Legion X - The Worlds First Multi-Cryptocurrency Index Coin
Legion X (LGNX) is the Worlds first Multi-Cryptocurrency Index Coin!
LGNX is the Worlds first actively managed Cryptocurrency Index Coin built on Ethereum Smart Contract technology. When you acquire the LGNX coin, its value is redistributed amongst 10 other coins in different percentages, giving you immediate exposure to a vastly more diversified market. LGNX is actively managed by a team of seasoned analysts whose only mission is to maximize profits, and minimize losses in the altcoin market.
Sound interesting?
For now LGNX is offering pre-ICO coins at a 50% discount. The coins are developed on Waves smart contract technology, but by the ICO LGNX seeks to be as versatile as possible, having multi-wallet support. The development is heavily underway.
Read their white paper and checkout more about the platform at http://legionx.io
"One coin to rule them All."
I like the idea of a currency which derives its value from the aggregate values of other currencies. That said, I'm skeptical of the effectiveness of the ICO method (let alone a pre -ICO) being deployed for a coin whose value proposition is derived from already well-established crypto markets.
It seems like this might be jumping the gun if the coin has no intrinsic value or other practical usage.
We use the term ICO, but it will not, as you can imagine, be held as a traditional ICO since this is more of a fund. We use the term ICO, more for the purpose of having an "Introduction to the World". Being that the company only profits from a small management fee, we hope to pull the MK of the fund as high as we can, and as quickly as we can.