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RE: Bit20 - The cryptocurrency index fund

in #bitshares8 years ago

Congratulation @estefantt for launching this great tool for the crypro community. So how does this differ from what ICONOMI is building? Bit20 is back 175% of his value. Does it means back by BTS? Thks

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I'm not very familiar with their project but it seems that ICONOMI is a decentralised platform. Bit20 is not a platform, it's a cryptocurrency index fund build on a platform. Bit20 is a new market where you can borrow, short, buy and sell BTWTY (Bit20 asset representing the cryptocurrency index fund).