Kryptoin ETF Platform review

mifti (-1)(1)in #etf • 6 years ago (edited)

Introduction Video

About Kryptoin

The Kryptoin ETF System is a patent-pending platform that enables a digital token to be exchange-traded with a basket of cryptocurrencies that represents any index or sector. The ETF application integrates with any blockchain to enable that cryptocurrency to be included in the exchange trade. All ETF tokens are inherently asset-backed. The smart contract is utilized to bind specific requirements of the in-kind exchange creating a decentralized asset management system. Kryptoin ETF Tokens behave like traditional ETFs found on a stock exchange but the underlying assets are digital currencies. They are exchange traded by a Kryptoin Trading Desk and can be liquidated on a digital exchange. ETFs tokens can be assembled to track any index or benchmark of any sector or niche market globally.

Kryptoin ETF Systems started in Toronto, Canada late in 2016 with one person anticipating that the masses would flock to Bitcoin and other cryptocurrencies and the companies that enabled ease of access would flourish in the environment. Part of this early trend recognition was identifying the habits of investors and their preference for utilizing ETFs.

ETFs would be needed by investors that wanted exposure to the sector and to simplify their investment strategies. Cryptocurrency investing can be highly technical and confusing to many as they may not posses the in-depth knowledge of individual crypto assets.

Kryptoin strives to push the evolution of the ETF by incorporating decentralized systems and Artificial Intelligence to create the best ETFs of the new economy.

ETF System:

Smart Contract ETF Tokens

Decentrally backed by a basket of the most popular cryptocurrencies.

Index Compositor

Cryptocurrency index funds are passive investment vehicles that are becoming increasingly popular. The expanding crypto asset market will require sectors within it to be represented and tracked. Our Index Compositor allows us to slice and dice the market into meaningful segments that help you make the right decisions.

Creation Unit Compositor

Creation units are often referred to as the 'secret sauce' of ETFs. Creation Units can be assembled and the Net Asset Value can be quoted throughout the system for exchange at the trading desk or on a participating exchange.

Create and Redeem ETF Tokens

Trading desks can create or redeem tokens with the issuer and the exchanges.

Liquidity Trading Desks

Trading desks perform the function of providing liquidity to the market directly or on the exchange by capitalizing on premiums and discounts on NAV.

Decentralized Assets Under Management

Assets in the AUM are held in trust and managed according to their smart contracts. The process is transparent and your ETF tokens are guaranteed.

The purpose of the KRP Token sale is to seed the ETF ecosystem and place funds under management for the Kryptoin Blockchain 10. KRP will be traded globally having secured listing agreements with multiple exchanges. The Kryptoin Exchange Trading mechanism is set to change digital asset management.

Token and ICO information:

Token KRP

Platform Ethereum

Type ERC20

PreICO price 1 KRP = 0.10 ETH

Price in ICO 35.4408 USD

Tokens for sale1,078,825

Min. investment0.1 ETH

Accepting ETH

Distributed in ICO 60%

Soft cap 28557 ETH

Hard cap 114311 ETH

At the end of the token sale if there is deemed to be a shortfall from the discount in the auction. The AUM equity would be compensated from the 33% distribution of KRYP tokens to the Kryptoin Team. The equivalent amount of the Kryptoin Teams distribution will be sold on the market to buy the underlying and placed in the AUM for 1 year. This ensures that the teams incentives are aligned with the token sale participants and more importantly the AUM will back 100% of KRYP tokens in circulation.