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/biz/ - Business & Finance

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17115982 No.17115982 [Reply] [Original]

With the bullish market at the moment I think this Two Prime CTO thing might actually work out really well, who is with me?

>> No.17116139

This gives me ICO vibes back in 2017
Everything simply pumps with or without a valid reason

>> No.17116171

>>17115982
Im not sure about this one, you can better be safe and just hold eth & btc
Though the gains might not be as huge

>> No.17116210

>>17115982
Well the founder is the previous owner of JBoss and sold it for $420mil. I believe that this guy knows what he is doing.

>> No.17116242

CTO? Chief technology officer what?

>> No.17116252

>>17116242
It's continuous Token Offering, similar to what EOS and XRP did

>> No.17116318

>>17115982
What is this?

>> No.17116338

>>17116318
The FF Accretive Token, registered in Hong Kong, will use the proceeds from its initial issuance to make crypto-related investments in a structured portfolio of cryptocurrencies, debt and equities with the goal of generating accretive cash flow, according to a company release. Instead of releasing all the coins at once like most initial coin offerings, Two Prime will issue the tokens continuously into the market based on demand.

The firm will release an initial five million tokens (just five percent of the 100 million to be created in total) onto the secondary markets, with the rest being released over the next 10 years. That's similar to the approach taken by Ripple with its XRP sales, and the firm said the process resembles equity fundraising.

Two Prime's FF Accretive Token (FF1) will initially to be traded on Japan-based crypto exchange Liquid in late February, starting at $3 per token, the firm said.

>> No.17116358

>>17116338
Lol ok but how can we profit from it and why?

>> No.17116371
File: 143 KB, 600x400, 65B52CA4-4D76-4EAD-9A0D-E9543FFFF3D3.png [View same] [iqdb] [saucenao] [google]
17116371

Better buy link
Im telling ya

>> No.17116394

>>17115982
Foo Fighters?

>> No.17116405

>>17116358
Its first iteration (the FF1) will be invested in the blockchain sector and will demonstrate how a cryptocurrency — backed by assets — can generate demand and velocity with rapid fund formation. Specifically, the funds raised through the sale of the FF1 goes directly to the Open Source Foundation, which Two Prime manages, with the investments going to public and private sector crypto assets such as cryptocurrencies, debt, and equity instruments.
The FF1 token is a hedged and diversified way to invest in the blockchain industry. Unlike Bitcoin — which investors are HODL-ing and speculating that its value will eventually rise — the FF1 token is backed by a basket of real assets managed by our investment team. Similar to an index token, FF1 is simply a token that represents a diverse range of crypto-assets and real world projects in the blockchain space, providing token holders with exposure to a managed cross-section of the industry. For the long term, if the CTO function is proven, there should be a smoother curve of return in the token price itself.

>> No.17116501

It’s all fake pump market will drain in pain soon

>> No.17116514

Why is this guy not retired tho with his 420million dollar

>> No.17116530

Everything but BTC is going to die just you wait

>> No.17116549

>>17116338
>Two Prime's FF Accretive Token (FF1) will initially to be traded on Japan-based crypto exchange Liquid in late February
does Liquid allow burgers?

>> No.17117467

>>17116549
Don’t think so. US regulators have been a pain in the ass for quite a while now