Cryptocurrency investment has gone mainstream with total markekcap reaching an all time high of over 800 billion dollars sometime early this year, this show the number of people that are investing into cryptocurrency But investing into cryptocurrency is also problem, which includes:
- Choosing the right investment
- knowing the right time to take profit from your investment.
Over the years investors rely on Robo-advisors to provide financial advice or Investment management but there are issues which makes Robo-advisors a risky one in the long run which includes:
- High costs mainly due to outdated and labour intensive operating models
- Limited access to multiple investment opportunities, resulting in poor results for the client
- Sale of captive products without real competition between asset managers.
But How about having a platform that will give you access to full digitized platform on which to manage all savings and investments? Well PHI does just that; let's find out how PHI works
What is PHI
PHI (Platform for Hybrid Investment) is the first hybrid Robo investing platform that allows to invest both in traditional and crypto assets.
PHI wants to create the first platform for investors who want to invest their funds in different avenues — including cryptocurrencies — managing everything through a single interface.The platform will allow any managers to offer their services and the users will choose the best performing manager to follow this ensures the users have great return for their investment and the managers also earn return for the good service they provide. PHI wants to become the first Wealth Management marketplace that combines traditional finance and the crypto world into a new, higher return and more robust way to invest in the long term.
The PHI platform will solve the critical problems of the Wealth Management industry due to the following reasons:
- It will reduce the commercial supply chains via digitalization and lower the costs of providing investment services.
- It will enable you to invest in multiple investment vehicles, including Crypto Assets which represent a fantastic investment opportunity.
- It will create a comparison between Asset Managers and Wealth Managers by stimulating competition and therefore obtaining better returns for the customer.
How does PHI works
The PHI platform will allow you to choose different managers or consultants, different depository banks, offering a complete overview of all the existing financial instruments, including digital currencies.
The difference with other crypto related project is the use of the blockchain for improve the transparency and security in the financial field and the use of the PHI Token to reduce the cost of distribution; so the PHI Token is related to a business model only partially involved in crypto investment and this feature give a greater stability to the project itself.[https://medium.com/eidoo/phi-token-partners-with-eidoo-to-launch-its-ico-9d3bd10bcc7e]
PHI have scheduled their ICO for the sale of their PHI token you can participate and join in the upcoming Pre-sale
Learn More About PHI:
White Paper
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Note: This is not a financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.
This is great project.
Thanks for your detailed post.