Short Description: Equadex is a blockchain-based crypto-index fund that tracks the top 10 cryptocurrencies by market capitalization represented by our token, EDEX.Equadex is principled in that the fund has an investor-first focus. This can be seenthrough our very low fee policy, ease of liquidation, and regulation of team members’ activity. We have weighed everything from corporate structure to fund organization to ensure the highest level of security and best performance of the fund for investors. The fund also seeks to improve the livelihood of communities by providing financial support for NPOs. A percentage (0.5%) of the token supply will be gifted to designated NPOs.A single EDEX token simplifies the time-consuming endeavor of individually researching the cryptocurrency market by instantaneously giving access to a low-exposure portfolio composed of the top 10 cryptocurrencies.Equadex makes crypto-investment simple and straightforward.The EDEX token denotes a portion of the total value of the fund. The tokens will onlybe available during the initial coin offering, which is a singular, closed cap offering that includes an early buy-in bonus. By holding a single EDEX token, the investor effortlessly owns a portion of the top 10 cryptocurrencies. A minimum of 95% of the total amount raised will be applied to the purchase of the top 10 currencies indexed in the fund. The actual percentage will vary depending on the sum raised during the ICO, as operating expenses are fixed at US$250,000. The minimal contribution into the fund will be 0.01 ETH.The EDEX token is ERC20-standard on the Ethereum blockchain. Compared toconventional index funds and due to the nature of blockchain technology, Equadexoffers full transparency, global accessibility, no fund management fees, and no liquidation fees. In addition, the expected returns are far greater than traditional investments.We are aiming to raise a minimum of US$5 million in the initial coin offering. If thisamount is not raised, all funds will be returned to investors. Once the ICO has ended,the only available means to purchase the EDEX token will be through exchanges. Nofurther tokens will be sold or created (minted) after the initial coin offering.
Category: Tokens Cryptocurrency