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CRYPTO20 Set For ICO After Successful $5M Pre-Sale

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CRYPTO20 Set For ICO After Successful $5M Pre-Sale

Post by Vladdirescu on Tue Oct 17, 2017 2:52 pm

The minimum fund cap was reached within hours of the pre-sale launch on 7 October 2017.

CRYPTO20’s goal is to bring peace-of-mind cryptocurrency investment to mainstream investors. It is an index fund that holds and autonomously rebalances a data science proven portfolio of the top 20 cryptocurrencies.

Actively managed funds have consistently failed to beat the market index despite decades worth of data, billions of dollars and hundreds of analysts at their disposal. When they have, their fees dilute investor returns to less than if they had simply held the index.

Due to rising crypto prices, the fund value per token exceeded the price of tokens being sold. Pre-sale investors were able to acquire $1.10 of underlying crypto assets for $0.95 per token.

The CRYPTO20 pre-sale is now over, with over 2000 backers from 93 countries and $5 million in total funds raised. The main ICO starts on the 16th of October 2017 at 18:00 GMT and ends on the 30th of November at 00:00 GMT.

https://coinidol.com/crypto20-set-for-ico-after-successful-pre-sale/


Vladdirescu

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