First Crypto ETF is to Launch a pre-ICO before Embarking on a Full Coin Sale

[coincrypto]

First Crypto ETF is to launch a pre-ICO before embarking on a full coin sale. This is the first ETF in the crypto-currency world, with First Crypto ETF be buying 10 cryptocurrencies with high liquidity and daily trading volumes. First Crypto ETF’s portfolio will include Bitcoin, Ethereum and Litecoin as well as Zcash and Monero. Against this package, a token will be issued that can be traded on cryptocurrency exchanges worldwide.

Trading will also take place over peer-to-peer platforms, with day-to-day operations controlled by a unique technology – the Authorize Engine – running on proprietary hardware infrastructure and algorithms.

The full article: https://coinidol.com/first-crypto-etf-pre-ico/

[coincrypto]

First Crypto ETF offers key ICO participants membership on Board of Director

First Crypto ETF has announced it will give key investors the chance to have a say in the company. Any investor or group of investors who control more than 1.000.000 tokens can nominate an individual to become a member of the Board of Directors.

“It´s a natural step towards greater transparency, giving pre-ICO and ICO participants the chance to control the company´s daily business and activities,” said First Crypto ETF Chief Executive Officer Peter Vrabel. First Crypto ETF said it would help ward against the experience of some ICOs, which saw projects raise money only to disappear soon after. “This kind of behaviour is unacceptable,” said Vrabel. “Investors should not be victims.”

The full article: https://coinidol.com/first-crypto-etf-o ... -director/

[OneChain]

I really hope sometime at least one crypto ETF gets approved. SEC just rejected two more