Honesty and transparency: The bedrock of KB Crypto’s philosophy

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Honesty and transparency: The bedrock of KB Crypto’s philosophy

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 Honesty and transparency: The bedrock of KB Crypto’s philosophy
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  • Cryptos, including BTC and altcoins like ETH, are a risky affair, especially for amateur retail investors
  • KB Crypto claims to use its two driving forces to infuse some degree of fairness in the crypto space
  • By using the idle BTC holding of its clients, this unique hedge fund strives to produce the best possible returns

Investment is one space where the general belief is that higher risks might deliver superior gains. There could, however, be two approaches to risk -- impulsive or calculated. The former can emanate from participating in discussions on forums like Reddit, which once led retail investors to pick a meme stock GameStop. The latter could, however, be a result of relying on a tried-and-tested fundamental to park money in relatively safer strategies.

But when it comes to cryptocurrencies -- often dubbed cryptos, digital assets, altcoins -- the risk is often on the higher side. One company, KB Crypto, claims to use Bitcoin (BTC) holdings of clients to invest them with a calculated risk strategy to benefit its investors.

KB Crypto is based in the Bahamas, and it operates in multiple jurisdictions. KB Crypto is on the quest to make the best of the traditional hedge fund business model with the popularity of blockchain-based currency Bitcoin (BTC). The company, using its proprietary software, strategically parks BTC funds of clients in assets that can help appreciate the value of invested funds. Earnings of clients are commensurate with their invested BTC as per the tier they select.  

Driving forces of KB Crypto

The first force, which the company claims to underpin, is honesty.

Mr. Devon Edwards, the founder and lead fund manager of the company, has an interesting history that he claims motivated him to start a hedge fund that uses cryptos to invest in assets including, but not limited to, commodities, energy, foreign currency, indices, and metals. He did not have a pleasant experience when he parked his own crypto holdings with companies that claimed higher returns -- so-called get-rich-quick schemes.

Image Source: Screen Grab KB Crypto PPT

This led to Mr. Edwards employing his technical skills and the knowledge of investment instruments and starting the KB Crypto journey. The company claims to have an honest approach toward using the BTC holding parked by clients. This includes parking funds in assets that may produce competitive gains in the near-to-medium term. This fair deal includes sharing returns with all clients in proportion to their invested funds.

Also read: Deciphering debate around Bitcoin as reserve currency

It is a common criticism that the crypto industry lacks the requisite transparency. This led to KB Crypto adopting transparency as the other core that reinforces its ecosystem.

Mr. Edwards is of the view that a client must be fully aware of how the fund is using the invested money and what are the risks and benefits involved. Letting the clients fully understand the business model of the company, Mr. Edwards claims, is at the heart of KB Crypto. To further extend this, clients have the option to participate in conversations and have a fair and transparent idea of the benefits that have accrued or might accrue in the future.

Though it is usually stated that all BTC transactions are recorded on a decentralized ledger, there have been instances when weaknesses of blockchain technology were exploited by hackers. The sector and its participants cannot miss on fairness and transparency, and KB Crypto claims it is a leading force in this direction.

Also read: Bitcoin bond and Bividend: 2 new extensions of Bitcoin?

What can these forces produce?

KB Crypto is a hedge fund with a unique twist. The company claims to be using the above two driving forces -- honesty and transparency -- to make the crypto space a little less risky and more rewarding. BTCs can be parked by clients, which KB Crypto converts into fiat currency, places them in varying assets like futures market, and finally, returns are shared in a fair manner with all stakeholders.

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.


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