I wanted to focus todays post on a crypto investment fund that has predominately gone under the radar, despite having a credible team and a great product (IMO). The fund in question is called Smart Investment Fund | (SIFT) | https://smartift.com/.
SIFT is two weeks into its ICO and has only generated 170 ETH (at time of writing) https://etherscan.io/address/0xf8Fc0cc97d01A47E0Ba66B167B120A8A0DeAb949#code which motivated me to write this article as I think they deserve a much larger following.
Before I go into the details of the SIFT product, I want to give my attention as to why I actively pursue the fund coins despite these not having the hype and price swings as say, the smart contract coins.
The best fund coins pay dividends – and i'm not talking about buyback and burn 'dividends', but rather incoming payment dividends.
The fund coins hold underlying assets – so in most cases they have some kind of basket backing, as opposed to solely being hedged by technology under development. So in a worst case scenario, should the fund manager give up, get pecked to death by seagulls or elope with a broad abroad, there 'hopefully' will be an option to sell and distribute the underlying assets back to token holders.
Growth in the fund coins – I see these type of investments as ripe for massive price movements in the medium term future. This will likely happen as investors become more aware of the dividend model. Venture Capital firms slowly moving into this space may also find these offerings attractive while on a search for basket diversification that will yield.
Passive income – This is the most exciting point; most fund coins reinvest a certain percent into the pool of capital, so as time goes by, the pool of funds grow, as should the dividends. When we take into consideration the scaling of the crypto market along with the growing pool, the div returns we are seeing today will pail in comparison to what will be returned 5 years from now (should the fund still be operational). Could I also be so bold as to wildly speculate some Gen Y's and Z's retiring in their 20s and 30s off these type of returns?... I maybe dreaming, but I got my lotto ticket in the draw :P
Smart Investment Fund Unique Selling Proposition
To break SIFT down into its most simple explanation, SIFT is a blockchain trading fund run by AI software developed by the team. The software runs on trading pairs that move between buys and sells based on AI algorithms.
Detailed Description Found On Website
Smart Investment Fund is a new high yield dividend fund that will trade blockchain assets using a proprietary method of financial trading called Smart Volume Analysis (Smart VSA) and offers up to 40% per year ROI to investors through dividends and asset value appreciation. It is being offered by the creators of Smart Trader, a volume analysis trading platform with a decade of experience and custom algorithms that support thousands of traders every day. These AI algorithms have now been enhanced and tested against blockchain assets. The fund is structured to minimize risk; all funds are kept in USD, EUR or GBP when not involved in a trade, a prudent reserve is kept at all times, company assets are externally audited and published to the blockchain and investors are given voting rights in the direction of the fund.
Dividend Model
50% of profits distributed monthly via smart contract
50% reinvested back into the fund pool
SIFT Whitepaper
https://smartift.com/sift_whitepaper.pdf
Team
Both founders of SIFT have worked in the technology and financial service sectors since the late 1990s. James May worked as a financial trader starting in the late 1980s while Guy Powell is a technologist who has been writing code since the early age of 7. Guy is a likable chap and has a youtube channel discussing various aspects of blockchain here: https://youtube.com/GuyRobotTV
Conclusion
While i'm big on the fund coins, many of you may not be. I do see great potential in this offering and am a proud owner of a couple of SIFT in a ERC20 wallet.
Thanks for reading guys enjoy your weekend
[Disclaimer: please do you own due diligence when investing and don’t solely take my point of view as the only angle. I highly recommend everybody dig through the projects bitcointalk, reddit and team linkedin profiles to help formulate your own opinion – I thank you so much for reading and wish you successful dividend returns]
Ryan Jorgensen | Stock Photographer | Blockchain Nerd
Twitter: @CryptoDividends
Website: http://jorgo.photography/
Crypto Dividends focuses on the niche blockchain business models that generate passive income without the need to sell or speculate. We seek to discover and promote the best dividend yielding cryptos.