Blockchain, the technology, has shown that information can be recorded even without trusting an individual organization, like banks. That changes everything. Almost every important - money, laws, rights, ownership - is nothing but just a recorded information.
PIE is an ERC-20 token that represents your ownership in the fund itself. The value of PIE token is always backed by the Net Asset Value (NAV) of the fund, therefore, always guaranteeing a minimum value of your token. Token holders are rewarded for holding the tokens. The longer you hold, better the rewards will be.
Atleast 80% of our assets are always in the multi-sig cold storage. Not more than 5% of the portfolio is in one hardware wallet. Each hardware wallet is in different geographical location.
You're right. Everyone trades their current assets to acquire new assets. Crypto has a unique property that they can be brought into existence out of thin air by contributing to their blockchain. We use that too.
We've built a software that smartly mines the most worthy crypto asset on a consumer device during its idle time.
in Authorito token
Whatever is mined gets invested in the fund and the user is rewarded in the equal worth of new PIE tokens.
always coming in
It creates a constant stream of new money coming in, therefore, always increasing the Net Asset Value of the portfolio.
Authorito Capital is an open-ended crypto fund. New money can always come in.
With this announcement, the new money started flowing in at the rate of 1 PIE = 0.004ETH.
Tokens are created for the first time in the lifecycle of the fund.
In two weeks, we form the initial portfolio and begin trading from Jan 15 onwards.
At the end of the first quarter, first batch of rewards will be given out to all the token holders.
In the first few months, our developers will extend the prototype of the mining software to all major platforms. We'll launch the software in May 2018.
A passionate team of engineers who build technology to trade and mine cryptos.
If you're looking for a safe and easy instrument to invest in cryptos, join us now!