I suggest reading up on CombiCoin. Today is the last day of ICO.
For every 10 dollars you invest, you get 1 CombiCoin, as well as 1 TRIA token.
Each CombiCoin represents 1/30th of the top 30 cryptocurrencies (BTC, ETH, etc.). The team have run a lot of simulations, and this turned out to be the ideal ratio: in the first half of this year for example, BTC grew 194%l the top 30 grew 1198%. They will do bi-monthly rebalancing to keep alts from becoming dominant within CombiCoin, and to be able to introduce successful newcomers.
This means that as long as the crypto market as a whole grows (which it has done, exponentially, for a long time now), the CombiCoins grow in proportion. You pay zero commission over this growth and get to keep all of the profit you make by selling.
This is where the TRIA tokens come in. Specially designed software, which has been successfully applied in the energy sector, will keep track of all buying and selling orders of CombiCoins on as many exchanges as possible. Whenever these can be traded at a favorable rate, the smart software executes an order and generates profit. This profit is divided 50/50 between Triaconta - this is their business model - and the other half goes to the TRIA token holders. In other words, the token holders are basically guaranteed a steady income, as long as CombiCoins are being traded (which, in a growing crypto market with the coins rising in value, they will be).
I've invested €1500, here's why:
- With all recent China (and most recently South Korea) related FUD, I think a lot of demand has risen for more stable (and no less considerable) profit. The market consists of more than moonkids and speculators, there's people simply looking for better returns than current savings rates;
- I find it hard to figure out which crypto's to hedge my bets on. There's a couple of relatively stable big ones, but with low profits, and a lot of promising newcomers, many of which turn out to be one day flies (a little too often for my taste). I do, however, have great faith in the rise of cryptocurrencies in general - in the crypto market as a whole. I firmly believe this market will grow substantially in 2018 (and the CombiCoins in proportion to it);
- Then there's the added revenue from the TRIA tokens. You get these basically as a bonus during the ICO, and there's no telling how much each token will generate over a lifetime;
- I'm very impressed with the team, not just their qualifications but also their transparency and professionalism. They answer all questions on this forum and in their telegram quickly and thoroughly. I've asked many questions myself, but haven't been able to find a single unconsidered circumstance or any fatal flaw. They seem to have thought of everything. The software they will implement has been tried and tested, and they know how to convey confidence in their product. Only thing is that, where other (less promising) coins like Paragon are all in your face, Triaconta keeps it pretty low key and rather focuses on quality. This means it's partly up to the community to get the word out, but personally I'm happy to contribute.
I'd say do your own research, their whitepaper explains things very clearly.
https://triaconta.com/1 day left!
This means this is only an index of top 30 coins, a mutual fund of sorts - you're basically spreading your bets among the 30 coins which you can do by yourself. This will increase when all of the underlying assets increase - if some go 10x and some go to 0 there wont be as much impact on the coin price. So if you're looking to hedge or play it safe, then you can go for it but if I want something 10x or 100x, I wont go for this.