PIPSHARES | Forex Traded Counterparty Asset |
The Latest Report:Weekly GSI-FX (PIPSHARES) account statement available at:
myfxbook.comThe most up to date report is always available at myfxbook.
Current minimum investment is equivalent of 1000€. The limit is valid until trading of PIPSHARES gets more attention and liquidity from investors. Please contact us for current prices if you are interested in investing and there are no active orders up on Counterwallet p2p exchange.
What is PIPSHARES?PIPSHARES is a pilot project from Greenshares Invest PLC (further as GSI). A Counterparty asset that is tied to EUR and backed by a forex trading account (PIPSHARES-FX) that's traded by the professionals working for GSI - a private investment company. Buying PIPSHARES is investing into PIPSHARES-FX. Any profit or loss on the PIPSHARES-FX account and the exchange rate of EUR and BTC will both shape the PIPSHARES exchange rate.
PIPSHARES is made for the people who do not want to invest tens of thousands of dollars and/or do not want to reveal their real identity to the investing company. PIPSHARES investment can be as small as you like and because GSI uses Counterparty peer to peer exchange, you can stay completely anonymous. There is also no lock-up period typical to investment funds. You can buy in or sell out whenever you want to.
PIPSHARES-FX is similar to managed account where PIPSHARES is the proof of investment.
Further in detail:PIPSHARES distribution started with a price of 1 PIP = 3.5 EUR.
For each sold PIPSHARES, equal amount of EUR is sent to the PIPSHARES-FX trading account.
One PIPSHARES-FX period is 1 week. PIPSHARES from the GSI wallet will be sold and bought on demand and supply through the Counterparty p2p exchange on PIPSHARES/BTC market. New PIPSHARES sell and buy orders are placed on a daily basis. The BTC gained from the sale is sold for EUR and then sent to PIPSHARES-FX where it will be managed by the GSI traders.
A PIPSHARES-FX weekly report will be published at 10am GMT on every Monday morning.
Manager performance fee will be deducted from the profit, the new PIPSHARES price will be calculated and a part of the balance will be traded for BTC in order to fill the sell orders up to the newly calculated price. No performance fees will be deducted if PIPSHARES-FX account ends up in the negative after the trading period.
The GSI provides liquidity (buy/sell orders) and keeps PIPSHARES price in the range of the PIPSHARES-FX trading account equity.
The PIPSHARES-FX trading account base capital is provided by the GSI. This assures that the account is always active and trading even if there are no investor funds.
Because PIPSHARES is tied to EUR, it also acts as a hedge against BTC. In a situation where PIPSHARES-FX account equity stays constant but BTC market price drops, the PIPSHARES will gain value against the BTC. If BTC market price rises, PIPSHARES will lose value against BTC.
PIPSHARES-FX is managed by successful traders with more than 7 years of experience in trading forex and equities. The PIPSHARES-FX trading account is copying selected forex trades from the GSI main account and all active positions are manually supervised.
GSI_PIPSHARES on Twitter:https://twitter.com/GSI_PipSharesPIPSHARES on blockscan:https://blockscan.com/assetInfo.aspx?q=PIPSHARESPIPSHARES-FX:Account equity tied to PIPSHARES crypto-asset
Trading results report published every Monday 10am GMT
20% managers performance fee from profits only
5% developer fund fee from profits only
PIPSHARES weekly results on myfxbook Useful links:Counterwallet:
https://counterwallet.ioCounterparty multifunctional block and assets explorer:
https://blockscan.comCounterparty homepage:
http://counterparty.io/Risk Disclaimer
Trading PIPSHARES can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest any money you cannot afford to lose. Greenshares Invest PLC will not accept liability for any loss or damage caused by trading PIPSHARES crypto-asset.
Any opinions, news, research, analyses, prices, or other information offered by Greenshares Invest PLC is provided as general market commentary, and does not constitute investment advice. Greenshares Invest PLC will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
The PIPSHARES-FX trading account results will be reported 10AM GMT every Monday on our twitter feed and bitcointalk forum topic. Trading account results will be published at the same time (actual times may vary due websites delay or other issues).Greenshares Invest PLC is officially registered company (Estonian registry code 12717192).In order to minimize the bank fees, the minimum deposit in PIPSHARES-FX will be set to 1000 EUR and the investment cycle to 1 week.