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Nescience Software- Portfolio Rebalancing & Direct Indexing


CLR MATCH ROUND 5

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ROUND 5

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Next update : 1 month, 3 weeks ago | Last updated : 1 month, 3 weeks ago

CATEGORIES

Defi

Description

{"ops":[{"insert":"-----------------------------------------------------------------------------------------------------------\n\t\t\t\t\t\t\t\tCryptocurrency Markets:\n-----------------------------------------------------------------------------------------------------------\nThere are a number of rebalancing services/tools available on the market, each claim to provide reduced risk (measured in terms of volatility) to cryptocurrency portfolios and each claim to provide various levels of generated alpha.\n\nNescience offers the same as any competitors and more, at no up front cost to users.\n\nMost important, our tool is the only solution that stores API keys completely client side. Smaller investors and those with a high risk tolerance may accept third party API custody, but given the many recent controversies surrounding the exploitation of security flaws in similar services, we see such risks as unnecessary and unacceptable.\n\nA demo is available 24/7 at : "},{"attributes":{"link":"https://www.twitch.tv/nesciencesoftware/"},"insert":"https://www.twitch.tv/nesciencesoftware/"},{"insert":"\n-----------------------------------------------------------------------------------------------------------\n\t\t\t\t\t\t\t\tTraditional Markets:\n-----------------------------------------------------------------------------------------------------------\nThe average investor is charged about $500 per year in Index Fund maintenance fees. Nescience plans to disrupt this aging status quo.\n\nWith the widespread transition to free trades across the industry, an investor can completely avoid these unnecessary fees by creating a direct index through the Alpaca Exchange. \n\nFurther, with our upcoming IRA compatible Etrade/Ally integration, an investor of any aptitude will be able to completely replace Index Funds in their retirement portfolio, all while retaining custody of their funds and API keys.\n\n-----------------------------------------------------------------------------------------------------------\n\t\t\t\t\t\t\t\tFunding:\n-----------------------------------------------------------------------------------------------------------\n\nTo this date we have completely self-funded our project and have yet to take funding or revenue from outside sources. Our goal is to simply provide the community with the tools necessary to responsibly & safely manage their portfolio. \n\nOur current development is focused primarily on extending our integration to IRA compatible exchanges, while we maintain and update any depreciated API endpoints on currently integrated exchanges.\n\nAny funding received will be used to pay a freelance animator/voice actor to create a product demonstration/explanation video, as we see product comprehension as the most important aspect of adoption. Any excess funding will be used to pay for bug bounties.\n-----------------------------------------------------------------------------------------------------------\nI personally believe that Direct Indexing will be the one of the most impactful financial technologies of the coming years as investors begin to move away from traditional index funds, and hope that the community feels the same way.\n\nIf you cannot contribute monetarily, please take some time to just check out the product and see if it could save you money. We also appreciate any other forms of contribution! We are specifically looking for non-US citizens that are willing to test our Upbit & OkEx integrations!\n\nThank you for your time,\n\n--Julian Traversa\n"},{"attributes":{"italic":true},"insert":"Nescience Software & Capital"},{"insert":"\n"}]}

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