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internet, 01.10.2017

A Pilot Cryptocurrency Fund was Launched

#assets #venture #web3 #build

SCH Group begins informational support for the experiment of investing in cryptocurrencies.

A group of fellows, who wished to remain anonymous, decided to launch mutual closed fund of 100 ETH (~$30,000) with the task to increase by 10 times investments in three years on the wave of rising popularity of decentralized technologies.

“It so happened that our close friends suddenly became very rich,” Dmitry Schnellreich commented on the launch of the experiment. “And it seemed to us extremely short-sighted to just watch this from the outside. So we consulted with colleagues and decided to join the global madness!”

“And I highly applaud this event! There’s nothing easier than dropping a thousand bucks each (or whatever it is) and copying the leaders for the beginning,” said the architect of Cyber•Fund Dima Starodubtsev in a parting word. “Yes, it is not the smartest investment strategy. But we share a lot of information and regularly provide analytics on the market. Plus it’s a blockchain where you can see who’s doing what. You can just repeat after us or bet only on those whose economics you understand — that’s up to you. But enough with the boob-wagging!”

This is how a fund with the ambitious name of F1 and no less crazy parameters was launched:

Type of fund: Mutual, closed, no replenishment.
Investment strategy: active management.
Investment horizon: 3 years.
Financial goal: increase investment by 10 times.
Base settlement asset: ETH.
Initial fund value: 100ETH (~$30,000).

The performance of the fund will be monitored in real time on special page.

Let’s go!

Press office SCH Group
Media Hotline: pr@sch.group
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