108 Token provides a diversified, low-cost and simplified exposure to the burgeoning asset class of cryptocurrencies. 108 Token gives investors ETF-style access and eliminates the complexities pertaining to coin selection, wallet management, etc. The token is an indexed ERC20 token that tracks the performance of top 15 cryptocurrencies by the supply-adjusted market cap.
In order to provide a diversified exposure to investors, a maximum weight cap of 20% is imposed on each of the index constituents, and the underlying index is rebalanced on a monthly basis. The fee structure is aligned towards long-term performance and low due to the absence of intermediaries and other overheads. We provide investors the flexibility to contribute in either BTC/ETH or fiat for the ICO. To know more about 108 Token and its historical performance against BTC and other benchmarks, please visit http://www.108token.com