What is TRAKX?

Traders and investors are always looking for ways to simplify and optimize their digital asset management, and TRAKX was born to make these tasks easier. TRAKX has a unique approach that uses the well-known Crypto Tradable Indices (CTIs) to offer investors and traders a more accessible and diversified way to participate in the cryptocurrency market.

In this article, we will explore in detail what TRAKX is, how it works, what it offers to investors, and delve into its native token, TRKX.

TRAKX, facilitating digital asset management

As we already mentioned, TRAKX is a specialized platform in the creation and management of Crypto Tradable Indices (CTIs). Crypto Tradable Indices (CTIs) are indices that essentially represent baskets of cryptocurrencies designed to replicate the performance of specific market sectors or follow particular investment strategies.

Thanks to this, the platform acts as a bridge between traditional finance and the world of digital assets, offering a more accessible and diversified investment experience. To achieve this, the TRAKX platform operates through a sophisticated system that allows users to track and trade a variety of CTIs.

Basically, this operation of TRAKX can be broken down into the following steps:

1. Selection of CTIs: TRAKX offers a wide range of CTIs covering different investment themes and strategies. Users can choose from indices representing sectors such as DeFi, metaverse, gaming, or follow strategies such as “value,” “growth,” or “momentum.”
2. Purchase of CTIs: Investors can purchase CTIs directly on the TRAKX platform using cryptocurrencies or fiat currencies.
3. Automated management: Once an investor has purchased a CTI, TRAKX takes care of the management and automatic rebalancing of the index. This ensures that the composition of the CTI remains aligned with its objective, without the need for manual intervention by the investor.
4. Liquidity and trading: TRAKX CTIs are highly liquid and can be bought or sold at any time, providing flexibility to investors.
5. Security and custody: TRAKX prioritizes the security of user assets, utilizing industry-leading custodian providers and complying with strict financial regulations.

Crypto Tradable Indices (CTIs), the centerpiece of TRAKX

So far, we have seen a few concepts that may be new to you, we are talking about Crypto Tradable Indices (CTIs). CTIs are financial instruments that track the performance of a group of cryptocurrencies. In some ways, a CTI is a lot like an ETF (Exchange Traded Fund) in the traditional stock market, except that CTIs focus specifically on the cryptocurrency market.

Among the main characteristics of CTIs, we can highlight:

1. Representation of a cryptocurrency basket: Each CTI is made up of several cryptocurrencies, selected according to specific criteria such as sector, market capitalization or investment strategy.
2. Negotiability: CTIs can be easily bought and sold on the TRAKX platform, providing liquidity to investors.
3. Diversification: Investing in a CTI allows you to gain exposure to multiple cryptocurrencies with a single transaction, facilitating risk diversification.
4. Professional management: CTIs are managed by a team of experts who are responsible for rebalancing the index periodically to maintain its alignment with the established objective.
5. Transparency: The composition and methodology of each CTI is transparent and available to investors.

Advantages offered

Thanks to all of this, TRAKX is able to offer a number of unique advantages for investors in digital assets and cryptocurrencies. One of the main advantages is diversification, as CTIs allow investors to diversify their portfolios across a wide range of cryptocurrencies with a single investment, thereby reducing the risk associated with the volatility of individual cryptocurrencies.

Another advantage is the simplicity that TRAKX brings to the cryptocurrency investment process. The platform eliminates the need to individually research and manage each asset, simplifying decision-making for investors. Additionally, the automated management of CTIs saves investors time and effort as they do not need to make manual adjustments to their portfolios.

Transparent and secure

Transparency is another key advantage of TRAKX. The platform provides clear and transparent information about the composition and performance of its CTIs, allowing investors to make informed decisions. This is especially important in the world of cryptocurrencies, where a lack of transparency can be a hindrance to investors.

In addition, TRAKX has high institutional standards that include registration and regulation thanks to a license issued by the AMF (French Financial Markets Authority). In addition, it has a custody infrastructure powered by industry giants such as Coinbase Custody and Fireblock.

Furthermore, the platform is designed to be user-friendly, making it accessible to both experienced investors and beginners in the world of cryptocurrencies. This means that anyone can take advantage of the benefits of cryptocurrency investing without needing to have advanced technical knowledge.

Finally, TRAKX offers CTIs that follow sophisticated investment strategies, allowing investors to benefit from approaches that would normally be out of reach. This is especially useful for investors looking to maximize their returns and minimize their risks in the world of cryptocurrencies.

TRAKX usage example

Now, How can we use TRAKX? Well, to illustrate how TRAKX works in practice, let's consider the following example:

Maria is an investor interested in the decentralized finance (DeFi) sector, but feels overwhelmed by the number of projects and tokens available. Instead of researching and selecting individual DeFi tokens, Maria decides to use TRAKX to invest in the CTI. «Top 10 DeFi».

1. Maria creates an account on the TRAKX platform and completes the verification process.
2. Browse the available CTIs and select the one «Top 10 DeFi».
3. Invest 1000 USDT in this CTI.
4. TRAKX automatically distributes Maria's investment among the top 10 DeFi tokens based on the index methodology.
5. As time goes by, TRAKX automatically rebalances the index to maintain exposure to the top 10 DeFi tokens, without Maria having to do anything.
6. Maria can monitor the performance of her investment in real time through the TRAKX platform.
7. If Maria decides to sell, she can do so at any time, and TRAKX will take care of liquidating her position in the underlying tokens.

This example shows how TRAKX simplifies the investment process, allowing Maria to gain diversified exposure to the DeFi sector without the need to manage multiple tokens individually.

TRKX Token: Specifications, Tokenomics and Utility

TRAKX, like every blockchain platform, offers its own native token, under the ticket: TRKX. This token plays a fundamental role in the platform's ecosystem, as it is the key piece for its governance, the economic proposal of staking, referrals, buyback program and token burning, in addition to other proposals and functionalities offered to its users.

TRKX Token Specifications

• Name TRKX
• Type: ERC-20 Token on the Ethereum Network
• Principal function: Utility and governance within the TRAKX ecosystem
• Total supply: 1.000.000.000 TRKX
• Distribution:
  • Community: 30%
  • Reserve: 24,8%
  • Team and Advisors: 15%
  • Investors: 26,2%
  • Public Sale: 4%
• Dress: Team members have a vesting period of 36 months, while private sale investors have vesting periods ranging from 6 to 18 months.

Utility of TRKX token

The TRKX token offers a number of utilities within the TRAKX ecosystem:

1. Governance: TRKX holders can participate in important platform decisions, such as the selection of new CTIs or changes to rebalancing methodologies.
2. Discounts on rates: Users who pay fees on the TRAKX platform with TRKX tokens receive significant discounts.
3. Referral Program: Users can earn TRKX tokens by referring new users to the platform, encouraging community growth.
4. Staking: TRKX token holders can stake their tokens to earn additional rewards.
5. Access to exclusive products: Owning a certain amount of TRKX tokens can give access to exclusive CTIs or advanced platform features.
6. Buyback and burn program: TRAKX uses part of its revenue to buy back and burn TRKX tokens, which can potentially increase the value of the token in the long term.

Conclusion

All of the above seeks to make TRAKX a powerful cryptocurrency investment platform that offers an innovative solution to access advanced investment strategies in a safe, transparent and regulated manner.

With its Crypto Tradable Indices (CTIs), TRAKX enables investors to diversify their portfolio and gain exposure to specific sectors of the cryptocurrency market in a more manageable and less risky way. The platform stands out for its focus on security, transparency, and regulatory compliance, making it attractive to institutional and retail investors.

Furthermore, the TRKX token adds an additional layer of utility and community engagement to the ecosystem. TRAKX is democratising access to cryptocurrency investment opportunities, simplifying the investment process and offering sophisticated products in an accessible manner.

In this way, the platform contributes to the growth and maturation of the digital asset ecosystem, and is likely to change the way people interact with and perceive cryptocurrency investments.