Quote from: kajin on May 15, 2018, 04:17:51 AM

Quote from: poorgrammer on April 28, 2018, 05:57:05 PM

Quote from: kajin on April 22, 2018, 04:09:41 AM

Quote from: poorgrammer on April 22, 2018, 03:37:49 AM

Quote from: kajin on April 16, 2018, 10:34:30 PM

FIC Network is an upcoming ICO that's doing exactly what you are talking about. They are focusing on institutions (already have a product with a few clients) to create a fixed income market for crypto. I think it's great they are focusing on big players first before retail investors as I think this will help adoption, and is also in general a better marketing strategy.

why would institutions adopt FIC though? i don't see FIC well marketed or positioned with large players for real use

It depends on the institution, but adopting FIC would be faster, cheaper, and easier to audit.

could you expand on this please?

if the goal is to become the all-star one stop solution for global fixed income, wouldn't that in essence distrupt traditional mutual funds ? i see corporate adopters shying away from this as they are investment vehicles themselves

Mm, not quite. Existing mutual funds and other investment vehicle creators benefit from the platform since they can do the same thing on FIC Network. More efficiency in terms of speed, cost, and auditability.

thx for answering i will look into FIC it seems interesting to earn interest on top of your crypto assets

poorgrammer

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