Tripterium T50 is a tokenized, closed-end index fund (CEF), which passively tracks the top fifty cryptocurrency assets by market capitalisation, in order to deliver healthy returns. The fund has a Venture Capital Feeder Fund, which will invest in expertly-vetted early stage blockchain technology companies that are seeking to undertake an Initial Coin Offering (ICO), therefore benefiting from the ICO returns.
TRIPTERIUM 50 are close end index fund similar to the many traditional index funds that is offering something similar to the cryptocurrency investors. With the rise is cryptocurrency tokens and tracking the top 50 tokens in the market, to assure investors of a healthy return. There are several advantages to investing in the fund, such as there are no fees for advice, brokerage, and free founder membership. Providing something unique in the cryptocurrency market so that the confidence of the investors in the market can be renewed is the only mission of the platform. Profits from the Tripterium Venture Capital Feeder Fund will provide a constant stream of new money coming into the Tripterium T50 index fund, increasing the Net Asset Value (NAV) of the portfolio to the benefit of the T50 token holders.
No exit fees
No broker fees
No advice fees
Benefit from the fastest growing market in the world
Free membership to the exclusive Tripterium Founders Club
Diversified exposure: Broad exposure to a diverse set of cryptocurrencies
Access great pre-ICO discounts and bonuses through the Tripterium Founders Club
Higher returns: index funds have consistently outperformed the average managed fund
Benefit from the concept of compounding interest, which increases the net asset value of the fund
Tripterium Venture Capital Fund: consistently injecting new money into the Tripterium T50 indexund
Institutional marketing: Tripterium T50 will be marketed to institutional investors, therefore increasing the T50 token price premium
Liquidation option: providing a price floor for the T50 token, ensuring that the T50 token does not fall beneath the token’s share of the net asset value of the fund
Free coins from hard fork: a cryptocurrency hard fork is when a single cryptocurrency splits in two. The value of the free coins will be put back into the Tripterium T50 index fund, increasing the net asset value of the fund
Liquidity: Tripterium T50 tokens are based on the ERC20 token standard that is secure, can be easily stored in any - Ethereum wallet, and can be easily bought or sold. The ERC20 standard is supported by all the top cryptocurrency
Index funds aim to track the performance of a specific index. The value of the index fund will go up or down as the index goes up or down. Index funds typically have lower costs than actively managed funds because the portfolio manager doesn’t have to do as much research or make as many investment decisions. Even if two funds are of the same type, their risk and return characteristics may not be identical.
Active vs Passive Management
Active management means that the portfolio manager buys and sells investments, attempting to outperform the return of the overall market or another identified benchmark. Passive management involves buying a portfolio of securities designed to track the performance of a benchmark index. The fund’s holdings are only adjusted if there is an adjustment in the components of the index.
Exchange Traded Fund (ETF)
An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.
Closed End Fund (CEF)
A closed-end fund (CEF) or closed-ended fund is a collective investment model based on issuing a fixed number of shares which are not redeemable from the fund. Unlike open-end funds, new shares in a closed-end fund are not created by managers to meet demand from investors. Instead, the shares can be purchased and sold only in the market, which is the original design of the mutual fund, which predates open-end mutual funds but offers the same actively-managed pooled investments.
Venture Capital Fund
Venture capital funds are investment funds that manage the money of investors who seek private equity stakes in start-up and small to medium-sized enterprises with strong growth potential. These investments are generally characterized as high-risk/high-return opportunities. In the past, venture capital investments were only accessible to professional venture capitalists.
Tokenized Index Fund
A tokenized index fund is a new type of investment fund. The Ethereum blockchain provides a trust-less and transparent platform that allows tokens to be easily transferred. This removes the need for a third party to keep track of investment accounts and their investors. Using the Ethereum network, a token holder can trade their token with no entry or exit fee bar the transfer fee charged by the Ethereum network. The T50 tokens represent their share of the underlying assets within the fund.
The Tripterium T50 token is an Ethereum ERC20 standard token that represents the holder’s ownership in the fund. The value of the T50 token is always backed by the Net Asset Value of the fund. A liquidation option that can be exercised via the smart contract, guarantees a minimum value for each T50 token based on its proportion of the NAV.
MEET THE KNOWLEDGEABLE TEAM
ROADMAP TO SUCCESS
From development to a next generation cryptocurrency index fund.
August – December 2017
Testing the proof of concept for a hybrid cryptocurrency index fund that has a venture capital feeder fund
January – February 2018
The team is put together
Created the portfolio hyper-parameters and criteria for the venture capital feeder fund
February – March 2018
Smart Contracts Develope
The Tripterium smart contracts developed along with back end functions
March – June 2018
Test Systems and Smart Contracts
Testing of autonomous trading system
Testing of smart contracts and back end systems
Perform security audit and consulting with industry experts and advisors
White paper released: May 18, 2018
June – August 2018
Public Token Sale
Stage One: (100% bonus)
June 15, 2018 to July 26, 2018
July 27, 2018 to August 31, 2018
After the End of the ICO
Exchange Listing and Regular Fund Operation.
Kind Regards, ensure to join this incredible project.
FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:
website - https://www.tripterium.com/
whitepaper - https://s3.amazonaws.com/tripteriumt50/Tripterium+T50+White+Paper.pdf
facebook - https://www.facebook.com/tripterium/
twitter - https://twitter.com/tripterium
Profile link: https://bitcointalk.org/index.php?action=profile;u=1887582
Eth address: 0xd0D5d98857192B3931c831b7B809D47CD830da32