Thread replies: 6
Thread images: 1
Thread images: 1
How about a managed investment fund for Crypto?
Now it doesn't have to involve /biz/ but I am thinking of the following:
1. People invest into the managed wallet.
2. The wallet is split and invested by the members of the fund; go with all sorts of coins, ride waves, etc.
3. Quarterly, the net profits (minus costs) are calculated and divided up to the investors.
Costs: whatever minimal amount to keep the fund going + to pay the members.
Now the issue with cryptos is that they don't rely on trust so "what's to stop members from just bagging all the money?"
>Locked buy/sell platform. ie: the wallet will be controlled by software to stop members from doing just that.
>Greater returns as part of a whole rather than a once off. ie: hypothetically a member could gain something like 10% a quarter compared to a once off gain of 100%.
What's /biz/ Initial idea with all of this?
>>
>>2367940
>invested by the members of the fund
Because this is illegal.
>>
>>2368087
>crypto
>illegal
lol what?
anyway I thought that's how managed funds worked?
or I got the investors/members the wrong way around.
>>
>>2368087
how is this illegal,
>>
>>2367940
if it works and some memelord cant just run off with his share of the money i'd be interested
>>
would a vote system work in such a way?
ie: members vote for the fund to buy into certain amounts?
or would members themselves have a certain amount of money to invest and everyone just does their own thing for the net profit of the whole?
hmm..
Thread posts: 6
Thread images: 1
Thread images: 1