Investing in cryptocurrencies can be quite challenging for the casual investor and downright intimidating for the uninitiated. As the crypto market continues to grow, so does its complexities. From shuttling across multiple exchanges, to downloading wallet applications and keeping track of all their addresses, investors are increasingly being benumbed by the processes involved in maintaining their portfolio.
Totle is set to eliminate all entry barriers of the exciting world of crypto market investment, announcing the second round of their portfolio competition with a $10,000 prize pool. The competition is a risk-free opportunity for investors to immerse themselves into the crypto market and create their very own crypto portfolio, using Totle’s user-friendly interface.
Totle aims to make cryptocurrency investing and portfolio management accessible and simple to all users, bridging the conventional fund management and the exciting world of crypto assets together. Developed by investors for investors, Totle has been racking up investors with its’ portfolio tournament. The risk-free tournament has enabled participants learn how to construct a diversified crypto portfolio using an intuitive and user friendly interface. It has also exposed them to other crypto assets on the market and educated on the dynamics of the crypto ecosystem.
With no real money required for participation, Totle Portfolio Tournament is ushering new levels of accessibility for the market. Round 2 of the competition allows participants to seamlessly create a portfolio of crypto assets they think will appreciate the most during the round and track performance of their entries against other competitors via a public leaderboard. Winners will be chosen daily and weekly based on the highest percentage gain of their portfolios. Winners will be sharing a pool of prizes worth up to USD 10,000.
Refining the Totle Platform Through Collaboration
Round 1 of Totle’s tournament recorded over 530 sign ups and 1,489 portfolios created between October 31, 2017 and November 5, 2017.
“The response to Round 1 was overwhelming, with users giving us solid feedback about the user interface as well as features they’d like to see in future iterations. I see it as a collaborative project with our users and it’s exciting to see where our platform is going, “ says David Bleznak, founder and CEO of Totle.
The tournament aims to drive forward the development of Totle’s Alpha release through community participation. Besing on users’ invaluable feedback, Totle’s development team are constantly honing their product for its scheduled release early Q1 2018.
Round 2 of Portfolio Tournament Now Underway!
The second round has now kickoff being opened to USA and Canadian residents only. This round runs from December 5, 2017 at 12:00 a.m. UTC until December 11, 2017 at 11:59 p.m. UTC. During this period, participants will be able to create, register, and lock in their portfolios using $10,000 “play money”. Participants can create up to five portfolios – mixing and matching crypto assets to create the best performing portfolio before the lock down on December 12. After lockdown, sweepstakes commences from December 12, 2017 at 12:00 a.m. UTC until 11:59 p.m. UTC on December 18, 2017. Prizes will be awarded on a daily and weekly basis to the best performing portfolio throughout the sweepstake. The top three portfolios with the highest growth will win the following prizes:
- First prize – USD 500
- Second prize – USD 250
- Third prize – USD 100