Platform for investing in indices - Phuture Finance
Hello everyone! In my new review, I would like to tell you about such a project as Phuture Finance. I will try to sort out the following questions:
- What is the platform
- What features of the index formation process does Phuture Finance provide?
- How you can participate in the development of the project
- Major investors
Introduction to the Phuture Finance platform
Before starting my review, I would like to briefly tell you what index investing is. Since the platform is directly related to this.
Index investing is one of the passive investing methods that involves investing in an index. Indices represent a specific set of assets. These assets can be selected in accordance with, for example, a specific country, or with a field of activity. In the index, each asset has its own weight (or a percentage of other assets in this index).
This approach to investing allows you to earn relatively passively, while diversifying the risks as much as possible.
I think you've got a general understanding of "passive" investing. Now let's move on to Phuture Finance.
Phuture Finance is a Web3 decentralized protocol designed to enable users to invest in indices. Indices are a collection of specific cryptocurrencies.
Features of the process of forming Phuture Finance indices
The main feature of the platform is the ability for users to create their own cryptocurrency indices.
This can be done using the Phuture Index Creator tool.
The tool will allow you to choose which assets can be added to the index, as well as how much of these assets will be in the index.
Also, an important feature of the platform is the external liquidity system. Phuture Finance is designed in such a way that when the index is created for users, the assets that will be added will be taken from popular exchanges. That is, the liquidity of cryptocurrencies will be provided through communication with other exchanges. And, since users will be able to create indexes with all cryptocurrencies running on the Ethereum blockchain, the problem of low-liquid assets may arise from time to time. But, all this is solved by joint work with top exchanges (Uniswap, Curve and others).
It's worth mentioning that Phuture Finance is also a Decentralized Autonomous Organization (or simply DAO). This means that important issues on the project will be resolved directly with all active users of the platform.
Participation in the development of the project
Now there is a good opportunity to participate in the development of the project. You can act as both a developer and a marketer.
You need to join the discord channel of the project. Next, enter the appropriate section, and perform the tasks available there.
According to the Phuture Finance team, users will be able to earn money for their contribution to the development of the protocol.
Investors
Investors Phuture Finance are top 1 in the cryptocurrency space: Ascensive Assets, Genblock Capital, Decentralabs, Synergia, Vendetta Capital, Richard Ma (CEO of QuantStamp), Danish Chaudry (CEO of Bitcoin.com Exchange), Skynet Trading.
I would especially like to highlight Ascensive Assets. Ascensive Asset is a digital asset-only investment company.
Also, stand out from the list of CEO of auditing company QuantStamp Richard Ma, and CEO of the popular cryptocurrency exchange Bitcoin.com Danish Chaudry.
Conclusion
Phuture Finance offers the market an interesting and innovative cryptocurrency investment strategy. Now all users strive to minimize investment risks, so the platform provides a fairly relevant product. Personally, I myself will be interested in trying out the tool for creating indexes when it is launched.
Site: https://www.phuture.finance
Documentation: https://docs.phuture.finance/
Twitter: https://twitter.com/phuturedao
Discord: https://discord.com/invite/frRD3Ck
Medium: https://phuture-finance.medium.com/
Linkedin: https://www.linkedin.com/company/phuture-finance/
Participant:
Discord: Akio#7185