Disclaimer: This is not an investment advice but a review of the target coin project.

About Target coin: 

TGTCoin introduces a new innovative business model which allows investors to capitalise on the rise of the blockchain technology and generate risk adjusted returns on array of diverse cryptocurrencies. TGTCoin makes it easier for the investors to invest in the blockchain technology without dealing with the risks, technical barriers, transferring, owning and trading different cryptocurrencies on their own. TGTCoin is open for investments only during the ICO period.TGTCoin is a closed end fund built using Ethereum smart contract that uses Machine Learning, Technical Analysis and Big Data to invest and trade cryptocurrency tokens and gives full transparency to the investors. TGTCoin issues tokens built on a profit-sharing smart contract. A smart contract is designed to share 85% of the profits with the investors by buying back tokens. TGTCoin allows Net Asset Value of a token to increase over time depending on the performance of the fund. In its essence, TGTCoin eliminates barriers to entry and allows investors to subscribe to the fund’s income flow.

 Target X 

They are building an in-house intelligent system for investors to get real time data intelligent briefing, trade signals and research articles. They would use quantitive models, technical analysis, historical patterns along with risk management models and plan to publish it on our platform - TargetX.

They are building an in house

Technology: Ethereum tech  

Founder :    

  Akshath Naik

Chairman and CEO at Target CoinMumbai, Maharashtra, IndiaFinancial ServicesCurrent

1. Target Coin, 
2. Alexandrite Capital

Previous

1. Akshath Naik Financial Services, 
2. Alpha Trader Asset Management, 
3. Munch Peddler

Education

1. University of Mumbai

Websites

1. Company Website

Crowdsale details :  TGTCoin plans to launch the ICO on 15th July, 2017 and the ICO will end on 31st August, 2017. 

• 10% of the ICO money will be used for the operations of the fund and 
• 90% of the fund  will be used to build a portfolio.

TGTCoin plans to issue 2 Bn coins. 

• 1.34 Bn coins are available to the public 
• and  260 Mn coins are held by the management team and 
• 400 Mn coins are held by the pre-ICO investors . On the ICO the TGTCoin price will be - ETH 0.000133( US $ 0.04) 

Remarks :  I hope the team improves it engagement on social media, like a live appearance on youtube.