Index Funds are being considered as a great investment instrument these days as they provide stable returns while mitigating high risk from the market. If we talk about cryptocurrencies, then they're great investment if it is done after proper technical as well as fundamental analysis. People these days invest huge amount in cryptocurrencies only to find out that they have lost a substantial amount of money during the process.
Cryptocurrencies provides great returns indeed, but at the same time they're prone to high risk and extreme volatility. Beginner investors generally don't have enough knowledge about crypto fundamentals or technical charts, they basically invest their money after being influenced by high returns.
But let's say if index fund's idea can be implemented in cryptocurrencies. What then?
Well, a platform is coming named Crypto 20 which allows users to invest in a single cryptocurrencu named 'C20' Token and then this token's combined capital will be invested in Top 20 cryptocurrencies in crypto verse, providing high returns to the investors and also mitigating high risks.
Let's understand this Platform in details:
Crypto20 (C20) Platform General Architecture
Crypto 20 is blockchain based tokenized crypto index funds which allows users to invest in a single crypto instead of many other cryptocurerncies while mitigating high volatility of crypto market and providing high returns y investing in top 20 cryptocurrencies.
Those 20 cryptocurrencies will be re-balanced once a week to maintain the credibility as well as the profitability of C20 Token.
How Crypto 20 Platform Works?
The Crypto 20 Platform works very efficiently and in simple manner. Now a person is able to invest on top 20 cryptocurrencies via a single cryptocurrency index fund token. The weekly re-balancing procedure of top 20 cryptocurrencies mitigates high risk and volatility. The underlying assets are passively managed, with an index plan, and there are no costly legacy banking costs. The yearly fee is just 0.5% per annum — 6x lower than the competitor's typical of 3%.
Being an index fund, crypto 20 allows investors to monitor market indicators with much efficiency and at the same time mitigating high risk. There's no volatility happens except re-balancing of cryptocurrencies on weekly basis.
Crypto 20 (C20) Token Statistics & Details
Crypto 20 token is the core cryptocurrency of Crypto 20 platform which allows users to enjoy profits being generated by the index fund linked with C20 Tokens.
Token-holders have the ability to liquidate the C20 token to get their share of their underlying assets through the intelligent contract. By going directly to the end-user for a cryptocurrency itself, CRYPTO 20 gives traders the ability to sell or swap their holdings at will without any exit fees, no platform charges, and no broker fees.
These tokens will also be listed on various cryptocurrencies leading exchanges as soon as ICO crowd sale is concluded. The main feature of this project is that it is already a finished project in existence and not a 'work-in-progress' project like many others out there in crypto verse. Crypto 20 platform will use 98% of ICO proceedings to get the inherent crypto assets as it already has completed its development phase.
Token Type: ERC20 – Ethereum Blockchain
Maximum Supply (Hard Cap): 86 206 896
Maximum Supply: 75 000 000
Minimum ICO Contribution: 0.04 ETH
Minimum Raise: $2 000 000
Crypto 20 (C20) ICO Crowd Sale
Crypto 20 pre-ICO crowd sale has already concluded and the project received a total worth of $5 Million. The 2000 investors belonged to 93 countries. Now the ICO main crowd sale is open since 16th October 2017 and it will be concluded on 30th November 2017.
All the investment will be received in Bitcoin, Ethereum and Litecoin. One doesn't have to join the mailing list first, instead all the investment can be made directly by visiting the official link of ICO.
Visit Crypto 20 Official Website to get to know more about the project.
Thank you.