Digital Democratization in Action: Apex Token Fund, the First Tokenized Fund of Funds, Is Staggering Its Public Pre-Sale
TORTUGA, British Virgin Islands, March 2, 2018 /PRNewswire/ -- Apex Token Fund, the first tokenized fund of funds, will be staggering its public pre-sale into three separate events. While such sales typically occur in a single day, the fund hopes that by spreading them out, it will allow more investors to get in on the ground floor.
Democratization has been central to the Apex Token Fund's mission from the beginning. The cryptocurrency investment firm is committed to making it easier and safer to understand and invest in digital assets. Apex intends to attract new investors with limited resources to participate in its upcoming ICO. This will counter the dominance of established investors and spread cryptocurrency investment more evenly so a wider group of investors from different income levels may participate in the upcoming token sale.
Staggering its pre-sale is the latest in a long line of efforts to democratize digital investments. This staggering strategy over days will keep investors from buying all the tokens in a single day. Apex gives other players a chance, setting the stage for widespread participation in the cryptocurrency revolution.
A New Approach to Public Pre-sales
In the typical public pre-sale, wealthy, established investors buy up most of the coins or other digital assets on offer, leaving little for other investors. As a result, such investors have disproportionate influence over the cryptocurrencies they participate in, and accrue a disproportionate share of their value. Not only does this make it harder for beginners and new firms to participate, but it means when they do invest in cryptocurrencies, they have little control over them.
Apex seeks to break this cycle and democratize its digital assets. The cryptocurrency fund of funds will be splitting its public pre-sale into three stages: the first on 1 March, when it will sell three million tokens; the second on 8 March, when an additional three million will be on sale; and the third on 15 March, when it will distribute 4 million tokens. This has a number of benefits for ordinary investors, including:
- More Opportunities- Even if established investors buy all the coins in the first sale, beginning investors will have additional chances to invest. This increases the chance that they will be able to buy at least some of the tokens they want.
- Lower Cost- Apex is offering a 15 percent discount during the pre-sale, selling each coin for USD $0.85. Investors with fewer resources will thus have an easier time affording them, diminishing the advantage of those who can spend a lot upfront.
- More Time- Ordinary investors often need more time to gather money for investments. This pre-sale structure affords them that time.
As a fund of funds for cryptocurrency investments, Apex has already taken a number of steps to make its assets accessible to those with less experience or fewer resources. This includes providing detailed, understandable analytics on all its investments, maximizing liquidity so investors can enter or exit with ease, and preferring secure, stable cryptocurrency funds. Its pre-sale takes these efforts a step further, allowing investors from all backgrounds to get involved in digital assets and profit from them fully.
SOURCE Apex Token Fund
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article