No one will deny that crypto currencies open up a lot of existing markets and new business opportunities some of the old business models require a rather bold approach as crypto 20 it's perfectly this project is all about establishing a tokenized crypto currency index fund which supports a total of 20 different currencies in its native token known as C 20 can be traded on various exchanges so why should we care about crypto 20 not every single person on the globe is cut out to buy crypto currencies and Hottel on to them for the long term that is not only normal as the process of buying crypto currencies and storing them is rather tedious it is as such the crypto 20 tokenize crypto index fund allows investors to be exposed to the price fluctuations of 20 different currencies all they need to do is own the C 20 token and they will benefit from its positive hopefully positive valuation fluctuations right now the fund is valued at eighty three point seven eight and million dollars even though it is likely that number will increase in the months to come so how does it work as a name suggests crypto 20 is a tokenized crypto currency fund which has a portfolio of 20 currencies at all times according to the website the holdings are mainly Bitcoin aetherium Bitcoin cash poor decision and XRP poor decision like coin Cardno stellar neo EOS IO - Nemo narrow list et Cie etherium classic Tron V chain quantum and Bitcoin gold and icon who are all represented it represented as well not bad clearly the fund is mainly interested in the top 20 crypto currencies are ranked by overall a market cap which you can find on coin pus com given the market cap rankings a fluctuate every now and then crypto twenties positions in specific coins will change accordingly additionally if coins drop out of the top 20 the fund will change its portfolio accordingly it is an autonomous token as a fund which charges no broker or exit fees and doesn't require any minimum investment moreover users control their assets at all times with a full transparency there is an annual fee it's a fund guys so there's a management fee associated with this obviously to take into account but it's just 5% 0.5% in traditional financial markets such fees can be as high as a 3% moreover the active trading is fully autonomous and requires no human involvement whatsoever as such as easy way to in which to be exposed to crypto currencies without holding 20 different coins all this is taken care of by a public smart contract which has not run into any major issues as of yet becoming a client of the crypto 20 fund requires ownership of the C 20 token which is listed on a few exchanges as more trading platforms allow for the trading of this currency overall liquidity will improve by owning this token used are directly exposed to the financial gains and losses made by the 20 crypto 20 fund owning more tokens it means more exposure and room for potential profits or losses so what's their head the road ahead for the crypto 20 as one would expect there are still some work to be done before crypto 20 can reach its full potential with the ICO completed and a public audit of the I steal funds conducted the time is now for the company to set up more exchange listings and collect data for more exchanges where the currencies in the funds portfolio can be traded it will take a few more months until this process is complete after which I seal participants will have access to the AI managed funds by a data profit well guys it was only a matter of time before these types of ideas pop and frankly I am a supporter of it now that doesn't mean that I think that you should invest in crypto 20 what I mean is that it gives more options for consumers some consumers don't want to go through the as this article stated tedious tedious tedious routine of buying coins and storing them in a multiplicity of different offline wallets now some many people are lazy and they buy lots of coins and they keep them on their exchange but those guys are just ready to be hacked and so for some investors a in an index fund like this could be very positive it can get them exposure to the cryptocurrency game game while only holding on to one coin the c20 token the question really is is how has this managed number one number two do they have enough data to presuppose that they're actually gonna make you gains that's the question I'd like to see the data myself and frankly I haven't seen anything that points Andy dated just yet so I'm gonna let you guys give me the updates let me know in the Bitcoin dot pub or the comment section below whether you think a crypto 20 could be a very powerful opportunity an option for new traders and new people getting into the cryptocurrency market is this a good thing or a bad thing & smash the like button for getting into the cryptocurrency game if this helps people get into the game I'm all about that
