ICO Analysis: Brickblock
As blockchain adoption shifts from early enthusiasts to masses, there is an increased demand for passive wealth management platforms where experts manage cryptocurrency based funds.
To match up with the demand we have seen many platforms pop up in the past few months facilitating asset management in cryptocurrencies. Passive investments in cryptocurrencies can be done in two ways, either through Coin Traded Funds (CTFs) or Coin Managed Funds (CMFs).
Brickblock is a tool for traders and all other cryptocurrency holders who wish to diversify their portfolio and hedge against the volatility of cryptocurrencies. Its platform allows people from all over the world to invest their cryptocurrency into real world assets across three types of funds — Real Estate Funds (REFs), Exchange Traded Funds (ETFs), and Crypto Funds (CFs) — without first exchanging into fiat currency.
Brickblock will enable investors to mitigate the volatility of cryptocurrencies via diversification into traditional assets without the hassles of fiat conversion. Investments in traditional assets via cryptocurrencies also has other benefits like lower associated costs, quick settlement and most importantly no geographical restrictions.
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