The cryptocurrency market has been facing a “Great Depression” over the last eight months. Cryptocurrency investors lost interest in Bitcoin once its price broke ATH in December 2017. Unfortunately, Ethereum also failed to hold its stability during this time and has largely wasted the funds it collected as the crypto market capitalization dropped like a stone.
Now, each month is a new test for the crypto-community and for large venture companies.
The ICONOMI platform provides a service through 40 managers (as of now) who manage baskets of digital assets, including cryptocurrencies. These baskets are called Digital Asset Arrays (DAAs). These DAA managers try out strategies and share those that win with the users of the ICONOMI platform. The managers are pulled from 20 countries all over the world, and they each use their own different strategies. The DAAs capitalization is greater than $45m. 53% of these DAAs performed better than Bitcoin in Q2 2018.
Jure Sutar, the head of DAA Department at Iconomi, is creating a digital asset management ecosystem and helping broaden the knowledge of tokenization and the massive potential for blockchain.