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Fortuna Review

14

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Followers 2

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Average

Revainrating 3 out of 5  
Rating 
3.2
Crypto Projects, ERC20

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Description of Fortuna

Fortuna is an ecological decentralized platform which consists of five functional roles including CoT maker, Trader, Quoter, Marker Maker and Delegate.

Reviews

Global ratings 14
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  • 3
    9
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Type of review

Revainrating 3 out of 5

The project died as a result of its low user base

Fortuna must have had a good going for it's project as I saw that the project token had listed on some popular exchanges. The project end came as they made an announcement to annul the works they have been building due to the low Support or user base they had in the past few months. With withdrawals being made only like 5x in a full month, low support can be attributed to the loss and end of this project

Pros
  • The project notified people of its demise before closing down. This takes out any mark of a scam by the project
Cons
  • The users of the Fortuna protocol were lost out and this made the running of the project unprofitable thereby leading to its closure
  • It still trades and has a definite value shapened by market demands and supply. But considering its closure, it's a bad choice to make buying

Revainrating 3 out of 5

About Fortuna

Fortuna is a China-based company and they are launching themselves as the first blockchain platform for the over-the-counter derivatives markets. Their aim is to find solutions to various problems in derivatives markets such as lack of trust, operational inefficiencies and illiquidity by using blockchain technology's products such as structured smart contracts and DPOSA. FOTA is an Etherium-based ERC-20 token for now, but in the third quarter of the current year, they will exit the Etherium

Pros
  • the team is professional and the CVs of the people in the team are very solid
  • Their products are on the market and many improvements are underway.
Cons
  • The top 100 accounts with token holders hold 85.73% of total tokens. This is not fair
  • whitepaper should be more clear and transparent

Revainrating 3 out of 5

Fortune is designed to meet the needs of customers around the world

This is a phase that allows for the production of business transactions that offer business contracts. Nonetheless, the greatest well-being of its customers lies in obscure locations across Asia. In general, the company has some time on the internet, but there is not much information defined by its help or equipment. In addition, it is difficult to verify some of the information that you report on your website. One thing I have lost sight of is that they have more than 30 customers…

Pros
  • Online help with a customized guide.
  • As can be seen from the actual data, his team is getting insight into different financial models.
  • Decentralized management of friends and wise contracts.
Cons
  • My secretary is in a secret phase.

Revainrating 4 out of 5

Organizations have passed because of low client base.

Luckily, the venture's name has been recorded, and it's anything but conceivable to execute everything, because of the organization's conclusion, the absence of help surprisingly fast, or the deficiency of its client base because of low client base. However, for quite a while I didn't shroud anything. The expense is truly sensible, I figure it's anything but a great deal of cash in the coming days, which is the reason the possibility of ​​Blockchain Advancement can't be handled independently on

Pros
  • Utilize the computation to show progressing information.
Cons
  • An incredible clarification of the issue structure.

Revainrating 2 out of 5

Businesses have passed due to low customer base.

Fortunately, the project's name has been recorded, and it is not possible to implement it all, as a result of the company's closure, the lack of support in a matter of months, or the loss of its customer base due to low customer base. But for a long time I did not hide anything. The cost is really reasonable, I think it can make a lot of money in the coming days, which is why the idea of ​​Blockchain Innovation cannot be tackled separately on three issues. It also presents the reason for the…

Pros
  • Use the calculation to display ongoing data.
Cons
  • A great explanation of the problem structure.

Revainrating 3 out of 5

The emergence of the first Bitcoin blockchain has led to the spread of many other schemes.

The Fortune-based market offers the highest risk options, the highest risks, the lack of governance, and the lack of an idea to isolate markets and traders, making it the No. 1 ticket project in the OTC market. The nature of blockchain technology forms the basis of the whole system, unlocking innovative functions to improve the current state of the market and using the balance of 3 issues as a whole. Its main task as a plan to increase the volume of proposed offers and become an international…

Pros
  • It has servers ready to process data at the highest possible speed, ensuring a consistent flow of data.
  • Market capabilities guarantee a sophisticated financial model and a standardized level of service each time.
  • The whole ecosystem is designed and focused on results, and its currency is easy to buy in exchange offices.
Cons
  • A very complex description of the structure of the plan.

Revainrating 3 out of 5

The emergence of the first bitcoin blockchain has led to the spread of many other projects.

Five decentralized phases of Fortune, CoT Creator, Merchant, Quoter, Marker Maker and Delegate. The closure of the company has led to the cancellation of work in recent months due to a lack of support or a customer base. By releasing 5x a month you can help with this disaster and low result. In short, it’s hard for a typical customer or observer like me to see some cycles related to such cryptocurrency fundamentals. I often understand that I can understand the points and directions of the…

Pros
  • Fortuna uses sophisticated algorithms and mechanisms, where traders are able to trade high-liquidity efficiently in a professional manner and encourage interaction.
  • More information, innovation and potential customers need to be addressed to improve.
Cons
  • I didn’t find a negative place here.

Revainrating 4 out of 5

Fortuna Project

The advent of the first bitcoin blockchain had given way to the rise of other numerous projects over the years. These projects have at all time made use of different technologies to attempt to deliver a more efficient system or to preexisting of emerging defects or problems as perceived by the entire cryptocurrency community. Fortuna is one of those cryptocurrency projects that makes use of what I can call complex technology, from my experience. I say complex because to the ordinary user or

Pros
  • The project makes use of smart technology to provide Solutions
  • FOTA can be traded on multiple popular exchanges
  • Use of algorithm to monitor real time data
Cons
  • Very complex explanation of project structure

Revainrating 3 out of 5

Fortuna: allows a free exchange, in a commercial way, offering to the market several solutions based on its network services.

Fortuna (FOTA): is a project that allows a free exchange, in a commercial way offering the market various solutions based on its network services and its ecosystem of operation, and adapting to the needs that may have each user and various customers and affiliated companies, its main objective as a project to increase its services and become an international project with a greater number of suppliers, is a project that has had a slow development had problems with its capitalization which…

Pros
  • It has servers very capable of processing data at high speed, ensuring a constant flow of information.
  • High market experience ensures an experienced economic model and guarantees a stable level of service at all times.
  • The whole ecosystem is developed and focused on offering solutions and its currency is easy to buy in exchange houses.
Cons
  • It is not an entirely popular project, it requires further development of its technology, to guarantee its services at all times, to think and grow constantly, completing uncompleted points on its roadmap, and improving the way it presents itself to the market.
  • Its website is not available in some countries.

Revainrating 4 out of 5

Fortuna - The leader of its market?

Fortuna describes itself as the first blockchain project in OTC derivatives market field that offers solutions to address the centralized derivatives market choices, high risks, insufficient management, and isolation of markets and investors. The nature of blockchain technology appears as the backbone of the whole network, approaching the three problems one by one and inaugurating innovative features to improve the current state of the market. Fortuna utilizes complicated algorithms and…

Pros
  • Fortuna utilizes the consensus algorithm called DPOSA to governed the platform which keeps the network running during several types of attack. Besides, the algorithm ensures the importance of all dedicated network participants are regarded
  • Derivatives contracts on Fortuna are smart contracts, not the conventional ones; therefore, everything operates fairly, precisely, inexpensively, and automatically
  • Decentralized Quoting Mechanisms prevent price manipulation to effect the whole system keeping it a reliable platform
  • CoT maker, Trader, Quoter, and Marker are regulated automatically by blockchain algorithm, not allowing malicious activities happen
  • FOTA utility token play an important role in the operation of the platform as it is used in almost every activities. This benefits the traders a lot
  • FOTA is traded on major platforms with very good volume
  • The project is backed by large capital institutions and found on famous medias
Cons
  • Cryptocurrency market is highly volatile
  • POS and its alternatives are usually considered to be not secure as POW
  • Regulation should be considered more

Revainrating 3 out of 5

What I think about FORTUNA.

Fortuna is a decentralized blockchain platform with PrC (peer-to-peer transaction with a derivative) and PuC (every one can be market maker and create a new market for a new type of derivative contract) trading modes . Developers of this project give the opportunity for users to create directives of any type, choosing various classes of assets, developing various transaction structures and establishing multiple restrictive conditions.

Pros
  • The project has an innovative idea, but implementation is still hard to understand.
Cons
  • It's real hard to understand idea of this project for ordinary users. In my opinion, developers complicated the ability to understand the idea of this project. And you need to know that users like people like to understand what is happening in the project without any problems.

Revainrating 3 out of 5

Fortuna

This is a platform that allows the creation of commercial exchanges offering business solutions tailored to the needs of customers worldwide. However, its largest source of customers is located in Asia being very unknown in other latitudes. In general this project has a lot of time online but there is not much information related to the service or its equipment in general. It is also impossible to verify some data that they report on their official site. Something that caught my attention is

Pros
  • Online service with personalized advice.
  • According to official information, his team has experience in various economic models.
  • Decentralized management of peers and smart contracts.
  • Support platform is online.  
Cons
  • Lack of information related to the equipment and protocols used.
  • Little known platform.
  • Without additional information about its developers, it is impossible to verify the identity of people related to FORTUNA
  • It has a poorly detailed roadmap.
  • Some of their social networks are in private  

Revainrating 3 out of 5

Fortuna a safe and functional platform

Fortunately, an OTC derivatives market that works through the blockchain, a way to generate more efficiently and transparently the creation of OTC markets and contracts that give the market maker an advantage on the platform, through the different functions that presents the ecosystem of fortune. Its modern platform has different functions that give life to the OTC derivatives market, such as: * The Cot Creation that allows the creators themselves to obtain benefits from the commissions…

Pros
  • Ecosystem based on several functional roles that provide the security and operation of the platform
  • It has a smart contract model for the OTC derivatives market
  • It presents negotiation modes in which the transactions do not present any cost
  • Associated with multiple recognized companies
  • Multiple market creation tools and OTC contracts that present profits for the creator
  • Although its currency shows fluctuations, it contains a system that allows users to trade without worrying about the value of FOTA
  • Presents an optimized version of the DPOS consensus algorithm
Cons
  • Only presented for large capital investor
  • Currently, its currency has several declines in the market
  • Language support on the platform is limited

Revainrating 4 out of 5

A Blockchain Based Solution for the Global OTC Derivatives Market.

It has the advantage of being the first mover in this space. Like any industry, there will be competitors. Who is going to enter the same market and how are they going to fair against FOTA. Extremely Large Industry With Billions Flowing In And Out Every Day. It Is In A Great Position To Not Only Capture A Share Of This Market But Fix Several Issues It Has Right Now.

Pros
  • Barriers Are Removed Countries with the strict control policies on international markets are allowed to participate in the trading platform using FOTA. Strong Team With A Great Range Of Experience. Team Members Have Experience Working With Microsoft Research, Huawei, Nokia, Alibaba Cloud, Alipay and Taobao. Plenty Of Computer Science And Mathematic Experts. Whitepaper Clearly Explains The Vision For The Project. A History Of The Global Derivatives Market Is Reviewed Highlighting The Current Issues The Market Has.
Cons
  • Website doesn’t have a lot of information on what the global OTC derivatives market actually is.