 | The Fortune Fund (FUN) |
The Fortune Fund is a crypto index fund that will use the ICO funding to buy the underlying crypto assets.
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What is The Fortune Fund
Fortune Fund (FUN) is an autonomous cryptocurrency index fund based on the Ethereum blockchain. FUN tokens are supposed to be tied to underlying crypto assets. The team is running an ICO campaign to buy these assets, namely, top 20 cryptocurrencies. The smart contract envisages a liquidation option that is supposed to prevent the token value from dropping below the value of the underlying assets, theoretically, it can only exceed the underlying assets. The team will deliver quarterly reports that will include, inter alia, a balance sheet and data on the portfolio total investment value.
Token Sale Dates
ICO
Token Allocation
Funding Details
Restrictions
United States
Token distribution
7.5% - Team
0.5% - Advisory team
2.5% - advertising and Investor members of the family
1.0% - protection - structures and smart settlement
1.0% - Legal
0.5% - Bounty application
87% - ICO participants
Funds allocation
1.5% - endured advertising Pre-change list
0.5% - felony costs and post-ICO Audit
98% - Underlying belonging
Token Price and Payment Options
Social media
Twitter
Telegram
Instagram
FacebookIndustries
