What Is CrossHedge?
Cross Hedge is a next generation fund management platform that uses blockchain technology to make investments transparent, safer and affordable as compared to the existent infrastructure. Cross Hedge intends to provide and distribute diversified investment plans through the issuance of Stellar Smart contracts (SSC). This enables crypto assets to withstand the adversities associated with their high volatility. The price of the SSCs will be influenced by the returns from investments in both the financial markets as well as digital assets.
The business model of the Cross Hedge project is heavily reliant on technology, namely machine learning, statistical modeling and artificial intelligence. The data gathered using these techniques is used to generate predictions that form the basis of Cross Hedge’s investment options.
Inaccessibility And Rigidity
As of now, only the affluent can access wealth management services. This is due to the stringent regulations imposed. In some cases, investors are required to pay up to $1 million to get such services. Hence, most individuals resort to indirect methods of investing in hedge funds, or completely forego this idea.
Non-transparency And Illiquidity
Over the years, the wealth management sectors has undergone massive growth. Unfortunately, this growth has brought about several transparency issues. Moreover, most of these funds lack liquidity, meaning that investors cannot access cash immediately in case of an emergency.
Complexity And Diversity
The wealth management sector is certainly not short of service providers. The presence of multiple viable options, coupled up with the complexity of this space, often discourages new investors from delving into this industry.
Ineffective Marketing Strategy
Presently, a majority of advisors are using the wrong marketing strategy. Instead of focusing on the client’s needs, the priority is to sell investment products.
CrossHedge Global Investment Fund Management Advantages
Cross hedge is built on the Stellar Blockchain, a ledger that is renowned for its impenetrable security features, affordability and scalability. Notably, Stellar was specifically designed for business applications.
Thanks to the integration of AI, Cross Hedge project is applicable currently as well as being future proof.
Since all transactions are validated by smart contacts, they are automatically secure, unalterable and instantaneous. In this regard, withdrawal requests are process instantly.
Cross Hedge is one of the first crypto projects to be regulated by relevant authorities across Europe.
CrossHedge XML Token ICO Details
Cross Hedge intends to organize an ICO crowdfunding event where it will issue CROSS tokens. The CROSS token is based on the Stellar Blockchain and is operated using smart contracts. Cross Hedge will mint a maximum of 1,000,000,000 CROSS.
Parameters Of The ICO
- Early bird stage: 22nd May 2018
- Presale start date: 10th September 2018
- Presale end date: 9th October 2018
- ICO start date: 10th October 2018
- ICO end date: 10th November 2018
- Soft cap: $5,000,000
- Hard cap: $85,000,000
- Accepted cryptocurrencies: XLM, BTC, ETH
- Accepted fiat currencies: all via PayPal, USD and EUR via Swift
Distribution Of Funds
The proceeds from the token sales will be distributed as follows:
- 30% – payrolls
- 20% – business development
- 20% – technological development
- 10% – legal expenses
- 15% – capital for investment
- 5% – operational costs