Post
Topic
Board Project Development
Re: Looking for someone to found a cryptocurrency with
by
kittucrypt
on 29/01/2018, 21:59:17 UTC
I think I might have a good idea now.
So it would be an investing coin. Currently diversifying your portfolio requires you to buy many different coins, download many different wallets, and use many exchanges. What if it was 1 coin that you buy that would be based off of multiple coins. For example you could buy ethereum, bitcoin, stellar, neo or whatever coins you want, you would be able to choose and you would buy a combined token of them. That way it is more convenient to buy cryptocurrency and the combined coin would be less volatile and provide more steady returns.

What you're talking about is an Index holding of cryptocurrencies. I believe at least 2-4 businesses are already doing it. There is even a token for such an index too.