TRIPTERIUM T50

Tripterium T50 is a tokenized, closed-end index fund (CEF), which passively tracks the top fifty cryptocurrency assets by market capitalisation, in order to deliver healthy returns. The fund has a Venture Capital Feeder Fund, which will invest in expertly-vetted early stage blockchain technology companies that are seeking to undertake an Initial Coin Offering (ICO), therefore benefitting from the ICO returns.

Tripterium T50 is a next generation index fund, making it easy for anyone to own a diverse crypto-portfolio by owning a single token.

ADVANTAGES OF TRIPTERIUM T50

The Tripterium T50 fund has several benefits including but not limited to:

• No exit fees

• No broker fees

• No advice fees

• Benefit from the fastest growing market in the world

• Free membership to the exclusive Tripterium Founders Club

• Diversified exposure: Broad exposure to a diverse set of cryptocurrencies

• Access great pre-ICO discounts and bonuses through the Tripterium Founders Club

• Higher returns: index funds have consistently outperformed the average managed fund

• Benefit from the concept of compounding interest, which increases the net asset value of the fund

• Tripterium Venture Capital Fund: consistently injecting new money into the Tripterium T50 index fund

• Institutional marketing: Tripterium T50 will be marketed to institutional investors, therefore increasing the T50 token price premium

• Liquidation option: providing a price floor for the T50 token, ensuring that the T50 token does not fall beneath the token’s share of the net asset value of the fund

• Free coins from hard fork: a cryptocurrency hard fork is when a single cryptocurrency splits in two. The value of the free coins will be put back into the Tripterium T50 index fund, increasing the net asset value of the fund

• Liquidity: Tripterium T50 tokens are based on the ERC20 token standard that is secure, can be easily stored in any Ethereum wallet, and can be easily bought or sold. The ERC20 standard is supported by all the top cryptocurrency exchanges

TRIPTERIUM T50 FUND

There are several components that make up the Tripterium T50 index fund, and one needs to understand each component.

Index Fund

Index funds aim to track the performance of a specific index. The value of the index fund will go up or down as the index goes up or down. Index funds typically have lower costs than actively managed funds because the portfolio manager doesn’t have to do as much research or make as many investment decisions. Even if two funds are of the same type, their risk and return characteristics may not be identical.

Active vs Passive Management

Active management means that the portfolio manager buys and sells investments, attempting to outperform the return of the overall market or another identified benchmark. Passive management involves buying a portfolio of securities designed to track the performance of a benchmark index. The fund’s holdings are only adjusted if there is an adjustment in the components of the index.

Exchange Traded Fund (ETF)

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

Closed End Fund (CEF)

A closed-end fund (CEF) or closed-ended fund is a collective investment model based on issuing a fixed number of shares which are not redeemable from the fund. Unlike open-end funds, new shares in a closed-end fund are not created by managers to meet demand from investors. Instead, the shares can be purchased and sold only in the market, which is the original design of the mutual fund, which predates open-end mutual funds but offers the same actively-managed pooled investments.

Venture Capital Fund

Venture capital funds are investment funds that manage the money of investors who seek private equity stakes in start-up and small to medium-sized enterprises with strong growth potential. These investments are generally characterized as high-risk/high-return opportunities. In the past, venture capital investments were only accessible to professional venture capitalists.

Tokenized Index Fund

A tokenized index fund is a new type of investment fund. The Ethereum blockchain provides a trust-less and transparent platform that allows tokens to be easily transferred. This removes the need for a third party to keep track of investment accounts and their investors. Using the Ethereum network, a token holder can trade their token with no entry or exit fee bar the transfer fee charged by the Ethereum network. The T50 tokens represent their share of the underlying assets within the fund.

Structure of the Tripterium T50 fund:

• The Tripterium T50 fund is a passively managed, closed end, tokenized index fund, which includes a venture capital feeder fund to harness the power of the efficient-market hypothesis

• The portfolio passively mirrors the components of the top 50 cryptocurrencies by market cap

• Protection against the T50 token trading at a discount is provided by the liquidation option which creates a price floor for the token

SECURITY

A fund devoted to cryptocurrencies requires maximum strength security. Tripterium Capital LLP has implemented best practice security industry defences. Secure operational procedures are in place including strong authentication, a risk-based approach to segregation of duties, and identity procedures.

The majority of cryptocurrencies will be stored in cold wallets with a small percentage of each currency stored in a wallet on our servers so as to facilitate rebalancing and the token liquidation option. Trades will be executed over multiple exchanges at varying times within our rebalancing window to mitigate the risk of front-running.

Two factor authentication

Two factor authentication and email verification is used on all exchange accounts. Multiple exchanges will be used to execute trades, in order to reduce the risk of front-running.

Multiple hardware wallets

Hardware wallets are purpose built, tamper-proof wallets designed specifically to hold digital currencies. These hardware wallets hold private keys and digital signatures in secure, offline devices. The Ledger Nano S will be used for storage of all the cryptocurrencies it supports. Encrypted storage drives and backup paper wallets will be used with regards to cryptocurrencies not supported by the Ledger Nano S.

Cold storage

The crypto currencies and Simple Agreements for Future Tokens (SAFT) will be stored in cold wallets within a secure vault, not connected to the internet and thus secured against hacking and theft.

Secret locations

The locations of the cold storage vaults are kept secret and are independently managed with secure access to pre-registered representatives.

TRIPTERIUM T50 TOKEN

The Tripterium T50 token is an Ethereum ERC20 standard token that represents the holder’s ownership in the fund. The value of the T50 token is always backed by the Net Asset Value of the fund. A liquidation option that can be exercised via the smart contract, guarantees a minimum value for each T50 token based on its proportion of the NAV.

ICO Details

Token: T50

Token Name: Tripterium T50

Token Type: ERC20

Token Maximum Supply: 1,000,000,000

Tokens Available During ICO: 870,000,000

Token Price: 1 T50 = 0.0001 Ether (ETH)

Bonuses: Yes

Bounty: Yes

Accepting: ETH, Euro

Hard Cap: 50,000 ETH

Soft Cap: 1000 ETH

Restricted Areas: USA, Cayman Islands

ICO Start: June 15, 2018

ICO End: August 31, 2018

ICO Token Distribution

Any unsold tokens will be held and sold slowly over time with the proceeds being injected into the fund, therefore increasing the net asset value of the fund. This will happen in a measured way to ensure that the price of the T50 token is maintained. The disposal of the unsold tokens shall be at a price point that is at least 20% above the price paid by the ICO participants. The price paid by ICO participants will be determined using the highest Ether (ETH) price point between 15th June 2018 and the end of the ICO. Therefore, ICO participants will always have paid a lower price for their T50 tokens.

Token Distribution

Token Distribution Percentage

The team and advisors tokens will vest over two years to ensure that team and advisors incentives are aligned with the ICO participants. A full list of Tripterium T50 team members and advisors are available on the website.

Funds Utilization

A small amount of funds will be allocated to legal fees (0.5%) and operations (1%), in order to ensure the lawful running of the fund and produce an audit of the assets. 1.5% will be allocated towards marketing to institutional and retail investors post ICO.