CRYPTO20 (C20)
Crypto enthusiasts recently have been experiencing an explosion in cryptocurrency platform and tokens. Things don’t look like they will be slowing down very soon. There is a new kid on the block, the CRYPTO20. What is CRYPTO20? This is how they explain CRYPTO20 on their official website, “CRYPTO20 is not a platform. It is an autonomous, high-performance, low-cost cryptocurrency index fund. Development of the trading system is complete – CRYPTO20 offers value now, not at some point in the future. Diversification to the top 20 cryptocurrencies is now possible by holding a single token.”
The index fund has introduced trading insights and tools that are generated live for trades connected to the platform. The generation process is via an API. The trading insights and tools include advice on slippage, trading pair and best price. Everyone can use these insights to acquire assets.
What is the goal of CRYPTO20?
CRYPTO20 wants to bring the much-needed peace of mind to investors and cryptocurrency investments. The index funds hold and autonomously rebalances data science portfolio on the currencies.
The C20 token
The index funds use the C20 token as a representation of an investor’s shares. The fund’s value is also equivalent to the value of its assets. Unlike other offerings in the market, CRYPTO20 is a finished product and not a platform. Token holders can liquidate the C20 token and get the share of the assets through intelligent contract. The index fund gives traders the ability to swap or sell their holding at will. No platform, exit fees or broker fees are charged. The C20 will be listed on popular exchanges and the token will not be sold past the ICO.
About the CRYPTO20 team
CRYPTO20 was established in the Cayman Islands. The team is led by founder and CEO Daniel Schwartzkopff helped by a group of experienced team members. According to Daniel, “CRYPTO20 eliminates all the third parties involved in taking ‘cuts' of investor returns by going directly to the end-user as a token itself. No platform charges, no broker fees, no advice fees.”
Conclusion
CRYPTO20 is an index fund, a part of the emerging trend in the cryptocurrency and the blockchain world. The CRYPTO20 C20 token helps in reducing the risks involved when it comes to investments. Investors now have a faster way to enjoy the highly liquid nature, which inspires confidence in investors and offer them an opportunity and invest more funds.