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Title: CryptoCurrency Token Funds Post by: IndexCoins on July 20, 2017, 05:01:33 PM If you could invest in one token that represented a reserve package of cryptocurrencies, would you do it?
What coins/tokens/assets would you like to see included in a cryptocurrency fund? Basically, IndexCoins intend to offer a token which will be available for purchase during a crowdsale. The funds raised from the crowdsale will be used to purchase the reserve currencies that are selected for that token. Reserve currencies can be stored for a long period of time or redeemed at any time. More info about IndexCoins will be coming soon. For now we would like some community input as to what cryptocurrencies the community would be interested in seeing included. Title: Re: CryptoCurrency Token Funds Post by: miningnew on July 20, 2017, 05:05:22 PM Would it be similar to Bitotal (https://bitcointalk.org/index.php?topic=2034108) ?
What would be the main differences ? Title: Re: CryptoCurrency Token Funds Post by: IndexCoins on July 20, 2017, 05:18:46 PM Would it be similar to Bitotal (https://bitcointalk.org/index.php?topic=2034108) ? What would be the main differences ? Only similar in the fact that we both mention index. I don't see that they would have a reserve or anything. I still need to read their whitepaper fully to be honest. They will be constantly trading from what I see. Buying IndexCoins would essentially be like buying 5 or more cryptocurrencies together. Every IndexCoin will be fully backed with a reserve. Which you can redeem your token for to get your share of. For instance, 1 IndexCoin could equal .01 BTC, .5LTC, .1 ETH, 100 XRP. etc...(purely hypothetical figures) If you redeemed you token you would receive the amount of each currency just mentioned. More info about IndexCoins with a full should be available this weekend. Title: Re: CryptoCurrency Token Funds Post by: IndexCoins on July 20, 2017, 06:12:14 PM We initially plan to offer 1 or 2 tokens. With a couple more packages in the pipeline.
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