Just like stockmarket platforms, Apptrade provides a platform for investing in next-gen apps that could go viral like WhatsApp, Instagram or Snapchat. The platform provides a market where traders/investors can see potential applications and invest in the apps of their choices. This investment has been made accessible through the use of cryptocurrencies which enables investors from any part of the world to quickly and securely be able to transact with someone 5000 miles away. Apptrade will feature both mobile and computer applications on the Apptrade market platform.
What does ‘Apptrade’ do?
Apptrade is a platform designed to enable application developers trade apps from their portfolios simulating the modus operandi of stock markets. The value of an app in the apptrade market keeps on varying depending on factors like a total number of users, financing so far received for the app and the valuation of the app which shows the app potential if deployed on the mobile app stores. Portfolio of apps have the possibility of becoming a competitive asset on the platform apptrade and can be perceived as a very disruptive idea. Apptrade allows applications to have multiple sources of revenue – one being the ICO or venture funding and the other from investors on individual apps. Thus it forms an investment system for apps and linked portfolio of apps packaged to be traded over a decentralized exchange. Apptrade provides a platform more dynamic and interactive than the traditional app stores.
How Apptrade Operates
Powered by the OpenLedger Decentralized Exchange (DEX), Apptrade provides a system where apps grow and become famous, cultivating a revenue pipeline for the apps. It is unique and pioneering in the sense that App developers will be able to compete in a fair market with other apps with excellent exposure. Apptrade enables apps to get regular updates from its developers ensuring a very high level of quality across the platform. The platform provides apps are periodically tested against malfunctions and bugs which could affect the functionality of the apps. Through this move app, investors can be confident that the apps they would put their money on in the platform are free from the dangers of scammers. The platform offers ratings for the apps present, making the promotion within the ecosystem easy. This gives the apps a chance to be noticed by potential investors.
The platform allows investors to select and customize their own set of apps for their portfolio. The platform apptrade has its owned decentralized tokens referred to as APPX used for the transactions over the platform. The value of the tokens changes with increasing digital trust the token gains. APPX tokens can be traded or exchanged OpenLedger platform.
Getting Started With Apptrade
Apptrade ICO was launched with a goal to raise over $ 1 million in venture capital. The platform is being laid to become a comprehensive network that can turn out to be the future of app funding and investment. So far APPX has a market cap of $ 5 million with just about 8.25 million APPX on the market. When an investor puts money onto the apptrade platform, he is entitled to up to 20% of the net market value and revenue of the apptrade portfolio ecosystem. All apps are on an individual payment level. Each publisher will see their tiered payment rate decrease as the value of their app increases. 80% of an app portfolio’s earnings are distributed to token portfolio sponsors and 20% to holders of APPX.
The founders of the project and OpenLedger are confident that the project will be a huge success. The venture seeks to penetrate 1.4 % of the 30 billion dollar growing app market in 3 years. The project has high potentiality and is all set to revolutionize app funding in the years to come.
