You say:
"Through asset-backed derivatives based on shares of a fund of cryptocurrency, we will ensure increased investment in crypto which will lead to this market skyrocketing."
Well, the most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes. All of these are fiat-based. Which assets, specifically, back your derivatives?
In short, you're trying to connect fiat and cryto... and that's a "no-no" in my book.
The purpose of cryto is to be as different from fiat as possible. You're talking about a vault, a centralized vault, when the spirit of crypto is to be decentralized.
Thank you for the correction. You're right, that sentence didn't make much sense. What we should have written is: The availability of a securitized form of cryptocurrencies enables the creation of new derivative products. This in turn will drive demand for these securitized assets.
In order to build out decentralized blockchain infrastructure around the world trillions of dollars are required. As all the money/liquidity is concentrated in the hands of institutional investors, we as community need to develop solutions/products to bridge fiat and crypto and get necessary capital we need to develop our vision for decentralized future. Also in order to drive adoption for large institutional investors, our solution, is a turn key. It will work now, and not somewhere in the future. Our solution gives them titled ownership, tax clarity, clearing&settlement, judicial recovery. All of which is a must in order to drive adoption.
