Off-Piste Media Update

Published on: 28.09.2021

The latest updates of Off-Piste Protocol. Each of these updates is to help you know of the progress as they build the first protocol to democratize access to private capital markets. 

TL;DR

💥 The first 3 companies (oAssets) that will be traded at off-piste have been named

📊 We have partnered with Lagoon to provide deep analytics to help drive your trading strategies

🗽 New relationships in both the Solana and TradFi communities during latest trip to New York

The first 3 companies (oAssets) that will be traded at off-piste have been named:

  • ByteDance — A good amount of global trading volume in derivatives and perpetual comes from the greater China region. While oAsset contracts are not perpetual, they are by nature long-dated contracts based on a company that may not go public for 12–18 months. What better long-dated market than a hugely popular Chinese company?
  • Stripe — A global leader in fintech, Stripe is a name that will get not only the crypto-native crowd excited about trading, but should help bring non-crypto market participants into the fold. A bigger pie is better for everyone.
  • Kraken — A global powerhouse in the centralized crypto exchange world, Kraken is an exciting opportunity to follow up on the recent listing of Coinbase. It’s a global brand with a great following and reputation in the cryptocurrency world.

oAssets are synthetic assets that are minted via the off-piste protocol. These synthetic assets allow for retail and institutional participants to gain exposure to the underlying asset without having to actually own it. oAssets provide access to opportunities that retail participants have been excluded from as well as allow for more traditional type trading strategies to be deployed in pre-IPO markets.

off-piste proudly announces the partnership with Lagoon and Sacra to provide data and valuable information to all off-piste market participants. Most of the oAssets traded at off-piste will have multiple KPIs and analytics to help you create an informed opinion about a company’s value. The 3 main data categories will be Sentiment Analysis, Business Data (off-chain), and on-chain trading data.

New relationships in both the Solana and TradFi communities during the latest trip to New York

Barrett and James — Founders of off-piste— have been working on some exciting partnerships during their visit to New York. There is an incredible amount of positive energy around the Solana ecosystem and people are stoked about off-piste. They are also working to find ways to strengthen the SOL community and they will be sharing more details in the coming weeks and months.

Feature Profile

They want to make off-piste a complete toolset for you to participate in them on whichever device you might be using. 

Building a useful, beautiful, and stable mobile UI has been a fundamental part of their design process.

The core principles designing this experience have been:

  • easy to use for retail participants
  • useful for experienced traders
  • a complete version of the protocol (instead of creating a desktop-lite version).

The full mobile experience will be available in their V2 launch as they ramp up efforts to bring more retail participants to their app and the Solana ecosystem.

About off-piste protocol

off-piste is a decentralized synthetic asset protocol, allowing retail and institutional investors to create and trade pre-IPO futures globally.

offpiste.ioDiscord Twitter Substack

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