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ICO The Fortune Fund

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  • Start: 2018-Aug-14
  • Finish: 2018-Nov-11
  • Ticker: FUN
  • Platform: Ethereum
Listed: 26 June 2018
Member from: 25 June 2018

ICO The Fortune Fund Description:

THE FORTUNE FUND is a self-reliant cryptocurrency-only portfolio composed by using a hybrid managed and index strategy. The token sale funding will be used to buy the underlying cryptocurrency assets, and THE FORTUNE FUND will hold the pinnacle 20 cryptocurrencies using market capitalization (index) and holding 40 altcoins and ICO's (managed). THE FORTUNE FUND cuts out the intermediary, the platform, and is, therefore, able to offer appreciably decrease charges. Index price range has always overwhelmed the average managed fund given that their inception.

THE FORTUNE FUND is not always a platform, it is a completely functioning product, and its token cost is not based totally on hypothesis however rather the product blessings and internet asset cost of the 60 underlying cryptocurrencies. There aren't any broking prices, recommendation charges or exit prices.

THE FORTUNE FUND’s application token is referred to as FUN. it can be traded at any time, holdings are fully obvious, and there aren't any legacy banking charges or high-priced fund managers. (FUN) Tokens are without delay tied to the underlying belongings with a singular liquidation alternative that may be exercised via the clever contract. This characteristic ensures the best decrease certain (infimum) in the marketplace cost of all tokens.

THE FORTUNE FUND tokens gives you access to a diverse cryptocurrency portfolio via conserving an unmarried token. The tokens will be tradable on alternate submit-ICO, and no further tokens will be issued. The top 20 cryptocurrencies by way of marketplace capitalization plus 40 altcoin and ICO's cryptocurrencies, and so will THE FORTUNE FUND’s holdings. This rebalancing manner lets in for tracking of the cryptocurrency marketplace index and is an effective hazard mitigation approach.

 

 

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