Equal Weight Cryptocurrency Index Fund: Always Hold The Top15 Cryptocurrencies
IX15 is a tokenized equal weight cryptocurrency index fund. It invests in the top 15 cryptocurrencies (ranked by market cap), rebalanced every 30 days. The IX15 index fund is expressly designed to deliver outperformance against the wider cryptocurrency market with one SIMPLE yet LOW-COST investment, thanks to the funds equal weight smart beta strategy. Therefore, investors will no longer need to be concerned with multiple exchange accounts and wallet solutions, or with the time and effort involved in rebalancing a cryptocurrency portfolio on their own. Investors can liquidate their portfolio at any time via the smart contract. Using price data from the past 5.5 years, back-testing shows that IX15 significantly outperformed BTC, CRIX and the S&P in both a bull and bear market.
Start time:
2019-10-15 12:00:00
End time:
2019-10-22 11:59:00
Supply:
16170000 IX15
KYC:
Yes (mandatory)
So, you want for this project 16 million USD, nice, you never need to work again after this ico, what you going to do with unsold coins/tokens?
Also very important message
IMPORTANT LEGAL DISCLAIMER ACCESS TO PRODUCTS AND SERVICES DETAILED ON THIS WEBSITE MAY BE RESTRICTED FOR CERTAIN PERSONS OR COUNTRIES. YOU MAY NOT MAKE OR ACQUIRE AN IX15 TOKEN IF YOU ARE A CITIZEN, RESIDENT (TAX OR OTHERWISE) OR GREEN CARD HOLDER OF THE UNITED STATES OF AMERICA
You should get deeper into this. They will use 97% to fund their INDEX FUND, which token investors are buying. And those tokens value depends on performance of top 15 coins. Plus the best part - people can transform those tokens to ETH, anytime through the smart contract. So they only will hold 3% to ourselves to maintain operations. Also, as I know this is just the first product to create an audience for their company.
Legal disclaimer says : United States people can't invest into this. That's what all companies are doing to protect self from SEC.