Crypto 20 (C20) : A Blockchain Based Crypto Index Fund Investing In Top 20 Cryptocurrencies As Per Crypto Verse | ICO Crowd Sale Is Live !!
Crypto Index fund is pretty new concept in crypto verse these days and there are not many projects working on this model. Basically, crytpo index funds works exactly in the same way as the traditional index funds but in crypto verse. They basically pools funds from retails and institutional investors and invest those funds in specific instruments after pertaining to specific set of rules. The main highlight of this system is that Index funds manages high volatility and diminish the risks connected to them.
Now, if we talk about crypto verse, then its not hidden that crypto market is full of volatility and very high risk. In this regard, Index funds can provide real help to investors for providing consistent returns as well as mitigating high level of risks. In fact, most of the investors in crypto verse are beginners and they generally invest their money on some recommendations of friends, peers, communities or groups.
People need something which can provide real value to the investors when it comes to investing in crypto market. That 'something' has now come into existence in the form of Crypto20 Platform.
Let's talk about in details:
Crypto 20 (C20) Working Model
Crypto 20 is a blockchain based tokenized cryptocurrency index fund which allows users to invest in Top 20 cryptocurrencies project instead via a single crypto named Crypto 20. In order to provide peace of mind to investors and maximize their returns, this concept has turned into reality.
Crypto 20 is an index fund which holds and autonomously rebalances a data science demonstrated portfolio of the top 20 cryptocurrencies, that means the cryptocurrencies will be ever changing as per market volatility and so are their returns.
Crypto 20 token is the representative of index funds which is comprised of Top 20 cryptocurrencies investment based on market ever changing data. But this re-balancing of data is done once a week, so top 20 cryptocurencies will change on weekly basis instead of daily. This actually provides great stability and healthy returns as well.
How Will Crypto 20 (C20) Platform Work?
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) Tokens Statistics & Details
Token Type: ERC20 – Ethereum Blockchain
Maximum Supply (Hard Cap): 86 206 896
Available for Purchase: 75 000 000
Minimum ICO Contribution: 0.04 ETH
Minimum Raise: $2 000 000
Price per token: Pre-sale (1 Week, up to 7 500 000 tokens): $0.95
Pre-sale & first 48 hours of ICO: $1.00
48 hrs to Week 4 of ICO: $1.05
Week 4-6 of ICO: $1.10
Crypto 20 (C20) Main 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. There is no need to subscribe the mailing list. One could directly join the ICO main crowd sale by visiting their official website.
Go join their ICO sale and become an early bird in this potentially great platform of the future.
Visit their official website & Read their whitepaper to know more about them.
Thank you..!!