The recent increase in bitcoin price has been exciting to watch. It’s also prompted legitimate questions like these. With seemingly so much wealth being created by holding bitcoin, why bother with other coins or tokens?
How is Protos better than just leaving my money in bitcoin?
In short, we believe the crypto market is volatile and still developing. Even bitcoin, the largest and least volatile of the major currencies has seen recent instances where the price will drop 20% or more. We believe we offer Protos token holders value through exposure to a more diverse, risk adjusted portfolio of crypto assets, and a professional team of traders to grow the value of that portfolio.
How might holding Bitcoin be better than holding PRTS?
Unlike passively holding a blockchain asset like Bitcoin, Protos is an actively traded fund. Protos Cryptocurrency Asset Management charges fees for trading and managing capital. Fees are clearly laid out in our OM, which we encourage you to read here. Compared to the liquidity found in BTC markets, PRTS tokens will likely be less liquid, and will be limited to trading on exchanges that limit trades to accredited investors.
Here’s how we think Protos can add more value than just holding bitcoin.
- Our full time team of investors and traders stay on top of the market and react to changes in the market, something that is very time consuming for individuals to do.
- We combine technologists and market experts and have strong network in blockchain communities to assess news and new opportunities.
- We buy many tokens, not just one. We believe diversifying reduces idiosyncratic risks of one coin failing.
- We build risk adjusted portfolios using algorithmic strategies.
- We make use of market imperfections and volatility, which may generate returns that we believe are unavailable if you just hold.
This article does not constitute an offer to sell or the solicitation of an offer to purchase the PRTS Tokens or the PRTS2 tokens (collectively, the “Tokens”), nor shall there be any offer, solicitation or sale of the Tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Tokens have not and will not be registered under the Securities Act, the Investment Company Act of 1940 or other applicable state securities laws, and may not be offered or sold in the US absent registration or pursuant to an exemption from registration requirements of the Securities Act and under applicable state laws. The PRTS Tokens are being offered in the US on a limited basis to a maximum of 99 accredited investors under exemptions from registration under the U.S. Securities Act of 1933 (the “Securities Act”) pursuant to Regulation D, Section 506(c) under the Securities Act, and the rule promulgated thereunder. No person in Singapore, South Korea or the People’s Republic of China shall be eligible or permitted to, whether directly or indirectly, subscribe, purchase or acquire, or offer to subscribe, purchase or acquire, any PRTS Tokens.
In any member state of the European Economic Area, the PRTS Tokens are only being offered to qualified investors as defined under Directive 2003/71/EC (as amended, including by Directive 2010/73/EU, and includes any relevant implementing measure in each member state). This communication is directed only to persons who (i) are outside the United Kingdom; (ii) are persons falling within Article 19(5) (Investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (iii) are persons falling within Article 49(2)(a) to (d) (High net worth companies, unincorporated associations, etc.) of the Order, or (iv) are persons to whom an invitation or inducement to engage in investment activity may otherwise lawfully be communicated (all such persons together being referred to as “relevant persons”). This communication is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. This document is a summary of the terms that will be outlined in greater detail in the offering memorandum by which this document is qualified in its entirety, and any investment decision should only be made following a review of the offering memorandum.
This document contains forward-looking statements, which can be identified by the fact that they do not relate strictly to historical or current facts and may include the words “may,” “will,” “expect,” “intend,” or other expressions of similar meaning, including statements with respect to use of proceeds of proceeds of the offering, distributions and repurchases of tokens of portfolio companies and use of funds received from dispositions of portfolio companies. . These forward-looking statements are based on the current expectations and a number of factors could affect future events. You should carefully review the section of the offering memorandum entitled “Risk Factors” for a discussion of factors that could affect future events implied by these forward looking statements and other risks associated with an investment in PRTS Tokens. Certain statements contained herein represent the opinion of the members of the management team of Protos Cryptocurrency Fund Ltd. and are based on certain assumptions and facts, any of which may change at any time.
The PRTS Token does not represent or qualify as an interest in the PRTS Token issuer or Protos Cryptocurrency Fund Ltd. and do not grant any equity or voting rights in, or a claim against, the PRTS Token issuer or Protos Cryptocurrency Fund Ltd. Furthermore, the PRTS Token is not, and does not represent or qualify as, a fund unit or structured product.
PROSPECTIVE SUBSCRIBERS SHOULD BEAR IN MIND THAT PAST OR PROJECTED PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS, AND THERE CAN BE NO ASSURANCE THAT PROTOS OR PROTOS 2 WILL ACHIEVE COMPARABLE RESULTS OR THAT TARGETED RETURNS WILL BE MET. LOSSES MAY OCCUR.