AgreCoin compiles the top 6 coins and makes them into their own “fund”. This minimizes risk, but still gives you gains from all the major coins!
The best coin out there for getting the most out of your favorite altcoins without having to micromange your money. We will buy them all and give you the profits from our investments, nothing more nothing less. Only the bottom 1000 coins, all the time.
The biggest news in 2017 was the rise of cryptocurrency into legitimate global economic spheres worldwide. This long awaited opportunity was a way to manifest radical economic shifts otherwise not possible given the current tight tendencies of the conventional markets towards startup culture. Instead of limiting wealth to the usual suspects, the ICO markets have quickly made many radical business ideas into tangible reality. The issue is that instability in such radical markets easily spooks investors, due to the rapid swings in prices, even amongst the top dogs in the market. This is why Agre-Coin was invented. It went from a baby market to a juggernaut seemingly overnight. The two juggernauts themselves and their rise is denoted below.
As such, the need for stable market equilibrium is quickly presenting itself. Such a hedge would provide stability to both investors and common crypto users alike. Say what you want about the viability of crypto long-term; because if there is no stability, then there is no solid market. Chances for Crypto survival decrease as long-term market volatility increases. Hence we have created the solution for base level and advanced investors alike. A coin fund based upon the top 6 selling coins at any one time on the market. Thereby diversifying risk, while consolidating gains for the top 6 most stable currencies on the market. This will ensure traders the ability to trade without needing to worry about overt diversification or super high-risk altcoins losing 2,000 percent in a day. Second graph represents what AgreCoin would have done over the past year to date, as compared to the first BTC/ETH graph.
Quarterly Reporting and full transparency of the business.
Allocation and distribution of tokens.
Along with infrastructure change delays, the problem of having many digital assets increases as the number of ICOs increases. Making investments more difficult to manage. Despite this many investors will acquire a variety of desired crypto tokens as part of their investment strategy. Our exchange will also support such functionality, as our coins will be available for open trade on the other major coin marketplaces. Other than that our assets will be directly accounted for in the fund currencies we are investing in daily.
Agre coin will be based on a basket of the 6 top currencies trading at any point in the crypto market based on volume via coinmarketcap.com. (ie Bitcoin, DodgeCoin, Ethereum etc)
Upstart 1k will feature the bottom 1000 coins from coinmarketcap.com which will be purchased daily to average out the massive gains from the smaller alt coins.
All purchases will be made in the mornings on South African time and will be available for review, via our quarterly accountability reports via Skype.
Currencies all pegged to the local fiat currency of their respective country. (For example 1 Iraqi dinar will equal one dinar coin.) So to mitigate instability in fiat, we will also have our tokens easily trade-able into AgreCoin’s thereby allowing investors a safe haven in case of political instability in the region. These currencies will always carry 50 percent cash on hand reserve, in order to be fully sharia law compliant. This backs investors’ money with local dollars and insures the stability of AgreCoin as a trading network. Keep in mind that most modern banks only are required to keep somewhere between 3-20 percent of cash on hand to back up their outstanding assets. Hence we arrive at the term “fiat” banking. Our coin will surpass this in terms of our quarterly accountability “open the books” sessions via skype. Along with our open source transaction legers.
Blockchain technology holds the great promise of enabling decentralized protocols, applications and organizations. Much of this enthusiasm is driven by Bitcoin and Ethereum, the main software platforms where these are built. Yet, we’ve seen $60m+ lost to hacks to blockchain-based projects in the past 6 months. Recent scandals have exposed the high risks and challenges every project faces: the problem of how to write simple and secure code that deals with several real types of money. Still, there are no widely adopted security standards or best practices for projects to follow. There are no tools for developers to easily create, test, verify and audit smart contracts, and do so collaboratively. We believe that the only way to make this happen is for existing and emerging projects to cooperate and build them together. Using OpenZeppelin as the basis for our library, we are going to create the new token(AgreCoin) contract and the token(AgreCoin) will be compatible with ERC-20 token.
As mentioned above, the AgreCoin token contract will be based on the OpenZeppelin library. OpenZeppelin is an open-source framework to build secure smart contracts. It’s meant to provide secure, tested and audited code to enable the new generation of distributed applications, protocols and organizations. Using Smart Contract Solutions, we believe will create an open financial and economic system for the world. We’ve been working on using blockchain technology to improve the experience of creating and running businesses. We plan to use OpenZeppelin as the core technology to achieve this vision.
If you want to contribute, send ETH to one of ours crowdsale address
Send ETH to 0x15071ca0feca4e4a61f68a7f0c37b21a2a506a23
Add 0xd440847d27eb1eaadfc0a41f829ff28db834de0f as a new token with code AGRE and 18 decimals (optional)
Max Gas Price: 50 Gwei
Start time: 2017-12-04 22:00 UTC
End time: 2017-12-18 22:00 UTC
1 ETH = 481 AGRE
Send ETH to 0x42547f0b2191022481f760efb378399307acfb85
Add 0x0f70aa8ac96a873d6cb94cb83cb8d621cb2f85d7 as a new token with code UP1K and 18 decimals (optional)
Max Gas Price: 50 Gwei
Start time: 2017-12-05 11:00 UTC
End time: 2017-12-18 22:00 UTC
1 ETH = 381 UP1K
NOTE: Do not send funds from exchanges like Coinbase, Poloniex etc
Andy Fuhr will be you security guy on the team. He does cloud based analysis at the highest levels and knows security well. Albeit hes a networking expert not a blockchain guy so much.
Backside/ UX developer with 10 plus years expirience.
Mathematics and Electronics Graduate from Moscow State University.
Data Scientist and Developer for Blockchain.
Ethereum contracts and live sports and betting statistics.
Experienced ICO Developer and Consultant.