SMARTER THAN CRYPTO- TOKEN AS A PORTFOLIO
Smarter Than Crypto is the world’s first cryptocurrency smarter-than-beta tokenized portfolio which aims to solve the practical difficulty involved in safely storing an effective and diverse portfolio of crypto-currencies and their proper management. It is a fully functioning product which assumes the form of a Comingled Managed Account(CMA). Smarter Than Crypto is a utility token and aims at reducing the costs of managing cryptocurrency investments and also providing global access to a diverse portfolio.
Smarter Than Crypto offers numerous benefits to STC token holders, these include:
- Efficient and effective portfolio management.
- A high level of transparency which is ensured by the auditing of the smart-contract by a third party
- Zero exit fees.
- 24- hour trading with low price bound.
Smarter Than Crypto allows for transactions without any restrictions while charging zero management fees. Funds gathered through the Initial Coin Offering would be used to acquire digital assets and properly manage the portfolio. This would be beneficial to investors and the community market as the liquidity and transparency would bring about high trading activities. The fund structure of the token is the closed-end fund which is seeded once and traded on the exchange thereafter.
Facts have proven that the smarter-than-beta strategy outperforms its competition in the market and Smarter Than Crypto would be the first of its kind in the cryptocurrency world to employ this strategy. It will bring liquidity, stability, acceptability, trust, reduced risk, and high performance while adding the advantageous features of the Ethereum blockchain alongside its smart contract features. Prices on the blockchain network would be updated regularly to accurately reflect their value for safe financial decisions. A small percentage of the tokens would be held in Ether by the smart contract to enable liquidation and it is controlled automatically. These tokens can be transferred back to the wallet during withdrawal and can be sold on the exchange market.
STC token creation ends after the ICO period and it would be available for trade or transfer to personal or exchange wallets that are ERC-20 compatible. Investment in the ICO can be made in BTC, ETH or LTC. The SMARTER THAN CRYPTO team’s tokens will vest for 2 years to make sure that team incentives are in tandem with ICO participants'. This is achieved via a public smart contract ’vault’. Details of the Initial Coin offering can be found below:
Since weighing based on the capitalization is non-correlational due to the fact that a bigger index reverts to mean more likely than a smaller index, Smarter Than Crypto seeks to create an equal weighting system to know the portfolio parameters with respect to rebalancing frequency.
Tests and research were carried out with the monthly rebalancing frequency and the results show that for active investors it is a zero-sum game but a skilled investor can perform well in the market. It also shows that the unskilled investor would perform poorly in the market and pays the outperformance versus the market to the skilled investor. It was also found that 20 coins is the optimum portfolio size to be selected for harvesting good returns in the test.
Rebalancing is the process of regularly adjusting a portfolio in such a way that its asset composition shows the index it aims to monitor. It is done to reduce risk and maintain high returns. The test further shows that weekly rebalancing performs better than monthly rebalancing and is to be applied to this system.
A portfolio using a SMARTER THAN BETA index strategy investing into 20 coins by market capitalization with a 20% cap weighting gives wide market exposure with acceptable returns and prevents risk effectively. The cap helps in future-proofing the portfolio because one asset, and thus only one source of risk, is prevented from dominating. Weekly rebalancing frequency gives an acceptable balance between portfolio returns and the capacity to perform above the benchmark index. It has implemented security structures to mitigate attacks and the smart contract code has been carefully designed to reduce vulnerability. SMARTER THAN CRYPTO will always hold varying amounts of about 20 top cryptocurrencies by market capitalization. Most of the cryptocurrencies will be kept in cold wallets with a small percentage of each currency stored in our wallet servers to ease automatic rebalancing.
This token would set a new standard for cryptocurrency investments. As a transparent, secure and directly asset linked 'token-as-a-portfolio’, SMARTER THAN CRYPTO seeks to bring 0% management fee, broad market exposure crypto-investment to the cryptocurrency market with its innovative single token offering.
To find out more about Smarter Than Crypto and how to invest in the Initial Coin Offering, use any of the following links:
WEBSITE: https://twitter.com/Smarter_Crypto
WHITEPAPER: https://www.smarterthancrypto.com/doc/Smarter_Than_Crypto_whitepaper.pdf
TELEGRAM: https://t.me/stc_tokens
TWITTER: https://twitter.com/Smarter_Crypto
FACEBOOK: https://www.facebook.com/SmarterThanC
MEDIUM: https://medium.com/@smartercrypto
BCT ANN: https://bitcointalk.org/index.php?topic=2779260.msg28429165#msg28429165
BCT USERNAME: KINGIGOLO
BTT LINK: https://bitcointalk.org/index.php?action=profile;u=1416347
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