Topic: Mudra: Transparency is the new objectivity (Read 136 times)

JAIS
(Just Another ICO Scam)

This probably doesn't belong in Bitcoin Development & Technical Discussion.

I've reported your thread to a moderator. Hopefully this thread will soon be deleted (or at least moved to either the altcoin or service discussion sub-forum).

Hello, Mudra's ICO phase is going to end today. For more details please go through our website and whitepaper: www.mudrahedgefund.com

I wanna see a P/L graph for the previous year of your firm's activities... as should any investor in such a fund.

Hello, You can visit our website on www.mudrahedgefund.com and check our whitepaper at https://www.mudrahedgefund.com/pdfs/whitepaper-small.pdf

Got a website? Anything at all?

In this world of instability, nothing at all can be taken for granted. Specially when it comes to financial institutions offering unimaginable returns upon investing your hard earned money with them. Over the years, with a rise in the quality of education provided and the onset of the Internet, investors have had enormous data at their disposal before investing, leading to greater results. But, as time progressed, a problem was unanimously reported. A problem that a large chuck of the earnings was lost in exchange rates and government taxes. Investors were left with a minor chunk of their earnings from their investments and that led to the solution that the world now looks at, a currency that doesn’t need to be exchanged for international trade and can’t be taxed by any government agencies. With need in mind, cryptocurrencies were born.

Cryptocurrencies are based on transactions on a revolutionary technology called Blockchain which would use a large network of computers as servers for the transactions and every such transaction was bound by a unforgeable and transparent smart contract. They decentralized money and allowed for easy transfer among users without the need to exchange the money in the local currency allowing for a higher trade value.

One would think, okay so now the problem is solved and people can use cryptocurrencies to invest in various commodities without the pains of regular money transfer. But things weren’t going to be as easy as it seemed. One of the most commonly known and used Cryptocurrency called Bitcoin didn’t gain prominence until late 2016 when it was recognised globally. One could purchase a Bitcoin for a handful of dollars before the boom, but rise to prominence led to the price rising to a staggering $17000 per Bitcoin.

A lot of other Cryptocurrencies like Etherium and Litecoin also saw similar gains. The price was volatile and that volatility led to investors buying Bitcoins in bulk and selling them at a higher cost. The earnings from such a trade were far more profitable since they gave great returns in a very short span of time.

Such earnings rang bells at the offices of tax officials of many nations in the world. Financial Institutions like JPMorgan raised many public alarms about the way things were escalating. Such alarms led to many people fraying from the idea of investing in Cryptocurrencies and led to normalisation of the cost of many cryptocurrencies, making them more affordable for new investors and led to a loss of revenue for the early investors.

A need for a hedge fund was felt across the investor base, where the volatility of the crypto currencies would not spell a repeat of the many market crashes and end up in a huge loss of money. In India, Mudra Coin served as an answer to that problem.

Mudra is a hedge fund that works with the investors, allowing them to safely invest large amounts of money towards the technologies that use Cryptocurrencies and blockchain. This approach eliminates the volatility of the price of various Cryptocurrencies and allows the users to decide where they want to invest their money. All investment related decisions are taken only when more than 50% of the investor base votes for it. Even when such an investment is made, an investor has a 100% transparency on what’s happening with his portfolio. Instead of one portfolio manager, Mudra allows for multiple people in the organization, even the high officials personally track the portfolios and ensure a great experience for the investors.

At Mudra, making the investor feel comfortable is key. By using the concept of a public and private key, Mudra ensures that no unauthorised access to an investment portfolio is possible. If Mudra disappears any how or in the case of any mishap on the part of Mudra or even if any government regulations interfere, investors are safeguarded at all the points, in all aspects since Mudra works on Public and Private Key system. The public key is known both to the Mudra team as well as the token holder while the private key is always confidential with the investors itself.Every transaction that is done for an portfolio is authorised by the investor, the company doesn’t take decisions for them. The investments are safe and cannot be touched unless the Private key authorises it. The investors are strongly discouraged to share their Private Key with anyone. By taking measures like these, Mudra truly sets themselves apart from the various opportunities to earn money from Cryptos.