QWLA | What is an ETFT?

QWLA
QWLA
Published in
2 min readApr 23, 2021

The world of crypto is moving fast… Tokens, Coins, NFTs… Keeping up with it all can be overwhelming and in more cases than not, those assets are single valued. There is limited use and sometimes no functionality is attributed to those tokens (or asset).

Our mission at Qawalla is to bring the world’s first Exchange Traded Fund Token (ETFT) which will be completely self-governed on the QWLA network. Token holders control the ability to vote through Bounce Voting on asset growth. Token holders will also control how the network grows with enhancements and changes, through additional voting. An Exchange Traded Fund Token (ETFT) can offer lower operating costs than traditional open-end Tokens, flexible control, greater transparency, and better cost efficiency in wallets /accounts. Traditional market mutual funds have offered many advantages over building a portfolio one security at a time. QWLA sees the same potential benefits in Blockchain, Crypto, and Decentralized markets.

Exchange Traded Fund TokenETFTs are a group of securities and assets that are traded or exchanged, just as a regular Token or Coin. QWLA Token enables asset holders a lower entry price for community ownership over the traded fund. ETFTs can sometimes own hundreds of different assets or securities, QWLA main focus will be the future growth of blockchain.

Want to learn more about QWLA Token? Check out our Website and Twitter!

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QWLA
QWLA
Editor for

Disrupting the foundation of traditional ETFs #Innovation #FutureTech #Decentralization #Blockchain #BlockchainETFTs