About DowCoin
Introduction to Digital Currencies
The growth of digital currencies has led to a lot of attention and demand from traditional investors who want to invest in the new asset class. However, a lot of these investors do not know about the different digital currencies, which can be very challenging and also confusing. It gets even more complex when these investors want to be involved in more than one digital currency in order to mitigate risk and for diversification purposes.
The traditional investors in the stock market diversify through index or mutual funds, which are not in the market for digital currencies. The need for a digital currency index that serves as the market indicator is apparent. That is where DowCoin comes in.
Mission of DowCoin
To help investors from around the world enjoy the full benefits of cryptographic currencies with a minimum possibility of being at loss by leveraging the values of the top 30 cryptocurrencies that have been in top performance within a 90-day period.
How DowCoin Works
Dowcoin has been developed on the Ethereum blockchain. The aim is to follow the price movements of the top 30 largest mined digital currencies. With the high performance of these currencies increasing daily, there may be value in diversification in this new investment class, as such, the token will be independent and can run without third-party interference.