Let me start by giving basic ICO stats as it is already live, deposits and investments are accepted through ether, do not use exchange wallet to purchase target coins, use myetherwallet or hard wallets with private key as you will receive target coins on the same ether address after investing.
It is an ERC20 Ethereum token called TGTCoin, Total tokens created are 2 billion out of which 1.34 billion will be sold, out of remaining tokens 20% were allocated to pre-ico participants and 13% for promoters.
TGTCOIN is basically a tokenized crypto fund that makes profit trading crypto currencies and shares the profits quarterly with its holders through smart contract. The Targetcoin team keeps 10% annual Fee and 15% quarterly Fee. Targetcoin will also give a 0.85% complimentary quarterly bonus to its investors and holders.
Technology:
Along with manual analysis and trading the TGTCOIN team makes use of sophisticated technology that includes, machine learning, artificial intelligence that covers and understands the market patterns and behaviors, quantitative arbitrage, margin financing and hedging strategies and technical analysis. The team is expert in making both short term and long term trades depending on the currency, the traders in the team have a commulative experience of more than 10 years in trading the financial markets while 3 years experience in crypto markets.
Process:
As soon the ICO ends investments will flow into crypto currencies and trading will start, tgtcoin will make profit from both buying and selling of assets. After every 3 months profits will be calculated and sent to token holders within 2 weeks through the smart contract after deducting the 15% quarterly performance fee by the fund managers.
Advantages:
Source of passive or residual income. No need to take trading stress yourself. No need to read charts and look at candlestick patterns all the time. Proper risk management and strategies by the traders to avoid loss and maximise profits. Automatic quarterly payouts to your smart contract address. The demand and value of TGTCOIN will also increase with time so that you can liquidate and profit anytime.
I think it is a unique fund especially for those who do not understand crypto market or do not have time and are looking for side income without risks. Do not miss to invest in the future of the blockchain technology.
Team:
Targetcoin team is based in India and Singapore, headed by Akshat Naik, you can have a look at his linkedin profile here: https://www.linkedin.com/in/akshath-naik-8936276a/?ppe=1
You can have a look at projects whitepaper here: https://docs.wixstatic.com/ugd/c281dc_6e00ec5ef9534f81b78bffc4ff24700d.pdf
Main website: https://www.tgtcoins.com
ICO Page: https://www.tgtcoins.com/ico
Thank you for reading!