The Fund of the future - Global ICO Fund
Andreas Hurtig, Swedish day trader, investor and entrepreneur, heads up a dynamic team of economists and business entrepreneurs. He wants to position Global ICO Fund as a modern day patron; on the one hand seeking out reliable, resourceful and promising ICOs, while at the same time acting as an intermediary for those interested parties who have the innovative sense, but not the individual expertise, to enter this challenging yet promising new cryptocurrency market. Together with a strong team Global ICO Fund will spearhead an operation that defines business success in terms of a collaborative, co-creational and commercially viable effort.
Starting the 1st of February 2018 investors will have an opportunity to purchase the token of Global ICO Fund. The fund will have a soft cap of 5 MUSD and a hard cap of 10 MUSD for their ICO.
"We [Global ICO Fund] is a response to the growing need for a reliable fund that operates under full transparency and which possess the expertise to help the ICO market to mature for the future", says Hurtig, CEO and founder of the company.
In addition to the investments in ICOs, the fund also plans to keep some exposure to cryptocurrencies. The fund distribution have been preliminarily set with the following percentages: 60% on ICOs, 20% on cryptocurrencies, 13% reserved for alternative blockchain investments, and 7% saved in cash reserves.
By applying the expertise of the fund, together with the input of the token holders, Global ICO Fund will locate and furthermore advise the most promising companies in the blockchain sphere. The fund will be a way to expose oneself to the world of ICOs and cryptocurrencies, of which we have just seen the beginning.
Global ICO Fund will be open for investments from 1st of February 2018 over a 30 days period. Tokens will be purchased in three steps:
● First you need the cryptocurrency Ethereum, which can be purchased, for example, on Coinbase
● You need a Myetherwallet account whereto transfer your Ethereum.
● From your Myetherwallet you can purchase the Global ICO Fund token via Subscribe to the newsletter of Global ICO Fund for more detailed information.
It is worthy of notice that the fund charges its token holders unusually low fees. Registration fees over 15% are otherwise highly usual in the ICO world.
"We charge our investors a registration fee of 1.5% and a yearly management fee of 1.5%. That is lower than many hedge funds," says Hurtig. "We want to offer our investors a high value, low cost and low risk opportunity."
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