FITX ICO: First Investment Token For Stock And Crypto Markets?
FITX is the first investment fund in the world whose mission is to assist people in the safe investment of their assets in the cryptocurrency market. The platform has its basis on a unique index strategy that uses two markets; the stock market and cryptocurrency market that are independent and has a total investments capitalization of up to twenty trillion dollars.
FITX is considered the safest cryptocurrency investment funds with the highest stability in the market since it hedges 90% of the funds safely in the stock market. This improves its safety and minimizes risks that may arise due to the high volatility of the cryptocurrency market and increases the profitability of the funds in the securities market, which is considered much more liquid and stable.
FITX utilizes the usage of its own algorithm, based on the probability theory and artificial intelligence that helps the platform in the selection of the companies that are most promising in terms of growth in investment among the 1500 crypto assets available.
Up to 60% of the income acquired from FITX is reinvested into the platform's portfolio. This increases the capitalization of the entire fund as well as increasing the value of the token. The platform uses investment strategies of three different types in order to achieve this feature. The FITX token contains reserve functions due to the usage of the long-term strategy and the fundamental approach to investments by the fund. This allows investors to not only increase their capital, but also save it in the process.
The FITX tokens are the utility tokens of the fund in which the investors of the fund can purchase during the company’s Initial Trading Offer (ITO). The funds received from the investment are then distributed among the platform. The benefits accrued by investors from being token holders include protection from capital loss and gaining independence from the cryptocurrency market.
Benefits of FITX
The platform uses a unique strategy that helps it acquire a number of advantages in the end, compared to index funds and classic hedging. The main goal of the platform is to make sure the profits accrued in the end are stable.
The new approach in investment by the platform allows it to avoid depending on the cryptocurrency market anymore. It uses unique and new strategies that give maximum protection to its investors.
The priority objective of the company is to increase its value through stable growth, which it achieves through the company buying back tokens regularly.
Growth in token value
The fund reinvests 60% of all profits it acquires into the portfolio. This increases the fund capitalization. The distribution of the funds will be such that it is supplied proportionally to the buyback tokens, the expenses, and the reserve fund.
Parameters of the ICO
- Token symbol: FITX
- Token sale date: Q4 2018
- Accepted payment methods: ETH,WAVE, BTC
- Total token supply: 3,000,000,000 FITX
- Hard cap: 10 000 000 USD
- Soft cap: 5 000 000 USD
- ICO: 2,690,000,000 FITX