SYMMETRYfund launches cryptocurrency investment fund

4 min readJan 17, 2018

Background

The company's fund management, SYMM, launches a new cryptocurrency investment fund, offers an entirely new commission structure type to investors looking for a safe and easy way to invest in crypto.
From November 30, for 60 days (closed on 30 January 2018), Symmetry Fund ICO offers investors the unique opportunity to earn shares in cryptographic funds offering monthly dividends, as well as easy cash out options

What Makes the Symmetry Fund Berbeda?

The capital will be divided into two main components: 70% of kriptocurrency trade and 20% ICO investment, and the remaining 10% form a reserve fund. By diversifying investments into various cryptococcal hazards, including Bitcoin, Ethereal, Dash, Lite Coin and Ripple, Symmetry Fund offers a diversified portfolio for those looking for the security of traditional managed mutual funds, but with all the positive side of a lucrative cryptococcal ICO.
Uniquely, Symmetry funds pay a monthly dividend equivalent to 50% of trading profits in ETH, but investors can also take advantage of buyback options and make money by selling their SYMM tokens at market prices at a given time.

Symmetry Fund (SYMM) ICO

An unlimited number of SYMM estimates will be released at the SYMM Initial Offering Offer (ICM). ICO will be open for a period of 60 days at a rate of 0.1 ETH per SYMM. A SYMM token will represent a share of the funds. From ICO, most of the funds raised will be used for trading purposes. A small portion of the collected funds (up to 10%) will be held by a reserve fund and careful administration. Reseating these funds is part of the SYMM risk mitigation measures. An unlimited number of SYMM estimates will be available for purchase at a rate of 0.1 ETH per SYMM during ICO. By sending Ethereum to ICO smart contract address, investor will be able to purchase SYMM token. After sending the ETH to the address, the investor account will be credited with the corresponding amount of SYMM shares.

Tentang SYMM

With the ability to invest at multiple levels, safely store funds, and incorporate into how managed cryptocurrency investment funds, Symmetry Fund (SYMM) offers investors an opportunity to gain exposure to the cryptocurrency market without the hassle of personal trading. itself Part of the Ethereal blockchain (ETH), SYMM is a smart contract that complies with ERC20. The fund pays a monthly dividend in ET. With its conservative structure and approach, SYMM executes its trade and investment with a long-term and balanced vision of growth.

Trading Phase

After ICO successfully closed and funds withdrawn from ICO, the trading phase will begin. The trading phase will continue indefinitely with changes in trading activities such as traded pairs and the allocation of funds may be selected by shareholders.

At the start of trading phase, the value of SYMM capital will be from 90% of capital in ICO. This capital will be converted into fiat currency and quoted in USD.

Risk Management in Trade

Risks will be managed proactively by SYMM. A key strategy that SYMM will use to reduce risk is to store the capital of SYMM in fiat currency if not involved in trading. SYMM funds will only be stored in cryptographic during trading.

Holding funds in fiat currency means the value of funds will experience consistent growth without constant exposure to cryptococcal fluctuations, often volatile.

Moving from ICO to the Trading Phase

ICO will be closed manually at the end of 60 days. This can be closed by the nominated administrator account. After the closing of ICO, funds will be withdrawn from the contract and exchanged for other currencies. To ensure that SYMM has no adverse impact on the market to be traded, withdrawals from the ICO phase will be completed within a few days or weeks. Withdrawals will be settled on different exchanges to reduce potential market impact.

Technology

As a technology company, SYMM offers an opportunity for individuals to gain exposure to the cryptocurrency market without the complexities of managing their own trade and related technologies. Embedded in ETH block, SYMM is a token corresponding to ERC20.

It is embedded in blocking ETH as a smart contract. Other SYMM financial functions will also be supported by blockchain contracts including ICO management, dividend payments, transparency actions, and voting.

There are several smart contracts that will operate throughout the different phases of SYMM funds from the ICO phase to the trading phase. This contract handles various parts of the fund. For example, when an investor buys a SYMM share in exchange for a token in the ICO phase, the contract will take action of supplying SYMM shares in exchange for tokens.

Mass Depan SYMM

The base currency and other trading partners will be launched by SYMM as the funds become more established and the initial ICO trading phase has matured.

The purpose of SYMM is to be able to provide various levels of risk to investors so that there is a solution for any investor interested in having exposure to cryptographic. As we launch new investment opportunities, and expand our funding, SYMM will investigate how investors can offer special offers and benefits for new offers.