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Showing 2 of 2 results by pietpeer
Re: [ICO=OPEN] CombiCoin: the cryptocurrency that is 100% asset backed by the top 30
The first six months of 2017 the top 30 grew with 1200%, in the same period Bitcoin grew with 200%. Explains why this project makes sense
Diversification of risks. Bitcoin, like other coins, also falls well, as it grows. 
Or do you mean something else?
No. What I'm trying to say is that the mentioned 30 coins are worth much more than bitcoin. You just need not stick to bitcoin. I think it is very sensible to diversification of risks
The 50% profit share between Triaconta and the TRIA token holder does seem to look a lot like a (high) performance/management fee or carried interest. So I'm not so sure whether you can state that no (implicit) fees/profits are paid to/withheld by Triaconta.
Do you mean that a high level of transparency for investors about all operations with coins and tokens is needed?That wasn't the exact point I was trying to make. If someone raises funds for an investment and claims certain things (such as 'there are no fees after you buy a Combicoin') that can seem to be at least open to debate, let's have that debate.
On the transparency point - especially for retail (consumer) investors like myself - transparency on how this coin works and e.g. how costs and profits are being distributed between Triaconta and the investors is indeed key.
Re: [ICO=OPEN] CombiCoin: the cryptocurrency that is 100% asset backed by the top 30
Could you list your competitors, and what distinguishes you from them?
I suppose, competitors are Iconomi, Taas, and some others. But they have a different idea and realization.Maybe, such a comparison would be useful, although I have no idea what the criteria for comparison can be. Can you tell the team what exactly interests you?
Iconomi is indeed a competitor. Major differences are that we are actively managing the assets to diversify the risks. Also we do not charge an entry,exit or management fee. We include the top 30, others have a more limited selection with a higher weight on BTC and ETH. CombiCoin diversifies evenly across the top 30.
To buy the top 30 yourself you will need to use multiple wallets and exchanges. With CombiCoin it is just one transaction.
The 50% profit share between Triaconta and the TRIA token holder does seem to look a lot like a (high) performance/management fee or carried interest. So I'm not so sure whether you can state that no (implicit) fees/profits are paid to/withheld by Triaconta.