About the Problem: Cryptomania
The development of cryptocurrency markets is exhibiting tremendous growth rate. Crowdsale innovation through Initial Coin Offerings (ICO) is being used by startups to bypass the rigorous and regulated capital-raising process. There are already more than 1000 cryptocurrencies and cryptoassets on the market and new projects are introduced daily. Many of those projects lack basic elements of the viable business models. Some are being launched without any proof of concept or product delivered. Most of them are trading on the market at hefty valuations with absolutely no support in the underlying business metrics.
The pattern of every technological revolution
Comparison of the internet dot.com bubble and cryptomania.
About the Solution – Hedge Project
Hedge Project is focused on developing hedge instruments for crypto markets that will enable crowdsale supporters, technology evangelists, and crypto contributors to manage the risk exposure they have on the market. Hedge instruments will enable exposure both to the market’s uptrend and downtrend.
Hedge Project ETF
Commercial Index for the crypto market with official rule book is a first step towards establishing the first crypto exchange traded fund (ETH) which is the long term devotion of the hedge project team. Hedge Project will contribute 20% of the raised funds towards the establishment of the ETF that will include top 30 cryptocurrencies and assets and will enable any institutional or retail contributor to easily contribute and gain exposure to the growing industry of blockchain projects.