What is a coin fund?
Brickblock will offer two types of coin funds: coin-managed funds (CMFs) and coin-traded funds (CTFs).
CMFs are actively managed by a fund manager. Each fund manager will be carefully audited by independent parties to determine and minimize risk.
CTFs are passively managed coin funds. Similar to ETFs, CTFs track an index. For example, The Top 10 Cryptocurrencies by Market Cap, or Smart Contract-Only Crypto Assets.
Will coin funds be tokenized?
Yes, investors will receive coin fund shares purchased through Brickblock as Proof-of-Asset (PoA) tokens.
Will Brickblock own the ETFs?
No, Brickblock will be the smart contract platform that initiates transactions between coin fund managers and buyers.
We plan to release our smart contract platform for coin funds in Q3/Q4 of 2018. Until then, check out our real estate page!