Aeternum - One Fund. One Coin - The key to Financial Independence
Hi friends, let me let you on an incredible news.. It's Aeternum!!!.. The key to Financial Independence!
PRESENTATION
Aeternum Coin and its initiators have set themselves the goal of generating a crypto currency which in a kind of cycle ensures that the intrinsic value grows steadily. For this purpose, a team has been put together which consists of specialists from the IT, the programming, management, law, distribution, mining and especially from the high-frequency trading.
Proceeds resulting from mining will be split and invested as follows: one part of the proceeds will be provided to aeternum Fund for further investment and trading in cryptocurrencies; the other part of the proceeds will be used by Mining Tec for further investment in and upgrading hard- and software for the mining rigs. Therefore, the investment cycle will continue without a final end date, almost eternally (thus the name of the coin: aeternum, from Latin).
Only holders of the aeternumcoins will be entitled to invest – via a managed account – into aeternum Fund. The performance and the net asset value (NAV) of aeternum Fund will be published on its website (www.aeternumfund.com).
Smart Contract
The AET token functions on the Ethereum Blockchain Network with ERC20 conformity. The Ethereum Network provides key benefi ts for a wide-scale sale of the token including, but not limited to, support from existing Ethereum clients and the ability to be traded in exchange for one of the leading crypto-currencies on the market, ether. It also allows the AET token to take advantage of infrastructure already in-place for trading similar tokens all over the web. Further, the turning-complete nature of the Ethereum Blockchain, as well as its wide acceptance on the market, provides the dual benefi ts of allowing the contract to carry complex functions while still being predictable and secure.
With the minimum of one Ethereum contributors may buy AET tokens which they will receive credited to their respective wallet following the ICO . The proceeds resulting from the ICO will be, on the one hand, converted into EUR and/or USD in order to purchase and subsequently operate mining rigs (step 2 in fig above), and, on the other hand, provided in form of Ethereum to aeternum Fund for trading in cryptocurrencies (step 3 in fig above). Profits from the operation of the mining rigs will be split as further investments in the form of purchase of mining rigs and (2) providing further funds (in the form of cryptocurrencies) to aeternum Fund.
ICO
Name: AET token
Symbol: AET
Type: ERC-20
Amount of Tokens Issued: 100 million
Issue Price per Token: $ 1.30 as of March 1, 2018
Discounts: $ 1.00 as of January 1, 2018
$ 1.20 as of February 19, 2018
Presale Phase: January 1 through February 28, 2018
ICO Phase: March 1, 2018 until all 100 million tokens are sold or June 30, 2018
Accepted currency: ETH
Minimum threshold for participation: 1 ETH
Total Supply: 250,000,000 Tokens
ICO: 100,000,000
Advisors, Founders, Employees: 50,000,000
Created and Reserved by MINING TEC: 1000,000,000
Token Issue Date:
March 1, 2018 for those who invested prior to this date or immediately upon purchase, if purchase is made after March 1, 2018
Usage
Mining rigs (hardware) will be purchased, installed and operated in hydro power plants;
Ethereum will be provided as liquidity for aeternum Fund to commence crypto-currency-trading.
Also, proceeds would be used for covering third party cost.
The Project
With the minimum of one Ethereum contributors may buy AET tokens which they will receive credited to their respective wallet following the ICO . The proceeds resulting from the ICO will be, on the one hand, converted into EUR and/or USD in order to purchase and subsequently operate mining rigs (step 2 in fig above), and, on the other hand, provided in form of Ethereum to aeternum Fund for trading in cryptocurrencies (step 3 in fig above). Profits from the operation of the mining rigs will be split as further investments in the form of purchase of mining rigs and (2) providing further funds (in the form of cryptocurrencies) to aeternum Fund.
The contributor who has bought AET tokens may then, in his sole discretion choose whether he will invest – via his AET tokens – in aeternum Fund, or sell / trade some or all of his AET tokens on an exchange for cash or other cryptocurrencies. Detailed explanations relating to aeternum Fund and mining are set forth below on the following pages.
Project timeline
Nov 2016 through Feb 2017: the initial development relating to the installation and operation of mining rigs in hydro power plants commenced including the programming of the necessary software for mining
December 2016 and ongoing: successful operation of mining rigs in hydro power plants
July 2017 through August 2017: in cooperation with Hendrik Klein, development of algorithms with a focus for trading in various cryptocurrencies and specializing on their volatilizes
Sept 2017 through Dec 2017:
finalization of development of algorithm based trading system in crypto currencies
development and programming smart contract
January and February 2018:
code review of smart contract final testing of trading algorithms
Jan 1, 2018 through Feb 28, 2018:
official pre-sale of AET tokens
March 1, 2018 through June 30, 2018: Initial Coin Offering (ICO) of AET tokens
On or about July 1, 2018: AET token is listed for trading on exchange aeternum Fund is open for investment by the use of AET tokens.
Aeternum Fund
aeternum Fund will be established and incorporated in the Cayman Islands. The asset manager will be Lunde Asset Management, Switzerland. The managed account will be held by Interactive Brokers LLC, US. The trading itself is conducted by Hendrik Klein. Hendrik is an experienced trader (EUREX) specialised in quantitative investment strategies. In the past he has implemented sophisticated algorithms to track economic indicators. The algorithm systems analyse news based on which investment decisions are made: the strategy scans newsfeeds for econometric indicators to trade as soon as there are discrepancies between the consensus view and the actual news data. What the algorithm essentially does is predicting how specifi c instruments will behave when a piece of news comes out. There is, therefore, a high probability of the markets will move the way the algorithm predicts. All trades placed by the system are short-term – just a couple of minutes at the start and at the end of each day – after which the portfolio reverts back to cash. Hendrik has been successful with his strategies in the past, thus winning various awards, eg
Best Systematic CTA, Hedgeweek Global Awards 2016 1
Best Event Driven Fund 2012 (fi rst place), Exante Awards 2012
Relative Value (fi rst place), IBC’s Annual Hedge Fund Award 2009
Relative Value (third place), IBC’s Annual Hedge Fund Award 2008
aeternum Fund will use funds received during the ICO to primarily invest, trade and hold cryptocurrencies.
aeternum Fund will not only invest in cryptocurrencies but also hold a minimum of the assets in an amount of fi ve percent in gold. The algorithms developed and successfully used in the past have been adapted to cover cryptocurrencies, their respective trading and news data relating to them and, thus profi t from the volatilities of cryptocurrencies. aeternum Fund will, however, be entitled to invest and trade in other asset classes (eg equity, debt, ETF, etc) if the fund’s management deems necessary and advantageous in the interest of the investors.
Shares in aeternum Fund can only be purchased, through a managed account, with AET tokens.
We expect aeternum Fund to be established and in operation by the beginning of July 2018, at the latest.
The fees are:
1.5 percent annual management fee
20 percent high water mark
Until now, there are only few funds which only hold and trade in cryptocurrencies, although we believe that this will change over the coming months. Of course, aeternum Fund will bear large risks like any other fund. However, it will give professional and retail investors the opportunity to participate in the growing market of cryptocurrencies and profi ting from its volatilities without having to become personally involved with all the diffi culties of buying, selling and monitoring the individual cryptocurrencies and markets.
Mining
Mining Tec has secured the abilities and resources of mining farms in Austria. We have collected vast experience in establishing and operating mining rigs in hydro power plants (mining farms) located throughout Austria. These hydro power plants generate “green energy” which is used for mining. The mining rigs which we currently operate and service through an affi liate are, to a large extent, owned by third parties which receive the profi ts from mining.
Roadmap
-December 2016 and ongoing
Successful operation of mining rigs in hydro power plants
-July 2017 through August 2017
In contract with Hendrik Klein, development of algorithm with focus for trading in various cryptocurrencies and specialising on their volatilities
-Sept 2017 through Dec 2017
Finalizing of development of algorithm based trading system in crypto currencies
Development and programming smart contract.
-January and February 2018
Code review of smart contract final testing of trading algorithms
-Jan 1, 2018 through Feb 28, 2018
Official pre-sale of AET tokens.
Initial Coin Offering (ICO) of AET tokens.
-On or about July 1, 2018
AET token is listed for trading on exchange aeternum Fund is open for investment by the use of AET tokens.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time...
For more information, please visit:
Website: https://www.aeternumcoin.com/
Whitepaper: https://www.aeternumcoin.com/res/docs/aeternum_whitepaper.pdf
Announcement: https://bitcointalk.org/index.php?topic=3078593
Telegram: https://t.me/aeternumcoin
Facebook: https://www.facebook.com/aetcommunityen/
Twitter: https://twitter.com/AeternumCoin
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.