Crypto Diversified aims to bring a decentralized autonomous diversification platform to the world through the use of smart contracts on the Ethereum network using the Bancor protocol to make relays. The smart tokens for each diversified token contract will serve as the utility token and mediator between the user and the tokens held in the smart contract.
http://www.cryptodiversifiedcontracts.com/Our first contract CDMED is released for Beta testing and is a medium diversified contract that swaps Ethereum sent to it for eight tokens evenly. The sender receives CDMED tokens back based on the amount of ETH sent compared to the value of the tokens already held in the contract and outstanding CDMED tokens in circulation. The CDMED tokens are utility tokens that give the user access to the tokens held in the contract. CDMED tokens can be traded providing liquidity or sent back to the contract and diversified tokens will be sent back to the user automatically based off of the tokens sent compared to the circulating supply. There is a .5% fee on ETH sent to the contract and tokens withdrawn from the contract.
CDMED ETHEREUM CONTRACT: 0x3ddd8C26d43F0f5DAEc19402865361aCEE4F87b8
https://etherscan.io/address/0x3ddd8c26d43f0f5daec19402865361acee4f87b8Here is a link to our Medium post with instructions on how to interact with the smart contracthttps://medium.com/@cryptodiversified/crypto-diversified-aims-to-bring-a-decentralized-autonomous-diversification-platform-to-the-world-8fdb0215bb10?source=linkShare-545d334bae4b-1527097720Future contracts will have various levels of diversity. The CDMED contract and other future developed contracts can be added to new contract profiles once CDMED and future developed contracts are added to the Bancor network to further diversify the new contracts. Future contracts in development also include diversifying based off of market conditions like market cap, volume and social media momentum.
