ETF Universal (ETFU)
ETF Universal is an exchange traded-fund universal cryptocurrency using blockchain technology
ETF Universal offers secure underwritten assets and decentralized peer-to-peer exchange. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. Most ETFs track an index, such as a stock index or bond index. ETFs may be attractive as investments because of their low costs, tax efficiency, and stock-like features by 2013, ETFs had become the most popular type of exchange-traded product. ETFs are similar in many ways to traditional mutual funds, except that shares in an ETF can be bought and sold throughout the day like stocks on a stock exchange through a broker-dealer. Unlike traditional mutual funds, ETFs do not sell or redeem their individual shares at net asset value (NAV). Instead, financial institutions purchase and redeem ETF shares directly from the ETF, but only in large blocks (such as 50,000 shares), called creation units. ETF Universal will also offer such services as ETF Universal Consulting, ETF Universal Planning and Cryptocurrency Education Programs.
|ICO start date||01 Jul 2018|
|ICO end date||31 Jul 2018|
|ICO token supply||200,000|
|Additional Token Emission||No|
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