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Gordian Block CapitalNo Status
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Chicago, Illinois
Hxro is a cryptocurrency platform that offers perpetual, time-based digital derivatives markets. Hxro offers a simplified way to interact with the market, giving traders an alternative way to express a view on price, hedge risk and trade digital assets. While providing a useful tool for speculation and trading by some of the world's most advanced traders and firms, our products are fair, approachable and easy to understand for a wide spectrum of users. Hxro has taken inspiration from legacy financial markets and merged it with aspects of social games to provide users with an innovative alternative to trading crypto assets. One of Hxros unique attributes is that its core products are parimutuel - a system that aggregates all positions into a liquidity pool with in-the-money positions sharing the total pool at expiration. This creates a new dimension of fairness and payoff possibilities for our user base.Applying parimutuel technology to digital markets creates an environment that distills trading down to a simple question of higher (Moon) or lower (Rekt) and a simple payoff mechanism - out-of-the-money positions pay in-the-money positions.We feel both traditional and crypto trading venues often lack in providing users a welcoming and well-rounded experience. Our mission is to improve this experience by applying game and meta-game layers to our platform as a way to soften some of the sharp edges that are historically presented by early crypto derivatives exchanges.
Rob Levy