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what is Trakx doing ?
Trakx is building the first Crypto Tracker solution
What are Crypto Trackers?
Crypto Trackers are ERC20 asset-backed tokens that change proportionally to the percentage change in their benchmark, multiplied by a potential leverage factor, for any given day. Thanks to daily reset, CTIs have a compounding effect, whereby losses and gains from each period affect the base from which the next period's returns are calculated. Each Crypto Tracker will be its own ERC20 token, and can be stored on Ethereum wallets as well as traded on Trakx.io.
This project will be successful for three reasons
- A good team of developers,
- A well-formed business plan,
- Full transparency and Openness of the project.
'' These factors are the key to success. ''
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