Introduction
When there is introduction of Blockchain technology will take place, then there are thousands of new cryptocurrencies will be created and listed on the exchange and they all make promise to eliminate the real risk in the life of business. But as we know many cryptocurrencies/ICO projects facilitates best features, concentrate on real life risk or problems, but they don’t provide something unique or attractive, despite of that they are only like some existing ICO project. You can see for there are too much example of it, in the crypto space.
Whereas, the traditional participant and institutional user, who could provide the unique and quick transfer of traditional assets off-chain are stay away from participating because of the financial capability which is notably minimum, market volatility and a lack of reliability. Todays world actually needs what, that is attractive, easy to use, unique, innovative and which provide something extra features which will most beneficial for participants in real time. The incredible revolution of cryptocurrency which is decentralized, is now transforming our life by eliminating the need of intermediaries, middleman service providers, settlements across a huge network of industrial sectors.
Because of the extreme capabilities of this innovative system of crypto currency have led to its explosively booming acceptance and utilization amongst the individuals/participants and new start-ups while set up a new projects. Today’s crypto currency exchanges destroys the big roadblocks I.e. identity verification and security concerns etc. To know the real and true efficiency of the emerging crypto currency, there is extreme need of the time is a robust system to rise the the potential of Blockchain technology, when it combine with fiat currency based businesses and maintaining perfectness, simplicity and affordability. Today I am going to explain you about one interesting crypto-currency namely CRYPTO20. Then let’s have a look on that;
About CRYPTO20
CRYPTO20 is an innovative and autonomous cryptocurrency. CRYPTO20 crypto is first ever portfolio created by using an index strategic planning. The fund which is gathered through token sale will be utilized to purchase the main cryptocurrency assets. Top 20 cryptocurrencies by market capitalization index will hold by CRYPTO20 token. CRYPTO20 eliminate the intermediaries on the platform thus this will able to facilitate lowest charges. Since the inception of index funds have been continuously compete with the average managed fund.
C20 token is an ERC20 token which is based upon the blockchain of Ethereum. All investors of this blockchain tokens will able to operate and access globally trading for 24/7, reliability and transparency, no banking charges, public verification and analysis of CRYPTO20’s holdings.
CRYPTO20 token allows to access for a several cryptocurrency portfolio by investing in a single token. On the post ICO all tokens will be tradable on the exchange and there is no any more tokens will be issued after that. As per the market capitalization, top 20 cryptocurrencies will change, therefore it will affect on CRYPTO20’s holdings. This process of rebalancing will enables everyone to track the index of cryptocurrency market therefore it is an effective problem minimization strategy of CRYPTO20.
C20 token will be traded at any time of a period, there are no banking fees will charged, all holdings are fully reliable and transparent or no any expensive fund managers. C20 tokens are tied the underlying assets with a novel liquidation option directly that can be studied through the smart contract.
Roadmap
Jan 2017-Apr 2017
Primary Research and Development
First maintaining the good team and develop the concept after conducted whole backtests to describe the fund hyper parameters and also set wheels towards creating a compliant legal structure.
Apr-jun 2017
Develop Smart Contract & Autonomous Trading System
Design and established revolutionize CRYPTO20 smart contract to give best features to practice and also dmaintain back-end for multi-exchange trading.
Jun2017-July2017
Finalize Smart Contract & Trading Protocol
For verified statement complete a smart contract. Optimized and autonomous index trading algorithm to minimize the slippage and front-running . Also consult with expert industry advisors.
Jul2017-Sept2017
The Test Trading System and Security Audit then start security audit and process of code review.
16 Sept 2017
CRYPTO20 Public Launch
Going publicly and then start public relations and marketing. CRYPTO20 token pre-sale on 7 Oct 2017.
7th Oct2017-14th Oct 2017
C20 Token Pre-Sale
Bonus is about 5% will be facilitate to participant to participating in the pre-sale.
16th Oct-30th Nov.
C20 Token ICO
CRPTO20 token minted and issued to participants/investors.
1st Dec 2017 - 14th Jan 2018
Top 20 Initial Coin Acquisition,The Investor Relations and the On-going Marketing & The First Rebalancing Process.
The initial coin will hold for acquisition, the final sheet fund and the reporting the final structures which is released to the retail participants. First fund rebalance is monitored and performed.
Before 14th Jan 2018
Public Audit of ICO Funds
4 Big Accounting Firms for audit and release verifying statement to the holdings.
15th -Jan-2018
Launch on Public Exchange, Regular Fund Operation, Data Collection:
C20 Token is listed on exchange for trading. The information will be collected from the different exchanges such as volumes, order etc. which will be differentiated. After 6 months of promotion and operation, most of the information was collected which will be utilized to develop future crypto product and gather the fund which consist of AI-managed funds. All CRYPTO20 ICO investors will have priority into these limited cap funds.
About C20 Tokens
Token Type==ERC20, Ethereum Blockchain
Maximum Supply Hard Cap== 86 206 896
Available for Buying== 75 000 000
Minimum ICO Contribution==0.04 ETH
Minimum Raise==$2 000 000
CRYPTO20 Token Price
Pre-sale is of 1 Week, up to 7 500 000 tokens==$0.95
Pre-sale for first 48 hours of ICO== $1.00
48 hrs till Week 4 of ICO== $1.05
4-6 week of ICO==$1.10
Conclusion
All cryptocurrency markets have their volatile nature. With investing on CRYPTO20, all participant can maintain the amazing returns previously facilitated by cryptocurrencies for minimizing the threats and make them simple to engage in it.
The CRYPTO20 token will facilitates a true solution in the sector of cryptocurrency, for the participants who feel overwhelmed by the research or analysis on concerned threats.
CRYPTO20 Team
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