Jumat, 05 Januari 2018

Symmetry Fund - Part of the Ethereum (ETH) blockchain, SYMM is an ERC20-compliant smart contract

https://symmetry.fund/


About SYMM

With the ability to invest at a variety of levels, securely store funds, and have input into how a cryptocurrency investment fund is managed, Symmetry Fund (SYMM) is offering investors the opportunity to gain exposure to the cryptocurrency market without the complexities of personally trading it themselves. Part of the Ethereum (ETH) blockchain, SYMM is an ERC20-compliant smart contract. The fund pays monthly dividends in ETH. With a conservative structure and approach, SYMM executes its trades and investments with a balanced and long-term vision for growth.

The fund’s capital will be used to trade across a variety of cryptocurrencies and the percentage of the fund that will be allocated to each currency will be determined by analyzing specific currency and signal risks. A single share in the investment fund represents one SYMM token. The investment fund trades and invests in ICOs and cryptocurrencies including Bitcoin, Ethereum, Ripple, Dash and Litecoin. Shareholders will have the ability to trade their tokens with peers based on market rates. This will allow shareholders to cash-out as the fund value increases over time, in conjunction with receiving a monthly ETH dividend.

A fundamental element of SYMM’s risk-mitigation strategy is holding capital in fiat currencies (USD/EUR) when funds are not engaged in a trade. While this may mean the fund is not exposed when large spikes in price occur across cryptocurrencies, it also means the fund is not exposed when volatile moves to the downside occur. This keeps the fund’s exposure to blockchain assets to a minimum and ensures a steady and measured growth trajectory for the fund.
 As the initial ICO moves to the trading phase, and the fund becomes more established, SYMM will investigate further opportunities to expand the fund and provide investors with a variety of investments for all risk appetites.




If we take into account the present scenario, we see a little disturbance in the way the cryptocurrencies like Bitcoin, Ethereum etc are distributed on a daily basis. We know that people are having a tough time to grasp the concept of cryptocurrency and also find it really difficult to acquire and trade them on their own. The Investors, however, leave no stone unturned to make a way out for the audience and helping them to know about the way to trade cryptocurrencies. To help out everyone from this little hard time, we have Symmetry Fund which opens up new doors for the people looking forward to understanding the concept of these cryptos.
Dear friends! To your attention I want to introduce a wonderful bounty campaign Symmetry Fund! Team Symmetry Fund very well prepared for this bounty. Here are working professionals. Let’s consider in more detail.
This is the official Symmetry Fund bounty campaign

1916 ETH Raised

The Symmetry Fund:

Introducing a new dimension in cryptocurrency investing.

Fund management company, SYMM, is launching a new cryptocurrency investment fund, offering a completely new type of commission structure to investors looking for a safe and easy way to invest in cryptocurrencies.

Symmetry Fund [SYMM] Official Bounty Program

Total Bounty Budget: 360SYMM for 3 weeks campaign

Reports for the week are on Saturday 23:59

Total Bounty Budget will be allocated along all bounties as follows:
Twitter campaign: 25%
Blog/Media Campaign: 25%
Signature Campaign: 50%
Payments will be as follows:
Twitter : 25%


How to Join

For Twitter: 

Follow the Official Twitter: http://twitter.com/symmetryfund

Twitter payment structure:
Less than 500 followers: 1 stakes/Week
501 to 1000 followers: 3 stakes/Week
1000 or more followers: 10 stakes/Week

Terms and Rules:

1 | Twitter Accounts must have a Minimum of 200 Followers.
2 | Your auidit score must be more than 90%.
3 | Twitter accounts must be original. Fake, dead, inactive and bot accounts will not be accepted.
4 | You must be an active and regular twitter user, and must be retweeting/sharing Symmetry Fund official tweets and updates.
5 | Minimum 5 retweets per week, Maximum 2 retweets per day. Create at least 2 tweets/post about Symmetry Fund in a week. with#SymmetryFund #SymmetryFundICO
6 | Joining with multiple accounts is not allowed. Users found to be using multi accounts, will be blacklisted.
7 | A user can participate in both campaigns at the same time.
8 | Terms and Condition can be changed or more can be applied.


Blog/Media Bounty : 25%

Description: 
Write a blog post or Video quality.
All blogs and Videos will be divided into 3 different categories, and will be rewarded as follows:

Good: 100 Stakes
Medium: 70 Stakes
Normal: 40 Stakes

All content will be judged on the quality, traffic, views and effects.

Terms and Conditions:

1 | Low quality blogs and videos will not be accepted.
2 | Blogs and Videos are definitely original. Copying graphics, text and other content is not allowed. (You can use official images, logos, graphics posted on websites, ANN threads and Twitter)
3 | Blog must be longer than 400 characters, less than 400 characters will not be accepted.
4 | Video must be at least 2:30 minutes, shorter videos will not be accepted.
5 | The blog and Videos must have a link to the official website: https://symmetry.fund/ and links whitepaper:http://symmetry.fund/wp-content/uploads/2017/12/Whitepaper-Eng.pdf
6 | To prove ownership of your blog or media you must add your bitcointalk profile link to your blog post footer, and for video creator your Bitcointalk profile must be added in the video description.
7 | Manager and Team Symmetry Fund save the rights to increase or change any rules, payment structure and anything else if necessary.


Signature Bounty: 50%

Payment will be based on weekly stakes:

Jr Member: 10 Stakes/Weeks
Member: 15 Stakes/Weeks
Full Member: 30 Stakes/Week
Sr Member: 50 Stakes/Week
Hero and Legendary: 80 Stakes/Week
Full Member and Up will be Rewarded with 5 Additional Stakes for Wearing Avatar

Rules, Terms Conditions:

1 | Keep the signature until the end of the Campaign. Removing a signature in the middle of campaign will disqualify you.
2 | Minimum 15 constructive posts per week.
3 | Posts made in the following sections (and all their child boards) will not be counted as valid posts: Marketplace; Off-topic; Archival; Marketplace (Altcoins). Posts in the off-topic threads will not get counted and spamming and trolling of all kinds will simply get the participant disqualified.
4 | Eligible posts must be 85 Character Long. Posts shorter than 85 Character will not be counted.
5 | Payment will be done once at the End of the token sale.
6 | Keep your signature till spreadsheet updated with your final post count (allow at least one week to count posts) Removing a signature before post count will simply disqualify you.
7 | Newbies are not allowed to Join.
8 | Manager and Team Symmetry Fund save the rights to increase or change any rules, payment structure and anything else if necessary.




Symmetry Fund (SYMM) ICO

An unlimited amount of SYMM tokens will be released in the SYMM Initial Coin Offering (ICO). The ICO will be open for a period of 60 days at the exchange rate of 0.1 ETH per SYMM. One SYMM token will represent a single share in the fund. From the ICO, most of the funds raised will be used for trading purposes. A small percentage of funds raised (up to 10%) will be held by the fund for prudent reserves and administration. Holding back these funds forms part of SYMM’s risk mitigation measures. An unlimited number of SYMM tokens will be available for purchase at a rate of 0.1 ETH per SYMM during the ICO. By sending Ethereum to the ICO smart contract address, investors will be able to purchase SYMM tokens. After sending the ETH to the address, the investor’s account will be credited with the corresponding amount of SYMM shares. There is no limit on the amount of times investors can purchase SYMM tokens throughout the ICO

There will be 2 classes of shares:


Moving from ICO to the Trading Phase

The ICO will close manually at the end of 60 days. It can be closed by a nominated administrator account. After closure of the ICO, the funds will be withdrawn from the contract and exchanged to fiat currencies. To ensure that SYMM does not have an adverse impact in the markets that it will trade in, withdrawals from the ICO phase will be completed over a period of days or weeks. The withdrawals will be completed on a range of different exchanges to further mitigate potential market impacts.

Summary of the SYMM ICO

-One SYMM share is equal to one ERC-20 compliant token.

- The duration of the ICO is 60 days from November 30, 2017 to January 30, 2018..

- During the ICO, 1 SYMM share will cost 0.1 ETH.

- The ICO Soft Cap is 3,000 ETH.

- There is no Hard Cap for the ICO.

- Trades in BTC, LTC, DASH, ETH and XRP will be conducted using 70% of the fund’s capital.

- 20% of the fund will invest in high potential ICOs. SYMM will secure a deep discount (up to 50%) on

- ICOs that have not yet been released for public sale.

- 10% of the fund will be held by the fund in a reserve to ensure that the whole fund is never exposed at any point in time.

- 50% of monthly trading profits will be paid in dividends to investors each month. Dividends will be paid in ETH.

- 50% of monthly trading profits will be held for compounding growth.

- To reduce risk and ensure stability of the fund’s value, SYMM funds will be held in USD and EUR.

- Risk mitigation strategies will be established.

- Management fees will not be charged if there are no profits.

- Based on Symmetry scenarios and fund projection, the estimated annual ROI for SYMM investors is expected to be more than 50%.

- All shareholders will have the opportunity to vote on major fund decisions, further fostering trust and sparency between the fund and its shareholders.

- All trades that SYMM execute will be detailed on the relevant exchanges.

- Funds held by SYMM will be subject to external auditing each month.

- Accounts balances and SYMM fund value will be reported to shareholders daily.

- Until SYMM is listed on major exchanges, all shareholders will have the ability to sell their investment for instant liquidit

The Trading Phase

After the ICO successfully closes and funds are withdrawn from the ICO, the trading phase will commence. The trading phase will continue indefinitely with changes in trading activities such as pairs traded and fund allocation to be voted on by shareholders.


At the commencement of the trading phase, the capital value of SYMM will come from 90% of the capital raised in the ICO. This capital will be converted into fiat currencies and quoted in USD.



Risk Management in Trading

Risk will be proactively managed by SYMM. A key strategy SYMM will employ to mitigate risk is storing SYMM’s capital in fiat currencies when not engaged in a trade. SYMM funds will only be held in cryptocur — rencies throughout the duration of trades.

Holding funds in fiat currencies means the value of the fund will experience consistent growth without being constantly exposed to the, often volatile, fluctuations of cryptocurrencies.



Dividends

When SYMM makes a monthly profit, dividends will be paid to shareholders in ETH via a smart contract on the 3rd day of the month. Dividends will be immediately available to SYMM investors when the payment is sent to the dividend contract. Investors can then withdraw funds at a time of their choosing.



Technology

As a technology company, SYMM offers individuals the opportunity to gain exposure to the cryptocurrency market without the complexities of managing their own trades and associated technology. Embedded in the ETH blockchain, SYMM is an ERC20-compliant token.

It is embedded in the ETH blockchain as a smart contract. Other financial functions of SYMM will also be supported by contracts on the blockchain including management of the ICO, dividend payments, transparency measures, and voting.

There are several smart contracts that will operate throughout different phases in the SYMM fund from the ICO phase to the trading phase. These contracts deal with different parts of the fund. For example, when an investor purchases SYMM shares in exchange for tokens in the ICO phase, the contracts will execute the action of providing SYMM shares in exchange for tokens.



The Future of SYMM

Other base currencies and trading pairs will be launched by SYMM as the fund becomes more established and the trading phase of this initial ICO has matured.

The aim of SYMM is to be able to provide a variety of risk levels for investors so there is a solution for every investor interested in having exposure to cryptocur- rencies. As we launch new investment opportunities, and expand the fund, SYMM will investigate how it can provide current investors with special offers and benefits for new offerings.


ROADSHOW


January 9, 2018

DUBAI, UAE

Dubai International
Blockchain Summit.


February 16-18, 2018

DALLAS, TX

Bitcoin, Ethereum,
And Blockchain Super
Conference


March 27-28, 2018

SAN FRANCISCO, CA


Blockchain West


TEAM

Andrew Lewin
FUND MANAGER/CEO
Over 15 years of experience of Fund Management in Franklin Templeton Investments, Baillie Gifford and Credit Suisse. Developed his unique quantitative algorithmic trading strategies for cryptocurrency trading. Holds a Bachelor Degree in Business Administration from University of St Andrews.
Markus Kohn
CTO
Programmer, software engineer and technical architect with many years of experience in Google Inc and Deutsche Bank. Bitcoin/blockchain/smart contract developer. Graduated Columbia University.
Thomas Steinger
ASST. FUND MANAGER
Skilled in Trading Strategies, Currency, Hedge Funds, Foreign Exchange (FX) Options and recently Cryptocurrency
Vladislav Savochkin
BUSINESS MANAGER
Starting as a Marketing and Communication Manager for EPAM Systems, Vladislav quickly moved to Business Manager and Analyst in online payment technologies across emerging markets.
Fatema Aktar Shathi
SMM EXPERT
Professional expert for Social Media Marketing.
David Steiner
FUND MANAGER/CEO
Experienced strategy professional with significant experience in Foreign Exchange (FX), Currency, Hedge Funds and Cryptocurrency. Alumni of University of Zurich
Harald Hantke
FUND STRATEGIST
Senior investment professional with extensive experience in financial markets. Responsible for fund management & selection in the multi asset class area for UBS Wealth Management and Credit Suisse.
Oliver Purr
ASST. FUND MANAGER
7+ years with FX trading. Worked as FX Strategist and Quantitative Hedge Fund Strategist for LGT and Tom Capital AG.
Mykola Vdovychenko
LEGAL CONSULTANT
Mykola is an open-minded lawyer with a great interest in the newest technologies including blockchain and smart contracts, LegalTech and FinTech. He has extensive experience providing legal advice to different international start-ups in relation to various legal matters. His main specialisations are privacy, IT/cyber law, contract law and international law. Highly interested in space law, BioTech and nanotechnology law.



ADVISOR


Peter Toh
ADVISOR
Mr. Toh is an investor, financial markets commentator and private financial consultant. He is an expert in global financial markets, macro-economics and digital currencies. He had a successful career at Credit Suisse and Flossbach von Storch and has more than 25 years of experience in strategy and finance and accumulated $1B+ in Corporate Finance transactions and $100M+ in Private Equity investments.Peter is a graduate of The Julius Maximilians University of Würzburg where he received a BS in Finance and BBA.
Mike Henkel
ADVISOR
Mr. Henkel is partner at Polaris Ivestment Advisory AG, a financial structuring and advisory/consulting firm based in Geneva, Switzerland with over twenty years experience in financial markets. He holds an MBA from University of Zurich with a degree in finance and econometrics.
Leah Kronshag
ADVISOR
Mr. Kronshag has spent the past decades working in the capital markets. He started his career at Credit Suisse as a mortgage-backed securities trader. His current role is Senior Fund Analyst for LGT AG. He holds BCs in Business Administration from Zurich University of Applied Sciences and an Economics degree from University of Cambridge.


Website: https://symmetry.fund/

Whitepaper: http://symmetry.fund/wp-content/uploads/2017/12/Whitepaper-Eng.pdf

Ann Bitcointalk: https://bitcointalk.org/index.php?topic=2480514.0

Twitter: http://twitter.com/symmetryfund

Github: http://github.com/symmetryfund

Telegram: https://t.me/joinchat/HWMAPRGg8JmX8CamY5LwAg


Author : 

My Bitcointalk username: rezqiano

My Bitcointalk profil : https://bitcointalk.org/index.php?action=profile;u=1271152

My ETHERIUM Address : 0xBD40fE1dDEa0057D469b1c1Ac74637279F9056F5


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