Topic: SPTK - The revolutionary new cryptocurrency backed by index funds (Read 203 times)
The reward is that the tokens necessarily appreciate in value with the growth of the US market, which prevents a pump and dump scheme. The value for investors is hedging against risk and getting newer market exposure as well as the proof-of-concept for crypto-equities. Feel free to take a look at our whitepaper for a more min-depth understanding. We chose Waves to remove nearly all barriers to entry for new crypto-investors, as well as their APIs for larger exchanges like Bitfinex and Kraken once we get listed.
October 25, 2017, 09:09:51 AM
If you have a reward program for your project please the information, and why you choose platform wave, this is a question for you,thank's.
October 25, 2017, 08:47:51 AM
Our site: http://sptoken.wordpress.com, top-level .io coming soon.
What is S&P Token?
The S&P Token is the first of its kind - a cryptocurrency backed 1:1 by U.S. securities. By tokenizing index funds, we allow crypto-investors and traders to have better market exposure, offering scalability, diversity, and intrinsic value of an investment, without the difficulties that come with traditional brokerage.
Why should I join?
The S&P Token holds real-world value as each token in circulation is backed by one share of the S&P 500 Index. This allows cryptocurrency investors to gain exposure to the broader and more stable U.S. market without needing to go through an investment firm, as well as allowing for greater scalability.
How does it work?
Based upon the Waves network and sold peer-to-peer, on exchanges, or through our website S&P Token opens up whole new worlds of possibilities in cryptocurrency.
Tokens can be redeemed by us at any point for 95% of the current value of the index, or sold to another investor on the Waves DEX.
Each time a new token is issued, we buy one share of the Vanguard S&P 500 index fund. This means that every token is backed by real-world assets, and offers stability, anonymity, convenience, and scalability to our users.
Read our whitepaper:
https://drive.google.com/file/d/0B8Uea9vRbSh-MW43XzV4bFU1ZEE/view
I'd love to hear any thoughts or feedback on the token from you - feel free to comment or shoot me a PM!
What is S&P Token?
The S&P Token is the first of its kind - a cryptocurrency backed 1:1 by U.S. securities. By tokenizing index funds, we allow crypto-investors and traders to have better market exposure, offering scalability, diversity, and intrinsic value of an investment, without the difficulties that come with traditional brokerage.
Why should I join?
The S&P Token holds real-world value as each token in circulation is backed by one share of the S&P 500 Index. This allows cryptocurrency investors to gain exposure to the broader and more stable U.S. market without needing to go through an investment firm, as well as allowing for greater scalability.
How does it work?
Based upon the Waves network and sold peer-to-peer, on exchanges, or through our website S&P Token opens up whole new worlds of possibilities in cryptocurrency.
Tokens can be redeemed by us at any point for 95% of the current value of the index, or sold to another investor on the Waves DEX.
Each time a new token is issued, we buy one share of the Vanguard S&P 500 index fund. This means that every token is backed by real-world assets, and offers stability, anonymity, convenience, and scalability to our users.
Read our whitepaper:
https://drive.google.com/file/d/0B8Uea9vRbSh-MW43XzV4bFU1ZEE/view
I'd love to hear any thoughts or feedback on the token from you - feel free to comment or shoot me a PM!
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