Website : https://symmetry.fund/
The Financial industry is undergoing a massive disruption. The onset of non-fiat currency named the crypto currency has started taking over the market in the various forms of Bitcoins, Ripple, Ethereum, Dash and Litecoin. Many countries have not made any legal regulations for adoption and usage of crypto currencies. The investors are finding it difficult to make the investment decision among the pool of digital currencies.
Symmetry fund (SYMM) is formed with the aim of providing the crypto investors with various investment options, multiple levels of security and managing the crypto mutual funds.
SYMM Market Function
The SYMM enables the crypto investors to invest in the early ICOs with SYMM tokens. The investors have the flexibility to exchange the tokens with the current market rates of Bitcoins and Ethereum. One share in the Symmetry fund equals one SYMM token. The value of one SYMM token is 0.1 ETH. The monthly payment of the dividends will be paid in the ETH.
All the shares are not used for the investments. Symmetry fund has its own separate reserves. The risk mitigation is also provided to the funds to safeguard from the volatility. If the part of the crypto funds are not used for trading, then the currencies are stored in the fiat formats usually in USD or Euro.
SYMM ICO
An unlimited number of tokens will be released and enabled for the sale in ICO. The ICO will run for the period of 121 days starting from 10th December 2017. The 10% of the funds are used for the prudent reserves. ICO happens in two rounds. The first round has only Class A investments. It charges 7.5% management fees for investment over 0.1 ETH. The second round starts by February 11, 2018. It comprises of two classes: charge of 7.5% will be made for investing above 100 ETH. The other class charges 15% for investing below 100 ETH.
SYMM Trading
Once the ICO is done, the trading phase begins and the funds transacted are stored and registered in the Blockchain. The non-traded Crypto currencies are stored as the USD currency to tackle the ever changing exchange rate and volatility.
The trading portfolio is diversified as follows: 70% of the funds are used for trading, 20% of the funds are used in ICO and the remaining 10% are used for the reserves.
The risk mitigation steps like diversified portfolio, trading on the Monday to Friday functional markets and leveraging the caps to 5x for high certainty funds.
SYMM focuses on the transparency, security and risk mitigation by the regular revisits and answering the queries. The questions and the queries are stored in the blockchain register for the easier fund management.
The Future
All the base currencies will be launched by SYMM. The SYMM provides various levels of risks for the investors with corresponding speculations. Any investor who has the general awareness of the cryptocurrencies can become the investor in the symmetry fund. SYMM is planning to provide special offers and benefits for its investors.
For More Details Visit
Website : https://symmetry.fund/
Whitepaper : https://symmetry.fund/images/Whitepaper_new_122317.pdf
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