[ANN][ITO] CRYPTO20, Your first autonomous, tokenised Index Fund.

[bakgwei]

Hello, I want to invest here but I don't understand how the team earn money ?
they get a part of coins + a part from their traiding ?

They get 13% from every dollar that is invested, as only 87 of tokens created are distributed. Plus, the price of the last week is 1,10$ for a token that is worth 1$. Plus there is a 0,5% management fee. Pretty good cut for them I reckon...

this is an interesting ideea. i think i will take the time to read the whitepaper and when the bounty program will go online i will probably be on it.

I think you might be too late - the token sale ends today, and after that no more tokens are sold, so your only chance will be to buy them on an exchange.

[matale0]

I'm in.

[stuffedcobalt]

Need Spanish translation?

[apercoin]

What about storing coins? Do you use cold storage? If yes, then there are signed proofs you of your cold storage funds? How do you manage risks of using exchanges for rebalancing?

[Chamberskob]

Not much chatter on here but pretty happy with the way my investment is going ATM, got in at .95 on pre-release. blue skies ahead.

[Chamberskob]

Hopefully they bring out an Iphone app soon to keep track of there progress, really like what they have done with their platform, nice and clean

[Makkara]

pretty impressive they got all those funds having this thread pretty much deserted   

[Veter2000]

The first payment of dividends on TRIA tokens is scheduled for February? So?

[amintek15]

hey when I connect to MEW I can see my tokens but can't see it on etherscan or ethplorer, you know why ?
thanks

[ImaCyborgButThatsOkay]

hi, how to buy/exchange crypto20? thanks!

[bakgwei]

They are not yet available on any exchange, and the ICO is closed. So you will have to wait - have a look at their website crypto20.com for more information.

[Chamberskob]

Hello, I want to invest here but I don't understand how the team earn money ?
they get a part of coins + a part from their traiding ?

They get 13% from every dollar that is invested, as only 87 of tokens created are distributed. Plus, the price of the last week is 1,10$ for a token that is worth 1$. Plus there is a 0,5% management fee. Pretty good cut for them I reckon...

Price is now $1.82 (i have almost doubled my money in a month) , also you will find that the fee of .05% is a hell of a lot cheaper than other managed index funds - normally you are looking at 2.5-4% for securities. Daniel explains it all well in his interview on this facebook page. https://www.facebook.com/cryptotwenty/

[K33plE4rn1Ng]

Hello, I want to invest here but I don't understand how the team earn money ?
they get a part of coins + a part from their traiding ?

They get 13% from every dollar that is invested, as only 87 of tokens created are distributed. Plus, the price of the last week is 1,10$ for a token that is worth 1$. Plus there is a 0,5% management fee. Pretty good cut for them I reckon...

Price is now $1.82 (i have almost doubled my money in a month) , also you will find that the fee of .05% is a hell of a lot cheaper than other managed index funds - normally you are looking at 2.5-4% for securities. Daniel explains it all well in his interview on this facebook page. https://www.facebook.com/cryptotwenty/

As no new token will be distributed anymore, how will the team earn money in 2018. Only with the management fee of 0.05%. The fund value is 80Mio$. With a management fee of 0.5% they will only earn 400,000$. That is not sustainable at least for paying the salary of the whole team.

What do you think?

[bakgwei]

I did the same calculation and came to the conclusion, that with the raising fund value (=assumption) plus the initial take from the ICO, in addition to the low cost of actually running a smart contract it seams feasible to me.

[K33plE4rn1Ng]

I invested in it already. I am just wondering whether I will increase the % of C20 in my portfolio as I already noticed that it outperforms a little bit compared to what I do.

[Chamberskob]

Hello, I want to invest here but I don't understand how the team earn money ?
they get a part of coins + a part from their traiding ?

They get 13% from every dollar that is invested, as only 87 of tokens created are distributed. Plus, the price of the last week is 1,10$ for a token that is worth 1$. Plus there is a 0,5% management fee. Pretty good cut for them I reckon...

Price is now $1.82 (i have almost doubled my money in a month) , also you will find that the fee of .05% is a hell of a lot cheaper than other managed index funds - normally you are looking at 2.5-4% for securities. Daniel explains it all well in his interview on this facebook page. https://www.facebook.com/cryptotwenty/

As no new token will be distributed anymore, how will the team earn money in 2018. Only with the management fee of 0.05%. The fund value is 80Mio$. With a management fee of 0.5% they will only earn 400,000$. That is not sustainable at least for paying the salary of the whole team.

What do you think?

Ummm correct me if I wrong but $80M X .05 = $4M not $400,000 ??

[bakgwei]

Hello, I want to invest here but I don't understand how the team earn money ?
they get a part of coins + a part from their traiding ?

They get 13% from every dollar that is invested, as only 87 of tokens created are distributed. Plus, the price of the last week is 1,10$ for a token that is worth 1$. Plus there is a 0,5% management fee. Pretty good cut for them I reckon...

Price is now $1.82 (i have almost doubled my money in a month) , also you will find that the fee of .05% is a hell of a lot cheaper than other managed index funds - normally you are looking at 2.5-4% for securities. Daniel explains it all well in his interview on this facebook page. https://www.facebook.com/cryptotwenty/

As no new token will be distributed anymore, how will the team earn money in 2018. Only with the management fee of 0.05%. The fund value is 80Mio$. With a management fee of 0.5% they will only earn 400,000$. That is not sustainable at least for paying the salary of the whole team.

What do you think?

Ummm correct me if I wrong but $80M X .05 = $4M not $400,000 ??

0,05 would be 5%, not 0,5%.

80.000.000 * 0,005 = 400.000

[K33plE4rn1Ng]

C20 is now 2.82 almost x3 in a short timeframe.

Apparently the team will probably create another fund.

I'll invest more next time once the platform 100% ready.

[luksbit]

I hope the platform is ready according to the roadmap, this amount reported on the website was the total collected at ICO?

[K33plE4rn1Ng]

Now the Token NAV is 3$ which means that they tripled the initial raised money.

The raised fund at the time of the ICO should have been something like 40Mio$.

Their performance patch is impressive. I wish them a lot of success.