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Altindex (ADEX)

ICO

Altindex – automated index fund of tokens.

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Overview

Project industryTrading & Investing
Product typePlatform
FoundedSwitzerland
WhitepaperAltindex White Paper Open

What is Altindex

ALTINDEX provides a way to track the per­formance of the crypto market as a whole by centralizing the total value in a sin­gle token. Index funds have consistently exceeded the managed funds on average since its inception, which makes renewing this form of investment a positive development for the future.

ALTINDEX is directly related to the value of the underlying assets of the fund.

ALTINDEX offers a diversified and weighted portfolio that reduces the exponential risk of the sudden change in the price of a single token in addition to offering lower fees.

In ALTINDEX we use two-level authoriza­tion to protect the fund against possible attacks, this allows blockchain develop­ment and automation of operations.

The ADEX tokens will be linked to the in­telligent contract in order to automate the settlement option.

ALTINDEX will be rebalanced using the ca­ping methodology of FTSE Russel.

Details

Pre-sales: May 04, 2018 - Jun 04, 2018
Token supply: 10800000
Soft cap: 1,250,000 USD
Hard cap: 7,500,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Switzerland
Office address: Mont-Soleil 59 2610 Mont-Soleil

Token info

Ticker: ADEX
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 1.150000 USD
Accepted currencies: ETH
Bonus program:
Presale (up to 150.000 tokens)
First week: $0.90
Second and third week: $0.95
ICO
First 3 days
Fourth day up to second week: $ 1.05
Third week: $ 1.10
Forth week until sixth week: $ 1.15
Token distribution:
90% - ICO participants
6% - Altindex team
2,5% - advisory team
0,5% - Marketing and investor relations
0,5% - Legal and post-ICO audit
0,5% - Security, systems and smart contract
Funds allocation:
97% - Destined to the purchase of the underlying assets
3% - Operational costs

Altindex Roadmap

1
Sep - Oct 2017

Initial research and development.

2
Oct - Nov 2017

Smart contract development and trading system creation.

3
Nov - Dec 2017

Completion of the intelligent contract and the trading protocol.

4
Dec - Gen 2017 / 2018

Test of the trading system in order to ensure its correct functioning.

5
Mar 2018

Marketing pre ICO.

6
Mar 2018

Launch of the platform to the public.

7
Apr - May 2018

ADEX sale to the public.

8
May 2018

Initial acquisition of the 20 main tokens and first re-balancing procedure.

9
May - Jun 2018

Public audit of ICO funds.

10
Jun - Future

Continuous marketing and investor relations.

11
Future

Public launch in other exchanges.(Extra) Launch of special decentralized MasterCard for ADEX holders. Launching of new financial products under the ALTINDEX brand.

Project team

Carles Vives
Carles Vives
CEO Co-Founder
Carles Vives linkedin
Sergi Nos
Sergi Nos
COO Co-Founder
Sergi Nos linkedin
Alex Canto
Alex Canto
Advisor Mineblocks
Alex Canto linkedin
Enrique Santos
Enrique Santos
Trading Analyst and Mathematical Physicist
Enrique Santos linkedin
Vicent Nos
Vicent Nos
Advisor IT developer
Vicent Nos linkedin
Sheila Mundo
Sheila Mundo
Full stack developer
Manolo Cruzado
Manolo Cruzado
Front-end Developer
Manolo Cruzado linkedin

Social media

Altindex web-site

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