Hedge Token – HDG ICO Cryptocurrency Trading Project Platform?
Hedge Project is a platform built to protect your investments through various hedging methods. Read our Hedge Project review today to see how it works.
What Is Hedge Project?
Hedge Project is developing a platform that aims to help cryptocurrency investors hedge their investments.
The platform allows traders to hedge investments using products like “Crypto Traded Indices”, or CTIs, and other instruments.
Overall, the goal of the platform is to enable cryptocurrency investors to manage risk exposure.
Beyond hedging, Hedge Project is also in the process of launching a set of professionally designed indices for the cryptocurrency market – including indices that serve as a base for the construction of baskets of cryptocurrencies.
How Does Hedge Project Work?
How does Hedge Project plan to help users hedge their investments? Here are some of the strategies, products, and services available – or being actively developed – through Hedge Project:
Crypto Indices
Hedge Project claims to be developing the first commercial crypto indices with official rulebooks. Indices will include the official bitcoin price index, a list of the top 30 cryptocurrencies, and a crypto assets index. Defined methodology and an official rulebook will, according to the official Hedge Project website, “make these indices applicable as a benchmark for crypto market and to serve as a base for index-tracking instruments.”
Bitcoin Price Index (BTCCX):
The Bitcoin Price Index will be the “first commercial implementation of a single reference price of several BTC marketplaces that meet our eligibility criteria”, explains the official website. it aims to provide a weighted price of bitcoin across multiple exchanges.
Cryptocurrency Top 30 Index (CCX30):
This is a basket of the top 30 largest cryptocurrencies by market capitalization. The basket represents over 90% of the total market cap of the cryptocurrency industry, and it actively considers the prices across several exchanges.
Crypto Asset Index:
The above two indices are launching in September 2017. This index, however, isn’t scheduled to launch until Q1 2018. The index will be built to follow crypto assets with real-world utility instead of being used solely as a cryptocurrency. It specifically focuses on ICOs of tokens with non-monetary purposes, but works similar to the Cryptocurrency Top 30 index overall.
Crypto Income Index:
This index is scheduled for launch in Q2 2018. It’s designed to hold a basket of profit-sharing cryptocurrencies. These tokens were sold to investors with the promise of profit sharing. Hedge Project will hold a basket of these profit-generating cryptocurrencies to help investors earn money.
Index Instruments
These instruments will be tied to the value of an index. They’ll be available for trading. First, Hedge Project will introduce Crypto Traded Indices (CTIs), including the ones we listed above. Traders will be able to trade CTIs as they trade any asset. In the future, the company plans to launch derivative instruments, margin accounts, and the ability to take short positions.
Crypto Instruments Platform
Hedge Project is developing a platform that aims to be the “go to” marketplace for investors interested in crypto markets. The platform will offer access to baskets of cryptocurrencies and cryptocurrency indices like the ones listed above. It will also be designed specifically to be easy to use, with a user-friendly interface, colorful menus, and other beginner-friendly features.
One of the goals of Hedge Project is to open the cryptocurrency industry to a wider range of investors. The company aims to accomplish this through the development of platforms like their Crypto Instruments Platform.
The Hedge Project Token Sale
Hedge Project’s token sale is taking place from September 15 to October 15. The company is selling HEDGE tokens under the symbol HDG.
HDG tokens serve as utility tokens for transactions on the platform. Any use or listing of instruments will require use of HDG tokens. The company plans to periodically buy back HDG tokens.
There will be a total supply of 50 million HDG tokens, with 30 million tokens available during the crowdsale.
Tokens are priced at a rate of 0.002 ETH per token. Hedge Project has set a hard cap of $15 million USD in funding.
Any tokens not sold or distributed during the token sale will be burnt – so the total supply of tokens may be lower than 50 million by the end of the sale.
A bonus of 15% is available on the first day of the sale. Bonuses are available until day 10, declining from 15% down to 3%.
Hedge Project Features And Benefits
What makes Hedge Project superior to picking individual assets? Why would you purchase index funds instead of buying individual cryptocurrencies yourself? Here are some of the features and benefits outlined on the platform:
Market Exposure And Diversification:
CTIs allow you to quickly gain diversified portfolio exposure. This is important even when dealing with the top 30 cryptocurrencies in the world, as some of the smallest cryptocurrencies have low liquidity, which leads to high transaction costs.
Trading Flexibility:
CTIs can be bought or sold anytime. They’re being priced continuously, and investors can easily invest or divest selected asset classes within seconds.
Low Costs:
Hedge Project promises to offer low management fees, which means that the ultimate cost of investing in CTIs will be lower than investing in many different securities individually. Investors enjoy the benefits of large-scale diversification along with low transaction fees.
Single Access Point:
Cryptocurrencies are traded on a number of exchanges. Some cryptocurrencies aren’t available on certain exchanges. Hedge Project aims to solve this problem by providing a single access point.
Operation Transparency:
CTIs, according to the Hedge Project whitepaper, “will be managed in line with predetermined rules or even replicating the chosen index.”
Who’s Behind Hedge Project?
Hedge Project is led by Savo Lovsin (Head Project Manager), who worked for “one of the largest market-making, arbitrage trading companies and has Head of Financial Advisory at one of the Big4 companies”.
Other key members of the team include Giovanni Lesna (Product Development), Janez Benedik (Investment Analyst), and Kristjan Dekleva (Investment Analyst).
Hedge Project Conclusion
Hedge Project aims to enhance the attractiveness of cryptocurrencies as an investment. The company plans to develop traditional investment vehicles for the cryptocurrency industry – including index funds and baskets of the top cryptocurrencies. They’re calling these investment vehicles CTIs, or crypto traded indices.
Hedge Project’s token sale is taking place throughout September and October. The company’s first two funds should launch later in September 2017.
Hedge Project is also creating a beginner-friendly platform that aims to make it easy for investors to participate in cryptocurrency markets and purchase baskets of cryptocurrencies.
To learn more about Hedge Project, or to participate in the ICO today, visit the company online at Hedge-Crypto.com.
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