Quote from: miningnew on July 20, 2017, 05:05:22 PM

Would it be similar to Bitotal ?
What would be the main differences ?

Only similar in the fact that we both mention index.

I don't see that they would have a reserve or anything. I still need to read their whitepaper fully to be honest.

They will be constantly trading from what I see.

Buying IndexCoins would essentially be like buying 5 or more cryptocurrencies together.

Every IndexCoin will be fully backed with a reserve. Which you can redeem your token for to get your share of.

For instance, 1 IndexCoin could equal .01 BTC, .5LTC, .1 ETH, 100 XRP. etc...(purely hypothetical figures)

If you redeemed you token you would receive the amount of each currency just mentioned.

More info about IndexCoins with a full should be available this weekend.