Crypto 20 Is The Very First Cryptocurrency Index Fund To Be Tokenized.
the more seeming every day. Choice paralyzes - choice adds cost, complexity and the need for advice. High risk, extreme volatility and practical difficulty compound to render buying and safely storing an effective and diverse portfolio of coins (cryptocurrencies) a complex problem. CRYPTO20 offers a one of a kind arrangement in the realm of digital money, appealing to any investors who feel overwhelmed by the research involved or concerned about the risks. All things considered, computerized currency markets are known for their unpredictable nature. CRYPTO20 is the worlds first cryptocurrency-only tokenized index fund. The portfolio will autonomously maintain a diverse portfolio of the top 20 cryptocurrencies by market capitalization similarly that finances, for example, the Vanguard 500 keep up a portfolio in light of the advertise capitilization of the best 500 freely listed US companies(the S&P 500).To keep following the market (index) after some time, CRYPTO20'S resource portfolio is balanced routinely in a method called rebalancing. Each token represents an investor’s share of the underlying assets. from being an scholastic idea to (virtual) reality with the making of Bitcoin in 2009. There are at present an enormous number of Cryptocurrency to look over, all from being an scholastic idea to (virtual) reality with the making of Bitcoin in 2009. There are at present an enormous number of Cryptocurrency to look over, all ty compound to render buying and safely storing an effective and diverse portfolio of coins (cryptocurrencies) a complex problem. CRYPTO20 offers a one of a kind arrangement in the realm of digital money, appealing to any investors who feel overwhelmed by the research involved or concerned about the risks. All things considered, computerized currency markets are known for their unpredictable nature. CRYPTO20 is the worlds first cryptocurrency-only tokenized index fund. The portfolio will autonomously maintain a diverse portfolio of the top 20 cryptocurrencies by market capitalization similarly that finances, for example, the Vanguard 500 keep up a portfolio in light of the advertise capitilization of the best 500 freely listed US companies(the S&P 500).To keep following the market (index) after some time, CRYPTO20'S resource portfolio is balanced routinely in a method called rebalancing. Each token represents an investor’s share of the underlying assets.
C20 Tokens:
The C20 tokens have been especially joined to the purposes of intrigue that underlie the stage. This takes into consideration a liquidation alternative inside the smart contact. That runique option ensures your advantage cost while promising it can't go underneath the offer of essential assets the token speaks to.
TOKEN DISTRIBUTION AND STRUCTURE:
There will be no token creation, minting or mining after the ICO period. Tokens will be transferable and tradable once the ICO is effectively finished and the basic resources have been obtained. Crypto20 token is an Ethereum Blockchain base token.There will be an aggregate number of 86206896 tokens open. Now Let's take a look about token distribution and structure-
» Token Type: ERC20 – Ethereum Blockchain
» Maximum Supply (Hard Cap): 86 206 896
» Available for Purchase: 75 000 000
» Minimum ICO Contribution: 0.04 ETH
» Minimum Raise: $2 000 000
Price per token:
» Pre-sale (1 Week, up to 7 500 000 tokens): $0.95
» Pre-sale & first 48 hours of ICO: $1.00
» 48 hrs to Week 4 of ICO: $1.05
Week 4-6 of ICO: $1.10
Summary:
- 7.5% C20 Team
- 0.5% Advisory Team
- 2.5% Marketing and Investor Relations
- 1.0% Legal
- 1.0% Security - Systems and Smart Contract
- 0.5% Bounty Program
- 87% ICO Participants
Roadmap:
» Initial Research and Development:
January - April 2017 – Developed the team and concept; conducted thorough backtests to determine portfolio hyperparameters; set wheels in motion to create a com-pliant legal structure.
» Develop Smart Contract and Autonomous Trading System:
April - June 2017 – Developed innovative CRYPTO20 smart contract to best practice specifications; developed back-end for multi-exchange trading.
» Finalize Smart Contract and Trading Protocol:
June - July 2017 – Complete smart contract to audit- ready state. Optimized autonomous index trading algo- rithm to mitigate front-running and slippage. Consultation with industry expert advisors.
» Test Trading System; Security Audit:
July - September 2017 – Security audit and code review process. Trading system tested and completed.
» C20 Token Pre-Sale:
7th October - 14th October 2017 – Token pre-sale:
» C20 Token ICO:
16th October - 30th November 2017 – Token ICO.
ICO FUNDS UTILIZATION:
The CRYPTO20 group has completed the development of the exchanging framework. The ICO funds (98%) will go towards buying the underlying resources. A little distribution (0.5%) is made for legitimate expenses to guarantee that CRYPTO20 is agreeable with endless supply of trade exchanging and an entire review of got supports by a noteworthy reviewing firm. CRYPTO20 and its digital currency broadening offer will be intensely elevated to retail speculators and a 1.5% allocation is made to facilitate this. Any unused funds from the 2% operating expense allocation will be utilized in a discretionary capacity once CRYPTO20 has started on-going exchanging.
What Assets Does CRYPTO20 Hold?
The portfolio for CRYPTO20 will be set up as a hybrid type based on an index trading strategy. All the ICO subsidizing will go toward buying the cryptographic money resources that underlie the store. By holding only one token, investors can expand and basically put resources into the main 20 crypto assets. In other words the assets will be divided among the top 20 cryptocurrencies. The digital currencies will be rebalanced each and every week and are chosen based on market capitalization. Every benefit has a most extreme weight of 10 percent, so no advantage can overwhelm the general portfolio.
How one can invest in the ICO?
Putting resources into CRYPTO20's ICO is exceptionally simple.Let's investigate
» At first, you need to make an account on their official site or signing into your current account. An account is important to guarantee your investment progress is transparent and give simple entry later on.
» You will in addition need to check imperative data for keeping away from fraud.This will in like manner influence your account to secure.
»Once your data is confirmed, you can start investing by submitting your ETH wallet address, which should be the place you jump at the chance to get the C20 tokens. This ought not be a exchange address.
» Then, you can send your investment in ETH, BTC, or LTC.
» After that You will be able to see your investment balance, deposit amount, and the amount of C20 you’ll receive on your account page.
SECURITY & TRANSPARENCY:
CRYPTO20 has executed security industry best practices for affirmation against Sybil assaults and terrible performers in co-operation with their group of expert advisors. Strong identity verification and authentication are set up to guarantee secure operations. Transparency in CRYPTO20's exchanging exercises and current property will be guaranteed using view-only exchanges APIs and furthermore through affirmation of put something aside for non-trade wallets ( this includes both hot and cold wallets).
Team Members:
For more information:
[Website](https://crypto20.com/en/)
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