Crypto Currency Top 100 Fund

in #bitcoin7 years ago

It's a good idea to have a Crypto Top 100 or Top 50 Fund.

Similar to the FTSE 100 in the UK.

The fund would be an index composed of the Top 100 Crypto Currencies, and even another indexing the Top 100 Tokens, and hey why not another index covering the Top 100 of both.

It could be updated monthly or whatever time period decided.

So the fund would invest in the index, and investors could buy into the fund to get a safer investment.

The fund could be run on the blockchain with no fees, you would just purchase the token for the fund. The blockchain could check the Top 100 then buy and sell as the index changes.

So if you are looking for an idea for a money spinning idea, get the team together and start creating the first Top 100 Crypto index.

It's an idea that I thought of, but really do not have the experience or know how to create it.

I'm not a financial adviser, it's just a dream.

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