Discussion: Crypto20 Index Fund : Cryptocurrency
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Bitcoin Blueprint Review - Cryptocurrency Ico Trading Investment Secrets?
The Secret $20 Bitcoin Blueprint is a downloadable guide that promises to turn your $20 investment into a massive fortune. Find out if Bitcoin Blueprint is a scam or a legitimate business opportunity today in our review. Bitcoin Blueprint is a downloadable eBook launched by the team at Agora Financial. Agora is best-known for selling high-priced email newsletters targeted towards those who want an alternative perspective on financial markets. Your copy of The Secret $20 Bitcoin Blueprint is included with an annual subscription to the companys True Alpha email newsletter. An annual subscription is priced at $50 to $80 per year. After confirming your subscription, youll receive The Secret $20 Bitcoin Blueprint in your email inbox. Obviously, the world of bitcoin is totally new and foreign to most people. However, a growing number of people are starting to learn about the opportunities surrounding bitcoin like the potential to make gains of several thousand percent. Weve all heard about the millionaires who invested in bitcoin when it was $7. The Secret $20 Bitcoin Blueprint is targeted towards bitcoin newbies who have heard about cryptocurrencies , but are unsure where the industry is headed. The eBook claims you should invest money in cryptocurrencies today because theyre set to experience massive gains. The downloadable eBook claims to turn your small investment into a quick fortune with just a few simple steps. Similar to other bitcoin investment opportunities , the creators of The Secret $20 Bitcoin Blueprint claim to help you make a smart well thought out investment. In any case, this offer involves three simple things: 2) The fact that dozens of penny cryptocurrencies have exploded in price over the past few weeks, rising from 12,000% to 56,000% in value 3) The upc Continue reading >>
Crypto20 Ico Review Crypto Mutual Fund
Type of cryptocurrency: Token/tokenized asset Crypto20 will use 98% of its ICO funds to invest in the top 20 cryptocurrencies by market cap (2% for operational expenses). With a single token, an investor can diversify their risk exposure across the 20 largest cryptocurrencies, without the hassle of buying and selling each one independently. The team has determined, after researching historical data, a re-balancing formula that has great past performance. Theyve set up weekly re-balancing to be automatic (no active trading) so management fees can stay relatively low (0.5% annually). The re-balancing strategy makes sure that none of the assets is more than 10% of total portfolio value. Crypto20 Token is ideal for both investors who want to have exposure to a diversified portfolio and ICO companies that want to diversify the risk management of their ICO funds by not holding all of their funds in one coin. Each token represents an equal part of the full investment portfolio. An interesting feature is that besides trading the token on exchanges, investors also will have the possibility to cash the token out by interacting with a smart contract on Ethereum. The investor will receive the Ether value of the investment portfolio per token in return for the token. This way, the project aims to guarantee the value of the token. It is not uncommon though for those tokens to be traded at a premium on exchanges. The fund is incorporated in the Cayman Islands as an LLC. The Cayman Islands are commonly used for hedge funds and other investment funds. The team promises to comply with local regulations and to produce quarterly financial reports for transparency. Hassle free exposure to the weekly rebalanced top 20 cryptocurrencies in a mutual fund on the blockchain Diversification of fu Continue reading >>
Introducing Crypto20: The Cryptocurrency Index Fund
Introducing CRYPTO20: The Cryptocurrency Index Fund Oliver Dale on October 20, 2017 / 1 Comment CRYPTO20 is the very first cryptocurrency index fund to be tokenized. This makes it possible for anyone to have his or her own diverse crypto portfolio without having to actually buy the various cryptocurrencies themselves. CRYPTO20 is currently in its ICO phase, giving investors the chance to get involved. How CRYPTO20 Creates a New Investment Paradigm The primary goal of CRYPTO20 is to develop a new investment paradigm that makes the actual process of investing simpler on those involved. The ICO funding will be used to purchase the underlying crypto assets. The index fund will then provide users with complete blockchain transparency. One of the goals of CRYPTO20 is to make investing simple and straightforward. Instead of having to individually analyze the thousands of emerging cryptocurrencies, investors can simply invest in CRYPTO20 and take advantage of the market as a whole. This reduces the cost of investment, as there is no need to perform a deep analysis or consult experts for advice before choosing a cryptocurrency. Instead of human advice, CRYPTO20 relies on data science and a set of carefully determined hyper-parameters. Investors will have complete control over their own assets with CRYPTO20. Many companies are profiting off this by serving as middlemen for investment. They take a cut of the investors profits, but CRYPTO20 does the opposite. There will be no need to worry about minimum investments, and there are no exit fees, either. Additionally, investors dont have to pay broker fees, allowing them to invest more easily. Simply put, CRYPTO20 is transparent and free from fees for things like brokers, advice, and even using the platform. Investors can take action Continue reading >>
Crypto20 In A Nutshell
CRYPTO20 is an autonomous index fund that invests only in cryptocurrencies. They aim to make it easier for people to invest in crypto by managing everything for them, including what of the many cryptocurrencies to invest in, how to do it, and when to make buy/sell decisions. CRYPTO20 is a hybrid market-cap weighted index fund consisting of the top 20 cryptocurrencies by market capitalization. There will be a weekly rebalancing of the fund. This is intended to mitigate risk and and allows for diversification into the top 20 cryptocurrency assets. Assets are capped at a maximum weighting of 10% this prevents any asset from dominating the fund. CRYPTO20 will introduce the C20 token.The C20 tokens are directly tied to the underlying assets with a unique liquidation option in the smart contract. This protects the asset price and ensures it is never able to fall below the tokens share of the underlying assets. 24/7 trading.Exchange your C20 tokens at any time. No exit fees your investment is a token! Lowest fees.Annual fees of only 0.5% p/a much lower than the 3% offered in the market. Autonomous.Index funds do not rely on expensive human managers for active trading. Powered by Data Science.Fund hyperparameters are carefully determined. Track the Index.Index funds have consistently beaten actively managed funds over the last 30 years. Blockchain Transparency.Verify where fund coins are held and track value of underlying assets. The funds raised from the C20 token ICO are the funds that CRYPTO20 will use towards buying the underlying assets. According to their whitepaper, the breakdown of the money received will be as follows: 1.5% Continued Marketing Pre-Exchange Listing There will be no token creation, minting or mining after the ICO period. Tokens will be transferable and Continue reading >>
Crypto 20 Is The Very First Cryptocurrency Index Fund To Be Tokenized.
Crypto 20 Is The Very First Cryptocurrency Index Fund To Be Tokenized. Cryptocurrency is computerized money that is made and managed utilizing impelled encryption frameworks known as cryptography. Advanced cash made the hop 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 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, CRYPTO20S resource portfolio is balanced routinely in a method called rebalancing. Each token represents an investors share of the underlying assets. 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 asse Continue reading >>
What Is The Outlook For The Ico Crypto 20?
What is the outlook for the ICO Crypto 20? Some counterpoints to the chap whom has already provided his opinion here. Disclaimer: I am not involved with C20 in any professional sense, though I have bought some tokens. John is correct with respect to the general idea of the fund: it is an index fund which captures the top 20 coins, and will re-balance the profits and losses of these coins on a weekly basis. Much of this is done automatically (i.e. it is not a actively managed fund, per se), which allows for exceptionally low yearly fees - in the realm of 0.5%. Compared to traditional index funds, such as those for conventional stocks, this is very low. John is also correct with respect to monetary flow. You invest btc, eth, or ltc, and the team invests that in the underlying coins. The percentages are fixed, and there is no human element to the decision in this regard. The exception being that C20 have (rightfully) decided to exclude controversial coins that may be in the top 20. For example, when bitconnect was in the top 20, the fund did not buy bitconnect tokens. This is a nice spin, in my opinion, and it reflects the underlying values of the founders. To address the first point regarding legal recourse, I think its necessary to take a broader perspective. One may argue that similar concerns regarding litigation apply to all projects in the cryptosphere. Very few would have grounds for litigation if something were to go wrong. This is a risk-reward dichotomy that you are either willing to accept for the entirety of cryptocurrencies, or not at all (at least until regulatory bodies are more active in this space). Indeed, I would argue that the mark of a competent team is one that engages with legal advice to a level that meets international standards; for example, you Continue reading >>
Crypto Boom: 15 New Hedge Funds Want In On 84,000% Returns
Crypto Boom: 15 New Hedge Funds Want In On 84,000% Returns With 43 projects raising $1.2 billion in initial coin offerings since May 1, according to Nick Tomaino's The Control , and with stratospheric returns for so many ICOs -- 82,000% for Ethereum, 56,000% for IOTA, 44,000% for Stratis, 21,000% for Spectrecoin -- it's no surprise that this summer through the end of 2017 marks the launches of at least 15 new crypto hedge funds. Last September, when Olaf Carlson-Wee , the first employee of Coinbase (and the subject of this month's cover story ), founded Polychain Capital with $4 million (it now has $200 million in assets under management, with investment from Andreessen Horowitz, Founders Fund, Sequoia Capital and Union Square Ventures), he was early on the trend, butnot the first. Metastable Capital , founded by Lucas Ryan, Josh Seims and Naval Ravikant, the chief executive officer and cofounder of Angel List, was founded in the fall of 2014 and has $45 million in assets under management. Like Polychain, it follows a Warren Buffett-style buy-and-hold strategy and has so far massively outperformed bitcoin over that time period. The same year saw the launch of a couple bitcoin funds. Tim Enneking ran an index-style Bitcoin fund, and veteran commodities trader Daniel Masters of Jersey-based Global Advisors launched an actively managed bitcoin fund, which last year saw returns of 71%. (Enneking also later set up a crypto trading fund offshore that he has since closed.) Then, this spring, Blockchain Capital raised its third round to invest not only in blockchain startups but also tokens. The firm then tokenized $10 million of the $50 million fund, selling BCAP tokens to the public (but only accredited investors in the U.S.). But now, a bigger wave ofexisting crypto players Continue reading >>
New Crypto Index Fund To Launch With Backing From Naval Ravikant
New Crypto Index Fund To Launch With Backing From Naval Ravikant As multiple digital currencies beyond Bitcoin and Ethereum have taken off, many crypto enthusiasts have proposed diversified portfolios of blockchain-based assets. Hence the proliferation of crypto hedge funds seen this past summer. But not everyone who wants to invest in a basket of crypto assets can afford the minimums or fees of a hedge fund, and nor do all such investors want to hold anything more daring than a basket of the top coins. Enter Bitwise Asset Management , which is launching the HOLD 10, a new passively managed index fund of the top 10 cryptocurrencies by inflation-adjusted market capitalization. Its too hard to conveniently and securely own a portfolio of cryptocurrency, says cofounder Hunter Horsley. We felt [what] needed to exist was a robust index that tracks the large cap cryptocurrencies and the market as a whole. Hunter Horsley and Hong Kim, cofounders of Bitwise Asset Management The HOLD 10, named for a common saying in crypto (and Bitcoin in particular) to hold ones coins rather than sell, will be sold as a traditional security to accredited investors who must meet income or net worth minimums ($200,000 a year in income or $1 million net worth). In that respect, it will be less similar to an ETF and more like the Bitcoin Investment Trust (GBTC), a private placement investment also sold to accredited investors that enables one to have exposure to Bitcoin in traditional financial accounts. The HOLD 10 will only have a management fee of 2-3%, and not the 20-30% performance fees of a hedge fund. It will also be available in some tax-advantaged (non-ERISA) accounts such as IRAs. Though Horsley and his cofounder Hong Kim do not have backgrounds in either crypto or traditional finance, t Continue reading >>
Top 20 Cryptos Briefly Explained | Jan 2018
Prices are correct as of 9am GMT, December 1st, 2017 Before We Begin, We Want To Highlight 3 Points: This is a brief summary of the top Cryptocurrencies not an in-depth analysis. Over time, we aim to carry out in-depth reviews of all of these coins and we will be including links to them in these regular, monthly articles Some Cryptos have more extensive information included than others this is zero indication of whether we are fans of the project or not Much of the information has come from the project teams directly. As such, we cannot 100% guarantee the accuracy of the information $642 Billion (9am GMT January 2nd, 20118) Hi, Im Tom, the CEO, and Id like to take this opportunity to personally thank you for reading our article. I hope youre enjoying it and have learnt a thing or two. If you have, dont forget to bookmark the website for more great content just like this. Already done that? Come and chat to me personally in our Facebook Group ! We work hard to create a welcoming community and, when you join, youll be able to vote in our regular polls to see which projects YOU want us to review. On December 1st 2017, we compiled a list of the Top 50 Cryptos with explanations for each. After feedback from our community, we took on board the suggestion to cut the list down to a more manageable size the top 20 for the following months. However, we have left the top 50 article up as we know that many investors may find it useful to read the extra information. You can check out the Top 50 Article HERE Remember that this list hasnt been updated since posting so the market cap and token price values will no longer be correct Some affiliate links have been included in this article. We cannot guarantee anything in this article with 100% accuracy always do your own research! INTER Continue reading >>
A Crypto Fund For The Top 20 Coins By Market Cap: Crypto20
Interview with Daniel Schwartzkopff, responsible for Business Development, Marketing, Operations @ Crypto20. CRYPTO20 is an autonomous, tokenized crypto-only index fund. It tracks the top 20 cryptocurrencies in the same way the S&P500 tracks the top 500 US stocks. It is a complete product and the ICO proceeds go towards buying the underlying assets and not to pay for the development of a platform. Each token represents an investors share of the underlying assets. The tokens are directly connected to the value of the underlying assets via the smart contract. Owning a diverse, rebalanced cryptocurrency portfolio is now as easy as holding a single token. Can you highlight team members/advisors who have direct experience in funds/investing? Bobby Jonker (PwC UK, Investment Management, Chartered Accountant) Jon Matonis (Chairman of Globitex, institutional-grade bitcoin and derivatives exchange. Founding & Executive Director of the Bitcoin Foundation, Chief Forex Dealer & Director of Credit Card Interchange at VISA International, Director of Financial Services at Verisign) Dan Doney (CEO, Securrency. Previously Chief Innovation Officer of the Defense Intelligence Agency (USA)) Many other team members have had experience in dealing with funds and investments via consulting (Frans Cronje, Daniel Schwartzkopff) DataProphet, a partner machine learning company they founded that services major international financial services businesses, or their education (economics, statistics, actuarial science, etc.) Bitcoin Maximalists state that all altcoins are an experiment whose functionality will eventually be incorporated in BTC, what is your take on this? Daniel Schwartzkopff, Business development, Marketing, Operations @ Crypto20 I do not think this is a realistic position to take in Continue reading >>
Crypto20 Review - C20 Ico Tokenized Cryptocurrency Index Fund?
CRYPTO20's goal is to bring peace-of-mind cryptocurrency investments to mainstream investors. It is an index fund which holds and autonomously rebalances a data science demonstrated portfolio of the top 20 cryptocurrencies. The CRYPTO20 pre-sale is now over, gaining over 2000 backers from 93 countries and $5 million in total funding raised. The CRYPTO20 ICO started on the 16th of October 2017 at 18:00 GMT and ends on the 30th of November at 00:00 GMT. What is the C20 Token offered by CRYPTO20? The fund's token, C20, is a representation of an investor's share of the fund, and the fund's value is equivalent to the combined value of its assets. CRYPTO20, unlike many of the additional offerings in the market now, is a finished product rather than a platform. CRYPTO20 has introduced trading tools and insights which are generated live from the 8 trades connected to the platform via an API. The trading instruments are available here and include advice on slippage, the very best price and trading pair to acquire assets with and the quantity by exchange. 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. One is now able to invest in the top 20 cryptocurrencies by holding a single token. The top 20 changes as time passes, and so will CRYPTO20's holdings this weekly re-balancing procedure mitigates 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 Continue reading >>
How Not To Be Scammed Into Buying Crappy Cryptocurrencies
How not to be scammed into buying crappy cryptocurrencies Based on data available on a curated calendar of token sales, at least 39 Initial Coin Offerings (ICOs) were launched in September. In addition, at least another 33 crypto startups are set to launch their ICOs in October. CO is an event in which a cryptocurrency, blockchain firm or a startup sells tokens that represent ownership of its core blockchain, in an effort to raise money to develop the product or scale an existing product. Unfortunately, many scam artists have jumped on the cryptocurrency train to unleash all kinds of scam cryptocurrencies on unsuspecting investors who think they are buying the next Bitcoin at a discount. This piece seeks to provide a comprehensive guide on how to spot and avoid shitcoins in the cryptocurrency industry. The main reason ICO scams tend to succeed The simple idea is that an ICO helps you to own some part of the next Bitcoin at very cheap prices you can expect the value of the token (and the coins youbought in the ICO) to rise as the demand for the coin starts to increase in the mainstream market. Bitcoin currently trades around $4,534 per BTC and joining Bitcoin ecosystem is somewhat too pricey for new investors, unless they have very deep pockets. If you missed the early Bitcoin rush but were smart enough to buy Ethereum during its ICO at $0.311 per ether, you would have had 96,479% returns on your investments now as Ethereum trades up around $300.77. The massive ROI (Return of Investment) that investors can expect in the success of new cryptocurrencies is causing investors to be on the lookout for ICO that promises to be the next big thing in the blockchain ecosystem. Unfortunately, some unscrupulous folks are taking advantage of investors love for ICOs to perpetrate ICO Continue reading >>
This Week In Cryptocurrencyfebruary 23th, 2018
This Week in CryptocurrencyFebruary 23th, 2018 This Week in CryptocurrencyFebruary 23th, 2018 Market goes up, market goes down: In usual crypto randomness, the market took a slight dip after last weeks recovery, but theres no need to worry. Were seeing positive price movements this morning, and the 7-day chart shows greener pastures on the horizon. At publishing time, the market is hovering around $460 billion, a roughly $12 billion drop from last week. Not ideal, but it could be much worse. Bitcoin: Bitcoin is the only currency in the top-ten that increased in value since last week, gaining more than $400. At its current price of $10,457 Bitcoin increased roughly 4% from $10,478. SegWit activation has transaction fees as low as ever which most likely enabled Bitcoin to swim against the sea of red. Ethereum: Ethereum fell 18% throughout the week to $800 before turning things around with a nice end-of-the-week bump. It currently sits at around $875. Ripple: Still having trouble rebounding from Januarys crash, Ripple fell an additional 10% this week. The coin is now priced at just over $1, significantly less than its $3.65 all-time high. New York City Takes on Silicon Valley With First-Ever Blockchain Week: New York City announced its first ever Blockchain Week, which will run May 11 through May 17. Events include blockchain technology summit Consensus, job fairs, and a hackathon. According to job market analytics firm Burning Glas, NY has more job openings regarding blockchain than San Francisco. New York City Economic Development Corporation Senior Vice President Anthony Hogrebe says the goal is really to plant that flag and send a very clear messagewe ultimately want NYC to be the global capital for blockchain. Wyoming Considers Pro Crypto Bills to Become Crypto Haven Continue reading >>
Crypto 20 (c20) : Icocrypto
Code: 755fa9hi,i had a short look into the whitepaper.I have the understanding we can buy somthing like ETC's (exchange trade Coins's).nice so far. My understanding is that the tokke will distributed:- 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 This lead to a sitaution where an investor loses roughly 13 percentage of her/his investment. since prices per token are:Pre-sale (first 7 500 000 tokens):$0.95Pre-sale & first 48 hours of ICO:$1.0048 hrs to Week 4 of ICO:$1.05Week 4-6 of ICO:$1.10 I assume the only situation benefiting from the ico is when participating in Pre ICO 1 and all other tokens are sold from the other ico stages.leading to a situation where the pre ico 1 investor has discount of 15 % compared to all others.Simplified resulting in all other pay the 13 distributaion cost. Meaning pre ico 1 investor can roughly 2 % as ICO premium.For that pre ico 1 investor takes the risk of an generall scam or not all tokes be sold and therefore maybe also have to cover management costs. Why not wait for a listing - when the price of the token will be equal to the held coins minus deductions from the distribution? Continue reading >>