Triaconta Announces a New Safe Way to Invest in Cryptocurrencies
Triaconta wants to minimize the risks of investing in cryptocurrencies with Combicoin to make the cryptocurrency market accessible for a larger audience.
CombiCoin is 100% asset backed by the top 30 cryptocurrencies with the highest market cap. Because of this the CombiCoin will not suddenly plunge and investors will have less risks when there are major fluctuations.
There are over 1000 cryptocurrencies on the market and together they represent a value of 130 billion USD. However, all these coins are very volatile. For example, the value of bitcoin grew from 1000 to 4000 USD within six months. The value of Ethereum, the second largest cryptocurrency, rose from 150 to 400 USD within 6 months but plunged to 150 USD 4 weeks later. In the first six months of 2017 the top 30 of cryptocurrencies grew with 1200 percent.
The value of CombiCoin is determined for 3.33 percent by the actual value of each of the top 30 cryptocurrencies. CombiCoin uses the blockchain technology of Ethereum and will be tradable on cryptocurrency exchanges. Through constant monitoring of all exchange rates smart automatic trading software will determine the actual value of CombiCoin and intervene when there is speculation. This will guarantee that the price of CombiCoin will always be 100% based on and asset backed by the top 30 of the cryptocurrency market. The assets will also be actively managed to ensure that your investment stays diversified.
"Trading in cryptocurrencies comes with high risks, mainly because there is a lot of emotion in the exchange rates. We spread this risk by buying 30 coins at the same time,” explain Don Molenaar and Guust Hilte of Triaconta, whom had success before with their smart projector Beam. "Everyone with savings wants to have the highest yield possible, but putting your savings in cryptocurrency isn’t something you’d do easily because of the risks and the volatile nature of cryptocurrencies. With CombiCoin we address these issues, opening the cryptocurrency market for a larger audience.”
Triaconta launched their Initial Coin Offering (ICO) on the 1st of September and it will stay open until September 30, 2017. For 10 USD the first investors will receive a CombiCoin and a TRIA token.
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
SMITHS-DETECTION24.1.2018 10:02 | pressemeddelelse
Düsseldorf Airport to Deploy Next Generation ECAC Standard 3 EDS Screening Technology from Smiths Detection
GSMA24.1.2018 10:02 | pressemeddelelse
GSMA Announces Nominees for 2018 GLOMO Awards
TELIA-CARRIER24.1.2018 10:02 | pressemeddelelse
GleSYS Tap Into Telia Carrier Backbone to Increase Capacity and Support Growth Plans
CA-INTEGRAL23.1.2018 23:02 | pressemeddelelse
Integral Expands Cryptocurrency Market Data Services to Include 14 Cryptocurrencies and 16 Exchanges
VISTA-GROUP23.1.2018 22:59 | pressemeddelelse
Kimbal Riley to Become Vista Group CEO
NY-INTERNATIONAL-FLAVORS23.1.2018 18:03 | pressemeddelelse
IFF Breaks Ground on Flavors/Fragrances Site in Sri City, India
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum