CountingHouse ICO Review — Hedge Fund Meets Cryptocurrency
COUNTING HOUSE
![cchf.png](https://steemitimages.com/DQmbAkz2qAhRfgRiGaHDG8L9twWoSykyEY3oqL6cphHtvDZ/cchf.png)
CountingHouse an Australian based Forex exchange Hedge Fund which uses coded algorithms and mathematical techniques to profit from the volatility of the forex market is currently raising funds to expand in the crypto-market where, the successful hedge fund company want to transfer over a decade of experience trading on the forex exchange into the crypto market which has an advantage over the forex market due to the volatility.
Investors interested in buying CountingHouse Tokens will be getting a portion of the fund and their investment will grow proportionally to the growth of the fund, CountingHouse will use proved strategies such as algorithmic trading, double sided arbitrage and Passive Reserve with reports produced each quarter on the performance of the fund.
CountingHouse Token Allocation
According to the CountingHOuse Whitepaper 1% of the available tokens will be allocated to the Counting House team and 14 Million tokens new investors among which 5 million tokens have already been sold to CountingHouse existing investors.
COUNTING HOUSE ICO
Counting house is inviting professional investors to increase their yearly yield of their portfolio by means of high yield algorithms and mathematical risk management strategies with an initial coin offering. The token sale commenced on 3rd April with a successful pre-sale which raised $4.3 Million. More details about their ICO Below:
Token: CountingHouse Fund Tokens (CHT)
Maximum number of tokens: 20 million
Tokens available during ICO (hard cap): 14,585,000 (i.e. 73%)
Token price: 1 ETH = 1000 CHT (i.e. 1 CHT =$0.77 at time of writing)
Soft Cap: n/a
Hard Cap: 20,000 ETH
Sale starts: Pre-sale 3rd April — 9th May, Main sale starts 17th May
Sale ends: 12th June
There are bonuses available of 30% up to 9th May and then 15% for the 7 days after that.
ICO Ratings
CountingHOuse ICO has been reviewed by cryptocurrency ICO rating sites and received some mixed scores, although most of them are good. Here are some of the main ones:
ICO Bench: 3.6/5
ICO Daddy 4.8/5
Track ICO: 4.8/5
References
AUTONOMOUS NEXT. 2018. Crypto Fund List. [ONLINE] Available at: https://next.autonomous.com/cryptofundlist/. [Accessed 4 May 2018].
Counting House. 2018. crypto strategy report - Algorithic trading results 2018 Q1. [ONLINE] Available at: https://www.countinghousefund.com/2018-q1-report. [Accessed 4 May 2018].
For more information:
Website: https://www.countinghousefund.com/
Whitepaper: https://www.countinghousefund.com/whitepaper
Telegram: http://t.me/Countinghouse
BLOG: https://www.countinghousefund.com/news-updates
Twitter: https://twitter.com/CountinghouseFd
FACEBOOK: https://www.facebook.com/Countinghouse-289073354768908/