BCP to Begin Investment Process Soon
Dear BullToken Community,
As a community, we had a vote conducted in January to know whether the community wished to begin investments or wait for the cryptocurrency market to turn favorable. With 91.93%, the community chose to delay investment.
We are now glad to announce that BullToken Community would soon start investing in projects. The current stats in the cryptocurrency market clearly depicts a stabilization and therefore, we wish to begin investments.
The cryptocurrency market stats show in the month of January; the cryptocurrency market had taken a plunge from $138 billion to $122 billion market capitalization. In February, the market cap reached the year high of $143 billion. Also since the last three weeks, the market has maintained an average of about $130 billion and witnessed less volatility.
As we aim to begin investments, we urge you to submit investment proposals. We would also like to take this opportunity to shed some light on the investment mandate previously proposed in the whitepaper
- BullToken will make sure no more than 5% of the total AUM is exposed in a single investment
- BullToken will take profit once any investment has reached an ROI of +500%
- BullToken will balance investments as mentioned below:
- 80% investments in emerging projects and ICOs
- 20% investments in existing coins and projects
- BullToken will at all times consider dedicating capital to real-life resources such as commodity indexes in order to hedge against “black swans” in the cryptocurrency space
- BullToken will not partake in short-selling
The official date for the BCP to begin investment process is March 29th, 2019.
Feel free to reach out to us in case of any query related to the investment process at firstname.lastname@example.org
We hope to see you on the BCP platform soon!