Blockchain summits - Zurich #4
The PHI -token is created to allow the company to realize a platform for hybrid investments. This platform is a social investing marketplace for professional asset managers that alloes the clients to invest in all the traditional assets and crypto related products.
I think they have a solid foundation especially since they have gathered a group of companies that formed the "DIAMAN" group, something like that. Truth be told I don't really care about them as much as I care about other stuff that might acctually change the world. This PHI is allright if you have a couple millions lying around and you're looking for something or rather someone new to make more cash with your cash.
Midas.social on the other hand is more my style. The build an App called Midas, it's a socio-financial network built for fund managment. You might see the correlation between PHI and Midas but let me tell you these Midas guys are going rogue. They are argentina flavor and what they want you to do is make your own fund or invest in a fund of a friend. Yes this is a regulatory nightmare which they want to solve with an easy solution. One can only take money out of his own fund as much as he invested in the first place. Why did I even mention that? because I was talking with the CEO about regulatory issues and he was like: "we won't have these problems" and I was like "you will face these problems"
In the end I think he just liked that someone else spoke spanish =)
I would definitly reccomend you to try the midas.social page because when they have their ICO in a year or something like that (TBD) you will find me at the front because thats a nice Idea even tough 95% have no fu00ing clue about asset managment and the tons of regulations against money laundring and governance issues that make your life hard.
Let me put EnergyPremier (https://energypremier.com/en/) here as well.
why?
because I have no interest to write about them.
Nice idea. gonna be a nightmare to implement that I guess. Not really informed about them.
DYOR
shit post out