Fintech Blackmoon says it has “solved” the crypto challenge by creating investment solutions that combine a simple strategy, returns superior to Bitcion and low fees. Today, Blackmoon has announced the launch of three different crypto indices accessible via asset tokens on the Blackmoon platform.
Blackmoon CEO Oleg Seydak says they have delivered on their promised roadmap and their commitment not to charge performance fees.
“Asset management is not our core business, we develop the platform for the asset tokens. We believe we should share the opportunity with the broader crypto community.”
Blackmoon’s offering has minimal investment requirements of 0.01 BTC. They point to the fact these requirements are 100x less than that of the accredited investor only index fund announced by Coinbase.
Blackmoon says their strategies can outperform Bitcoin performance due to its strategy (of one fund) to invest in coins that showed the largest volatility in last 24 hours. This fund apparently outperformed Bitcoin by 63% in last three months (data as of beginning of June).
The second fund dynamically allocates from cash to the top 6 coins should the market go up and back to cash when it goes down.
Blackmoon states that this algorithm showed 19% alpha to Bitcoin over the same period.
The third fund is described by Blackmoon as more conventional. It invests in top the 20 coins by market cap. This strategy performed side by side with Bitcoin over the last three months but beat Bitcoin by 472% since early 2017.
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