Crypto20-Passes 12 Million For Autonomous Crypto Index Fund
C20
Yes C20 passed 12 million for the autonomous crypto fund.Its indeed a very big achievement for the team and all the investors.
Lets have a look at the reasons which made it so famous and successful.
CRYPTO20
As we all know that CRYPTO20 is an autonomous, tokenized crypto-only index fund.
And It tracks the top 20 cryptocurrencies in the same way the S&P500 tracks the top 500 US stocks.
Also 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.
And 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.
The problem CRYPTO20 solves: letting users diversify crypto holdings with unprecedented ease
Indeed, diversifying in crypto can be a labyrinthine task for both novices and veterans alike. Shy of holding investments in a hardware wallet or exchange, many users have to contend with a disorganized slew of wallets that can get downright chaotic.
Mainstream users who are interested in crypto but haven’t passed the learning curve certainly won’t want to go through the trouble of simultaneously opening up a Bitcoin wallet, an Ethereum wallet, a Lisk wallet, and so forth.
Investing in a wide array of cryptos will need to become easy in order for the space to reallytake off and start exploding in overall market capitalization.
The team’s ICO is ongoing, running from October 16th until November 30th.
The total supply cap of CRYPTO20 tokens (C20) will be 86,206,896, with 75,000,000 of these tokens being available during the ICO.
Protocol: ERC-20
Token rate without bonus: 1 C20 = $1.10
Emission rate: 0 new tokens to be minted post-ICO
ICO fund use: 2% towards operations; 98% toward buying top 20 digital assets
CRYPTO20 is a Cryptocurrency Index Fund that will use the token sale funding to buy the underlying crypto assets. No broker fees, no exit fees, no minimum investment and full control over your assets. Full blockchain transparency.
WEBSITE: www.crypto20.com
TWITTER:www.twitter.com/CRYPTOtwenty
CONTACT: [email protected]
The goal is to bring peace-of-mind cryptocurrency investment to the mainstream investors. It is an index fund that holds and autonomously rebalances the data science to optimize a portfolio of the top 20 cryptocurrencies. The fund has recently surpassed the $10m milestone in its ongoing token sales.
Reasons why CRYPTO20 is so attractive
If you invested $5,000 into C20 back on June 1, 2016, you’d have approximately $139k now—an astounding 2600% gain. Dump the same into Bitcoin back then, and you’d have 680% gains. Not bad, yet nowhere near as good.
That’s the all-in-one power CRYPTO20 brings to the table.
There’s no need to slave over trying to discover the inscrutable: which top 20 crypto is going to do best on any given day. CRYPTO20 takes care of that for you, making it so you only need 1 wallet with 1 type of token to get the best of all worlds.
Also, with 98% of the funds raised during the team’s ICO going to go toward the project’s initial top 20 coin acquisition, there’s no fluff or fat being greedily skimmed off the top like othernotable token projects in the space have been prone to doing.
No contribution minimums with C20. No advice fees, no exit fees. Just the 20 best cryptos working for you, easily, 24/7.