Tasc Token – token as a fund

TASC is rules-based all- crypto backed multi – strategy TOKEN as – a – fund!

Created to grow crypto asset portfolio in Bull market and preserve value in Bear market.
The objective of multi-strategy token is to deliver consistently positive asset appreciation regardless of the directional movement of cryptocurrencies prices or other external factors, while preserving its net asset value. Strategies adopted in a multi-strategy token include but are not limited to, active trading ( buy and sell crypto assets), HODL strategy, leverage or short positions, asset lending , “proof- of- stake” mining, algorithmic trading and arbitrage.

Multy – strategy.            

The objective of multi-strategy token is to deliver consistently positive asset appreciation regardless of the directional movement of cryptocurrencies prices or other external factors, while preserving its net asset value. In general, the risk profile of the multi-strategy classification is significantly lower than single- strategy classification. By definition, multi-strategy token engages in a variety of investment strategies. The diversification benefits help to smooth positive asset appreciation reduce volatility and decrease asset-class and single-strategy risks.

All – crypto backed

Asset backed tokens is the process by which an asset is “converted” into tokens which can then be purchased, exchanged or just held.

TASC tokens can be acquired by exchange with ETH, BTC or LTC. 100% of the coins exchanged with TASC Tokens will form a pool of underlying crypto assets.The TASC portfolio’s constituents include cryptocurrencies, crypto-coins and payment tokens (“exchange tokens”), utility tokens and similar crypto assets.

The portfolio is managed by team of investment managers and professionals with tech background that have more than 50 years between them cumulative investment management experience.

The price of the token is updated on a monthly basis – on the last day of the respective month and updated on the Token’s website. Market capitalization is based primarily on reports from coinmarketcap.com and the biggest trading platforms.

Token as a fund

Tokenized funds represent a new paradigm in the investment space. In a tokenized investment fund, no third party is needed to keep track of investors and their invested amounts – the Ethereum blockchain removes this intermediary, providing a trustless and transparent platform upon which tokens can be transferred.

TASC is similar in structure to the tokenized investment fund, as the Token’s NAV is attached to the value of the underlying crypto assets.

The token works by using smart contracts to peg crypto assets to TASC . TASC’s price will, in turn, move with the performance of those coins.

Tokens can be bought from and sold back to UREX on demand at any given moment.