Skraps

Invest your spare Crypto and Fiat Change

[youtube https://www.youtube.com/watch?v=miHCNut4hac?rel=0&w=560&h=315]

No End Date

Start Date : 2018/01/15
ICO
Skraps
Token
SKRP
Price
$0.45
Platform
Ethereum
Accepting
BCH, BTC, DASH, ETH, LTC, RIPPLE
Bounties
Available
Bonus
Available
Hard cap
$21,450,000
Country
US:United States

Skraps essentially works like Acorns but for crypto-currency purchases. Users can invest their cryptocurrency or fiat spare change with Skraps platform to earn the rewards of consistent investing. For investing cryptocurrencies, a user will need to link his crypto-currency wallets to the Skraps platform. Whenever a user will make a purchase or do a transaction, a round off amount will be invested in the Skraps portfolio. The user can select the type of portfolio he wants to invest in based on his risk tolerance.

As users keep investing in the Skraps platform, their cryptocurrency investments will increase in value. The investment happens with each transaction, so there is no mental overload to decide where to invest and how much. Our commitment is to make investing very simple and intuitive so that everyone can benefit from the returns of disciplined investing.
Skraps platform will initially offer 5 different portfolios
● Conservative
● Moderately Conservative
● Moderate
● Moderately Aggressive
● Aggressive
All these portfolios are designed by experienced cryptocurrency managers who will invest in assets guided by the risk-return profile of the selected portfolio. These portfolios will be accessible by users for free. Users can view these portfolios and copy them for their use. Fig 3 . shows a asset distribution in a sample cryptocurrency portfolio. In due course of time, we will introduce portfolios created by experienced users, which they can make public so that other users can also choose to copy those portfolios. The portfolio creator will get a fixed fee on the amount invested by other users in the portfolio designed by him.

Skraps is primarily focussed on investing spare change from cryptocurrencies transactions to cryptocurrency portfolios – but to introduce more people to crypto portfolio investment, we will also provide fiat currency to crypto portfolio. So users can even chose to round up their transactions in fiat currencies and the spare amount from these transactions will be invested in crypto portfolios in Skraps platform.

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