Apis Token is the first tokenized hedge fund strategy, focused on algorithmic, signal based volatility trading strategy in the S&P 500 Options and VIX Futures markets, with a proven track record and a management team with over 15 years securities trading experience. It is built on the powerful Stellar network, which is the most efficient, fastest and secure block chain protocol currently availableThe strategy powering the Apis Token has returned 192% since January 2016.
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||| Built on Stellar ||| Fully Liquid: Instantly tradeable on Stellar Decentralized Exchange ||| Proven Track Record ||| No Minimum Investment ||| No Management or Incentive Fees ||| | US Investors Defer Tax Indefinitely |||
||| FAQ|||
What is the Apis Token?The Apis Token is the first tokenized hedge fund strategy, focused on an algorithmic, signal based volatility trading strategy, with a proven track record. The Apis Token is built on Stellar, the most efficient, secure and fastest blockchain protocol currently available.
How does the strategy generate profits?The strategy, managed by Apis Capital Management, focused on trading volatility in the S&P 500 Options and VIX Futures markets, taking advantages of psychological patterns identified through careful market analysis based on 15 years of trading experience. In general, the strategy sells volatility risk premium in VIX futures and equity risk premium in S&P 500 options, dynamically rotating between two complementary algorithms enabling it to maximize profits in multiple market scenarios, including down, up and sideways markets.
How long does the ICO run?The current pre-sale for the Apis Token run from June 1st to June 27th. Unlike a traditional ICO, funds invested into the Apis Token during the pre-sale will be immediately allocated to the strategy on July 1st, and the Apis Tokens for those investors issued at that time, enabling early investors to begin earning profits. Afte July 1st, we will move to the Phase I of the public sale.
What is the advantage of investing in pre-sale or ICO versus investing after?Investors in the pre-sale or "ICO" benefit from their investment earning profits earlier, and also benefit from a discounted initial offering price. The current ICO price is $1 USD for 1 APIS token, while the pre-sale discount is 10%, allowing investors to buy 1 APIS token at $0.90. As the token will continue increasing in value, future Apis Token investors will be forced to invest at higher and higher prices, having given up the earlier profits that early investors have received.
Why is investing in the Apis Token better than investing in the fund directly?While Apis Capital Management has accepted and will continue to accept direct investment into the ACM Market Neutral Volatility Strategy Fund as Limited Partners, investors can benefit from multiple advantages of investing in the Apis Token.
Investors will be able to have full liquidity of their Apis Token by being able to trade it peer to peer on the Stellar DEX (please note, purchase by or sale to US persons who are non-accredited investors is currently prohibited, Apis Token holders are responsible for following these rules)
There are no minimum investment requirements for Apis Token, whereas the ACM Fund is limited to $250,000 or more
The Apis Token benefits 100% from the profits generated by the strategy and is not subject to the 2% management fee and 20% incentive fee charge to ACM Fund LP investors. Investors benefit from compound interest, resulting in returns 350% higher over 10 years.
US investors holding Apis Tokens do not pay tax until they sell their tokens, unlike LP investors who must pay tax on profits every year even if they do not receive distributions from the fund. This can result in up to 300% higher return over 3 years.
Are there any restrictions for investing in Apis Tokens?The Apis Token is currently available for investment by US Accredited Investors and all foreign investors (except those in North Korea, Syria, Cuba and Iran), subject to KYC/AML verification.
How will the Apis Token increase in value?An investor holding an Apis Token has a right to redeem, at regularly scheduled intervals, their tokens for the pro-rata share of the Investment Balance Value . Investors can request their redemptions to be paid in $USD, BTC, ETH or XLM. As the underlying strategy earns profits, these are allocated to the Investment Balance, which grows, while the supply of tokens remains the same (because Apis Tokens are only issued when investment funds are received from investors).
For Example: If the Investment Balance is $10,000,000 and there are 1,000,000 Apis Tokens issued, each Apis Token is redeemable for $10 worth of BTC, ETH, XLM or USD. In the next month, if the strategy earns $500,000 in profits, the Investment Balance now has grown to $10,500,000 which now entitles every Apis Token holder to $10.50 per Apis Token. Where can I trade the Apis Token?Investors can trade the Apis Token anywhere they are legally permitted to. Currently, the Stellar Decentralized Exchange has listed the Apis Token and we expect others to soon.
Please note, purchase by or sale to US persons who are non-accredited investors is currently prohibited, Apis Token holders are responsible for following these rules) What does the Apis Token actually entitle me to?The Apis Token holder is entitled to redeem the Apis Token for the pro-rate share of the Investment Balance, which grows as the trading strategy generates profits.
How do I redeem my Apis Tokens?Investors are able to redeem Apis Tokens at regularly scheduled intervals (currently set at 12 months from initial issuance) by making a redemption request to Apis Capital Management not less than 30 days before they wish to redeem their tokens. The investor will then send the quantity of Apis Tokens they wish to redeem and specify the method of payment for their redemption. At the redemption date, the investors will receive the pro-rata share of the Investment Balance on that date.
What can I redeem my Apis Tokens for?Investors currently may redeem Apis Tokens for $USD, BTC, ETH and XLM, although additional currencies will likely be supported later.
Current Pricing: $1.00 per 1 APIS
Pricing as of September 1st will depend on the performance of the fund in August.