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Description

Description


Betoken is a decentralized hedge fund built on the Ethereum blockchain that invests in ERC20 tokens. Betoken relies on a large pool of managers to make investment decisions, each of whom maintains a portfolio using a portion of the fund. Individual portfolios are compiled into good investment decisions on the fund level using a unique decision-making system we call "Incentivized Meritocracy", where control over investment decisions is continuously redistributed to managers who make the most profitable investments.

Full Name Betoken (KRO)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://betoken.fund
Twitter @betokenfund
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Betoken is a decentralized hedge fund built on the Ethereum blockchain that invests in ERC20 tokens. Betoken relies on a large pool of managers to make investment decisions, each of whom maintains a portfolio using a portion of the fund. Individual portfolios are compiled into good investment decisions on the fund level using a unique decision-making system we call "Incentivized Meritocracy", where control over investment decisions is continuously redistributed to managers who make the most profitable investments.

Betoken ICO began on October 23, 2018. The ICO token supply represents 25% of the total token supply, so there is a total of 250,000 KRO tokens available, for 2 USD each. The ICO funding target is 500,000 USD, the funding cap is 2,000,000 USD and is expected to end on March 1, 2019 or when the funding cap is reached.

Team:

  • Zefram Lou: Сo - founder and lead developer. 
  • Surya Krishnan: Сo - founder and Frontend developer. 
  • Guillaume Palayer: Co-founder. 

Token Reserve Split (75%):

  • 60% Development;
  • 10% Reserve;
  • 5% Legal.
ICO Status Ongoing
Token Supply 1000000
Start Date 2018-10-23
End Date 2019-03-01
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 2
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction France
Legal Advisers N/A
Blog https://medium.com/betoken
White Paper https://github.com/Betoken/Whitepaper/blob/master/BetokenWhitepaper.pdf
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