Altindex

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Ico logo altindex.jpg The First Automated Index Fund of Tokens
Rating 3.2
Team Vision Product
0 0 0


Summary[edit]

ALTINDEX is the world's first token index fund.

Token ADEX
Price 1 ADEX = 1.15 USD
Platform Ethereum
Type ERC20
Accepting ETH
Minimum investment 0.3 ETH
Distributed in ICO 90%
Soft cap 1,250,000 USD
Hard cap 10,800,000 USD
Tokens for sale 10800000
Country Cayman Islands
preICO start preICO end ICO start ICO end
2018-06-22 00:00:00 2018-07-03 00:00:00 n/a n/a


About[edit]

Independent “Token-as-a-fund”.
A token index fund which will use ICO funds to buy the underlying tokenized assets, in other words, the best 20 tokens in the market in relation to capitalization and volume. No intermediary fees, no minimum investment, with just 1% of the exit fee and with total control over your assets.

Index fund yield

ALTINDEX provides a way to track the performance of encrypted markets as a whole by having a single asset (token). Indexed funds have consistently outperformed the average managed fund since its inception.

Ease and simplicity

There are literally thousands of tokens for investors to choose from. The choice paralyzes. The option adds cost, complexity and the need for advice. ALTINDEX eliminates this complexity for the new token investor. Tokens give us the opportunity to create the world again. So, why are we installing intermediaries and building inflated platforms? ALTINDEX deletes all third parties involved in taking “cuts” of returns from investors by directly addressing the final user as a token. No platform fees, no intermediary fees nor advisory fees.

ALTINDEX makes easy for anyone to obtain exposure to tokenized returns with a widely diversified risk.
ALTINDEX tokens are directly linked to the underlying assets with a single settlement option in the smart contract. This protects the price of the asset and ensures that it can never fall below the token part of the underlying assets. All the combined token market capitalization is only 0.5% of the S&P 500 capitalization. The fund will be strongly promoted to fixed investors and the only opportunity to buy these fund tokens will come from you: the ICO token holder. The index will maintain and weight the 20 best tokens based on Ethereum by market capitalization adjusted for inflation. The prices will be extracted from Bitfinex, Bitstamp, GDAX, Gamini, Kraken, Poloniex and Bittrex and will be weighted in such a way that any token exceeds 10% of the total value of the fund, thus preventing any  token from dominating the portfolio and granting greater security for the investor. The fund will rebalance automatically every week.


Team[edit]

Team photo 2658-29039.jpg
Carles Vives
CEO Co-Founder
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Sergi Nos
COO Co-Founder
Team photo 2658-29041.jpg
Alex Canto
Advisor Mineblocks


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Enrique Santos
Trading Analyst and Mathematical Physicist
Team photo 2658-29043.jpg
Vicent Nos
Advisor IT developer
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Sheila Mundo
Full stack developer


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Manolo Cruzado
Front-end Developer



Milestones[edit]

  1. Sep - Oct 2017
    Initial research and development.
  1. Oct - Nov 2017
    Smart contract development and trading system creation.
  1. Nov - Dec 2017
    Completion of the intelligent contract and the trading protocol.
  1. Dec - Gen 2017 / 2018
    Test of the trading system in order to ensure its correct functioning.
  1. Mar 2018
    Marketing pre ICO.
  1. Mar 2018
    Launch of the platform to the public.
  1. Apr - May 2018
    ADEX sale to the public.
  1. May 2018
    Initial acquisition of the 20 main tokens and first re-balancing procedure.
  1. May - Jun 2018
    Public audit of ICO funds.
  1. Jun - Future
    Continuous marketing and investor relations.
  1. Future
    Public launch in other exchanges.(Extra) Launch of special decentralized MasterCard for ADEX holders. Launching of new financial products under the ALTINDEX brand.

Ratings[edit]

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-10-17

Rating
Team Vision Product
0 0 0