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.
THE KRYPTOIN ETF System
Smart Contract ETF Tokens
Decentrally backed by a basket of the most popular cryptocurrencies.
Index Compositor
Cryptocurrency index funds are passive investment vehicles that are becoming increasingly popular. The expanding crypto asset market will require sectors within it to be represented and tracked. Our Index Compositor allows us to slice and dice the market into meaningful segments that help you make the right decisions.
Creation Unit Compositor
Creation units are often referred to as the 'secret sauce' of ETFs. Creation Units can be assembled and the Net Asset Value can be quoted throughout the system for exchange at the trading desk or on a participating exchange.
Create and Redeem ETF Tokens
Trading desks can create or redeem tokens with the issuer and the exchanges.
Liquidity Trading Desks
Trading desks perform the function of providing liquidity to the market directly or on the exchange by capitalizing on premiums and discounts on NAV.
Decentralized Assets Under Management
Assets in the AUM are held in trust and managed according to their smart contracts. The process is transparent and your ETF tokens are guaranteed.
The Token Sale Process Kryptoin will hold a Initial Token Offering in the form of a Dutch Auction. This token sale event will issue Ethereum ERC20-compliant tokens to registered participants according to the ‘Kryptoin Distribution Document’. The sale process will be executed by the Smart Contract. The details of the smart contract can be found in GitHUB and the smart contract audit has been performed by security auditor Coin Mercenary.
Participants in the auction that send Ethereum to this contract address and are considered winning bidders will receive KRP tokens into their Ethereum walletfollowing the aforementioned stages of the Tokens Sale Schedule below.
KRP Token Sale Schedule by Dutch Auction
Total Fixed amount of KRP = 1,798,043
Total amount of KRP to be auctioned = 1,078,825
Total KRP to be distributed through all 6 rounds will be 1,078,826.24 or 60% of the total Funding goal is 114,311 ETH.
Total amount of KRP to be auctioned = 1,078,825
Total KRP to be distributed through all 6 rounds will be 1,078,826.24 or 60% of the total Funding goal is 114,311 ETH.
Distribution of Tokens
WHAT WILL IT DO
Producing the worlds best ETF tokens and indexes. Giving Issuers the ability create custom indexes and launch their own ETF tokens. Utlized to suit their hedging needs.
SOLVING HEDGING ISSUES
The current world of ETF managers only have access to the tools available on the traditional stock markets and futures markets. Direct hedging and ETF functions on the crypto exchanges will solve that.
$5 TRILLION DOLLARS
According to ETFG.com net inflows of money into ETFs in January of 2018 were a staggering $5 Trillion. Today the global ETF industry has 7366 ETFs with $4.969 Trillion in Assets from 373 providers on 70 exchanges. Since 2004 ETFs have had asset growth of an average of 18.9% yearly and have experienced 10 years of consecutive gains. They are considered to be greatest financial invention ever and are projected to have over $8.9 trillion in assets by 2020.
THE KRYPTOIN Megawallet Development
Future support for over 100+ cryptocurrencies to assemble any creation unit or index.
AUM AND ASSET CONTROL
Create and redeem your token with your trading desks control all the coins under management a choice of different token technology from ERC20 to waves.
TRADING DESKS & AUTHORIZED PARTICIPANTS
Assign liquidity partners designate authorized participants arbitrage the token values across exchanges and with the basket.
API INTEGRATIONS
Fully integrated with Bittrex discover nav accross multiple exchanges trade arbitrage.
Product Timeline and Roadmap
The Team Success
Donnie Kim - Founder and CEO
Surendra Kumar - Senior Platform Engineer
Vineet Tyagi - Senior Blockchain Engineer
Jim Hong - Analyst and Advisor
Eojin Lim - Marketing and PR Director
Anthony Licausi - Investment Banker and Advisor
Jason Toussaint - ETFs and Indicies Advisor formerly the CEO of SPDR Gold Fund GLD
Tariq Ali Asghar - Chief Investment Officer
Surendra Kumar - Senior Platform Engineer
Vineet Tyagi - Senior Blockchain Engineer
Jim Hong - Analyst and Advisor
Eojin Lim - Marketing and PR Director
Anthony Licausi - Investment Banker and Advisor
Jason Toussaint - ETFs and Indicies Advisor formerly the CEO of SPDR Gold Fund GLD
Tariq Ali Asghar - Chief Investment Officer
Kryptoin is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.
Think business is pretty fantastic. It attracts people regularly.
Experienced and skilled cooperation is difficult to achieve.
We can build the ability to achieve goals.
More Information Visit The Kryptoin Link:
WEBSITE : https://kryptoin.io/
WHITEPAPER : https://kryptoin.io/whitepaper
ANN THREAD : https://bitcointalk.org/index.php?topic=3914897.0
TELEGRAM : https://t.me/kryptoinETFs
TWITTER : https://twitter.com/@kryptoinETF
FACEBOOK : https://www.facebook.com/kryptoin
YOUTUBE :
WHITEPAPER : https://kryptoin.io/whitepaper
ANN THREAD : https://bitcointalk.org/index.php?topic=3914897.0
TELEGRAM : https://t.me/kryptoinETFs
TWITTER : https://twitter.com/@kryptoinETF
FACEBOOK : https://www.facebook.com/kryptoin
YOUTUBE :
Author:dhavid19
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1795848
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