Over the past year, there have been numerous ICO come out, it’s becoming a larger and larger market, with people coming on the scene to make some “quick Bucks” offering what can only be considered **** Coins.
It can therefore become difficult to find those true Gems that are about to be released, but look no further, one has shot to the forefront of many in my eyes.
Monkey Capital, a Decentralised hedge fund.
Think of this as a decentralised stock portfolio, the basis behind this is that you invest in tokens, in the case of this project, called MNY - the capital raised from these tokens is then spent on various portfolios of both stocks, and other assets. As profits come back into the company, you, as a holder of these tokens, will receive a dividend based on these profits payable in a form of there own currency called "COEVAL".
Paying in there own coin, I hear you ask, how does that add value?
Well, the clever people at Monkey Capital have only created 49,000 of these Coeval. This means that as it gets nearer to Divident payment time, the company will need to start purchasing these coins back off exchanges to pay there MNY token holders. This means the price will significantly rise, and you will be able to sell your Coeval back to the company for some big profits if you can wait until one of these dividend payment periods.
A look at the companies’ whitepaper will show you something like this:
https://www.monkey.capital/docs/MC_Whitepaper.pdf
This means that holding the MNY tokens will allow you a share of 10% of all the revenues that the company makes, on top of this, if you hold onto you MNY tokens, you will also receive 50% of the income earned from activities from the “Child” tokens that will be produced later along the line.
These Child tokens can be seen as Investment pots, each targeting a different market segment, and all rolled up under the MNY token umbrella, further increasing the worth of the parent token.
For example - if you say that each of the three child tokens make $20m profit over a year, the total profits will be $60,000,000.
50% of this ($30,000,000) will be issued out to the holders of MNY tokens.
There are 1 Billion MNY tokens in existence, never more.
This means that for each token you hold, you are entitled to $30,000,000/1,000,000,000 = $0.03.
If you are a lucky person who holds a COEVAL at the end of the ICO, and recieve 10,000 MNY tokens, in the above example, that would mean a dividend payment of a whopping $300! (See why COEVAL will have value now?)
The figures used are examples, but I believe these profits can be met if the company keeps growing at the rate that it has for the past few weeks.
This gives you multiple dividend streams from each of their portfolios, all flowing up through the MNY token.
The team is led by three gurus in their respective fields, having the knowledge of the hedge fund industry as well as the blockchain industry makes this management team a very positive one to have faith in, you can research each of them and see the work that their companies have accomplished over the years.
If you are one who likes to be social in the Cryptocurrency space, there is already a large community arising of members who support and have faith in the product that is on offer, a quick search on Bitcointalk will lead you to their ICO announcements as well as the Slack channel which already has over 800 users at the time of writing this.
POLL: Write below what you believe MNY tokens will be worth by the end of September, let’s see who can get the closest.
Please do not use my work without asking:
https://bitcointalk.org/index.php?action=profile;u=1052868
To get more information, please check out their website in the link below – the ICO will go live on the 8th of August so get ready to buy up some MNY and watch their value soar over the coming months.
https://www.monkey.capital/