Cryptocurrencies

INDX to offer stable passive Masternode income

London. 23rd May 2019 – Despite a challenging 18 months, the crypto sector still represents a considerable investment opportunity. INDX, a London-based index-linked crypto fund, has developed a proprietary algorithm that will make it simple and safe for investors of all sizes to enjoy stable, secure passive income from the fast-growing Masternode infrastructure that is supporting the blockchain and crypto sectors as they move into a more mature, regulated phase.

Masternodes are rapidly becoming central to the development of the blockchain networks. They offer secure, consistent validation that blockchains require to ensure that data is not compromised, challenging and replacing the old proof-of-work network.

INDX offers investors access to the sector through a tokenized fund in an algorithmically selected portfolio of Masternodes. In return, investors will receive passive income based on the Masternode yields.

The proprietary INDX algorithm scans the currently available Masternodes and selects a risk-managed outperformance portfolio which is overseen by a panel of finance and technology investment experts. The INDX platform then hosts the Masternodes, secures the wallets and collects the rewards. Simultaneously, the INDX Hedge protects the collateralised stakes against the risk of a market crash. All that investors need to do is buy an INDX token and they will receive 50% net dividend directly into their wallet each quarter. Additionally, the INDX token price is expected to grow on exchanges since the remaining 50% is reinvested back into the portfolio.

“This is a really exciting time to be involved in the Masternode sector which will significantly accelerate the functionality of the crypto sectors over the next few years,“ says Jonathan DeCarteret, CEO and Co-founder of INDX. “Our fund will make it simple for investors of all sizes to enjoy the benefits of the digital economy as well as opening the gateway for institutional capital into this new superclass of assets.”

INDX will launch its security token offering on 1st June 2019, before offering exchange listing and quarterly dividends from Q3 2019.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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