Crypto 20 is a blockchain based tokenized cryptocurrency index fund which allows users to invest in Top 20 cryptocurrencies project instead via a single crypto named Crypto 20. In order to provide peace of mind to investors and maximize their returns, this concept has turned into reality.
Crypto 20 is an index fund which holds and autonomously rebalances a data science demonstrated a portfolio of the top 20 cryptocurrencies, that means the cryptocurrencies will be ever changing as per market volatility and so are their returns.
Crypto 20 token is the representative of index funds which is comprised of Top 20 cryptocurrencies investment based on market ever-changing data. But this re-balancing of data is done once a week, so top 20 cryptocurrencies will change on weekly basis instead of daily. This actually provides great stability and healthy returns as well.
CRYPTO20 is a crypto-only index fund that autonomously tracks the top 20 cryptocurrencies in the same way the S&P 500 tracks the top 500 US company stocks. C20 is the fund’s token and represents an investor’s share in the fund. The smart contract allows users to withdraw the net asset value of the token instantly, or it can be freely traded on exchanges at any time, with no exit fees, broker fees or advisory fees. Data science was used with extensive backtesting over many rolling windows to determine the fund hyperparameters, asset weighting allocation and rebalancing periods. Holding the perfect, data science-driven proportions of the top 20 cryptocurrencies by market cap, with autonomous weekly rebalancing, is now possible by holding a single token.
Crypto 20 (C20) Token ICO Crowd Sale
Crypto 20 pre-ICO crowd sale has already concluded and the project received a total worth of $5 Million. The 2000 investors belonged to 93 countries. Now the ICO main crowd sale is open since 16th October 2017 and it will be concluded on 30th November 2017.
All the investment will be received in Bitcoin, Ethereum, and Litecoin. There is no need to subscribe the mailing list. One could directly join the ICO main crowd sale by visiting their official website.
Crypto 20 (C20) Token Statistics
Token Type: ERC20 — Ethereum Blockchain
Maximum Supply (Hard Cap): 86 206 896
Available for Purchase: 75 000 000
Minimum ICO Contribution: 0.04 ETH
Minimum Raise: $2 000 000
Price per token:
Pre-sale (1 Week, up to 7 500 000 tokens): $0.95
Pre-sale & first 48 hours of ICO: $1.00
48 hrs to Week 4 of ICO: $1.05
Week 4–6 of ICO: $1.10
Crypto 20 (C20) Token
Crypto 20 token is the in-built cryptocurrency of Crypto 20 index fund platform. Crypto 20 token is the very investment means in which the combined investment from various investors are accumulated and being invested in Top 20 cryptocurrency projects as per market data.
Token-holders have the ability to liquidate the C20 token to get the share of their underlying assets through the intelligent contract. By going directly to the end-user for a cryptocurrency itself, CRYPTO 20 gives traders the ability to sell or swap their holdings at will without any exit fees, no platform charges, and no broker fees.
These tokens will also be listed on various cryptocurrencies leading exchanges as soon as ICO crowd sale is concluded.
The main feature of this project is that it is already a finished project in existence and not a ‘work-in-progress’ project like many others out there in crypto verse. Crypto 20 platform will use 98% of ICO proceedings to get the inherent crypto assets as it already has completed its development phase.