Among the seas of ICOs, you might found yourself lost when the profits are not consistent or didn't even reach your expectation in the first place. You would soon realized that, cryptocurrency is hard to observe, hard to profit consistently and highly dependent on luck, trends, hype etc., under such circumstances, it is actually safer if you could place your funds and leave it for professionals traders to trade for you.

Recently, the author came across a interesting project named Target Coin, a special Closed-end fund built on built on Ethereum Smart Contact in which they claimed to - offer continuous return to the investor every quarter. The scheme resembles real world hedge funds and comes with fair amount of advantages.

How does it work?

The project is a close-end fund (CEF), if you are not familiar with the term, it basically means funds you invested for the owner are used to invest in other ICO related project. The generic strategy for the team is to hedge market risks by building both long and short position to gain from the volatile cryptocurrency market, and the profits are expected to be converted in USDT, a kind of cyrpto backed by real world USD currency.

Perks of TGTcoin holder:

1. 85% of profit made would used to buy back/burn TGTCoin PER QUARTER which reduce the circulating supply. Hence, price of TGTCoin would certainly increase in which profits are made through exchanges.

2. A GUARANTEE amount of bonuses (minimum 0.75%) would be paid to ICO investors PER QUARTER, safeguarding any risks associated and with more shares comes bigger returns as well.

Furthermore, the team had plans to release TargetX as well, an in-house intelligent system used for investors to get a clear, real-timed view regarding data, intelligent briefing, trade signals and research articles to further enhance the experience of investor within the platform.

You can access their whitepaper here for a comprehensive view of this project.

Market Analysis

It is not doubt that investing cryptocurrencies could be highly rewarding, surpassing even global equities, real estates and currencies (Forex). Under the right circumstances, an 100% return per month is possible if we looking at the growing market capitalization of $40 to $150 billion in just few months.

With the project claims that uses Machine Learning, Technical Analysis and Big data to trade, it is interesting to see how they would grow using these tools as cryptocurrency exchanges nowadays are filled with trading bots, and these trading bots are PROVED to be profitable if configured using strategies developed using market learning algorithms.

ICO Details

Target Coin is having its on-going ICO that ends at 31 Aug 2017, 10% of the total fund would be used for operational means, and the rest 90% would be allocated in a the portfolio which the team would used to profit.

The total supply of TGTCoin would be exactly 2 billion, and this ICO sells 1.34 billion of it with the price of ETH 0.000133 ( USD $0.04) per unit. 260 million are reserved for the management team, and 400 million for pre-ICO investors

Bonus structure

Investors with contribution over 5 ETH would be eligible to enjoy bonuses below:

To learn more about the project, visit:

Official Website
Bitcointalk Forum
White Paper
Presentation
Facebook
Twitter
Telegram

Good luck and happy investing!

Regards, Wayne Chong

waynechong1995 - Bitcointalk profile link
ETH address: 0xab70378E08Ea1363447a5466771e2d3561af6245