ALTINDEX is the world's first token index fund. It tracks an own index similar to the Ibex 35 or the S & P 500, designed by experts and automated by the CRIX team (CRiptocurrency IndeX), an index designed for the cryptocurrency market and developed by the University of Humboldt and the University of Administration of Singapore.
ALTINDEX provides a way to track the performance of the ERC 20 tokens as a whole with only holding a single crypto asset, ADEX.
The blockchain technology and the hybrid fund offered by ALTINDEX allows operating with an annual fee of 0.5% compared to 3% offered in the conventional market.
A token index fund which will use ICO funds to buy the underlying tokenized assets, in other words, the best 20 tokens in the market in relation to capitalization and volume. No intermediary fees, no minimum investment, with just 1% of the exit fee and with total control over your assets.
Index fund yield
ALTINDEX provides a way to track the performance of encrypted markets as a whole by having a single asset (token). Indexed funds have consistently outperformed the average managed fund since its inception.
Ease and simplicity
There are literally thousands of tokens for investors to choose from. The choice paralyzes. The option adds cost, complexity and the need for advice. ALTINDEX eliminates this complexity for the new token investor. Tokens give us the opportunity to create the world again. So, why are we installing intermediaries and building inflated platforms? ALTINDEX deletes all third parties involved in taking “cuts” of returns from investors by directly addressing the final user as a token. No platform fees, no intermediary fees nor advisory fees.
ALTINDEX makes easy for anyone to obtain exposure to tokenized returns with a widely diversified risk.
ALTINDEX tokens are directly linked to the underlying assets with a single settlement option in the smart contract. This protects the price of the asset and ensures that it can never fall below the token part of the underlying assets. All the combined token market capitalization is only 0.5% of the S&P 500 capitalization. The fund will be strongly promoted to fixed investors and the only opportunity to buy these fund tokens will come from you: the ICO token holder. The index will maintain and weight the 20 best tokens based on Ethereum by market capitalization adjusted for inflation. The prices will be extracted from Bitfinex, Bitstamp, GDAX, Gamini, Kraken, Poloniex and Bittrex and will be weighted in such a way that any token exceeds 10% of the total value of the fund, thus preventing any token from dominating the portfolio and granting greater security for the investor. The fund will rebalance automatically every week.
|“||Sep - Oct 2017: Initial research and development.
Oct - Nov 2017: Smart contract development and trading system creation.
Nov - Dec 2017: Completion of the intelligent contract and the trading protocol.
Dec - Gen 2017 / 2018: Test of the trading system in order to ensure its correct functioning.
Mar 2018: Marketing pre ICO.
Mar 2018: Launch of the platform to the public.
Apr - May 2018: ADEX sale to the public.
May 2018: Initial acquisition of the 20 main tokens and first re-balancing procedure.
May - Jun 2018: Public audit of ICO funds.
Jun - Future: Continuous marketing and investor relations.
Future: Public launch in other exchanges.(Extra) Launch of special decentralized MasterCard for ADEX holders. Launching of new financial products under the ALTINDEX brand.
|Carles Vives||CEO Co-Founder||https://www.linkedin.com/in/carles-vives-958403157/||3.5|
|Sergi Nos||COO Co-Founder||https://www.linkedin.com/in/sergi-nos-garc%C3%ADa-0a050310a/||3.5|
|Alex Canto||Advisor Mineblocks||https://www.alt-index.com/#||3.5|
|Enrique Santos||Trading Analyst and Mathematical Physicist||https://www.alt-index.com/#||3.5|
|Vicent Nos||Advisor IT developer||https://www.linkedin.com/in/vicentn/||6.1|
|Sheila Mundo||Full stack developer||3.5|
|Manolo Cruzado||Front-end Developer||https://www.linkedin.com/in/manoloc1/||7.8|