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
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
AZ-VERSUM-MATERIALS19.4.2018 22:17 | pressemeddelelse
Versum Materials Celebrates the Grand Opening of Its Research and Development Facility in Hometown, PA
PHARNEXT19.4.2018 17:47 | pressemeddelelse
Pharnext to Showcase PLEOTHERAPY™ R&D Platform at the 8th Annual Global Orphan Drug Conference
CA-MASIMO19.4.2018 17:03 | pressemeddelelse
New Study Investigates the Utility of Masimo SpHb® in Post-operative Red Blood Cell (RBC) Transfusion Best Practices
CA-SYNTERACT19.4.2018 16:08 | pressemeddelelse
Synteract Repositions Itself with Centers of Therapeutic Development and Unveils Updated Brand Platform
NEL-ASA19.4.2018 16:02 | pressemeddelelse
Nel ASA: Receives Additional Purchase Order from Nikola
VOITH19.4.2018 15:41 | pressemeddelelse
Voith and Franka Emika Form a Strategic Partnership
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum