What Is Mudra?
The most talked about Blockchain company from India explained in less than 400 words
Hi,
We are Mudra!
To explain ourselves in one line, We are a hedge fund of cryptocurrencies!
Hedge Fund? Cryptocurrencies? Sounds a weird combination.
Turns out it’s not. More than 100 cryptocurrency hedge funds have come up in the past few years. And if we come to talk of returns, the returns from these hedge funds have lied anywhere between 1000% and 10,000%.
With the cryptocurrency market having achieved a $200 Billion market capitalization in the year 2017 and amid the speculation that Bitcoin will cross $10,000 by the end of this year, the interest in this investment sector has peaked.
Noticing this trend, We introduced Mudra Hedge Cryptocurrency Index which tracks the five alternative-cryptocurrency hedge funds that carry exposure to Bitcoin, Ethereum and other cryptocurrencies. These hedge funds have beaten the traditional hedge funds by a mile.
But we soon realized there are very few Indian investors who are investing in these hedge funds. To counter this issue, we have introduced Mudra Coin.
Mudra Coin is a cryptocurrency that enables you to invest in others cryptocurrencies as portfolio asset management which helps you maximize your returns on initial investment with zero or no knowledge.
To put decentralization at the core of this hedge fund much different from traditional hedge funds, we have brought in a system which enabled our investors to check on their investments in an open manner. Taking this a step further in the next phase, we will be combining AI & ML in future to bring tailor made solutions for our investors to assist them in making informed decisions.
Along with this, we are also working on an ethereum enabled micro-finance platform, a decentralized betting platform, a decentralized crypto exchange, and a way to connect fiat and cryptocurrencies with our partners.
This is what we have from our side. You can have a look at our whitepaper here.
