Although LedgerPrime refunded outside investors and began transitioning into a family fund in 2022, it became tangled up in FTX’s ensuing bankruptcy after the Sam Bankman-Fried-run crypto empire collapsed in November 2022. With a focus on liquid tokens, according to cofounder Zaheer Ebtikar, Split Capital will employ a “long-biased” strategy, meaning long-term prices will be expected to rise alongside an active management approach. Contributing to the Hedge Platform crowdsale is straightforward, particularly if you have previously invested in other cryptocurrency ICOs. It’s important to use a wallet which you control the private keys for, so don’t use your wallet address at an exchange.
The development of the software environment is progressing as planned, with a closed beta scheduled for early Q2 and open beta for mid Q2. A pre-launch registration and KYC verification will be first available at Blockchain Africa conference in Johannesburg, South Africa on Mar 8-9, along with mobile demo apps. Backend and related infrastructure will be soon finished, with polishing works still remaining. Our development team is growing quickly so the outsourced work will soon be fully in-house. The company that we are working with is one of the largest Python software houses.
Jure Grabnar, one of the developers, is highly skilled with multiple years working in software engineering, along with development and design of data processing algorithms that are used for trade systems. Matej Zrimsek is another project developer with years of experience, as is Klemen Gantar. Matic Nedog is the legal representative who specializes in business, corporate, insolvency, and competition law, with a focus on digital platforms. Primoz Novak is the other half of the legal team with a specialization in multiple areas, including international law related to cryptocurrencies.
- The platform will include information relevant to the crypto market, such as valuation reports and market research.
- Weiss Ratings assigns ratings to cryptocurrencies, much like S&P or Moody’s do to stocks and other financial instruments.
- Luka Gubo, an advisor, is a senior quantitative analyst who develops and implements quantitative models and has experience in developing models to manage risk.
- Matic Nedog is the legal representative who specializes in business, corporate, insolvency, and competition law, with a focus on digital platforms.
- Hedge Project is also working to make indices for the crypto market that are professionally designed available to the general public.
Using the platform, you can track various changes in the markets thanks to the indices that make up the Hedge Project. There is also a section with recent news to help you stay on top of everything related to your crypto investments. Trading on the platform is straightforward, allowing for purchases in cryptocurrencies. The Hedge Platform is working on getting a license for trading fiat currencies, as well.
Sponsored Crypto Projects
Hedge Project (HDG) will establish the market solution for crypto instruments that will enable long and short exposure and identification of the true value of the projects. Hedge Project is focused on developing the ideal platform to serve as a backbone for diversification through our flagship products, Crypto Traded Indices (CTIs), and hedging through different instruments. Our platform will enable crypto investors to manage the risk exposure they have on the market confidently.
ESMA Proposes Strict Guidelines for Non-EU Crypto Companies Serving EU Customers
Furthermore, Hedge Project is in process of launching set of professionally designed indices for crypto market – first such indices to serve as a base for construction of cryptocurrencies baskets. The final major product from the Hedge Project is the Crypto Instruments Platform. This platform will eventually be the “go-to” within the market for any investors who want to participate in the cryptocurrency markets. The platform will include information relevant to the crypto market, such as valuation reports and market research. It will also include traded baskets for cryptocurrencies and the professionally designed indices for the cryptocurrencies and crypto assets.
The ICO is going on right now with the tokens for the Hedge Project known as Hedge (HDG). The crowdsale began on Sept. 15 and will last until Oct. 15, providing a full month to become an investor in the project. The tokens will be distributed on Oct. 16 following completing of the crowdsale. Essentially, Hedge wants to allow you to buy into the Cryptocurrency market with one click by allowing low-cost risk and portfolio diversification plus the convenience of accessibility, on one portal. This approach, which entails betting against short-term futures linked to the VIX, also known as Wall Street’s “fear gauge,” gained traction due to the relatively stable market conditions.
The index soared from about 20 to 40, sending US stocks plummeting and resulting in a record decline in the Dow Jones Industrial Average (DJIA). This market shock, primarily driven by rising Treasury yields and concerns over an overheating US economy, was intensified by the crowding in short-volatility exchange-traded funds (ETFs). hedgetoken In 2018, this same trade significantly backfired on investors causing a “Volmageddon,” inflicting severe losses as market volatility surged unexpectedly. Hedge Token team is focused on introducing Hedge Platform that will enable anyone access to professionally developed crypto indices and diversification of investments.
As these funds scrambled to cover their short positions in Vix futures, the market experienced a widespread meltdown. The chaos led to suspending trading in VIX-linked ETFs, resulting in billions of dollars in investor losses. Weiss Ratings assigns ratings to cryptocurrencies, much like S&P or Moody’s do to stocks and other financial instruments. Other than the possibility that Weiss rates our instruments sometime in the future, there are no other similarities.
HedgeTokens: A Crucial Tool for Stability in Cryptocurrency Markets
The platform will allow cryptocurrency investors to manage their risk exposure on the market. Hedge Project is also working to make indices for the crypto market that are professionally designed available to the general public. These will be the https://cryptolisting.org/ first indices of their kind and will be a base for the construction of various cryptocurrency baskets. HootDex will continue to innovate to provide its members with the most robust and easy to use decentralized digital asset exchange possible.
The developers of Hedge Project also plan to launch derivative instruments, along with margin accounts, and allow for short positions. The Hedge Project will also help investors deal with the changes to the crypto markets. Specifically, it can help investors with diversification and selecting winning projects to invest in, something that has become much more challenging as the crypto markets grow. From Split’s vantage point, the unique incentive structure of crypto venture capital harms the overall marketplace. Unlike traditional VCs, crypto VC firms often have shorter time horizons due to the liquid nature of token investing.
This is particularly true for investors who use significant leverage or ignore hedging their positions. Bigger venture firms such as a16z Crypto and Haun Ventures push back on that critique, arguing that they support projects over the long term, but the space remains rife with venture firms that operate more like hedge funds. According to Bloomberg, crypto hedge funds lost an average of 52% in 2022, although they returned over 40% in 2023. Real-world case studies highlight the tangible impact of HedgeTokens on market stability, during a significant downturn in the cryptocurrency market, a HedgeToken played a crucial role in stabilizing a portfolio. Investors experienced less severe losses, showcasing the risk-mitigating capabilities of HedgeTokens.
TOP CRYPTO EXCHANGES
HedgeTokens are proving to be more than just a trend; they are becoming a foundational element in the evolution of the cryptocurrency market. The HDG tokens will be a utility ticket for all transactions within the platform. Every once in a while, the platform will conduct token buybacks via excess fees collected via the platform.