The rise in the popularity of the ERC-20 token protocol and coming of smart contracts, has made various DAPPs in the Ethereum to spring up. Although there are a few projects that standout there are others that are air coins and trash coins. As the digital currency market continues to be saturated with it becomes more difficult for investors looking to pick on good project to invest on. Getting info about the few available good projects on time is also a major problem faced by investors.
On the side of the developers, they end up being confronted with the challenge of how to raise start-up funds to kick start the project as investors are being very cautious of project they invest in.
ICO is one of the earliest and widely used investment and financing solution in the currency circle. Although it has recorded success cases, there is however a large number of scammers and air projects saturating them. They raise fund for projects and then nothing is heard of it anymore, investors end up losing their money. $mart investment seeks to put an end to this and make sure good projects get the fund they need and investors get the profit they desire.
The $mart investment ecosystem comprises of a $mart Fund and a couple of DAPP projects invested. The entire system is completely decentralized, and uses voting in investing in DAPP projects with clear profit model that is based on the on Ethereum smart contract, with real-time dividends. The invested project generates revenue, the smart contract immediately transfers it to the $mart fund, and the $mart fund allocates it to the $FD holders in real time, and the amount in the wallet can be seen to continue to grow.
New Projects Rebate: For new projects, similar to income is mining, the resulting eth income, return the specified proportion of $FD, the initial 2 times equivalent, reduced by the exponential function, reduced to 1.414 times at cost recovery, and reduced to 1 time when the cost is recovered twice, attracting players to enter the market and helping the new investment projects to start quickly.The income is recorded in the daily limit of 1% of the reserve, and the excess is automatically queued. Since the fund uses the low reserve bancor protocol, the rebate activity will not lead to losses, and the $FD which is staked, and failure to sell in the short term will not result in a price drop.
Staking & Unlock: The $mart fund can be circulated and staked, and can be circulated and transferred,and can be traded on the exchange; the smart contract staking operation can be immediately converted into a $FD, and the project can enjoy real-time dividends and vote for investment decisions. The smart contract unlock operation gradually converts to tradable funds, the total unlock amount is 2% reserve per day.
Purchase Redemption Limit:
The Smart Fund can also be exchanged in the primary market but part of the fund's reserve is invested and profit recovery takes time. To guarantee stability of investment the redemption is limited to 1% of the reserve daily and the excess needs to wait.
The Smart investment ecology is designed to maintain stability in the price of $mart Fund. The $mart fund uses Bancor protocol, and the fund price is positively related to the reserve balance. Each purchase will result in a slight increase in the unit price of the fund; each project income will also cause the unit price of the fund to rise slightly; each redemption will also result in a slight price drop.
Useful Links
https://medium.com/@1smartfund
https://twitter.com/fund_smart
https://www.facebook.com/onesmartfund/
Bitcointalk Username: Ifezanku
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2587908
ERC20 Address: 0xB066d4Db3b9441A071c58855DA76a479b288Ef6a