It is always exciting to see cyrptocurrencies and projects fill parts of the market which are in much need of invigoration. When these projects can also seem familiar to traditional investors, and thus entice new capital into the cryptocurrency ecosystem, the better. Our sponsor at Aaress Fintech Inc is excited to announce an ongoing ICO for their token, AIOcoin (All-in-One), that they hope will tap into this part of the financial world.
When Fund Managers and Cryptocurrency Experts Collaborate
AIO is an ethereum based token created by the Hong Kong registered Aaress Fintech Inc. The company is run by professional fund managers and cryptocurrency experts who have a passion for innovation in FinTech and want to bring blockchain technology into various parts of financial world.
The AIO coin itself will act like a stake in a traditional hedge fund. Tokens will be representative shares of the entire pooled value of the fund. The idea is to harness the potential rewards of the very in-demand cryptocurrency markets while attempting to mitigate as much risk as possible. This is where the team found inspiration for the token’s name, All in One, because owning an AIO token is similar to holding a share of all their coins and tokens in one convenient and manageable place.
Token Value Calculation and ICO
There are a limited number of tokens during their ICO and the offering is only running for just over twenty more days -at the time of writing-. Initially, AIO coins will be sold at a rate of $1 per coin. However, based on the fund’s overall worth that number will go up or down with time. ICO participants can purchase AIO tokens with Bitcoin, Ethereum, Ripple, and Litecoin.
With the funds from the ICO, the project will purchase the ten most highly traded cryptocurrencies on the market today. Based on how these assets perform overall, the value of AIO coin -or shares of the portfolio- will rise or fall. This provides investors to take part in the increasingly popular cryptocurrency market without needed to worry about the performance of one asset or the various developments which may affect price. Since these ten tokens’ prices and volatility are – mostly – independent of each other, if one or two assets are performing poorly then it is possible that the other assets offset that poor performance in the portfolio. The formula for calculating the value of each token is easily understood as well: value of AIO coins is equal to the fund value divided by the numbers of tokens sold. Simple.
Funds raised during the ICO, the portfolio’s composition, and future holdings will always be a matter of public record through their official site. This way everything remains transparent and participants can see the funds for themselves.
For those interested, check out their site here: https://www.aiocoins.io/home
They have an informative video which can be found here: https://www.youtube.com/watch?v=s7N2Kr4vBkU
This is not investment or trading advice, it is imperative that you always conduct your own independent research.