Pelecoin - investment product based on crypto-currencies

MISSION

To create an attractive investment product based on crypto-currencies and using diversification and hedging.

DESCRIPTION

Pelecoin Cash (PLCN) – structured crypto-financial product, combining diversification and hedging. Structure of PLCN is composed of:

  • Leading and high liquid crypto-currencies having a high correlation with BTC - Group A (~90%).
  • Perspective crypto-currencies, selected on the basis of analytical research - Group B (~10%)
  • Hedging package for risk management - Group ะก (planned to the next stage of the project based on the BTC and ETH derivatives).

HOW IT WORKS?

Pelecoin Cash is planned to be implemented in the form of a PLCN token, based on "smart contracts" in the Ethereum Blockchain

  • User will be able to store, send and receive PLCN coins using any Wallet, supporting Ethereum.
  • The PLCN token will be 100% insured by the basket of crypto currencies, described on the website.
  • When buying PLCN (through ETH), the entire amount is transferred to special depositary accounts (on US exchanges Kraken, Bittrex), where it is converted into crypto coins included in the PLCN structure in the defined proportions. At this time the system generates an appropriate amount of new PLCN coins, which are automatically credited to the investor's wallet.
  • The system guarantees the investor an ability of withdrawing PLCN into ETH at the market price and at any time.
  • When selling PLCN for another crypto currency, the PLCN basket currencies will be exchanged (to the requested coins) and transferred to the requested account.
  • The exchange operations will be fully automatic (using the exchanges API’s).
  • Depository accounts could be inspected by an independent audit company to ensure investor confidence.

WHY SHOULD INVESTORES BUY PLCN?

PLCN is an instrument for investors who want to benefit from the new type of investments into cryptocurrencies.

  • The structure of PLCN is planned as an optimized portfolio managed by professional financial analysts. The investment in PLCN is combining the best sides of ETFs and other types of mutual funds, the advantages of which are investment strategies developed and tested by professionals, diversification and risk management.
  • The PLCN coin will be "guaranteed" liquid and 100% secured by a basket of crypto currencies. Before and after investing in a standard token offered by most ICOs or any other token currently trading on the market, the investor should do a lot of analysis to succeed. When investing in PLCN, the investor buys a diversified basket of crypto assets that is covered by group of professional analysts.
  • The product will provide a range of hedging strategies, in order to enforce the motivation of investors to invest in these extremely volatile but attractive market.

Please find more information at our website pelecoin

submitted by /u/Pelecoin
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