Digital Asset Management With InvestDigital
Investing in the world of cryptocurrency is a challenging task. It is no secret that blockchain assets pose high investment risk unlike other classes of assets. The high rate of volatility and speculation do not make the task at hand more manageable.
For any smart investor, the crypto world needs strategic planning and management if you are to realize a profit. However, at times the markets can be outright cruel on your investment. As a result, there are innovations and tools created to help in digital investing and asset management.
One such tool that is re-inventing cryptocurrency investment is InvestDigital. The platform is a global crypto investment ecology which aims to provide essential financial services, investment strategies, commercial products and digital asset management protocols.
In return, the InvestDigital IDC member can allocate financial resources to the most efficient investment which will generate positive returns. With the ecology, InvestDigital plans to make it more efficient to invest in crypto markets based on information and analysed data.
How It Works
For starters, InvestDigital implements the use of EOS blockchain as an asset management toolset and protocol. The EOS software gives the platform a high processing ability on smart contract and low latency data services. The InvestDigital ecosystem uses a unified InvestDigital Token or IDT, which safeguards the ecology while facilitating the flow of members in and out InvestDigital community.
The IDT works on a Proof of work mechanism on the Ethereum ERC20 Token Standard and is the local currency of the ecology. For a member to purchase any service or tool, the InvestDigital marketplace requires obtaining IDT.
Benefits of InvestDigital IDC
As an investor, some advantages come with the InvestDigital ecosystem. The number one element is probably the Algorithm trader. The bot is made up of data services and toolsets which display strategies, performance reports and sale trends of cryptocurrency funds. For a smart investor, such a tool can spare you the hassle of having to monitor each cryptocurrency while also providing background information on whether or not you should invest.
Additionally, investors can use IDTs to gain privileges and access to product recommendations, research report, expert consultation and private services. As a result, an investor is provided professional asset management services while also building their cryptocurrency portfolio.
On the other hand, data services and providers also stand to gain from InvestDigital. Each data or toolset provider receives a reward in the form of IDT from the platform, to encourage them to provide accurate and quality information or strategies.
Also, InvestDigital possesses a repurchasing and destruction plan. This has to do with the matter of liquidity and an increase in value. The process will reduce IDT volumes by half and in return reduce the liquidity of the token whenever there is a rise in cost, through a transparent and open procedure on the blockchain.
InvestDigital IDC Conclusion
Though there exist similar blockchain applications, InvestDigital still stands out from the rest. InvestDigital is the first digital currency smart investment protocol that operates on EOS blockchain.
Such a unique feature will help InvestDigital IDC to support millions of users with good expansibility. This makes the project a viable asset management option. However, this is no guarantee for a positive future of the platform. It is wise to keep in mind the speculative nature of the crypto world, and anything is possible.