The reason we've included the word 'smart' in smart baskets: The platform provides the ability for baskets to minimize their losses or error rates. In other words,
to determine for themselves whether or not to include
additional cryptocurrencies or components from related baskets that
may increase overall returns. Smart Basket ETFs that interact this way with one another will conduct these kinds of transactions between one another using the Vectorspace Utility Token, VXV, which is also required to dynamically generate baskets.
Components within the dynamically generated baskets can be made up of cryptocurrencies along with other new innovations for stores of value in the cryptocurrency space that may arise in the future. Traders, investors and funds can optimize basket returns by applying filters such as technical analysis indicators and custom algorithms. Human researchers and curators of baskets are allocated VXV for their work in this area. The VXV utility token can be used to purchase blocks of dynamic basket generations in addition to subscriptions to higher level features offered by the platform, including transacting baskets as trades on exchanges. VXV utility tokens are awarded to creators of top performing baskets, which are displayed on a leaderboard each month.
Founder of LovelUp.net
Growth marketing and business development within the cryptocurrency area offering more than 8 years in planning, developing and marketing new solutions to consumer problems. Mr. Hassan is often involved with acute identification of consumer needs combined with developing innovative and competitive business partnerships.
Dr. Gordon Chiu is a visionary, an inventor, an entrepreneur, public speaker, lecturer, corporate advisor, father and an educator. He has a series patents and collaborations with multiple universities. He gave his first Tedx talk in 2014 in the field of graphene and his second Tedx on "inventing happiness". Dr. Gordon Chiu is engaged in the research of high level projects involving data analytics. As one who is interested in blending technology, science and cutting edge knowledge to create breakthroughs around the world, his skills range from a former research scientist at Pfizer and Merck & Co. to solid business links with Wall Street and Asia.