What is Jar ETFCryptocurrencies are volatile and knowing which one to buy is tricky even for the most experienced investors. This stops many people from investing in the cryptocurrency world, since there isn’t any type of protection in investments. Jar ETF aims to reduce risks linked to investments on cryptocurrencies: by utilizing ETFs created by Jar ETF, anyone will be able to buy cryptocurrency at a relatively lower risk in an easy, safe and quick way.
How do ETFs work in Jar ETFEverything starts from the first ETF: every quarter a new ETF will be created with 25 new cryptocurrencies and it will substitute the former. The cryptocurrencies that make up the ETF are chosen at the beginning of every quarter: JAR token holders will vote which cryptocurrencies will make up the ETF. The more JAR tokens you hold, the more decision-making power you will have.
For this reason we will need 2 coins: JAR token and JTF token.
Jar ETF coinsJAR is the cryptocurrency sold during the Pre-ICO and ICO at 1$. It’s value is equal to the 0.00001% of the quarterly profit generated by our platform.
JTF is the cryptocurrency that will be utilized once the platform is completed and fully functional. Its value is equal to the combined price of the 25 cryptocurrencies that will make up the first ETF.
How Jar ETF generates revenueInvestors in ETFs developed by Jar ETF will have to pay a small tax on transactions. The value of a JAR token is 0.00001% of the quarterly profit generated by the Jar ETF platform. This means that the value of a JAR token depends on the volume of the transactions happening on our platform.
The new Jar ETF bonus ideaA big disadvantage of traditional ICOs is the bonus offered to early participants, as it’s often too high and ends up lowering the coin price. Jar ETF solves this problem by memorizing the addresses of early investors and granting them bonuses when they sell their tokens later on, instead of offering more coins for a lower price. This means that when a crowdsale participant sells his JAR tokens in the Jar ETF platform, he will get the current price as well as a bonus in ETH (Ether).
Jar ETF ICO & Pre-ICOThe total goal of ICO and Pre-ICO is 5 Million USD. During ICO and Pre-ICO JAR tokens will be sold at 1$ each, and a bonus will be memorized in our database and assigned to early investors. Investors willing to contribute with a very large sum can make arrangements with the Jar ETF team to personalize their bonus.
You’ll find more info about our project in the Whitepaper, we will release with the definitive version of our
website. If you have any questions feel free to contact us by mail at
info@jaretf.com, on our
Telegram group, or just reply to this post. And don’t forget to check our
Bounty Campaing.