Holdvest ICO (HDL Token): Blockchain Crypto Investment Platform?

Holdvest aims to be a universal gateway to cryptocurrency markets. Find out what that means today in our review.

What Is Holdvest?

Holdvest, found online at Holdvest.com, lets you buy and sell cryptocurrencies with a single click online.

A beta version of the platform can be viewed and accessed online today at beta.holdvest.com. You can view a list of cryptocurrencies available to be bought and sold. The beta is available in English and Russian.

In addition to letting customers purchase cryptocurrencies online, Holdvest will offer investment products like index funds.

An ICO for Holdvest tokens begins on May 8, 2018. The platform is being developed by a Moscow, Russia-based team.

How Does Holdvest (HDL Token) Work?

Holdvest describes itself as an all-in-one investment portfolio. The portal consists of a decentralized ecosystem for investing in blockchain technologies – including all types of cryptocurrencies.

“There’s no need to be a crypto guru to access the most promising and lucrative cryptocurrencies and blockchain projects,” explains the official website. “Simply sign up to our platform, fund your account by depositing a number of popular cryptocurrencies, and invest in any project with just one click.”

Holdvest also claims to always find the best price for its users. The platform doesn’t provide its own liquidity; instead, they check prices on “dozens of different exchanges”. You pay the best price on the market while paying low fees.

Right now, the Holdvest beta displays dozens of cryptocurrencies, including bitcoin, Ethereum, and Holdvest tokens. There’s a large “ICO” symbol beside Holdvest’s listing, letting customers know that the project is currently in the ICO phase. Other cryptocurrencies include Ripple, Bitcoin Cash, Litecoin, Cardano, Stellar, DASH, NEM, Ethereum Classic, and other large market cap cryptocurrencies.

Holdvest is more than just a way to purchase cryptocurrencies. The company also plans to offer a suite of investment products and services, including index funds that track different parts of the crypto market. By 2019, Holdvest aims to launch its own decentralized exchange.

The Holdvest beta appeared online in March 2018. By Q2 2018, Holdvest hopes to launch mobile apps that offer access to their investment portal through iOS and Android. The company also hopes to launch its crypto index funds in Q3 2018, with fiat gateways launching in Q4 2018.

Holdvest Services

Holdvest offers an easy investment portal. However, the platform also offers a number of additional investment services, including all of the following:

Buy and Sell with One Click:

You don’t need to be a cryptocurrency trading expert to invest in the most promising projects through Holdvest. The platform lets you buy and sell cryptocurrencies for the best price from dozens of different exchanges while paying ultra-low fees.

Participate in ICOs:

Holdvest lets you participate in upcoming or ongoing crowdsales directly through their platform. You buy tokens through Holdvest, then receive ICO tokens directly into your Holdvest account.

Portfolio Management:

Holdvest offers a number of different portfolio management strategies. You can invest in entire crypto indices – like a basket of large or small cap cryptocurrencies. Or, you can individually invest in different cryptocurrencies. Watch your portfolio grow over time while viewing easy-to-read charts and tables.

Cryptocurrency Index Funds:

Holdvest offers diversified, balanced funds 100% backed by cryptocurrency tokens. The platform also has its own custom indices. Pick an index to invest in, then watch your portfolio grow over time.

Decentralized Exchange:

Holdvest has an internal decentralized exchange that aims to provide low fees and easy trades as the userbase grows. Right now, most buying and selling on Holdvest comes through affiliated exchanges. Eventually, however, the platform aims to grow its decentralized exchange as there’s less and less reason to use its internal DEX.

How Do Holdvest Tokens (HDL) Work?

HDL tokens are the utility token underpinning the Holdvest buyback program. The HDL token is fully and securely integrated within the Holdvest platform.

The main purpose of HDL is to pay transaction fees. HDL will be the preferred currency for transaction fees, allowing users to receive a 20% discount on fees when paying with HDL tokens.

There will also be a Holdvest buyback program. Whenever users pay transaction fees with other currencies, the funds are immediately converted to HDL tokens at market rates on Holdvest’s list of supported exchanges. This should prop up the price of HDL tokens as the exchange continues to grow. Plus, 50% of all HDL tokens paid directly or indirectly in fees will be burned, leading to a decreasing supply over time.

Meanwhile, customers who hold HDL tokens in their portfolio will unlock advanced trading features, including limit orders, stop orders, and other trading tools.

HDL tokens can also be used by advertisers. Advertisers can get discounts when paying with HDL.

Finally, HDL tokens are used to participate in the Holdvest voting mechanism. Users can vote for new features and cryptocurrencies on the platform.

The Holdvest Token (HDL) ICO

The ICO for HDL tokens is scheduled to take place from May 8 to June 7, 2018. The price of each token is set at 0.0001 BTC.

A total of 10 million HDL tokens will be available during the token sale. Holdvest has set a soft cap of $500,000 for the token sale and a hard cap of $5 million.

The ICO is taking place on Holdvest’s own platform. HDL tokens are WAVES-based tokens. Holdvest is accepting BTC, ETH, WAVES, LTC, BCH, and DASH during the token sale.

Of the total supply of tokens, 82% are being distributed during the ICO. The remaining tokens are allocated to the dev team (10%), partners and early investors (5%), and bounties (3%).

Who’s Behind Holdvest?

Holdvest is led by CEO Igor Pletenev. Igor is an experienced entrepreneur and IT industry professional with active experience in a number of blockchain projects. His LinkedIn page lists him as a Software Developer at Wirnex and the CTO and Co-Founder and FilletFood, LLC. Igor is based in Moscow, Russia.

Other listed members of the Holdvest team include Maksym Lavrinenko (CMO), Vadim Lashkov (Project Manager), and Dima Lebed (Lead Software Developer).

The Holdvest beta launched online in March 2018. All other Holdvest products are scheduled to launch over the remainder of 2018 and 2019. The company was founded in Moscow in June 2017.

Holdvest Conclusion

Holdvest is an all-in-one investment platform that just launched its beta in March 2018. The platform seeks to make it easier for anyone to participate in cryptocurrency markets. You can buy and sell cryptocurrencies on the platform instantly, for example, while also accessing investment products like index funds.

To learn more about Holdvest and how it works, visit online today at Holdvest.com. The token sale for the platform’s native utility token, HDL, begins on May 6.

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