PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are

source: Bitcoin News

2017. Jun. 20. 19:00

PR: How Ethereum Is Used in CTFs (Coin Traded Funds) and What the Benefits Are

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Thanks to blockchain technology and the rise of cryptocurrencies, investment scenarios are changing. The world economy as we know it has turned into a hybrid where the money flows into cryptocurrencies, and is used either to support projects built on decentralized platforms or for the mere purpose of making a profit. The world used to associate blockchain technology with Bitcoin, but things changed when Ethereum entered the scene.

Blockchain technology and Ethereum

Better described as an open-source platform that uses blockchain technology, Ethereum enables developers to make their own decentralized applications. The main difference between Bitcoin and Ethereum is the purpose. The latter focuses on managing the programming code for any type of decentralized application. The official Ether coin is mined, like Bitcoin, but this will be changed to a less power consuming method. This type of token nurtures the network, Ether being used to pay for different transactional fees and services available on the Ethereum network.

The capabilities of the Ethereum blockchain are immeasurable. One of the most notable is that it can be leveraged to build smart contracts. But it’s a type of contract that self-executes – it is a standalone contract that handles management, performance, enforcements, and payment features all by itself.

How Ethereum is used in the CTF

Stock investing suggests that passive funds may have an advantage over long-term actively managed funds, especially since most investors seek steady returns and low volatility. Due to a decreased turnover, passive funds feature lower transactional costs. At this point, there’s no cryptocurrency index available, meaning that passive funds can come up with their own investment policy. ETFs have increased tremendously in popularity, becoming the number one investment medium for individual and institutional investors operating in the financial domain.

However, a CTF (Coin Traded Fund) might change things completely. At this point, ETFs hold more than $2.6 trillion in assets at a global scale. They’re listed on different exchanges that keep increasing, compelling investors to integrate ETFs into their investment portfolio. Can blockchain technology compete with the world’s most powerful exchange traded funds? Maybe.

What we know thus far is that The US Securities and Exchange Commission (SEC) received a proposal from the EtherIndex Ether Trust to approve an exchange-traded fund for Ether. After being declined, a new notice highlights that the SEC started another debate earlier this year. Investors are attracted by ETFs because they’re easily tradeable. This makes them appealing to those that want to either buy or sell units of their funds.

The potential creation of a CTF index

Traditional ETFs centered on tracking indices don’t exist. However, with the development of a CTF as an index, the Ethereum blockchain will be able to leverage Ether and all of its benefits. The platform is currently used to craft applications across a wide range of industries. This is still unchartered territory, meaning that we can’t know for sure which projects will fail, and which will succeed.

The Token Fund is a brand new project developed on the Ethereum blockchain with great potential to succeed. The focus of the fund is to find solutions that enable the independent infrastructure of today’s economy through:

? Decentralized exchanges ? Data & storage communications ? Decentralized computation ? DAO & smart contract frameworks ? Identity protocols ? Prediction markets ? Investment solutions ? Reputation systems ? Social networks

The Token Fund packs 3 key elements: smart contracts on the Ethereum blockchain, user-targeted website, and a backend server for asset management. As soon as an investor’s portfolio structure rules are in place, the rebalancing rules are defined. The Fund enters the dynamic stage, moving prices and influencing value. As new currencies are added to the fund, a proposed weekly/monthly rebalance is set into place by the fund’s managers who reset the investment fund structure based on predefined rules.

With an astounding growth of +301.13% in US dollars since launch and 2 million dollars of assets under management, in spite of being new to the crypto-investment industry, The Token Fund’s TKN value has already skyrocketed, meaning that it has managed to grab attention and stand out among enthusiastic cryptocurrency fans and savvy investors.

Press Contact Email Address petrova@thetoken.io Supporting Link thetoken.io

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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