Jar ETF and the Power of Indices for Altcoin Investing
Jar ETF and the Power of Indices for Altcoin Investing
May 27, 2018
MendoCrypto
I recently became aware of Jar ETF and I'm stoked to participate in every way possible as you should be too. If you know how much work and tracking is required to construct, maintain, and balance a small portfolio of privately held altcoins, you can imagine how rewarding it might be to have access to a crypto Exchange Traded Fund (ETF). Jar ETF's stated goal is,
"to be the S&P 500 of cryptocurrencies using the power of blockchain".
In their medium post , Jar ETF has clearly identified an opportunity in the blockchain space:
"At the moment there is no ETF available based on the Blockchain Technology, the market moves in cycles and trading on cryptocurrencies is very dangerous for beginners."
Bringing an instantaneous depth of diversification to cryptocurrency portfolios via Jar ETF, seems like a viable solution to a current market need. I'm excited to see Jar ETF become a household name in crypto and ETFs inevitably eat crypto markets they way they have eaten traditional markets. Click the image below to join the Airdrop & Bounty (use @mendocrypto2 for "Referral Telegram username").
It looks like their first ETF will consist of 25 cryptocurrencies. The project is still young and they haven't released a ton of specifics on which cryptos will be included in the ETF itself. However, you can have a look at their one-pager to get a better sense of their vision:
According to this post , Jar ETF will be using two coins, JAR and JTF. 1 JAR coin will represent 0.0001% of the profit made by Jar ETF and 1 JTF coin will represent the value of the cryptos composing the ETF. They explain the details here:
1 JAR coin will represent 0.0001% of the profit Jar ETF makes,more are the people investing in the ETF and joining the Jar ETF community more the token value will be. During Pre-ICO and ICO 500.000 coins will be available for purchase. The token estimated price will be 10$ per token during Pre-ICO and ICO where will be available bonuses for investors. Unsold tokens will be burned.
1 JTF coin will represent the value of the cryptos composing the ETF. This coin will have a price reflecting the ETF trend and will be available for purchase once the definitive Jar ETF is available.
Their slightly more in-depth presentation is also helpful to see because it conveys more about the founders and their bullish outlook on crypto ETFs:
From what I've seen, I'm hopeful that Jar ETF will be another successful blockchain project. Sign-up for email updates on their website and don't forget to use the referral code @medocrypto2 when complete the airdrop/bounty sign-up forms. Happy hunting crypto friends!
See you on the blockchain!
🌱 Follow MendoCrypto's Social Media Accounts 🌱
Steemit:
💧 https://steemit.com/@mendocrypto/
Medium:
💧 https://medium.com/@mendocrypto
Telegram:
💧 http://telegram.me/mendocryptoairdrops
Bitcoin Talks:
💧 https://bitcointalk.org/index.php?action=profile;u=1971475
Minds:
💧 https://www.minds.com/MendoCrypto
MeWe:
💧 https://mewe.com/i/mendo.crypto
Bitchute:
💧 https://www.bitchute.com/mendocrypto/
YouTube:
💧 https://www.youtube.com/channel/UCXLWXoRRbetdm4iHJuKaYyg/
Gab:
💧 https://gab.ai/mendocrypto
Twitter:
💧 https://twitter.com/MendoCrypto
Instagram:
💧 https://www.instagram.com/MendoCrypto
Facebook:
💧 https://www.facebook.com/mendocrypto
❇️ LINKS TO CRYPTO EXCHANGES AND SERVICES ❇️
💰 Earn (Get paid to meet new companies)💰
▶️ https://tinyurl.com/mendocryptoearn ◀️
💰 Acorns (invest your fiat pocket change)💰
▶️ https://www.acorns.com/invite/?code=XG7KUK ◀️
💰 Robinhood (Stock & Cryptocurrency Exchange) 💰
▶️ https://www.tinyurl.com/mendocryptorobinhood ◀️
💰 Coinbase (Cryptocurrency Wallet) 💰
▶️ https://www.tinyurl.com/mendocryptocoinbase ◀️
💰 Binance (Cryptocurrency Exchange) 💰
▶️ https://www.tinyurl.com/mendocryptobinance ◀️
💰 Cryptopia (Cryptocurrency Exchange) 💰
▶️ https://www.tinyurl.com/mendocryptocryptopia ◀️
💰 Gate.io (Cryptocurrency Exchange) 💰
▶️ https://www.tinyurl.com/mendocryptogate ◀️
💰 CEX (Cryptocurrency Exchange) 💰
▶️ https://tinyurl.com/mendocryptocex ◀️
💰Qryptos (Cryptocurrency Exchange) 💰
▶️ https://tinyurl.com/mendocryptoqryptos ◀️
💰 Cobinhood (Cryptocurrency Exchange) 💰
▶️ https://tinyurl.com/mendocryptocobinhood ◀️
💰Coss (Cryptocurrency Exchange) 💰
▶️ https://tinyurl.com/mendocryptocoss ◀️
💰 HitBTC (Cryptocurrency Exchange) 💰
▶️ https://tinyurl.com/mendocryptohitbtc ◀️
💰 Minerfarm (Cryptocurrency mining game that pays bitcoin) 💰
▶️ http://tinyurl.com/mendocryptominerfarm ◀️
💰 Coinpayments 💰
▶️ http://tinyurl.com/mendocryptocoinpayments ◀️
💰 Bitchute💰
▶️ https://bit.ly/2HOsVpC ◀️
⭐️ Claim Daily! ⭐️ Claim Daily! ⭐️ Claim Daily! ⭐️
⚡️CandyONE (Connects to BigONE Exchange)⚡️
https://candy.one/i/4394634
⚡️SwiftDemand (Marketplace)⚡️
https://www.swiftdemand.com/?referred_by=r0bs0l33t
⚡️MannaBase (Universal Basic Income)⚡️
https://www.mannabase.com/?ref=e0e43467a3
⚡️Bitleek (View balances from multiple exchanges in one place)⚡️
http://bitleek.com/promotion?invitor=e5b7cfa74382643a
⚡️Cryptotab (Mine Bitcoin in your browser) ⚡️
https://getcryptotab.com/892277
⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏⛏
Very interesting post
Congratulations @mendocrypto! You received a personal award!
Click here to view your Board
Congratulations @mendocrypto! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!