Crypto20 (C20)

Crypto20 (C20) widget

ICO date: 14.10.2017 - 28.11.2017
Industry: Investment
Description:

Crypto20 is an autonomous cryptocurrency-only portfolio composed by utilizing an index strategy.

Features:

The Crypto20 initial tokens can only be acquired during the token offering process which is a one off, closed cap offering. The tokens provided will represent a participant’s share of the portfolio. 98% of the total amount contributed during the offering will go directly towards buying the underlying cryptocurrencies. C20 is an ERC20 token based upon the Ethereum blockchain.

The tokens value is linked directly to the 20 underlying cryptocurrency assets held by CRYPTO20 via the innovative price floor mechanism implemented in the smart contract. The smart contract allows participants to cash out for their share of the underlying assets at any time. Crypto20 allows for access to a diverse cryptocurrency portfolio by holding a single token. The tokens will be tradable on exchange post-ICO and no further tokens will be issued.

Crypto20 ICO participants will have priority acceptance into these very limited cap funds and C20 tokens will be transferable into these funds.

The Crypto20 backend runs as a cluster of containerized services using a thoroughly scalable and redundant architecture running on Kubernetes.

Crypto20 will be automated via API integration with multiple exchanges, possibly including but not limited to: Bitstamp, Bitfinex, BTer, Bittrex and Poloniex.

Crypto20 will operate on a quarterly reporting basis with annual accounts.

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.

Website: crypto20.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
High 3.0 / 5.0
Risk score
Medium

Post-ICO

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