Countinghouse logo

Countinghouse (CHT)

Status
ICO

Countinghouse Fund is an already-established foreign exchange direct hedge fund which uses coded algorithms and mathematical techniques to extract profit from volatility and movements in the market. The company is raising capital for a new fund in order to apply their techniques to the cryptocurrency market.

Countinghouse White Paper Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl
NA
Learn more about our rating
User Rating
Medium
3/5 1 votes
Claim your project
Ticker
CHT
Type
Security
Token standard
ERC-20
FoundedSeychelles
Registration countrySeychelles
Office addressVictoria, Mahé Island, Seychelles, 361

What is Countinghouse

The main focus of Countinghose Fund's portfolio lies in cryptocurrency algorithmic trading, which extracts profit through market volatility. Other key portfolio parts include the double-sided arbitrage method trading (adapted for the cryptocurrency market) and passive reserves such as crypto-debentures and ICO investments.

Profits will be calculated quarterly on net growth and reported accordingly. These reports will be made public at the time of release.

Countinghouse Fund employs an array of mathematical risk-mitigation methods:

  • Mathematically weighting portfolios with negative correlations. Each currency pair is traded by its own automated algorithm. However, there are also algorithms that oversee the portfolio and quantitatively analyse the results of each individual pair and weigh the portfolio in order to increase the negative correlations.
  • Cross-Portfolio God-Stop acts as a safety net and closes all active trades if the fund starts losing profits.
  • Algorithmically reacting to statistical Z-Score values.
  • Profit targets are calculated with R-Values

Countinghouse Roadmap

1
December, 2008

3 Traders combine efforts and form DPP Capital.

2
August, 2013

Countinghouse if formed due to a high demand from investors for a hedge fund run by the team at DPP capital, using their , non-predictive 'profit-from-movement' technique.

3
2013-2016

Countinghouse consistently yields profits of 70%-120%PA. Attracting more investors and notoriety in the professional investment community.

4
January, 2017

Countinghouse starts a year-long experiment, using one of their fiat currency algorithms to trade BTC/USD.

5
Later in 2017

Countinghouse continues to investigate the Crypto-market as the success of their experiment is beginning to become apparent.

6
End of 2017

The results from the experiment are amazing, Countinghouse begin planning the new fund and ICO, along with developing our multi-sided arbitrage technique for crypto-exchanges.

7
Jan to Feb 2018

Countinghouse offers a private sale to existing investors to join the new fund. Countighouse raises just over $4,300,000.00 toward the new fund.

8
April, 2018

Expected launch of Countinghouse Fund ICO.

9
May, 2018

ICO ends, funds are transferred into multiple wallets and accounts to be traded. Trading starts straight away once funds moved.

10
May 2018,

Multiple pairs to be traded and stage one of arbitrage begins (this is a simpler stage while the opportunities are there).

11
2018 to 2019

Fund continues trading and as simple arbitrage opportunities evaporate we engage stage two arbitrage (more complex and less detectable arbitrage).

12
Ongoing?

As the fund grows we will need to constantly re-balance and spread across multiple exchanges to reduce slippage.

Token Sale Dates

Presale Period

Start date: Apr 03, 2018
End date: Apr 09, 2018

ICO

Start date: Apr 09, 2018
End date: May 15, 2018

Token Allocation

Total Token Supply 14585000

Funding Details

Funds Raised (as of now) 4,715,000 USD

Token distribution


73% - Token Sale
26% - Private Sale
1% - Team

Funds allocation


60% - Cryptocurrency Algorithmic Trading
30% - Double-Sided Arbitrage Strategy
10% - Passive Reserve

Token Price and Payment Options

Token price USD 1 CHT = 0.39904 USD
Token price ETH 1 Token = 0.001000 ETH
Accepted Currencies ETH

Project team

Tim Dawson
Tim Dawson
Director
Tim Dawson linkedin-team
Mike Pomery
Mike Pomery
Director
Mike Pomery linkedin-team
Steve Pogacic
Steve Pogacic
Real-World Ethics Manager
Steve Pogacic linkedin-team
Elizabeth Simons
Elizabeth Simons
HR Manager
Elizabeth Simons linkedin-team

Advisors

Jack Smith
Jack Smith
Media Advisor
Jack Smith linkedin-team
Chris Yap
Chris Yap
Physical Assets Advisor
Chris Yap linkedin-team

Social media

Industries

Leave a Reply

Your email address will not be published. Required fields are marked *

listing on exchanges

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

KYMAi (KYMAI) logo
KYMAi (KYMAI) Sponsored
KYMAi (KYMAI)
Low
ICO
NOCtura (NOC) logo
NOCtura (NOC) Sponsored
NOCtura (NOC)
Low
ICO
Zama (ZAMA) logo
Zama (ZAMA)
High
ICO
IEO

Newly Published