Target Coin – World’s FIRST And ONLY Bonus Paying Crypto Fund
What Is the name of your coin/token
Do you have social profile for your coin or groups if there are can you please send us all the links?
Is there an ICO/Premine for this coin?
A. The ICO starts on 15th July and ends on 31st August. There are total 2 Billion tokens issued.
What is algorithm behind the coin? Standard hash solving mechanism,or like in Primecoin case mining involves finding Cunningham chains or something else?Is coin POS/POW or mixed?
A. Standard Hash Solving mechanism, built on Ethereum Smart Contract
What is the purpose of the coin? (Is is only used as currency or there is some deeper system behind it?)
A. Target Coin is a unit of the underlying hedge fund. We raise money for Target Coin using the ICO to invest and trade in Crypto Currency Markets. People owning the coin gets a quarterly bonus and profits depending on their ownership of the coin.
Does dev or the team have any experience that makes them likely to succeed?
A. The team has a combined trading experience of over 20 years. Our CEO has 6+ years of trading experience. The team has previously worked together on another hedge fund before. The CTO has 4+ years of banking experience, building solutions for some of the leading banks in India and Singapore.
Can you follow through in your projects?
A. Target Coin is a tokenised long-short crypto hedge fund. Target Coin is built on an ethereum smart contract.
Our Investment Strategy
1. A balanced long-short portfolio to minimise the market risk, market exposure and generate returns during both price rise and price fall
2. Using Machine Learning, Technical Analysis and Artificial Intelligence to analyse historical patterns and make short and long term trades.
3. Long-term investments in promising Crypto-Currencies
4. Order Splitting algorithm to place orders based on market impact combined by price-risk
5. Estimation of liquidities in different markets and using models to forecast short term price fluctuations based on probabilities
6. Quantitative Arbitrage across multiple exchanges in different countries
7. Hedging market risk by converting it into USDT and shorting during a bear market
1. A guaranteed quarterly bonus of 0.75% to the ICO investors
2. 85% of the profits will be given back to the investors every quarter
3. TGTCoin charges a 10% annual operations fee
4. TGTCoin charges a quarterly performance fee 15% on the net profits made