The PHI platform is the basis for alternative investment funds
The PHI revolutionary project aims to develop and implement a new model for the distribution of financial services for money management, which will combine the cryptocurrency and the conventional currency systems. The development of a public platform for effective capital management will promote the development of social trading platforms close to the professional level. According to the technical document road map, the company conducts a large-scale presentation to attract investment, which includes the stage of pre-sale and sale of tokens.
Implementation of the concept
Activity on the PHI investment platform will allow the money managers and financial planners to open one or more management lines to support their customers and to increase the audience that is interested in investing in the new Crypto-Assets asset class via a single platform and functional tools.
The project is able to meet the needs of private and institutional clients who can distribute their assets with the ability to adjust the account.
The technical realization of the project was created by consulting company Diaman SCF S.R.L., which due to the entry into force of the MiFID2 and PSD2 compliance on an open source platform will allow other companies to develop profitable business models based on blockchain technology. After receiving the authorization of MiFID and the activation of the first sub-fund at the ICO stage, the project will allow professional investors to purchase an acceptable financial instrument with the main investments in crypto assets.
This will ensure the productivity of financial consultants, managers and end customers who will be able to pay for services in Fiat currency or PHI tokens. The implementation of the Blockchain Document Management System (BDMS) will ensure consistency and storage of data and can ensure that smart contracts are genuine and cannot be changed.
ICO
Generation of tokens (TGE) will take place in three stages: pre-sale will allow to purchase PHI tokens with an impressive discount to motivate the major exchanges. This will make it possible to implement the maximum number of 3 524 578 tokens.
The second stage is a preliminary ICO, which will allow to buy a maximum of 3,524,578 tokens at a 21% discount, while the ICO, which will be held with a reduction in discounts, will have access to 7,881,196 tokens.
The peculiarity of carrying out Token Sale in a secure method of buying tokens is that it supports only ETH. The minimum amount to participate in pre-ICO is 1 ETH. It provides accessibility to the community.
The current PHI can be purchased in exchange for ETH for the following date: Start of Pre ICO March 3, 2018.
The duration of the preliminary ICO is five days (until March 8).
Start date of PHI Tokens ICO.: March 8, 2018.
The duration of ICO: thirteen days (until March 21).
The Soft cap of the project is at $ 1 million, the shortfall of which will lead to a return of funds to investors. Hard cup is $14.930.352.
The minimum amount of participation in the ICO is not established, which is associated with certain risks of the project. The total number of PHI tokens produced is 24.157817,00З
PHI Tokens will have three basic preparatory functions to increase the value of PHI tokens over time. More information about the PHI Token system can be found in the technical document of the project company.
Token distribution:
- Among the population — 61,8%;
- Airdrop in 6 months for investors only — 3.4%;
- Only for management (employees and advisers)— 11.1%;
- Business development — 23,6%.
- Platform development — 30,1%;
- Marketing — 18,6%;
- Business Development — 30,1%;
- Legal expenses — 2,7%.
Crew
A small but experienced team of experts has a great responsibility to develop the PHI project. The company's board will consist of three people, Daniel Bernardi, CEO of the company, Francesco Canella - financial director and Alex Vella – operation officer.
The implementation team of PHI Token has several well-known personalities in the structure that have acquired international experience, some of which unite DIAMAN partners as employees after the ICO. Among them, Paolo Tasca is a Digital Economist, an expert on digital innovation with salient expertise on Blockchain technologies, which is the founder and executive director of the Blockchain Technology Center at the University College London (UCL CBT). In addition, Daniel Heller - an expert on FinTech and blockchain technologies.
Conclusion
The developers intend to transfer all the activities of the current SCF to the operating company Diaman Partners in order to invest funds from the sale of PHI Token for the development of a hybrid investment platform and related products. Such mechanisms of investing in active cryptocurrency strategies and professional funds will make it possible to become closer to the world of crypto-currency assets.
The first product presented by DIAMAN Partners is Securitization Cell Company for the securitization of Crypto-Assets operations, which will be placed on the Irish or English stock exchange.
The main implementation strategies are already ready and planned for June 2018.
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