Cycoin aims to provide new as well as established investors access to the cryptocurrency investment markets with a dependable and easy mechanism to hold a pool of cryptocurrencies which will deliver an income stream, without the headache of scouring through hours of research and manual investing.Our aim is to use tried and observably low risk investment strategies to simply deliver income reward to holders of Cycoin.
Cycoin is the first cryptocurrency offering true asset backing and complete democratic control to Cycoin holders over the crypto assets backing their Cycoin investment. Four Core strategies will be employed Margin LendingFor the first month, initially 100% of the fund (less the development reserve mentioned above), then thereafter, a minimum of 50% and up to 80% of the fund will be converted to crypto currencies and placed across a number of exchanges for the purpose of lending those currencies to traders on the exchanges to earn margin lending interest. Margin lending interest differs depending upon the currency and according to supply/demand disparity. They range from .02% per day to 5% per day.The Cycoin team will open funding wallets on major exchanges providing margin lending facilities to traders, such as Poloniex, Bitfinex and BitMEX.
With so many new cryptocurrencies emerging every day, it can be very time consuming to determine which coins are the real deal and which ones are not. Furthermore, once you've determined this, many of the good coins that have merit still have to face huge tasks in order to become a working reality. Its risky stuff. So rather than promising ridiculous potential future income and capital benefits that so many coins are trying and failing to do, we offer rational, understandable and real income deriving investment strategies. These investment strategies are conducted through established mechanisms already evident in the crypto markets. The funds that we raise will be invested into cryptocurrencies, meaning that your money won't be travelling anywhere other than as established in our funds criteria herein.
Cycoin is an asset backed coin, backed by the cryptocurrencies we purchase as we conduct Cycoin’s investment objectives. As detailed below (see Coin Democracy), Cycoin holders will receive voting power over the pool of cryptocurrencies. We will hold selected currencies that are established and real (usually in the top 100 by market cap) to conduct margin lending activities and take advantage of arbitrage opportunities that arise periodically in the crypto markets. We will also allocate a portion of the fund to invest in curated pre-ICO's and ICO's which will be carefully scrutinized and selected by the team and external professionals in the crypto markets.