Review of ICO SYMMETRY FUND

SYMM is a fund that is compatible with ERC20, which was developed specifically for trading various crypto-currencies, as well as investments in the early stage of the ICO. The Fund monthly pays dividends to shareholders in the form of ETH and offers them many of the advantages and remedies characteristic of a managed mutual fund, providing access to the crypto-currency market.

WHAT PROBLEMS ARE DETERMINING

Such crypto-currencies as Bitcoin, Ripple, Dash, Ethereum or Litecoin are still in the early stages of commissioning, so a simple person sometimes finds it rather difficult to understand how to purchase, store or exchange it. The growing interest from investors in the crypto currency is based on the unique possibility of investing it in a fund that trades currencies for them.

Thanks to such advantages as reliable storage, investment at different levels and carefully thought-out funds management, Symmetry Fund offers investors access to the crypto-currency market without having to carefully study all the subtleties of the operations performed. Once you are among the investors, you invest your funds in a managed fund, through which you get the opportunity to directly participate in the exchange of Crypto-currency without any effort that would be necessary for independent trading.

ADVANTAGE OF SYMMETRY FUND

SYMM is aimed at reducing risks, as well as providing profit to its shareholders. In order to ensure an appropriate level of security, Symmetry will deduct a certain percentage of the profits received into a special reserve fund. In addition, risk reduction will be achieved through the use of strategies such as "weighted" currencies and the valuation of specials. signals that inform about the risks.

These methods will be applied to each of the crypto-currencies in the investment portfolio of SYMM. Throughout the time when funds are not involved, they will be stored in the currency of the currencies, which will help to avoid possible risks associated with fluctuations in the exchange rate and significantly reduce their negative impact on the capital of SYMM.

To verify the value of assets and assess current reserves, an independent analysis system is used that allows shareholders to control their investments at any time convenient for them. This assessment of the fund will be performed on a daily basis, and external audit will be carried out by the buh. firms "Big Four" every month.

TOKEN SYMM

SYMM is a token that is compatible with the ERC20 and built into the ETH block system as a smart contract. One token is one share in the fund. Other financial functions of SYMM will also be supported by smart contracts using blocking technology, including dividend payment, ICO management and maintenance of the required level of transparency.

There are several contracts that will be involved at various stages (from ICO to trading) for different needs, for example, at the ICO stage, when the investor acquires SYMM shares, contracts will be needed directly for this operation.

TERMS OF ICO

During the Initial Placement of SYMM (ICO) coins, which will take place during 121 days, an unlimited number of tokens will be issued (exchange rate 0.1 ETH - 1 SYMM). Most of the funds received will be used by the fund for trade and only a small percentage will be credited to the reserve fund and the manager of the department.

There are at least 2 stages of ICO:

• The first stage began on December 10, 2017 and will continue until February 10, 2018.
• The second stage will begin on February 11, 2018 and will continue until April 10, 2018.

During the ICO period, the SYMM tokens will be available for purchase in unlimited quantities - they can be purchased by simply sending ETH to the ICO smart contract address, after which the relevant amount of SYMM shares will be credited to your account. After the closure of the ICO, all funds will be withdrawn from the contract, and then exchanged for fiat currencies.

COMMAND

WebSite: https://symmetry.fund/
WhitePaper: https://symmetry.fund/images/Whitepaper_new_122317.pdf 

AUTHOR

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