CRYPTO20-Is Not A Platform,It Is A Fully Functioning Product
CRYPTO20
WHAT IS C20?
C20 is not only a online platform but it is a fully functioning product.
Yes the statement given above is true.So through this post of mine i would like to give more information about the same.
First of all lets have a look at the C20 definition.
CRYPTO20 can be defined as an autonomous, tokenized crypto-only index fund.
Here are some features-
-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 investor’s 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.
YES IT IS NOT A PLATFORM RATHER IT IS A FULLY FUNCTIONING PRODUCT
So here i will justify my statement how it is a functioning product.
CRYPTO20 is the worlds first cryptocurrency-only tokenizedindex fund, and aims to provide a solution to this problem.
Also the portfolio will autonomously maintain a diverse portfolio of the top20 cryptocurrencies by market capitalization in the same way that funds such as the Vanguard 500 maintain a portfolio based on the
market capitilization of the top 500 publicly listed US companies(the S&P 500).
In order to continue to track the market (index)
over time, CRYPTO20’S asset portfolio is adjusted regularly in aprocess called rebalancing.
CRYPTO20 is not a platform, it is a fully functioning product.
The one of the most important feature of CRYPTO20 is that it cuts out the middleman and is thus able to offer the lowest fees in the industry.
So it is the main reason for which the C20 is getting more and more importance now a days.
It is helping the investors to earn a huge profit now a days.
So the investors are rushing towards it so that they can get the actual value for their money.
LETS HAVE A LOOK AT THR TRADING STRATEGY OF CRYPTO20
For any company strategy is the most important factor for its popularity and future.
Everythinh depends on the strategy.
If the strategy is strong enough than the coin will survive in the crypto world otherwise it will loose all its value and will not be able to make profit to the investors.
So here is all about the strategy of the C20.
The S&P 500 is rebalanced quarterly and additions or
deletions are announced several days prior to the actual
change.
In most years 25 to 30 stocks in the S&P 500
are replaced .
Any funds tracking this index need to
rebalance their portfolios in accordance with these changes.
Some index funds trade the added or removed stocks in the days in the run-up to the change and some trade on the day of the change.
As of 07/31/2017, the bottom 10 stocks of the Vanguard
S&P 500 ETF are only approximately 0.063% of the
index value.
The market cap of the Vanguard fund is
$338.3 billion and the bottom 10 stocks are $213.8m
by market cap of the total fund.
These stocks have a combined average daily trading volume of $40.25m.
Front-running and purchasing of stocks is seemingly
a much greater problem for fiat index funds – of which
Vanguard is only one – and these funds only lose 20-28
basis points p/a (0.2 – 0.28 % per year) to front-runners.
So as you can see that the strategy of C20 is so much strong that it can withstand in any conditions.And the chances to the investors for getting profit have been increased at a very high rate.
So thats all for the day.I hope the poat was informative.
Hope you like it.