Decentralized ETF Systems
- ICO start: 1. Sep 2018
- ICO end: 1. Mar 2019
Technology: Ethereum blockchain
Kryptoin ETf’s ICO Short Review
The Kryptoin ETF System is a patent-pending platform that enables a digital token to be exchange-traded with a basket of cryptocurrencies that represents any index or sector. The ETF application integrates with any blockchain to enable that cryptocurrency to be included in the exchange trade. All ETF tokens are inherently asset-backed. The smart contract is utilized to bind specific requirements of the in-kind exchange creating a decentralized asset management system. Kryptoin ETF Tokens behave like traditional ETFs found on a stock exchange but the underlying assets are digital currencies. They are exchange traded by a Kryptoin Trading Desk and can be liquidated on a digital exchange. ETFs tokens can be assembled to track any index or benchmark of any sector or niche market globally. The goal of the system is to create an ETF token system that will allow users, whom we anticipate will be global asset managers and Individuals, to utilize ETF tokens to track indices to fit their specific investment objectives and preferences.