Topic: [ANN] First Crypto ETF offers key ICO participants membership on Board of Direct (Read 1239 times)

First Crypto ETF will greatly benefit many people, including traders, portfolio managers and even beginners. this is very good and will be developed in the future.

They must have control, they must be involved, they must know what´s going on. So blue pill or red pill? 

we seriously consider it but decission hasn´t been made yet

Daily traders? yes. Newcomers who have no time analyse markets? Yes. Arbitrage traders? Yes

3x Yes is far enough 

but also more liquidity for exchanges, higher daily volume, good spreads...

no bounty program yet. any suggestions 

The buyback feature is really attractive, its decreasing the risk of the investment and I think it will encourage so many people to interest more about this project and maybe investing

Thats a very helpful project for the crypto currencies traders. It will help them to earning even more while doing their daily job of trading. Seems interesting.

Any bounty program?

“Investors should not be victims.” I think this is right, your project try to give the investors some sort of control which is not bad.
I wish you success, and I will consider seriously investing in your ICO if everything is ok

I think this project has a really interesting purposes but there is sill need of improvement, starting from the thread, it should be added with more use full information.

The transparency is always appreciated. This project looks a bit different and promising.

Maybe offering a bounty program will attract more investors

We believe participants must have some sort of control. Check our press section, there´s more

Giving the token holders the ability to become a member of the Board of Directors sounds great and genial

I will visit the site for further details

Hi

first of all thanks for your questions. Company is located in Panama, it's private interest foundation (PIF) and this entity is solely used for pre-ICO and ICO. after this process, company's domicile will be transfered to european jurisdiction. It will be regulated subject with portfolio management, asset management and money transmitting licence. (CFD, OTC operations included)

Board of Directors is a recognized as a group of people who jointly oversee the activities of company. It's the supreme governing body of the company. This is the way how to give control for ICO participants. Simply - they get a chance to control company activities and they know what happens with their investment.

Typical duties of boards of directors include:

- governing the organization by establishing broad policies and setting out strategic objectives
- approving annual budgets
- ensuring the availability of adequate financial resources

Of course there's lot more to do. It will be position with compensation but also with duties. Member of Board of Directors will be vital part of business operations and participate on strategic decisions.

Where is this company located what is procedure will have to follow the big investors to have position in board of directors. OP is empty about the details for this position you should add info and make this more useful for interested people like what benefits will be for position holders into this company.

“It´s a natural step towards greater transparency, giving pre-ICO and ICO participants the chance to control the company´s daily business and activities,” said First Crypto ETF Chief Executive Officer Peter Vrabel. First Crypto ETF said it would help ward against the experience of some ICOs, which saw projects raise money only to disappear soon after. “This kind of behaviour is unacceptable,” said Vrabel. “Investors should not be victims.”

First Crypto ETF is to launch a pre-ICO process before embarking on a full coin sale. This will be the first ETF in the crypto-currency world, and First Crypto ETF will invest in 10 highly liquid crypto-currencies that have high daily trading volumes. Its portfolio will include Bitcoin, Ethereum and Litecoin as well as Zcash and Monero. Against this package, a token will be issued that can be traded on crypto-currency exchanges worldwide. The tokens offered in these rounds are very attractive as First Crypto ETF provides a guarantee to hold regular buybacks once the platform is launched and introduced to the market.
Trading will also take place over peer-to-peer platforms, with day-to-day operations controlled by the company’s unique technology – the Authorize Engine – running on proprietary hardware infrastructure and algorithms.

First Crypto ETF offers new possibilities for daily traders, beginners and portfolio managers alike. Active traders will experience a reduction in daily trading costs, and beginners and portfolio managers will be able to obtain an easier way to enter the crypto-currency market. In turn, this will provide liquidity to crypto-currency exchanges and boost daily trade volumes.
Secondary access will be provided using a unique product, named the Black Card, which can be purchased on First Crypto ETF’s website using a debit or credit card.