SYS-CON MEDIA Authors: Zakia Bouachraoui, Elizabeth White, Pat Romanski, Liz McMillan, Yeshim Deniz

News Feed Item

Why CryptoCurrency Needs Bitdollar The World’s First Collectively Managed Fund Says CEO of Top Social Media Marketing Company 360WiseMedia

"Bitdollar Capital, the managing company of Bitdollar Fund, aims to provide clarity to the cryptocurrency community, by guiding fundamental analysis and facilitating research, while also providing a relatively safe place for those that are new to cryptocurrencies to get started. There is a lot of confusion and hype in the cryptocurrency field, and there are many profiting from this lack of clarity. We hope to make a positive difference in this respect, and help investors understand the fundamentals of what they are investing in," said Nick Kitcharoen, President of Bitdollar Fund and CEO of Bitdollar Capital.

When Nick Kitcharoen was asked about the overall mission of the Bitdollar Fund, his reply was, “Our mission as collective investors is to provide the best returns among the best cryptocurrencies on a long-term, fundamental basis. We will have a fundamental analysis debate about major cryptocurrencies as a community via our forums and our investor videos, and we will collectively manage the fund through annual investor elections. The process itself should be quite interesting," said Nick Kitcharoen CEO of Bitdollar Capital.

The Fund’s initial cryptocurrency components (Ethereum, Bitcoin, Ripple, and asset backed cryptocurrencies) are set by its President. However, starting in December of 2018, the holders of Tokens will collectively decide percentage allocations of each component through stakeholder voting. Then in October of 2019 and annually thereafter in the Fund elections, Token holders will collectively decide its cryptocurrency components and percentage allocations to each. The fund also features “non-core” cryptocurrency components, which are ideally backed by physical assets such as oil and gold. These non-core components are meant to provide uncorrelated returns to major cryptocurrencies, while also having the impact of reducing volatility and providing a relatively safer environment for new investors in cryptocurrency to get started.

"I believe Nick Kitcharoen is brilliant for finding a resolution for the fork in the road with creating a passage on the blockchain to guide Fundamental Analysis, Facilitate Research, and Provide A Safer Entry Point For New Investors." Quote: Robert Alexander CEO of 360WiseMedia.

Bitdollar Fund, a Cayman Islands limited company, will utilize fundamental analysis while investing in major cryptocurrencies and have a long-term investment horizon. The Fund also aspires to provide clarity to the crypto currency community and provide a safer place for investors that are new to crypto currencies to get started. Crypto currency investing involves significant risk of loss and is not suitable for everyone. Please do your own research or consult your investment professional before investing.

For more information about Nick Kitcharoen and Bitdollar Fund please visit (bitdollarico.com )

360WiseMedia helps celebrities, public figures, ICO, blockchain and small businesses best use social media marketing and brand advertisement to increase visibility, engagement and brand awareness.

For more information about Robert Alexander and 360WiseMedia please visit (360WiseMedia.com)

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software with the simplicity and reach of the open web. With staff in 10 timezones, Isomorphic provides a global network of services related to our technology, with offerings ranging from turnkey application development to SLA-backed enterprise support. Leadin...
Serverless applications increase developer productivity and time to market, by freeing engineers from spending time on infrastructure provisioning, configuration and management. Serverless also simplifies Operations and reduces cost - as the Kubernetes container infrastructure required to run these applications is automatically spun up and scaled precisely with the workload, to optimally handle all runtime requests. Recent advances in open source technology now allow organizations to run Serv...
Docker is sweeping across startups and enterprises alike, changing the way we build and ship applications. It's the most prominent and widely known software container platform, and it's particularly useful for eliminating common challenges when collaborating on code (like the "it works on my machine" phenomenon that most devs know all too well). With Docker, you can run and manage apps side-by-side - in isolated containers - resulting in better compute density. It's something that many developer...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.
While a hybrid cloud can ease that transition, designing and deploy that hybrid cloud still offers challenges for organizations concerned about lack of available cloud skillsets within their organization. Managed service providers offer a unique opportunity to fill those gaps and get organizations of all sizes on a hybrid cloud that meets their comfort level, while delivering enhanced benefits for cost, efficiency, agility, mobility, and elasticity.
Kubernetes as a Container Platform is becoming a de facto for every enterprise. In my interactions with enterprises adopting container platform, I come across common questions: - How does application security work on this platform? What all do I need to secure? - How do I implement security in pipelines? - What about vulnerabilities discovered at a later point in time? - What are newer technologies like Istio Service Mesh bring to table?In this session, I will be addressing these commonly asked ...
The KCSP program is a pre-qualified tier of vetted service providers that offer Kubernetes support, consulting, professional services and training for organizations embarking on their Kubernetes journey. The KCSP program ensures that enterprises get the support they're looking for to roll out new applications more quickly and more efficiently than before, while feeling secure that there's a trusted and vetted partner that's available to support their production and operational needs.
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It's clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Th...
When you're operating multiple services in production, building out forensics tools such as monitoring and observability becomes essential. Unfortunately, it is a real challenge balancing priorities between building new features and tools to help pinpoint root causes. Linkerd provides many of the tools you need to tame the chaos of operating microservices in a cloud native world. Because Linkerd is a transparent proxy that runs alongside your application, there are no code changes required. I...
xMatters helps enterprises prevent, manage and resolve IT incidents. xMatters industry-leading Service Availability platform prevents IT issues from becoming big business problems. Large enterprises, small workgroups, and innovative DevOps teams rely on its proactive issue resolution service to maintain operational visibility and control in today's highly-fragmented IT environment. xMatters provides toolchain integrations to hundreds of IT management, security and DevOps tools. xMatters is the ...
With the rise of Docker, Kubernetes, and other container technologies, the growth of microservices has skyrocketed among dev teams looking to innovate on a faster release cycle. This has enabled teams to finally realize their DevOps goals to ship and iterate quickly in a continuous delivery model. Why containers are growing in popularity is no surprise — they’re extremely easy to spin up or down, but come with an unforeseen issue. However, without the right foresight, DevOps and IT teams may lo...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...