Xcel Token

Investment platform CurioInvest and Seychelles-based digital asset platform MERJ Exchange Ltd . will jointly begin offering a token backed by collector luxury cars. The so-called Car Token (CT1) token is set to be attached to the value of collectible cars giving more people a chance to have a portion of an asset, BNN Bloomberg informed on the 30th of January, 2020. The company specified that the appeal of the token also lies in the fact that the value of such goods continues to increase in value. “ When you look at fine art, collectible cars, they have been perceived historically as safe havens ,” said Fernando Verboonen, founder and CEO of CurioInvest. Verboonen added that each holder of CT1 tokens will be an advantage from holding a portion of an asset, though did not delve into a comprehensive explanation at that juncture. CurioInvest’s site stipulates that a token owner is able to share in any latent profit when the vehicle is resold, where the amount of mone...

In the traditional world of finance, the performance of different assets could vary under different market conditions. For example, real estate investment trusts could outperform general equities in a turbulence market, and defensive stocks could disappoint investors when the appetite for risk is heightened. That’s when diversification comes in. The main purpose of exposure to different asset classes is to balance risk and return in a portfolio. In the cryptocurrency space, diversification could also be one of the ways to manage risk exposure . However, some would argue that it is impossible to diversify a crypto portfolio due to the fact that major altcoins are highly correlated with Bitcoin . However, with a carefully selected basket of altcoins — in conjunction with stablecoins — investors could able to navigate the market more effectively with manageable risk. There has always been a debate about putting all your eggs in one basket. While in some cases concentrating on on...

In order to understand how crypto can become a source of passive income, we must first understand or define what passive income is. What is Passive Income? Passive income is earnings derived from a rental property , limited partnership or other enterprise in which a person is not actively involved. As with active income, passive income is usually taxable. However, it is often treated differently by the Internal Revenue Service (IRS). Portfolio income is considered passive income by some analysts, so dividends and interest would therefore be considered passive. Passive income is a big step for cryptocurrency : it’s about time that people use digital assets productively. There are options that vary in time-intensity to fit one’s investor capacity and crypto needs at the same time. Cryptocurrencies are complicated so you need to make the point that it could be very easy . It’s common knowledge that institutional investors, specifically from CME , are increasingly em...