HTR is the native asset of the Hathor Network, a distributed ledger platform that combines the blockchain and DAG data structures
Hathor features merged mining with Bitcoin and Litecoin
HTR/BTC pair goes live on KuCoin
The popular KuCoin cryptocurrency exchange has added a new trading pair for HTR, the native asset of the Hathor Network. In addition to the HTR/USDT trading pair, KuCoin users can now also trade HTR against Bitcoin.
As a relatively fresh blockchain project (the Hathor mainnet launched in early 2020), the HTR/BTC listing will go a long way towards ensured that the HTR markets are easily accessible and sufficiently liquid. In January, KuCoin became the first major cryptocurrency exchange to list HTR.
The pair is already seeing some solid activity, despite only launching yesterday – HTR/BTC saw $382,000 worth of trading in the last 24 hours. For now, the HTR/USDT pair on KuCoin is still more popular, as it saw $2.5 million worth of trades in the same time period.
Hathor combines the blockchain and DAG data structures
Hathor is a distributed ledger platform that employs both a blockchain and a directed acyclic graph (DAG) in its design. The network is maintained through Proof-of-Work consensus, and is merged mined with Bitcoin and Litecoin.
Thanks to its unique design, Hathor provides very quick and feeless transactions. The platform also features a very straightforward process for issuing custom tokens, which is one of the most widely used features of blockchains today.
Hathor will also Nano Contracts, which the project describes as a simplified version of smart contracts. These Nano Contracts can determine how assets on the Hathor Network will be distributed among different users at a later point.
According to the Hathor roadmap, the project is currently working on implementing this functionality, and plans to implement extended Nano Contracts capabilities in the third quarter of this year. In the same quarter, the Hathor team also plans to introduce NFT support to the Hathor Network.
HTR has been able to ride the cryptocurrency market’s positive momentum, and the coin has produced substantial gains as of late – in the last 30 days, the token is up about 227%.
TheFutbolCoin (TFC) token aims to provide a means of financial support for disparate organizations within the football ecosystem
23rd February 2021, Vaduz, Liechtenstein — Bittrex Global GmbH will be listing the TheFutbolCoin (TFC) cryptocurrency on its digital asset exchange. TFC is a high utility token that is interwoven with TheFutbolApp (TFA) – a gamified social network themed around football / soccer. TheFutbolApp, launched in September 2019, is growing organically at the same rate as Twitter in its early days and has a current play store user rating of 4.8★ out of 5★. TheFutbolApp only accepts TFC for advertising.
TFC and TFA appeal to all elements of the football ecosystem: 3.5+ billion fans world wide, supporting merchants/businesses, football players, professional football clubs big and small and recreational / amateur football clubs. TFC enables the sharing of the digital wealth of football with its participants, primarily the football fan.
TheFutbolCoin’s utility is so high and diverse that it is already accepted by more than 20 different types of businesses for goods and services. These include KFC, Farmer Boys, burger & other restaurants, coffees shops, convenience stores, car washes, tattoo parlors, hearing aid centers, nail & hair salons, gymnasiums, motorbike & car sellers, creative agencies, electronic supplies and more.
Prior to the Bittrex Global listing there are already more than 150,000 unique TFC wallet holders in less than 18 months with hundreds of thousands of transactions. TFC and TFA plan to significantly increase their geographic economies in Europe, USA, Africa and Asia.
“The COVID-19 pandemic has been particularly hard on everyone both psychologically and economically. This includes football fans, clubs, players and all that are associated with football. More than 3.5 billion football fans globally have the uplifting, fun opportunity to join TheFutbolApp community and enjoy TFC’s sharing of the digital wealth of football, the biggest and richest sport in the world” said Bittrex Global’s CEO Tom Albright. “Football clubs also have a significant economic opportunity to benefit from TheFutbolCoin and TheFutbolApp.”
“We are proud of TheFutbolApp and its high utility TFC token. Our business model is explicitly to share the digital wealth of football via the TFC utility token with all participants in all continents of the world” said Steve Van Zutphen, CEO and founder of TheFutbolApp. “We believe in community, breaking barriers and bringing millions of people together in an uplifting, inspiring and sustainable fashion. We hope and expect to make a significant difference for football clubs and millions of football fans world wide.”
The football industry is a multibillion-dollar industry supported by billions of people around the world; however, the impact COVID-19 has had on traditional sources of revenue has been considerable, particularly for people providing support and auxiliary services to the industry. TheFutbolCoin aims to provide an example of how communities and specific industries can band together and provide a decentralised economic network dedicated to football fans around the world.
About Bittrex Global
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world, where customers can access exciting new products. Built on Bittrex’s cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.
About TheFutbolApp
TheFutbolApp (TFA) is a gamified social network themed around the global sport of football. Through TheFutbolCoin (TFC) its high utility token, TheFutbolApp enables the sharing of the digital wealth of football with its participants, primarily the football fan.
Are you finding it hard to swim in the treacherous waters of the everchanging cryptocurrency markets? One week the crypto asset prices rise faster than the tide only to suddenly drop in a market correction the week after. However, corrections like this are completely normal in the cryptocurrency world. Although it might be hard to watch your coins devalue you have to endure through the red numbers too, if you consider yourself a die-hard HODLer. If you are a trader, however, you are probably going to stay out of the game during the bear market, short some coins or find the assets that are the most likely to oppose the general downtrend. And this is where articles from our Top Coins to Watch series come to play, as they showcase selected projects that are more likely to perform well in the week to come.
1. Cardano (ADA)
Cardano is a decentralized blockchain platform focused at creating a smart contract-enabled environment, on which developers can build decentralized applications. Cardano utilizes a Proof-of-Stake consensus model and aims to provide a more sustainable, scalable, and transparent operation compared to other smart contract blockchains. The project was started by Charles Hoskinson, a mathematician, who was once part of the Ethereum developer team. Cardano launched in 2017 and raised $62.2 million for its development through an ICO. The native asset of the Cardano blockchain is called ADA and the development of the project is overseen by three main organizations, the IOHK, Cardano Foundation and Emurgo, who are also aiming to implementing the principles of academic peer review into the project’s development process. The project just launched an update through a hard fork, which enables users to create new Cardano-native tokens.
“Mary” Hard Fork Brings User-Created Tokens to Cardano
Cardano, the most recent addition to the group of top 3 cryptocurrencies by market capitalization, conducted a successful network upgrade on March 1. “Mary”, the second out of three planned major network upgrades that must be deployed through hard forks, is now live and it allows users to create new tokens that run on Cardano natively, just like ADA. While enabling token creation is just one step on the path to full smart-contract functionality, Charles Hoskinson, founder of IOHK, has described the upgrade as “historic” in one of his video updates. Now that “Mary” has been deployed Cardano enthusiasts are already looking forward to the next major upgrade dubbed “Goguen” which will likely deploy full smart contract functionality to Cardano mainnet. Plutus and Marlow, the two smart contract languages that IOHK is development are currently still in the playground phase. Hoskinson noted that they will reveal more details regarding the Goguen at a Goguen-focused Cardano 360 event in mid-March. If everything goes well, Goguen could be ready as soon as Q2 2021.
In addition, Cardano is allegedly in a negotiation with a government of an unknown African country for a yet undisclosed substantial commercial deal. Hoskinson revealed that the deal involves bringing 5 million new users to the Cardano environment and that they are just waiting for the government of that country to make their final decision. Leaks and speculators suggest that the deal involves Ethiopia and its capital Addis Ababa, which has roughly 5 million inhabitants. Perhaps even more important than this African deal in terms of the short-term ADA price effect and market liquidity is the anticipated listing on Coinbase. ADA has reached the #3 spot in the ranking of cryptocurrencies by their market capitalization last week, but it is still not being traded on one of the largest U.S. exchanges – Coinbase. Therefore, the listing is merely a question of time. However, the details around it remain non-existent due to an NDA with Coinbase. As if that was not enough, Celsius announced they will be adding support for ADA in Q2 2021 as well.
In the last 12 months, ADA went from $0.05 to $1.47 on February 27, which is the current ADA all-time high price. This is an increase of almost 30x. While ADA has since corrected after reaching the top and is currently trading at $1.26, many believe that the asset is poised to surge higher as full functionality is yet to be deployed to the mainnet. Additionally, Cardano is seeing more and more projects migrating to their blockchain. One of the latest projects to confirm they will be running their services on Cardano too is the world’s first decentralized AI network SingularityNET.
Crypto.com (CRO)
Crypto.com is a Hong Kong-based crypto debit card issuer and cryptocurrency exchange, which aims to increase the usage of cryptocurrency as a payment method for everyday purchases. The company, which started out under another name – Monaco, conducted a token sale between May and June of 2017, which raised a total of $26.7 million. The platform’s native CRO token offers discounted fees on the exchange, higher earnings on Crypto Earn, loans with low annual interest as well as 100% rebates on streaming services (Spotify, Netflix, Amazon Prime) for the Crypto.com’s card subscribers.
Crypto.com Burns 70 billion tokens amidst the rising anticipation of the CRO Mainnet Launch
The Crypto.com exchange has recently revealed the launch date of their high speed and low fee blockchain dubbed the “Crypto.org Chain”. The fully decentralized blockchain, aimed to facilitate fast and secure payments, serve the DeFi space and allow the creation of NFTs is scheduled to go live on March 25, 2021. Furthermore, not a long ago, Crypto.com conducted a massive CRO token burn with an intention to fully decentralize the Chain network.
Crypto.com burned 70 billion tokens and only kept 5.9 billion, which will be used for mainnet block rewards and further ecosystem development. You can read more regarding the burn here.
As we all know, retail demand for crypto is at an all-time high, hence the demand for services should follow soon. And Crypto.com offers plenty of services that could appeal to a newcomer to the crypto space, such as the retail VISA cards with different tiers, crypto exchange with a fiat on- and off-ramp, easy staking, and plenty of benefits for CRO stakers. In fact, Crypto.com has already managed to double its userbase in the last 4 months, pushing the number of users above the 10 million mark:
🚀 We’ve surpassed 10 million users!
📈 2x our user base in 4 months, 10x revenue in 2020
Thank you to our amazing community 🙏 video credit: @skvillacrypto
To further boost userbase growth and trading volumes the exchange is currently holding a lucky draw, in which they will give away 4 Tesla cars. Users need to trade at least 100 USDT worth of BTC to be eligible to enter the raffle.
3. DODO (DODO)
DODO is the 17th project featured on Binance Launchpool. The DODO team strives to develop an open, accessible, and capital-efficient decentralized exchange. DODO will act as the governance token of the platform and have a few other features within the DODO ecosystem, such as staking.
DODO v2 Beta went Live on BSC but the Team is Already Planning new Improvements
The DODO v2 Beta went live on BSC on February 22, 2021. The improved version of the decentralized exchange features additional liquidity source aggregation, a crowdpooling asset issuance tool, a custom-ratio liquidity market creation machine (DODO Vending Machine), and liquidity pool solutions for professional market makers (DODO Private Pool). Additionally, the team have introduced a liquidity mining rewards program for the BUSD/USDT stablecoin pair on the BSC mainnet and announced that this is likely not the last liquidity mining reward program that they have set up. Furthermore, DODO v2 pushes the project one step closer to becoming a dual-chain solution, as the platform is looking to function on both the Ethereum blockchain and the Binance Smart Chain (BSC). You can find out more about the BSC launch in this blog post. In the days following the BSC launch, DODO took advantage of the DeFi and Binance ecosystem hype, which caused the token’s price to increase by over 300% from $1.80 to over $8.00. The token than faces a more than 50% price correction and dropped below $3.50 before slowly recovering above $4.30. The token has seen another smaller drop and a subsequent climb lately and is currently changing hands at $4.67.
KuCoin, an IDG-backed crypto exchange, announced that its leveraged tokens have been made available for beta test. The first batch of leveraged tokens to be introduced are BTC3L, BTC3S, ETH3L and ETH3S, and invited users will be able to trade the tokens in the KuCoin Sandbox. The feature will be officially launched in the middle of March.
Leveraged tokens are a new type of crypto derivative without any due date. Its trading experience is quite user-friendly as it’s essentially the same as trading in the Spot market. Compared to perpetual contracts on KuCoin Futures, traders of leveraged tokens can also amplify their investment returns with leverage. While the biggest advantage of leveraged tokens is that they will never be liquidated.
Take the BTC3L and BTC3S, for example. The underlying asset is Bitcoin (BTC) and both leveraged tokens have been applied with 3 times leverage. It means that when Bitcoin’s price increases by 1%, the net value of BTC3L will increase by 3%, whereas that of the BTC3S will drop by 3%.
KuCoin Global CEO Johnny Lyu stated, “As an innovative derivatives product, KuCoin Leveraged Tokens have unique features, such as zero margin fees and no risk of liquidation. With the launch of this service, KuCoin will give users easier access to more advanced investment tools. Next, KuCoin Leveraged Tokens will support more top coins like LTC and trending coins in the DeFi field or Polkadot ecosystem, complementing KuCoin’s ecosystem as a leading crypto trading service provider.”
As a derivative product that has been well developed in the traditional financial market, leveraged tokens are suitable for a large majority of crypto investors. The product is particularly tailored for investors who want to make a profit from the market volatility but do not want to bear the risk of liquidation.
Based on the example given by KuCoin, if the Bitcoin price rises 10% for four consecutive days, the theoretical return of BTC3L on KuCoin can be 185%, more than 3 times higher than the gains in the Spot market.
About KuCoin
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 6 million users in 207 countries and regions around the world. In 2018, KuCoin has secured $20 million in Round A funding from IDG Capital and Matrix Partners.
March 2, 2021 — Orion Protocol, the liquidity aggregator building a decentralized gateway to the entire crypto market, has revealed Binance Smart Chain (BSC) as the latest chain to be integrated into the protocol, with more chains to be announced in the coming weeks.
Phase One of Orion Terminal launched on Ethereum on Dec 15, granting users access to the liquidity of major centralized exchanges such as Binance, KuCoin, and BitMax without the need for an account on those platforms. With a full public launch slated for the end of March, incorporating Binance Smart Chain will benefit Terminal users principally through reduced costs and increased transaction speeds.
“As a decentralized gateway to the entire digital asset market, we have always been chain-agnostic,” said Orion Protocol CEO Alexey Koloskov. “Expanding to Binance Smart Chain and other blockchains is a natural move for Orion Protocol, as it gives our users more freedom to transact across the crypto sphere.
“Binance Smart Chain has attracted huge interest since launching last September, from projects and from end-users. With transaction fees a fraction of what you’d expect to pay on Ethereum, and a familiar user experience, BSC is making life easier for cryptocurrency traders. At Orion Protocol, we have plans to become a validator on the BSC network to take a more active role in its advancement.”
The implementation of the Binance Smart Chain into the Orion Terminal is already underway, with the latest updates to the Terminal set to be live imminently. Orion’s expansion to BSC promises to halve wait times for off-chain order execution and on-chain order settlement.
Orion Protocol will provide decentralized access to all major digital asset exchanges on the market, including centralized exchanges such as Binance and decentralized alternatives like Uniswap. Through Orion Protocol, users can access thousands of trading pairs at the best possible price, with near-zero slippage. They also get to trade across the entire market from the safety of their own wallet.
The Orion Protocol team is continuing to work on the implementation of the Elrond blockchain and smart contracts, with a number of other chains to be announced in the coming weeks. While many multi-chain aggregators require end-users to select the separate chains and trade on the tokens available on that chain, the multiple chains integrated into Orion Terminal remain in the back-end for a seamless user experience more akin to that of a CEX – but without surrendering your assets.
About Orion Protocol
Orion Protocol aggregates the liquidity of the entire crypto market into one decentralized platform and represents a non-custodial gateway to crypto for traders throughout the world. In addition, the Protocol will offer private banks, wealth managers, and funds a compliant and non-custodial point of access to the digital asset crypto market. With the ORN token at its core, Orion has developed 17 different revenue streams across its stack of solutions.
A user from the online platform Substack says he has found the old Twitter account of Satoshi Nakamoto.
The user believes there are some connections between this anonymous old Twitter account and the mysterious founder of Bitcoin.
A user from the online platform of Substack believes that he has accidentally found the anonymous BTC creator’s old Twitter account. The mentioned user is called Varun, and he thinks an old account named Goldlover has some strong connections to Satoshi’s behavior at that time. The old Twitter account had many tweets regarding gold. Varun speculates that the word “gold” in these tweets refers to digital gold. One time, the account owner pointed out that all fiat currencies depreciated throughout history.
The tweet about the depreciation of fiat was published one day before the revolutionary whitepaper
The mentioned tweet about the devaluation of fiat currencies was written on 30 October 2008. It is precisely one day before the publication of Bitcoin’s whitepaper. Decentralization, financial issues, and the necessity for improving the fiat system are among the favorite topics of Goldlover. Some users are speculating that these subjects are related to the insight of enigmatic Satoshi Nakamoto.
The account displays a massive amount of tweets regarding gold, and at one point referred to a Digital Gold Currency before the release of that famous whitepaper by Satoshi. After the public announcement of Bitcoin, Satoshi talked about all of these topics in forums and other places. Varun says no account except the account from late Hal Finney talked about Bitcoin in 2009, and these are vital clues to consider the Twitter account as the old Twitter account of the secretive Bitcoin creator.
Varun referred to two strongly related tweets from Finney and Goldlover in 2009, and he thinks the shreds of evidence are enough for a conclusion about the owner of the old account. Varun feels that Satoshi has utilized the anonymous Twitter account for expressing his ideas, and Nakamoto was coding Bitcoin at that time.
The research from Varun has attracted many users to the account, with some of them thanking Satoshi for revolutionizing the world. In his blog, Varun is encouraging others to research the topic as well.
Rumors are floating around that the SEC is looking into Elon Musk’s tweets about Dogecoin
Elon Musk has had trouble with the SEC in the past
First Squawk, a news service for traders, recently cited “sources familiar with the matter” as saying that U.S. securities regulator SEC is looking into Elon Musk’s tweets about the Dogecoin cryptocurrency. It’s no secret that Elon musk’s frequent featuring of Dogecoin has had an impact on the DOGE markets – with over 48 million Twitter followers, Musk’s tweets have a massive reach.
Elon Musk had previously already been investigated by the SEC because of his social media activity. In 2018, Musk said in a tweet that he was considering taking Tesla private at $420 per share – since the company’s shares were trading at a lower price, some investors saw this as an opportunity to buy.
In the end, the two parties achieved a settlement, and Musk and his company had to each pay a $20 million fine. As a part of the mentioned settlement, Elon had to resign from his position as the chairman of the board. It was likely that Musk wanted to pay Tesla’s fine as well. Musk decided to buy $20 million of Tesla’s shares, as he couldn’t pay the fine directly on Tesla’s behalf. Musk eventually even made money from the agreement due to the price increase in Tesla s stocks.
SEC accuses Musk of Dogecoin market manipulation this time
Musk seems to have developed quite an interest in cryptocurrency, and Tesla even purchased $1.5 billion worth of Bitcoin earlier in February. Even before stating that he is a supporter of Bitcoin, Musk often made comments about Dogecoin, a cryptocurrency that was created as a light-hearted parody of Bitcoin. Musk has also talked about launching mining rigs for the meme crypto coin with his children. While Musk’s mentions of Dogecoin most often come in the form of memes and jokes, they can still have a noticeable impact on the DOGE market. Now, according to First Squawk, the SEC is concerned about Musk’s tweets on Dogecoin.
However, Musk does not seem to be concerned. In a response to a tweet about the SEC’s rumored investigation, he responded: “I hope they do! It would be awesome”.
Wolfram Blockchain Labs (WBL) and TQ Tezos are proud to announce the integration of Tezos to WBL’s distributed ledger technology (DLT) platform. The Tezos blockchain is now fully integrated into the Wolfram Language and Wolfram|Alpha, giving easy programmatic access for developers working on blockchain analytics and computational contracts.
WBL and TQ Tezos have also developed an oracle to provide Wolfram Alpha data to Tezos smart contract developers. Additionally, TQ Tezos has utilized Nomadic Labs’ Mi-Cho-Coq formal verification framework to ensure that the oracle contract exhibits the same predictable behavior each time it is called.
This collaboration is the latest in WBL’s growing suite of functionality for blockchain reading, writing, and analysis. WBL now hosts Tezos nodes in their high-performance cluster, providing direct connections for smooth Wolfram Language integration on desktop (Mathematica) and cloud (Wolfram Cloud). Wolfram has long had a particular focus on enabling oracles and smart contract services, which are made much more secure on Tezos via formal verification.
The goal of the pairing is to provide developers using the Tezos blockchain with a simplified path to smart contract deployment. In addition, Wolfram’s expansive knowledgebase and algorithmbase (which power Wolfram|Alpha) can reliably deliver computational facts for oracles on Tezos. This opens up a range of new, secure functionality that can be easily incorporated into blockchain applications.
WBL has long had a particular focus on enabling smart contracts, which are made much more secure on Tezos by more easily facilitating formal verification. Formal verification is a process that proves the correctness of properties of a smart contract to help mitigate the risks of bugs and other vulnerabilities. WBL collaborated with TQ Tezos to build up Wolfram Language support for advanced functionality, making Tezos integration an easy and intuitive part of the Wolfram system.
Johan Veerman, CTO of WBL, said, “Tezos is an exciting third generation blockchain that features a number of services and functions that will expand what’s available to our developers. We’re thrilled to work with TQ Tezos on bringing the WBL ecosystem of tools to the Tezos blockchain.”
To get started using Tezos via Wolfram tools, start your free trial of Wolfram|One.
About Wolfram Blockchain Labs
Wolfram Blockchain Labs provides distributed ledger technology ecosystems with the tools necessary to assist in the development of a wide variety of smart, contract-based applications. Wolfram Blockchain Labs is the DLT-focused subsidiary of Wolfram Research, Inc., creator of Mathematica, Wolfram|Alpha and the Wolfram Language. Wolfram is the leader in developing technology and tools that inject sophisticated computational intelligence into everything.
About Tezos
Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. To learn more, visit Tezos.com
The future of cryptocurrencies looks bright as an increasing number of investors are looking for alternative investment opportunities, but many remain hesitant because of the market’s extreme volatility. Crypto10 Hedged is an index fund that allows investors to own a portfolio of the top 10 cryptocurrencies with a single token (C10) while mitigating risk and volatility through its dynamic cash hedging algorithm.
C10 has performed exceptionally well since its inception in 2019, with the fund’s assets under management recently surpassing $8.5 million on the back of a red-hot rally for cryptoassets over 2021 to date, with the fund outperforming Bitcoin over the period. The dominant cryptoasset, Bitcoin, has seen tremendous growth over the recent bull run, surpassing its previous all-time high of $20k by over 150% to $52k. Alt coins such as ETH have yet to reach quite the same level of outperformance relative to their 2018 highs, however, they have been staging an impressive resurgence off the back of Bitcoins rally, contributing to the C10 fund’s performance.
The C10 fund follows a passive strategy with medium- to long-term investors in mind. It is the ideal option for those who are more risk-averse and looking for an all-weather approach to investing. The fund helps investors ride trends effectively – taking advantage of cryptocurrencies’ rapid price appreciation during bull markets, but reducing exposure during bear markets by increasing its cash position.
The index fund comprises the top 10 cryptocurrencies by market capitalization, which rebalances weekly – a frequency optimized by our quant team to enhance returns by locking in profits from surging assets, and similarly reducing exposure to assets in free-fall. There is also a cap of 15% per asset, which ensures further risk mitigation by preventing single cryptocurrencies from dominating the portfolio.
The weekly rebalancing process takes the dynamic cash allocation into consideration. By allocating cash weekly, the algorithm has the flexibility to be responsive to market movements. The fund is able to allocate up to 100% exposure to yield-bearing cash during periods of market drawdown, which effectively hedges the fund from this downside volatility. When the market stabilizes, the fund is reinvested into cryptocurrencies. This strategy is one of the main factors which makes the Crypto10 Hedged fund a safer investment – allowing investors peace of mind that is not typically associated with crypto investments.
The Crypto10 Hedged investment fund is open-ended and accessible via the Invictus Capital Investor Platform, which has the advantages of convenience and complete transparency. Investors do not have to trade through an exchange, and liquidity is available at any time to enter or exit the fund.
To invest in the Crypto10 Hedged fund, investors will follow a similar subscription and redemption process to that of traditional mutual funds. To buy the C10 token, you can visit the newly-redesigned Invictus Capital Investor Platform. The NAV of the fund is displayed in USD and is updated in real-time.
Frequently Asked Questions
Which data science techniques are used to rebalance C10?
C10’s cash allocation is rebalanced weekly by using a proprietary machine-learning algorithm that underwent extensive backtesting. Apart from the main parameter, which is the total market cap, it considers many factors in portfolio construction such as mean-variance through correlations paired with risk parity analysis. The algorithm is also set up to consider specific inputs from the in-house Invictus Capital analyst team for qualitative traits. Lastly, it uses various market indicators to determine cycles, momentum and technical signals to determine optimal cash weightings. It is continuous in the learning process, continually comparing realized and forecasted performance.
What are the fees?
Ongoing costs include a 1.7% fee per annum for management, administration and custody. These are always reflected in the C10 token price displayed. A 0.5% fee applies for each subscription and redemption, to protect against scalping and arbitrage.
Which currencies can you use to invest with?
Investments into C10 can be made with Bitcoin (BTC), Ethereum (ETH), DASH, TrueUSD (TUSD), Tether (USDT), Mastercard, VISA or bank transfer. No minimum investment applies.
How to redeem my C10 tokens?
C10 tokens can be redeemed for their total value in ETH through the Investor Portal. The C10 smart contract holds liquidity for redemptions which are processed hourly. A forward-pricing model is used.
What are the smart contract details?
C10 is an ERC-20 token issued on the Ethereum blockchain. The smart contract address is 0x000C100050E98C91f9114fa5Dd75CE6869Bf4F53, and there are 18 decimals. For further questions or more information, investors can talk directly to the Invictus Capital team on Discord or Telegram
