First Crypto ETF (FCTF) is a fund with a unique platform, using blockchain technology and our proprietary authorized engine, which perfectly manages digital assets. It acquires a basket of crypto currencies to a portfolio. Against this portfolio are issued tradable tokens, which can be bought or sold on crypto exchanges, peer-to-peer platforms and other venues. It all happens in real time, all around the world. The price of the tokens tracks the value of the coins in the portfolio, and it’s traceable thanks to blockchain technology. First Crypto ETF (FCTF) will allow everyone, instead of buying several coins, to simply buy one token representing a basket of top-traded high-demand coins.
Through pre-ICO and ICO First Crypto ETF pools sources for building infrastructure, programming, evangelistic and marketing costs and for creating initial basket of crypto currencies (the portfolio), which will be sold through tokens on crypto-exchanges. Three months after the launch of First Crypto ETF on exchanges, we will initiate the first buyback offer of FCTF tokens.