Crypto20

Crypto20

Created using Figma
Created using Figma
CRYPTO20 is the worlds first cryptocurrency-only tokenized index fund, and aims to provide a solution to this problem. The portfolio will autonomously maintain a diverse portfolio of the top 20 cryptocurrencies by market capitalization in the same way that funds such as the Vanguard 500 maintain a portfolio based on the market capitilization of the top 500 publicly listed US companies (the S&P 500). In order to continue to track the market (index) over time, CRYPTO20’S asset portfolio is adjusted regularly in a process called rebalancing.
Token sale
Oct 16, 2017
Nov 30, 2017
100% completed
$38 222 081
cap
goal
50% goal completed
Goal 75 000 000 USD
Cap 86 206 896 USD
past
  • 1 ERC20
    =
    1.1 USD
Token pre-sale
Oct 7, 2017
Oct 14, 2017
100% completed
Raised funds - no Data
past
Token Details
Ticker
C20
Accepted Currencies
ETH
Company Details
Registered Country
Cayman Islands
Additional Details
Categories
Cryptocurrency

About Crypto20

A crypto index fund that will use the ICO funding to buy the underlying crypto assets. No broker fees, no exit fees, no minimum investment and full control over your assets. Full blockchain transparency.

Index Fund Performance
CRYPTO20 provides a way to track the performance of the crypto markets as a whole by holding a single crypto asset. Index funds have consistently beaten the average managed fund since their inception.

Ease & Simplicity
There are literally thousands of cryptocurrencies for investors to choose from. Choice paralyzes. Choice adds cost, complexity and the need for advice. CRYPTO20 eliminates this complexity for the new crypto investor.

HOW IT WORKS
We take what works from the old-world financial system and remove what doesn't.

  • 24/7 trading.
    Exchange your C20 tokens at any time. No exit fees - your investment is a token!
  • Lowest fees.
    Annual fees of only 0.5% p/a - much lower than the 3% offered in the market.
  • Autonomous.
    Index funds do not rely on expensive human managers for active trading.
  • Powered by Data Science.
    Fund hyperparameters are carefully determined.
  • Track the Index.
    Index funds have consistently beaten actively managed funds over the last 30 years.
  • Blockchain Transparency.
    Verify where fund coins are held and track value of underlying assets.

Features

A crypto index fund that will use the ICO funding to buy the underlying
crypto assets. No broker fees, no exit fees, no minimum investment and
full control over your assets. Full blockchain transparency.

CRYPTO20 provides a way to track the performance of the crypto
markets as a whole by holding a single crypto asset. Index funds have
consistently beaten the average managed fund since their inception.

There are literally thousands of cryptocurrencies for investors to choose
from. Choice paralyzes. Choice adds cost, complexity and the need for advice.
CRYPTO20 eliminates this complexity for the new crypto investor.

Technical Info

Technical details:  CRYPTO20 will be automated via API integration with multiple exchanges, possibly including but not limited to: Bitstamp, Bitfinex, BTer, Bittrex and Poloniex. The full list of exchanges utilized will be available on our website when trading begins. Additional exchanges will be added when vetted and APIs with the minimum sufficient functionality are made available. Ethereum erc20 standard token. The source code:  The code of the product is not available. Proof of developer:  Public team.

Crypto20 Roadmap

  • JAN - APR 2017

  • Initial Research and DevelopmentDeveloped the team and concept; conducted thorough backtests to determine fund hyperparameters; set wheels in motion to create a compliant legal structure.
  • APR - JUN 2017

  • Develop Smart Contract & Autonomous Trading SystemDeveloped innovative CRYPTO20 smart contract to best practice specifications; developed back-end for multi-exchange trading.
  • JUN - JUL 2017

  • Finalize Smart Contract & Trading ProtocolComplete smart contract to audit-ready state. Optimized autonomous index trading algorithm to mitigate front-running and slippage. Consultation with industry expert advisors.
  • JUL - SEP 2017

  • Test Trading System; Security AuditBegan security audit and code review process.
  • Read More
  • 16 SEP 2017

  • CRYPTO20 Public LaunchGo public! Begin marketing and public relations. Token presale on 7 Oct.
  • 7 OCT - 14 OCT 2017

  • C20 Token Pre-Sale5% Bonus will be given to investors participating in the pre-sale.
  • 16 OCT - 30 NOV

  • C20 Token ICOToken ICO. Tokens minted and issued to investors.
  • 1 DEC 2017 - 14 JAN 2018

  • Initial Top 20 Coin Acquisition; On-going Marketing & Investor Relations; First Rebalancing ProcedureInitial coin holdings acquired; final fund sheets and reporting structures released to retail investors. First fund rebalance is performed and monitored.
  • BEFORE 14 JAN

  • Public Audit of ICO FundsBig 4 Accounting Firm to audit and release statement verifying holdings.
  • 15 JAN 2018 - FUTURE

  • Public Launch on Exchange; Data Collection; Regular Fund OperationC20 Token is listed for trade on exchange. The data pulled from the multiple exchanges - order books, volumes etc. will be stored. After ~6 months of operation, the deep dataset collected will be used to inform future crypto product and fund development; incl. AI-managed funds by partner DataProphet. CRYPTO20 ICO participants will have priority acceptance into these very limited cap funds.

Activity

Posts:
91
LOW
Followers:
12 054
VERY HIGH
Likes:
11 153
VERY HIGH
Followers:
7 736
HIGH
Tweets:
592
VERY HIGH
30 Days Growth:
-471
Members:
822
LOW
30 Days Growth:
-23
Alexa
Rank:
340 897
MEDIUM
Delta:
57 917
Year commits:
35
Watchers:
58
Stars:
66
Forks:
30
Open issues:
1

Team

Verified 100%

Founder and CEO
verified
Co-Founder and data analyst
verified
Systems engineer and architecture
verified
Blockchain and smart contract engineer
verified
Statistical finance and data science
verified
Fund manager
verified
INTERNATIONAL LAW SECURITIES REGULATION GOVERNMENT...
verified
CONTRACT LAW DUE DILIGENCE CORPORATE LAW
verified

Advisors

Verified 100%

Advisor
verified
Advisor
verified
Advisor
verified
Advisor
verified
INTERNATIONAL LAW TAX ADVISORY GOVERNMENT COMPLIAN...
verified

Crypto20 Interviews

Is CRYPTO20 a platform?
No - 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.
How can I invest in CRYPTO20?
Please refer to our guide: How to invest.

After the ICO, you will need to purchase C20 tokens on an exchange to participate.
Where is CRYPTO20 incorporated?
CRYPTO20 has been established in the Cayman Islands jurisdiction. The Caymans are a popular international jurisdiction for the incorporation of investment funds.

The Cayman jurisdiction has seen a strong increase in private equity funds year on year over the past decade. The popularity of Cayman private equity funds has been fuelled by the increase in hedge fund managers growing into the private equity space and by the increased use of private equity funds to pursue distressed asset investments.

The Cayman limited liability company (LLC) was introduced last year as a flexible, tax-neutral low-cost fund vehicle with a corporate personality.

The LLC is a flexible structure ideally suited for use as a closed-end investment vehicle. In particular, one which seeks investment during a capital raising period (in our case, the ICO) and draws down periodically in order to fund investment opportunities and operating costs when they arise. The Cayman LLC was established under legislation that was drafted with the key terms of private equity vehicles in mind.

The registration, due diligence and reporting requirements which arise from this legislation is generally delegated to a private equity fund’s administrator. The procedures are closely aligned with existing anti-money laundering (AML/KYC) requirements to ensure that the use of Cayman vehicles for private equity structures remains a low cost option.
Will any more tokens be issued after the ICO?
There will be no token creation, minting or mining after the ICO period.
What is the advantage of participating in the ICO rather than just waiting until launch?
CRYPTO20 is a closed-cap fund. You could wait until exchange listing but then you are buying directly from other investors; why would they sell to you at a loss? If it was a regular ETF then you could possibly expect the fund to trade closer to the NAV price but since we are not selling any tokens directly the price is largely dictated by the market; but with the safety net of the NAV liquidation option providing a solid price floor. In addition, the 7.5% team allocation is vesting over two years; those tokens will not be in circulation.

Niche tech CEFs (in this case crypto) often trade at large premiums. Healthcare CEFs on the NASDAQ have traded at 50% premium to their NAV per share, for example.

As an added bonus, we will be offering various trading tools to ICO participants and first access to future funds with optimized hyperparameters built off the vast wealth of trading, order book, volume and price data generated by CRYPTO20 operation.

See our portal for a taste of what is to come!

Last News

$ 0.5050
-16.80%
Coin Stats
Daily, %:
-16.80%
Weekly, %:
-25.15%
Monthly, %:
-24.07%
Market Info
Market Cap:
$ 18.423 M
Volume 24h:
$ 21.508 K
Circ. Supply:
36.296 M C20
Ticker:
C20
ICO profit
X 0.9182
ICO Price~$0.5500
3.82
stable
5.0 11
ICO Profile Vision Activity Potential Product Team

Crypto20 Reviews

bitcoinexchangeguide.com
reviews

CRYPTO20 is part of an emerging trend of index funds for virtual currencies that have been launched over the last several years. The CRYPTO20 token C20 may help reduce the risks that investors fast with its highly liquid nature and could inspire confidence in investors to invest more funds.

Read More
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