Decentralized Investment Fund

ccmut(41)
Published in
#crypto
Words
360
Reading
2 min
Listen
Play
9y

cmvt-PixTeller-134663.jpgThe idea behind a decentralized investment fund is to bring the stability and safety of a mutual fund in traditional investments to the crypto/blockchain space. In order to do this we felt it was best to stay in true crypro fashion and use tokens and make it decentralized. So we created Crypto Mutual Coin (CCMC) and correlating Crypto Mutual Vote token (CMVT). CCMC will be the fund itself and CMVT will be used to control the fund through fund management program.
We are creating a safe place for beginners to learn invest and grow in cryptocurrencies, making it easy to get involved in the community specifically those that are more risk adverse and get your feet wet with investing into the big names btc eth ect... We also want it to be a place for seasoned traders hodlers and investors to store and generate long term wealth in a community that works together and runs a large 200million dollar plus fund. We will start with $25,000,000-$50,000,000 goal for our Ico to lay the foundation of the fund, and after fund management program and site/exchange completion we will release the remaining CCMC to grow the fund upward of $200,000,000. We will use a proof of stake along with a delegate system using CMVT to run the fund management program.
The team is creating the framework for the decentralized fund (site, exchange and wallets) as well as programming the fund managment program that will be run by the investors and holders of CMVT. The reason behind the current presale of CMVT is to gain the funds to finish team build and have the money to promote and hold a succesful ICO. We wanted to reward our initial investors with greater control over the fund at a lesser price point. Also we do not want start up costs to way heavily on the decentralized fund itself. Please visit our site https://cryptomc.com where you can find our white paper and contributing Ethereum address we are also offering 30% bonus
P.S we are offering 10 advisor positions to early contributors to be able to be involved in our business practices and over see team and decentralized fund.