Greetings Community .. in my post this time I want to introduce about Tripterium T50 project, Let's just we start:
Introduction
Last year witnessed a shift of approximately a third of a trillion dollars from actively managed funds into index funds. That means in the United States, a massive $350 billion moved straight into index funds. Ever since index funds were created in the stock market, they have consistently outperformed the average managed fund. They have lower charges than managed funds.
Warren Buffett, the billionaire investor consistently recommends low cost index funds. In 2007, Warren Buffett made a bet with Protégé Partners, a US based Investment Company, which specialises in investing in hedge funds. The bet was that an index fund would outperform their choice of managed fund. Warren buffet won the $1 million bet as the index fund outperformed Protégé Partners selection of hedge funds.1 As blockchain technology matures, the Tripterium T50 Index fund will simply harness the power of the markets to deliver healthy returns. At the time of writing, the total market cap of the crypto market has been fluctuating around $400 billion2 . This might seem a lot, but when you take into consideration the size of other financial markets it really is not. The dot com bubble at its peak was a $3 trillion market, gold is a $7.7 trillion market, the global stock market is a $73 trillion market, the global real estate market is a $217 trillion market, and the derivatives market is a $544 trillion market. There is room for exponential growth in the crypto market. Only 1% of the world’s population own cryptocurrency. Blockchain technology can solve dozens of previously intractable problems, like digital identities, supply chain integrity, data breaches and many, many more.
The use of blockchain technology within society has been exponentially increasing since it was introduced to the world in the whitepaper written by Satoshi Nakamoto3. The first use of blockchain technology was bitcoin. According to Gartner Insights, blockchain, the driving force behind the crypto market is estimated to grow in business value to $3.1 trillion by 20304 ]. The age of blockchain technology is just beginning.
Efficient-Market Hypothesis
The efficient-market hypothesis (EMH) is a theory in financial economics stating that asset prices fully reflect all available information. Therefore, the stock market incorporates all available information about a stock causing the stock to be correctly priced. A direct implication is that it is impossible to consistently outperform the market on a risk-adjusted basis since market prices should only react to new information.
The French mathematician Louis Bachelier was the first person to propose the efficient markets theory in his PhD thesis "The Theory of Speculation" in 19005. Eugene Fama, further developed the efficient market hypothesis arguing that the only way for an investor to outperform the markets is either by chance or by investing in riskier investments
Tripterium T50 has been structured to take advantage of the EMH theory. The T50 index fund will harness the power of the market to deliver returns, while the Venture Capital Feeder Fund will invest in riskier ventures in order to gain from the higher returns associated with them. This allows for Tripterium T50 to consistently outperform the market and benefit from the fastest growing market in the world.
Tripterium T50 Advantages
The Tripterium T50 fund has several benefits including but not limited to:
No exit fees
No broker fees
No advice fees
Benefit from the fastest growing market in the world
Free membership to the exclusive Tripterium Founders Club
Diversified exposure: Broad exposure to a diverse set of cryptocurrencies
Access great pre-ICO discounts and bonuses through the Tripterium Founders Club
Higher returns: index funds have consistently outperformed the average managed fund
Benefit from the concept of compounding interest, which increases the net asset value of the fund
Tripterium Venture Capital Fund: consistently injecting new money into the Tripterium T50 index fund
Institutional marketing: Tripterium T50 will be marketed to institutional investors, therefore increasing the T50 token price premium
Liquidation option: providing a price floor for the T50 token, ensuring that the T50 token does not fall beneath the token’s share of the net asset value of the fund
Free coins from hard fork: a cryptocurrency hard fork is when a single cryptocurrency splits in two. The value of the free coins will be put back into the Tripterium T50 index fund, increasing the net asset value of the fund
Liquidity: Tripterium T50 tokens are based on the ERC20 token standard that is secure, can be easily stored in any Ethereum wallet, and can be easily bought or sold. The ERC20 standard is supported by all the top cryptocurrency exchanges
Tripterium Founders’ Club
The Tripterium Founders’ Club is a unique standalone club that is dedicated to those who share our vision for Tripterium T50 and are optimistic about the crypto market, the fastest growing next generation market in the world.
Benefits of the Tripterium Founders’ Club
Access to exclusive ICO bonus and discounts
Priority access to upcoming Tripterium projects
Access to private sales
Access to pre-sales (That usually have very high minimum investment thresholds)
Early access to projects that the Tripterium Venture Capital Feeder Fund has invested in Free Membership to the exclusive Tripterium Founders’ Club will be given to:
Individuals who have participated during the Tripterium T50 ICO process This ensures that the members all share our vision about blockchain and the crypto market, the fastest growing next generation market in the world.
Tripterium T50 Fund
There are several components that make up the Tripterium T50 index fund, and one needs to understand each component.
a. Index Fund
Index funds aim to track the performance of a specific index. The value of the index fund will go up or down as the index goes up or down. Index funds typically have lower costs than actively managed funds because the portfolio manager doesn’t have to do as much research or make as many investment decisions. Even if two funds are of the same type, their risk and return characteristics may not be identical.
b. Active vs Passive Management
Active management means that the portfolio manager buys and sells investments, attempting to outperform the return of the overall market or another identified benchmark. Passive management involves buying a
portfolio of securities designed to track the performance of a benchmark index. The fund’s holdings are only adjusted if there is an adjustment in the components of the index.
c. Exchange Traded Fund (EFT)
An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. ETFs experience price changes throughout the day as they are bought and sold. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.
d. Closed End Fund (CEF)
A closed-end fund (CEF) or closed-ended fund is a collective investment model based on issuing a fixed number of shares which are not redeemable from the fund. Unlike open-end funds, new shares in a closed-end fund are not created by managers to meet demand from investors. Instead, the shares can be purchased and sold only in the market, which is the original design of the mutual fund, which predates open-end mutual funds but offers the same actively-managed pooled investments.
e. Venture Capital Fund
Venture capital funds are investment funds that manage the money of investors who seek private equity stakes in start-up and small to medium-sized enterprises with strong growth potential. These investments are generally characterized as high-risk/high-return opportunities. In the past, venture capital investments were only accessible to professional venture capitalists.
f. Tokenized Index Fund
A tokenized index fund is a new type of investment fund. The Ethereum blockchain provides a trust-less and transparent platform that allows tokens to be easily transferred. This removes the need for a third party to keep track of investment accounts and their investors. Using the Ethereum network, a token holder can trade their token with no entry or exit fee bar the transfer fee charged by the Ethereum network. The T50 tokens represent their share of the underlying assets within the fund.
Structure of the Tripterium T50 fund:
The Tripterium T50 fund is a passively managed, closed end, tokenized index fund, which includes a venture capital feeder fund to harness the power of the efficient-market hypothesis
The portfolio passively mirrors the components of the top 50 cryptocurrencies by market cap
Protection against the T50 token trading at a discount is provided by the liquidation option which creates a price floor for the token
Token Distribution
Investment in the Tripterium T50 ICO can be made in Ether (ETH) or Euros. Once the T50 ICO is completed, there will be no token creation, minting or mining.
ICO Details
ICO Token Distribution
Any unsold tokens will be held and sold slowly over time with the proceeds being injected into the fund, therefore increasing the net asset value of the fund. This will happen in a measured way to ensure that the price
of the T50 token is maintained. The disposal of the unsold tokens shall be at a price point that is at least 20% above the price paid by the ICO participants. The price paid by ICO participants will be determined using the highest Ether (ETH) price point between 15th June 2018 and the end of the ICO. Therefore, ICO participants will always have paid a lower price for their T50 tokens.
Token Distribution
Roadmap
From development to a next generation cryptocurrency index fund.
August – December 2017
Research
Testing the proof of concept for a hybrid cryptocurrency index fund that has a venture capital feeder fund
January – February 2018
Development
The team is put together
Created the portfolio hyper-parameters and criteria for the venture capital feeder fund February – March 2018
Smart Contracts Developed
The Tripterium smart contracts developed, along with back end functions
March – June 2018
Test Systems and Smart Contracts
Testing of autonomous trading system
Testing of smart contracts and back end systems
Perform security audit and consulting with industry experts and advisors
White paper released: May 18, 2018
Bounty campaign starts: May 21, 2018
June – August 2018
Public Token Sale
Stage One: (100% bonus) June 15, 2018 to July 26, 2018*
Stage Two: July 27, 2018 to August 31, 2018* *The team reserve the right to amend the dates as necessary.
After the End of the ICO Exchange Listing and Regular Fund Operation
Tripterium T50 tokens are unlocked on the day they are listed for trade on exchanges
Regular operation of the Tripterium T50 index fund begins
The Tripterium T50 Venture Capital Feeder Fund begins operating
The team host quarterly video performance calls to discuss performance and progress
Significant time and effort will be invested into marketing the T50 fund to Institutions Founders’ Club
Tesla Model X Winner Announced
Operation of the Tripterium Founders’ Club commences
The Tripterium Founders’ Club announces the winner of the Tesla Model X
Team
Advisors
PARTNERS & TECHNOLOGIES
Conclusion
Tripterium T50 is a hybrid tokenized, closed-end index fund (CEF), which passively tracks the top fifty cryptocurrency assets by market capitalisation with a 10% cap. Regular rebalancing mitigates risks and ensures that the portfolio consistently follows the index. A Venture Capital Feeder Fund invests in expertly-vetted early stage blockchain technology companies undertaking ICOs and returns profits to the Tripterium T50 index fund, therefore constantly increasing the NAV.
T50 tokens are Ethereum ERC20 standard tokens that can be transferred and sold on exchanges providing liquidity to the token holder.
Tripterium T50 has been structured to take advantage of the efficient-market hypothesis (EMH) theory. The T50 index fund will harness the power of the market to deliver healthy returns, while the Venture Capital Feeder Fund will invest in riskier ventures in order to gain from the higher returns associated with them. This allows for Tripterium T50 to consistently outperform the market and benefit from the fastest growing next generation market in the world.
If you are interested in Tripterium T50 project you can join soon and if you want to know more details about this project you can visit some links as reference source:
Website: https://www.tripterium.com/
Twitter: https://twitter.com/tripterium
Facebook: https://www.facebook.com/tripterium/
Youtube: https://www.youtube.com/c/Tripterium
Username BTT: Tejo_surty
Eth Address: 0xF9BC056454948A5D645c86708243A9C7d9578334
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