The minimum fundraising target was achieved mere hours into the pre-sale on October 7, 2017.
CRYPTO20 aims to make cryptocurrency investments more accessible and understandable for everyday investors. It functions as an index fund that actively maintains and adjusts a scientifically-backed portfolio consisting of the top 20 cryptocurrencies.
Please Note: This is a Press Release
Despite having access to extensive data, substantial capital, and numerous analysts, actively managed funds often struggle to outperform market indices. When they do outperform, hefty fees tend to cut into investor profits, sometimes leaving them worse off than if they had simply tracked the index.
With cryptocurrency prices on the rise, the value of the fund's assets per token has surpassed what each token is currently being sold for. During the pre-sale, investors managed to obtain crypto assets valued at $1.10 for every $0.95 invested per token.
The CRYPTO20 pre-sale has concluded, successfully securing support from over 2000 investors across 93 countries, raising a total of $5 million. The primary ICO is set to commence on October 16, 2017, at 18:00 GMT and will close on November 30 at 00:00 GMT.
Offering Value Right From the Start
The C20 token symbolizes an investor's stake in the CRYPTO20 fund, which reflects the cumulative worth of its cryptocurrency assets. Unlike several other options available today, CRYPTO20 is a completed product, not just a conceptual platform.
CRYPTO20 has introduced on-the-fly trading tools and insights available thanks to API integrations with eight different exchanges. These tools provide vital information regarding market slippage, optimal asset acquisition pricing, and exchange-based trading volumes. here Token holders of C20 have the flexibility to cash in on their corresponding share of crypto holdings through smart contracts. By positioning itself as a cryptocurrency, CRYPTO20 empowers investors to trade their tokens as they wish. Fully adhering to AML and KYC standards, the fund functions as a registered LLC based in the Cayman Islands, a well-known hub for financial funds.
The CRYPTO20 fund minimizes risk and volatility, often resulting in returns that historically exceed those of leading cryptocurrencies like Bitcoin.
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Discover more at https://www.crypto20.com .
Join the CRYPTO20 Slack Editor-in-Chief at Blockonomi and founder of UK-based Kooc Media. Promoter of open-source, blockchain tech, and a Free Internet.
