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Rhea ICO summary information

Project Description

Reha is a crypto-equity hybrid token, allowing users to hedge against volatility by investing in the index rather than in one single asset. Through the Rhea Crypto20 - the capitalization-weighted index, there will be multiple ways of hedging, speculating and investing in the cryptocurrency market without holding any individual currency. RHEA is an ERC20 token based on the Ethereum blockchain. Rhea token will provide up to 40% quarterly dividends to all token holders.Team:Detelin Sertov: Co-Founder Georgi Kirilov: Co-Founder Vesselin Antonov: Lead developer The Rhea ICO will begin on the 2nd of October 2017 and will last until the 30th of the same month or until the 50000 ETH funding cap is reached. 85% of the total token supply will be sold during the ICO for a 0.0008145 ETH starting price.Token Reserve Split:10% liquidity provision,4% long-term reserve,1% bountiesThe Rhea ICO features a bounty and bonus campaign.Bonus Structure:Price Per Token- Oct 2 - Oct 4- Oct 5 - Oct 8- Oct 9 - Oct 15- Oct 16 - Oct 22- Oct 23 - Oct 300.0008145063 ETH0.0008573750 ETH0.0009025000 ETH0.0009500000 ETH0.0010000000 ETH

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
RHEA Latest Updates
September 26, 2017

Why correlations matter

As the cryptocurrency market steadily evolves into a more mature state, hedging will become more valuable. This process is reducing the correlations between the top 20 cryptocurrencies, up to the point where they are lower than the norm for same sector stocks in equities.The chart below shows...

From: Rhea

September 19, 2017

Gaining and hedging cryptocurrency exposure

Cryptocurrencies are undergoing a transformation — they are becoming part of our daily lives. We can now buy things with Bitcoin, which means that the mainstream denomination of “useless digital asset” will soon be erased.One thing has remained unchanged so far — volatility....

From: Rhea

September 15, 2017

Hedging your cryptocurrency portfolio

Bitcoin CrashThe Problem15.09.2017 - Bitcoin and Ether are experiencing the longest losing streak for 2017 with BTC at $3,080 and ETH at $208. Since 11 September, the combined market capitalization of all cryptocurrencies has fallen from $167bn to $99bn. The fundamental reasons for this massive...

From: Rhea

September 11, 2017

Rhea bounty campaign

Rhea (RHT) is a revolutionary crypto-equity hybrid token. Our main mission is to create a clear synergy between the worlds of finance and cryptocurrencies. Rhea aims to achieve a crypto-equity synergy by adopting the best features from both worlds. From financial markets we will take long-term...

From: Rhea

September 06, 2017

Introducing the Rhea ICO

Rhea (RHT) is a revolutionary crypto-equity hybrid. Our main mission is to create a clear synergy between the worlds of finance and cryptocurrencies. Through the Rhea Crypto20 — our capitalization weighted index, we will enable multiple ways of hedging, speculating and investing in the...

From: Rhea

September 05, 2017

3 reasons why the Chinese ICO ban is good for Rhea

ICOs just became harder to reach for Chinese investors. The short government statement issued yesterday (translated by Coindesk) defined ICOs as illegal and put a halt on token trading:“ICO financing refers to the activity of an entity raising virtual currencies, such as bitcoin or ethereum,...

From: Rhea