The first blockchain traded fund, Satoshi Fund presents a strong argument on why one should invest in blockchain assets. The blockchain asset management platform has analyzed the investments made in blockchain projects to conclude that they were profitable by at least 500%. These returns are from smart medium-term blockchain investments (including crowdinvesting projects) alone and don’t include daily trading speculations.
The year 2016 has turned out excellent for the blockchain industry. The sector has received massive investments from a range of different sources including venture capital funds, banking institutions, and lots of crowd investment campaigns (ICOs and token sales). The investment mechanism and risk appetite are not the same for individual investors taking part in ICOs and institutional investors like VC firms and banks. With so many investment opportunities out there, it is essential for individual investors to differentiate between good and bad investment decisions.
In order to prevent the investors from making bad decisions, Satoshi Fund has created Satoshi Pie – a transparent, auditable, and tradable blockchain-based fund that invests in blockchains. Satoshi Pie is a handy tool for those who are new to the blockchain world. It helps them distinguish the scams that promise otherworldly returns from the real future unicorns.
Investment process in Satoshi Pie is managed entirely on the blockchain, which also includes the maintenance of up-to-date records. The system implemented by Satoshi Pie makes it easier for the participants to verify the proof of investments at any point in time. Currently, Satoshi Pie manages over 1400 BTCs or up to $1.3 million in funds, most of which is stored in 2 of 3 multi-signature wallets.
Satoshi Pie has a diverse portfolio which extends beyond Bitcoin. It is currently handling over 23 different cryptocurrencies of which few like MaidSafe, Monero, Factom, Golem, Steem, and Byteball yielded 100% return on investments in 2016. Monero held the distinction of being the most profitable token in Satoshi Pie’s portfolio, generating a 229% profit in USD. Similarly, in spite of various challenges, Ethereum managed to offer an 11% return in the previous year. During the same timeframe, Satoshi Steem turned out to be the most unprofitable investment.
Satoshi Pie allows investors to participate in multiple blockchain projects by using a single token. Satoshi Pie’s investment token – SPIES can be bought on the OpenLedger platform. The Bitshares powered SPIES is backed by Satoshi Pie’s fund portfolio.
Satoshi Pie’s Investment Strategy
Satoshi Pie offers a detailed explanation of its investment strategy in the whitepaper. The platform’s strategy revolves around five principles.
An exponential growth of information technology following Moore’s Law.
Ultimate efficiency of decentralized consensus and blockchain technologies for economic interactions.
An exponential growth of Bitcoin and blockchain economy following Network Effects and Metcalfe’s Law.
Inevitable gradual reduction in Bitcoin’s share in blockchain economy due to similarities in the evolution process of existing economic systems.
Uneven growth of autonomous systems as per the Diffusion of Innovations theory extended with Gartner’s Hype Cycle Model.
Satoshi Pie’s investments are focused towards the public, fully auditable blockchains following preliminary fund management evaluation. The platform’s interests lie in infrastructure solutions for the “economy of the future” like; decentralized computation, data storage and communications, decentralized exchanges, investment solutions, prediction markets, pegged asset protocols, cross chain gross settlement systems, identity protocols, DAO, smart contract frameworks, reputation systems and social networks.
About Satoshi Pie
Established in early 2016, Satoshi Pie is a side project of cyber.Fund – a blockchain investment tracking and rating system. Cyber.Fund is also behind the Golos, a Russian decentralized content platform. Golos was launched in late 2016 following a successful crowd sale that attracted about 600 BTCs (nearly $500,000 at the time of crowdsale) from the Post-Soviet states.
Learn more about Satoshi Fund at – https://satoshi.fund/
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