INDX, a London-based crypto passive income fund, has released a report comparing traditional assets with their cryptocurrency counterparts that generate a regular payout. The firm has also expanded the scope of its native INDX token, which currently pays a quarterly dividend, by adding two additional revenue generating asset classes: Delegated Proof of Stake (DPoS) and Staking.
The INDX report, entitled ‘Traditional vs Crypto Passive Income’, compares the performance of government bonds, tracker funds, and peer-to-peer lending, with the emerging generation of crypto assets: Staking, Masternodes and DPoS.
The report finds the financial barriers common among traditional income investments are replaced by more technical ones, as more adventurous investors seek to add them to their crypto portfolios. While presenting greater risk, the greater ROI seen historically in crypto make it an attractive proposition, particularly with greater regulatory oversight and investor protections now being implemented. However, managing wallets, hosted servers and the numerous exchanges required to realise the returns as everyday money, tend to be off putting to all but the most computer savvy. Prior to the launch of INDX, this made it difficult for most mass market investors to build this segment into their crypto strategy.
INDX can be easily described as an index-linked crypto fund that gives retail and institutional investors access to the passive income benefits from cryptocurrency. “Using a proprietary algorithm to research the best Masternode, DPoS and staking investment opportunities, this data is then continually reviewed and managed by our expert investment committee. Once approved, assets are acquired, and profits are distributed to INDX token holders,” the company explained in a recent press release.
The underlying INDX algorithm and technology platform, alongside a strategic alliance with BlockMatrix, now makes it simple to add additional asset classes to the INDX token. INDX and its token holders will now benefit from a significantly wider range of revenue-generating digital assets as major DPoS networks such as Cosmos, ICON, Loom Network, Ontology and WAX go live.
“There is industry speculation that Facebook is about to enter the crypto market, and will be using a Masternode network,” observes Jonathan DeCarteret, CEO and co-founder of INDX. “The addition of such a key global player validates the Masternode infrastructure and will facilitate capital inflows. But it will also normalise cryptocurrency in the eyes of a broadly sceptical public and help move us to an era where value exchange is as simple as sending a message on a mobile device. For the last two years, INDX has been developing a platform that offers the simplest access point to this rapidly expanding superclass of digital assets. All facilitated by the INDX token. INDX token holders receive a regular passive income and can be easily traded on exchanges.”
INDX launched its security token offering on June 1, 2019 to institutional investors, with the public sale due to commence on July 1. Initial dividends will be paid to INDX token holders in Q3 2019, with a 44% yield forecast from the US$15m fund.
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