With the advent of cryptocurrencies, the world has seen the rise of a new class of financial entities called digital assets. However, due to market volatility, financial instability and a lack of available information, it can be difficult for individual investors to manage their digital portfolios in an efficient manner.
Digital Assets Arrays (DAAs), as the name suggests, are economic units that are comprised of a combination of digital assets, much like index funds or ETFs. In recent months, DAAs have gained widespread appeal since they offer investors a simpler way to diversify their portfolios.
ICONOMI (ICN) is a fintech startup whose core offering is its digital asset management platform that has been designed to take care of an individual’s digital currency portfolio. ICONOMI’s native platform manages crucial aspects of various alt-currency exchange accounts and even diversifies holdings as per latest research data pertaining to the most promising currencies on the market.
Interested in ICONOMI? Here’s a quick rundown of the project:
Platform & Development
In short, ICONOMI’s core service module is its Digital Assets Management Platform. It allows DAA managers to offer investors a host of different asset management strategies. Investors have the power to choose from various DAAs and invest their holdings into the prospects they find most appealing.
The platform is relatively simple, good performance builds the credibility of a DAA manager who in turn is better-able to attract new investors and thus increase their fee-based payouts. Similarly, investors are given the option to choose from a range of DAAs by defining specific parameters associated with currency performance, market cap, and other technical thresholds.
The platform allows users to manage their digital assets 24/7, even giving them access to fast withdrawal services that are not bound by any lock-in periods. In addition, ICONOMI also supports a growing list of value tokens that have been closely studied and found to possess high liquidity.
From a security standpoint, ICONOMI employs the use of multi-signature protected cold wallets, which deliver a high degree of overall asset safety and enable a high level of transparency.
To use the platform, one needs to first sign up via the official company webpage and then deposit the desired amount of bitcoin or ether into one’s account. After all of the initial formalities have been duly completed, customers are granted access to a host of investment possibilities.
The project’s team is led by four finance industry veterans with nearly a decade of experience.
Tim Zagar is the driving force behind ICONOMI and serves as the company’s current CEO. He is an alumnus of the University of Ljubljana and has previously led operations for a successful European crypto payment gateway called Cashila.
Matej Tomazin is the COO of this venture. He describes himself as a serial entrepreneur and is involved with several other blockchain projects including Sentinel Marine Solutions, Mugo Interactive and MugoSurf.
Regardless of market performance, interest in alt-currencies continues to grow. ICONOMI has devised a unique platform that can help customers take advantage of managed digital asset portfolios and to hopefully reap sustainable, long-term returns — something that is often a rarity in today’s volatile crypto markets.
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Disclaimer: The author(s) of this article may have a position in one or more of the cryptocurrencies mentioned above. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.