A.O. Fund update
A.O. fund (#xtao, #tao) is part of a project help minnows of steemit invest in stable digital futures.
The fund will pay dividends annually based on your investment, funds can be removed anytime but will only pay for each year your stake remains in the fund.
This fund is scaleable and the amount of total available shares may grow by a proportional factor of how much is invested. Initially 100 shares are available, each one of these shares represents a share of half of one percent of the value managed by #xtao, the fund may grow or remain relatively exclusive but fair dividends and a transparent periodical holdings report are two things you can rely on with #xtao. If more than 1,000 investors join or the fund grows to larger than $100,000 I will create a crypto coin token to publicly trade the fund.
The next time shares will be offered will be on Monday January 15th at 10PM UTC
Check back with my account at that time to buy into the fund, shares will be priced accordingly in sbd and offered for 60 minutes so long as sbd prices are stable.
This is a list of the current holdings of the #ao fund
BTC Bitcoin 0.00000332
ETH Ethereum 0.001095221
BCH Bitcoin Cash 0.01000000
XMR Monero 0.00300000
ATM ATMChain 100.00000000
BCN Bytecoin 6.40405000
BTCA BitAir 1200.00000000
DIM DIMCOIN 10.00000000
DOGE Dogecoin 904.67630057
ETC Ethereum Classic 0.00005760
LOC LockChain 1.00000000
MNE Minereum 1.00000000
NGC NAGA Coin 0.30000000
REP Augur 0.00041799
SBTC Super BTC 0.01400020
STORM Storm 100.00000000
TRX TRON 100.00000000
XDN DigitalNote 100.00000000
Other #Xtao fund holdings/investments
10 h/s xmr for life
- 500 kwhrs/year of selective alt-coin mining
I proposed something similar.
https://steemit.com/crypto/@brayias/let-s-start-a-social-economics-foundation
I would not mind your opinion.
Its a similar concept and I like it, maybe we can team up.
The difference in it and what I'm trying to do is I want to provide a fund based in stability and conservative investments in which I don't care about how much the measure of the shares growth in value but that they grow consistently.
With the markets taking off like they have been I would not be surprised to see shares of my fund #xtao grow over 100% in a year but the point is I'm not shooting for maximum profit and over time I plan to invest equally in the mining and crypto asset sections of the industry.
Thanks for sharing your post @brayias!
Edit: The key that we are after on a large scale is the transparent infrastructure and information that other crypto funds or websites wont give you leaving you vulnerable to the drawbacks of high frequency trading.
I have a bit of education to go before I could have a positive input into the crypto and platform side of things, I have a very basic understanding in that area. Buy if you feel there might be a spot for my input in some manner I would be delighted to share thoughts.
I will definitely keep you in mind, do you have any programming experience?
...I'm asking for other projects.
If you really want to be a part of this fund and weigh the best investment options as a community here on steemit I recommend you purchase a share when they are offered next week.
I am not much more then thoughts of solutions in the real world. Programming and the tech things are years younger then me.
The finances to invest I have not accumulated as yet, .002 bitcoin is my mass wealth.
The advantages of buying into this are;
The investor is responsible for for all inherent risks involved in investing in crpyto-currency. Your deposit of sbd may not be available for immediate withdraw should you want to terminate your contract. By purchasing a share in #xtao you agree to have #xtao manage your sbd for a minimum of 1 year. Dividends will be paid regardless of the renawal of the contract. #xtAO0001a
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