How is it different from ICONOMI?
RE: CRYPTO20 in a Nutshell - Writeup
You are viewing a single comment's thread from:
CRYPTO20 in a Nutshell - Writeup
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Just a couple reasons:
ICONOMI is a platform and charges fees above that of the fees of any fund implemented on it - leading to significantly higher fees than CRYPTO20's 0.5% p/a.
CRYPTO20's hyper-parameters, which are key, were soundly determined by data science
CRYPTO20 has no exit fees and easy liquidation
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
at the first glance, i don't see much difference to iconomi either (despite the 10% asset cap). i'd even prefer iconomi since it seems more professional in many ways.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Don't mistake fancy marketing for professionalism. Crypto20's whitepaper is by far the best whitepaper I've seen (https://static.crypto20.com/pdf/c20-whitepaper.pdf). The level of detail and actual real world data science backing up their index fund decisions sold it for me. ICONOMI has layers of fees for the platform, fund managers, etc. You know the traditional financial markets have decades of data and expensive fund managers and data analysts, billions in funding, and still and it's been proven that index funds have beaten the average managed funds since their inception (of course I mean after the fees the managers take, the investor's returns are way less than if they had just invested in the index). It's crazy, after really reading about index funds vs managed funds, I am totally unconvinced that any human can beat the simple act of following the index.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit