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capitalETH: Systematic Investments on Ethereum

Grant Accepts Any Token

Last Update: 2 weeks, 2 days ago

CATEGORIES

Defi

MATCH ROUND 6

5 DAI

MATCH ESTIMATE

ROUND

33 DAI
5 contributors

Description

{"ops":[{"attributes":{"bold":true},"insert":"Abstract"},{"attributes":{"header":2},"insert":"\n"},{"insert":"\n"},{"attributes":{"color":"#24292e"},"insert":"capitalETH is a smart and hassle-free way of investing in tokens just like a Systematic Investment Plan(SIP) in traditional finance. "},{"insert":"\n\n"},{"attributes":{"color":"#24292e"},"insert":"Create a planned approach towards investments and build the habit of saving and building a portfolio for the future."},{"insert":"\n\n"},{"attributes":{"color":"#24292e","bold":true},"insert":"Why capitalETH?"},{"attributes":{"header":2},"insert":"\n"},{"insert":"\nMany people still consider cryptocurrencies as a way to get-rich-quick, but a few consider it as an investment. "},{"attributes":{"color":"#24292e"},"insert":"New and less experienced people are often very confused about where to invest and most importantly when to invest. Volatility is very high in crypto markets and people are very skeptical about the best time to invest and in turn miss opportunities trying to time the entry. Majority of the people still invest based on anonymous tips, because of FUD and FOMO."},{"insert":"\n\nUsing capitalETH, instead of investing your entire capital at once, you can invest small amounts systematically. All you need to do is create a plan, set amount to be invested and the frequency.\n\nThat's all. Just maintain sufficient token balance in your wallet and your source tokens will be swapped for destination tokens automatically as per your plan and deposited to your wallet. You always own your tokens and the smart contract never holds anything on your behalf.\n\n"},{"attributes":{"color":"#24292e","bold":true},"insert":"Benefits of using capitalETH"},{"attributes":{"header":2},"insert":"\n"},{"insert":"\nYou "},{"attributes":{"bold":true},"insert":"average out the buy price"},{"insert":" and don't need to worry about "},{"attributes":{"bold":true},"insert":"timing the markets"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"The "},{"attributes":{"bold":true},"insert":"risk"},{"insert":" of buying at a high price is reduced considerably"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"You don't need to manually process the transactions every time"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Disciplined savings and investments with benefits of "},{"attributes":{"bold":true},"insert":"long term gains using compounding"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"No need to monitor the market continuously"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"No minimum investment amount. You can invest as small as 1 DAI every day"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"bold":true},"insert":"No more percentage fee"},{"insert":" on investments, you "},{"attributes":{"bold":true},"insert":"pay a flat transaction fee"},{"insert":" (near equal to the gas fee) for every automatic investment"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"Other details"},{"attributes":{"header":2},"insert":"\n"},{"insert":"\nThis initial pilot of the project was built at ETHGlobal HackMoney virtual Hackathon. The project is currently at its very initial stage and any funds allotted to this project will significantly help to progress the project. Every small contribution is highly appreciated.\n\nDapp is currently live on Ropsten: "},{"attributes":{"link":"https://capitaleth.vercel.app"},"insert":"capitalETH Ropsten"},{"insert":"\nProject Repository: "},{"attributes":{"link":"https://github.com/sudeepb02/capitalETH"},"insert":"Github"},{"insert":"\n"}]}

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