Cryptocurrency backed by the top 30 cryptocurrencies
The CombiCoin is what the name implies a combination of cryptocoins, very similar to an equity fund in stock market. CombiCoin is an Ethereum based coin that is 100% asset backed by the top 30 of the currencies with the highest market cap on the cryptocurrency market. At time of creation each cryptocurrency of the top 30 will determine 1/30th of a unit of the CombiCoin. The CombiCoin will always benefit from the growth of the currencies asset backing it and at the same time diversifying the risk significantly.
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