ICO Review - Dehedge
Hi Crypto Investors
Time for my second review and its in Dehedge. There is a second ICO out there called the Hedge, please make sure you do not confuse the two.
Remember this is not financial advice and I am not a registered financial advisor. All decisions made, based on the information provided below, is at your own risk.
Dehedge has a pretty detailed whitepaper(64 pages), but to save you sometime I will give you a brief overview on their project.
The gap that Dehedge is plugging in the market is to protect investors in the unregulated market of cryptocurrencies. When you invest in cryptocurrencies you should know that your money is going into a very volatile market, which makes you rich one day and the next you broke. With the addition of ICO's(initial coin offering) into the market, the risk in cryptocurrency markets has increased. According to a Bitcoin.com survey, close to 46% of ICO's in 2017 has failed(https://news.bitcoin.com/46-last-years-icos-failed-already/).
So Dehedge is here to help all potential investors make a more informed decision on their investment and protect themselves. The offer of hedging in the crypto market couldn't have come earlier, as with the major downtrend this year, this would save so many investors from incurring large losses.
Dehedge will be your hedge provider, underwriter, hedge fund and market maker. On there platform you will have two options, to invest in ICO's or currencies that are already trading on an exchange. Their team will rate the different ICO's on their platform out of "100" and if minimum rating is not met, the project will not be listed.
The token of Dehedge is DHT which you use when you select a project or currencies. I have included a screenshot below from their whitepaper indicating the different options and how much tokens are required to hedge and the period you choose.
Should your investment drop below a predetermined price, to prevent loss the Hedge system automatically takes action to protect your investment and pays it into a wallet registered on their system.
The team behind the Hedge all come from a financial background and have strong ties in their banking environments. They have a wealth of experience and have thought this through. This is a project that I will definitely get into.
ICO opens on the 15 of March 2018 so get ready to buy if you believe this will be a success.
Have a good day and I will be back soon with another ICO.