Bitcoin Forum

So i've recently ran into Crypto20 but i have an issue with this new 'Token'.

If you haven't heard of it, quick breakdown:
1. It's the first 'tokenized cryptocurrency index fund'
2. Its a hybrid portfolio trading with an index strategy that tracks the top 20 cryptocurrencies by market cap
3. only 75 million are created, once ICO closes any Tokens left over will be burned (meaning no more are created ever)
4. To Learn more check it out here: https://crypto20.com/en/ (https://crypto20.com/en/) (ICO is still going on!)

Crytpo20 seems like a gift from the cryptogods for people who appreciate long term gains & holds vs pump n' dumps, like i do.

... BUT here is my issue. For those who live in *certain countries; that is USA, Cayman Islands or South Africa,
we are excluded from participation and investment in the ICO and
from what i understand investing in that token ever.(i may be wrong about ever)
Super LAME man  >:(

So I want to know if any of the lovely members on this wonderful forum heard word of any similar ICO's
or maybe a cryptocurrency already on the market performing like an index fund?

*if i don't find one soon, i'll just have to make it myself  ;)

Hi there,

Use a VPN and you will be able to buy the tokens you desire

I would strongly suggest not to use VPNs etc to circumvent legal requirements relating to investment laws. This can bring about all sorts of problems you dont want to have! There are many opportunities out there for altcoin investments; if this one is not legally available in your country I woulndt take any chances and rather look elsewhere.

Good advice but when did being honest ever get you anywhere

Tell you what. There is a decentralized verison of this on the BTS blockchain and i believe you should probably look into it. It's Bit20 and has been around longer than crypto20, and has absolutely no country restrictions.

I suggest you check them out if you're interested. However honestly for a long term investor you should hold all of these coins yourself, in a safe wallet, instead of trusting someone else to do it for you.

Here's the link to coinmarketcap: https://coinmarketcap.com/currencies/bit20/

Wrong mindset, bro.
Patience, discipline.

Beeing dishonest is not sustainable. Any gains originating from dishonesty will hunt you somewhere in the future.

That beeing said, I despise some of the government regulations for cryptocurrency. Short-sighted and ill-adviced.

The concept is similar to iconomi.

However, I am not sure it’s such a great idea. There is absolutely no reason for a crypto index fund. The average joe can buy into crypto with a tiny amount, unlike lots of stocks. Because of volatility rebalancing the portfolio will be frequent and thus very expensive. Finally, why don’t you just split your money into the top 25 by market cap and save yourself the management fee?

I believe US investors can legally purchase these coins once they hit a regular exchange, but no doubt there will be a significant price premium over the ICO.

If the ICO is banned in your country then i would strongly go against participating in it.

Why not just build your own crypto portfolio and hold it? It's really as simple as depositing your bitcoin onto an exchange and holding a balance there if you were going to trust other people to hold your cryptos for you anyways.

And plus you can customize this to your own risk appetite, you don't need to follow crypto20 team's.

but this can lead to things that smell criminalisme.saya never do this but from the site say '' you use vpn and this is often used by the criminals '', and I can not access the purchase of coin itself. what you can also provide a solution to this problem?