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ICO Symmetry Fund

⭐ Finance

Ended
4.39 (2 ICO reviews)

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ICO «Symmetry Fund» Listed:

2017-12-01
Created by:

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ICO Description

Symmetry - The Safer Cryptocurrency Fund with a Monthly Dividend. The Symmetry fund has been designed to make it easy for individuals to invest in cryptocurrencies without all the effort, capital and risk involved with personal trading in the market. Symmetry Fund (SYMM) is offering investors the opportunity to gain exposure to the cryptocurrency market without the complexities of personally trading it themselves.

The SYMM crypto investment fund is managed by some of the financials world’s most experienced fund managers. Buyback option is always available and there are no discounts. One of the key benefits of investing in SYMM is the ability to have instant liquidity. Your SYMM shares can be freely traded giving you the ability to trade or sell part of or all your SYMM shares at any time.

Part of the Ethereum (ETH) blockchain, SYMM is an ERC20-compliant smart contract. The fund pays monthly dividends in ETH.

A single share in the investment fund represents one SYMM token. The investment fund trades and invests in ICOs and cryptocurrencies including Bitcoin, Ethereum, Ripple, Dash and Litecoin. Shareholders will have the ability to trade their tokens with peers based on market rates. This will allow shareholders to cash-out as the fund value increases over time, in conjunction with receiving a monthly ETH dividend.

To ensure the whole fund isn’t exposed at any time, SYMM will always hold a percentage of funds in a prudent reserve. Further risk mitigation will also be provided by applying weighted currency and signal risks to each currency in the SYMM investment portfolio (BTC, ETH, XRP, DASH and LTC). When not in a trade, SYMM’s funds will be kept in fat currencies (USD/EUR) so that the funds are not exposed to the volatility of blockchain assets. Keeping the fund’s exposure to blockchain assets to a minimum reduces the impact that large fluctuations in the value of cryptocurrencies may have on SYMM’s capital value.

To monitor the current reserves of the fund and the fund’s value, a self-certifcation system is included so shareholders can monitor their investment at any time. The fund’s self-certifcation will occur daily while monthly external audits will be conducted by the Big Four accounting frms. Performing daily self-certifcation of funds in conjunction with monthly external audits will ensure transparency and trust between SYMM fund managers and shareholders. Ensuring that investors will have input in the direction of SYMM is also an important part of the fund’s methodology and objectives. Shareholders will be able to vote on any decisions that affect the future direction of SYMM. Shareholder votes will occur on changes and developments such as proportion of the funds invested in ICOs and deciding which pairs will be traded.

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✅ ICO Symmetry Fund details

ICO Details

ICO «Symmetry Fund» ICO Start: 2018-02-10

ICO «Symmetry Fund» ICO End: 2018-04-10

ICO «Symmetry Fund» Symbol: SYMM

ICO «Symmetry Fund» Platform: ERC20

ICO Rating

Idea
4.50
ICO Team
5.00
ICO Advisors
4.00
Whitepaper
4.00
ICO Website
4.00
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