Trakx.io is a project based on crypto trackers. Crypto trackers are tokens which significantly reduce the complexity and fees associated with the setting of long and short positions on various cryptocurrency assets. Users will be able to trade on Trakx platform the digital tokens that are positively or negatively correlated to the tracked underlying crypto assets.
To learn more about crypto trackers, please have a read on this article.
https://medium.com/@Trakx.io/what-are-c ... b474ab484c
It is fair to say crypto tracker is an equivalent version of ETFs in stock market. A lot of investment options can be offered by crypto trackers and Trakx is taking the initiative to build a platform for us to gain access to this investment tool.
Furthermore, the trackers that are going to be launched by Trakx once the platform is ready are all asset-backed tokens. The Trakx team vows to keep the ratio of trackers to crypto reserve one-to-one. This means that for every tracker token that they issue, there is a correspondent cryptocurrency coin in their reserve.
To learn more about asset-backed token, please have a read on this article.
https://medium.com/@Trakx.io/overview-o ... f1986de233
Trakx is offering its own token, namely Trakx tokens (TKX) to be used in this platform to trade trackers. The launch of public crowdsale of TKX will be on 1st Jan 2019 until 31st Jan 2019. Now, there is a bounty program ongoing for us to get free TKX before the public crowdsale. Join the program now to get some free token if you think this project is promising.
Click here to join the bounty program!
For more information, you can have a read on my blog here.
https://faucetexpert.wordpress.com/2018 ... token-tkx/