The Cryptofund
We are not a classic Cryptofund that invests in cryptocurrencies. Our assets are based in USD and we trade FIAT-currencies. The reason is the extreme liquidity in the FIAT-pairs. And for technical trading you need an very very high liquidity!
The reason we have chosen the blockchain to run the fund is the easy and safe handling of shares and the possiblity of interaction with the participants, i.e. the possiblity of voting.
Our tokens "ALGO" are fully backed by USD!
Total supply of ALGOS: 1855.1
Decimals: 18
For everyone who understands German, here are our FAQ
How can I join?
The ICO ended in December 2017. If you want to join, subscribe to our News-list and wait until the tokenholders decide to increase the token number.
The alternative is to buy some tokens on Etherdelta:
You are only allowed to purchase Algos if you are neither a U.S. citizen or permanent resident of the United States, nor have a primary residence or domicile in the United States, including Puerto Rico, the U.S. Virgin Islands, and any other territories of the United States.
-
Click on the link above, only with this link you will see the ALGO tokens. If you visit https://etherdelta.com directly, you will not see them (yet)
-
Link your Wallet with EtherDelta
-
Ensure that you have enough gas on your wallet AND that you use enough gas
-
Deposit Ethereum (if you want to buy) or ALGO tokens (if you want to sell) to EtherDelta
-
Execute your trade
-
If you do not trust EtherDelta (they were once hacked), withdraw your Ethereum or Tokens to your wallet again
The user-experience is different with a dezentralized exchange based on a smart contract than with a conventional exchange.
-
EtherDelta is slower than a conventional exchange
-
You often need to click the reload button on your browser to make changes appear
But dezentralized exchanges are the cheapest possible way to exchange tokens!
How does the EtherDelta Exchange works?
Link your wallet with EtherDelta
You can link your wallet with the function that is marked on the picture. If you use Metamask, this is done automatically
Deposit your Ethereum or ALGOS
If you want to sell tokens, deposit tokens on EtherDelta, if you want to buy tokens, deposit Ether. The deposit is a normal transfer on the Ethereum blockchain that costs some gas. Like the selling and buying in the next step.
Buy or sell ALGOS
To sell or buy, click on a existing offer (or make your own offer). How to withdraw should be obvious after you have managed to deposit.
If you have questions, the Reddit forum is a good source and answers the common questions. But in case of problems with EtherDelta wait a minute and click the reload button.
To watch the contract on Etherscan, klick:
https://etherscan.io/address/0xde4317210f83a62e7173ac312e5704a3739d0d18
By participating you accept the Terms and Conditions of algo.land
For the main part of the smart contract see our Github repository
Disclaimer:
Please note that this summary of the terms does not constitute to be a prospectus of any sort, is not a solicitation for investment or an initial public offering or share/equity offering and does not pertain in any way to an offering of securities in any jurisdiction. This service is for entertaining purposes only. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.