Since the Chinese crackdown on cryptocurrencies earlier this year, the crypto mining landscape has changed considerably.
The most immediate effect of China’s crypto crackdown was making the cryptocurrency a lot more affordable. In addition to sending market prices plummeting, the global hash rate also more than halved over a seven-week period from mid-May to early July.
The whole Bitcoin mining scene has undergone a massive shakeup, but one company trying to position itself at the forefront of this new China-less scene is Helios Fund.
Helios Fund is billed as the first investment fund tailored for retail aiming to extract value from the production of cryptocurrencies. This recently announced pioneer investment fund is designed to reduce the costs of mining in order to maximize the profits for the investors.
Previously, investment funds such as this were generally not open to the ordinary investor. Now, Helios Fund has opened this innovative fund to the general public, meaning anyone can benefit and be rewarded and not just big institutional investors.
By constantly analyzing and measuring the profitability of all cryptocurrencies, Helios Fund will generate the perfect portfolio of cost-efficient assets. When market trends move, the Helios Fund research team will act and follow accordingly. Helios is an adaptive fund that doesn’t stay static as early crypto funds have done in the past.
How Helios Fund Works
The Helios Fund works by setting up both altcoins and bitcoin miners so that risk can be spread across a basket of several cryptocurrencies like bitcoin and what is calculated to be, the most profitable altcoins.
All devices used for mining are chosen because of the cost-efficiency ratio and durability, with a close eye kept on any new, more efficient mining operations coming into the market.
Also, the Helios Fund will ensure that there is always access to cheap electricity, ensuring optimized efficiency and profitability, all of the time.
Payouts are made in Bitcoin as all new altcoins mined get converted into the granddaddy of digital assets once the best market conditions are met.
The Helios Fund has selected bitcoin as the main store of value for the portfolio due to its reliability, popularity, and profitability, so returns are maximized,
The Helios Fund Tokenomics
A look under the hood of the Helios Fund will tell you there are some solid tokenomics here.
The total HFT token supply will be limited to 21 million and the token distribution will be:
Reserve Treasury – 60%, Reserve Fund – 8%, Team and Founders – 15%, Board advisors – 4%, Marketing and Bounty, 7% Ecosystem development.
The HFT allocation will be:
50% Mining Power, 30% Marketing and 20% Business Development.
Why Choose the Helios Fund?
Although still in its infancy stages, there is much to look forward to and get excited about. Helios Fund has European licensing and regulation planned and a pre-sale of the native Helios Fund token ($HFT) powered by Ethereum blockchain technology planned for the final quarter of 2021.
Because so new, there is still a lot of milestones to be achieved. However, this looks like a unique and interesting project. An EU licensed and regulated platform will offer security and safety, whilst the 9 x returns offered after three years, make this an attractive prospect indeed. Certainly, one to watch out for over the coming months.
For more information, you can visit the Helios Fund website here
helios fund seems interesting
firs i’ve heard of helios fund
worth looking at i guess