Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] Taklimakan Network : Business Platform for Crypto Community
by
fijiral
on 03/06/2018, 03:01:44 UTC
Can you please describe the principle of asset and fund management?

One of the main goals of the platform is to securely connect traders with investors by allowing traders to manage invested funds. First, traders will be able to customize and publish crypto asset management offer on their personal page.
Once trader published their offer or multiple offers, investors will be able to find them on the Asset and Fund Management trader search page. If investors like a trading offer, they may choose to invest.
The investment process begins with acceptance of management offer. After the management offer is accepted, it becomes management agreement, an investor needs to transfer funds from investor wallet to the wallet that is controlled by the platform. Funds may be transferred within dates defined in management offer.

What will happen if the trust manager collects more or fewer funds than planned?

If the maximum cap is reached before the investment end date, the investment stage is closed and no more funds will be accepted. After investment dates close, investment evaluation happens: If the minimum cap is not reached, funds are returned to investors with no trader commission charged. If the minimal cap is reached, trader may begin trading operations at the trading start date. Some terms in management agreement are automatically enforced by the platform. For example “Cash in if portfolio drawback becomes greater than 10%.