27 Feb 2021

bitFORTUNE Derivative Definitions

27 Feb 2021

bitFORTUNE Derivative Definitions

bitFORTUNE Gold Derivative Definition

The bitFORTUNE Gold Derivative is defined to provide an option on the bitFORTUNE Platform to store value on the spot price of gold. This derivative is classified as low risk.

bitFORTUNE Gold could potentially be higher or lower than the spot price of gold. This is due to dollar cost averaging strategies and interest bearing assets that comprise the derivative’s composition. Gold assets may be lent for interest per some assets capabilities to centralized or decentralized entities. The intention is to outperform the spot price of gold by trading gold to and from United States Dollars (USD) using technical analysis and other techniques to increase the amount of gold per dollar invested along with earning interest. The bitFORTUNE Gold derivative composition includes gold and stable coin(s) that is pegged 1:1 to USD. This allows strategic shifting of value to and from gold and USD.

There is a front end and back end fee for the bitFORTUNE Gold Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

bitFORTUNE Silver Derivative Definition

The bitFORTUNE Silver Derivative is defined to provide an option on the bitFORTUNE Platform to store value on the spot price of silver. This derivative is classified as low risk.

bitFORTUNE Silver could potentially be higher or lower than the spot price of silver. This is due to dollar cost averaging strategies and interest bearing assets that comprise the derivative’s composition. Silver assets may be lent for interest per some assets capabilities to centralized or decentralized entities. The intention is to outperform the spot price of silver by trading silver to and from United States Dollars (USD) using technical analysis and other techniques to increase the amount of silver per dollar invested along with earning interest. The bitFORTUNE Silver derivative composition includes silver and stable coin(s) that is pegged 1:1 to USD. This allows strategic shifting of value to and from silver and USD.

There is a front end and back end fee for the bitFORTUNE Silver Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

bitFORTUNE USD Derivative Definition

The bitFORTUNE USD Derivative is defined to provide an option on the bitFORTUNE Platform to store value pegged to the United States dollar using market pegged assets. This derivative is classified as low risk.

bitFORTUNE USD could potentially be higher or lower than USD. This is due to automated trading and interest bearing assets in the derivative’s composition. The bitFORTUNE USD derivative composition includes market pegged assets, the bitFORTUNE USD Trader and interest bearing assets. The intention is to outperform the value of USD by trading USD to and from selected assets and earn passive interest with decentralized finance and centralized finance entities.

There is a front end and back end fee for the bitFORTUNE USD Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

bitFORTUNE BTC Derivative Definition

The bitFORTUNE BTC Derivative is defined to provide an option on the bitFORTUNE Platform to store value pegged to Bitcoin using Bitcoin and other assets pegged to Bitcoin. This derivative is classified as medium risk due to the high volatility of Bitcoin. The bitFORTUNE BTC Derivative is poised with the intention of longer term speculation on Bitcoin whilst earning passive income in the form of accumulation of Bitcoin.

bitFORTUNE BTC could potentially be higher or lower than BTC. This is due to automated trading, interest bearing assets and dollar cost averaging strategies applied with the derivative’s composition. The bitFORTUNE BTC derivative composition includes market pegged assets, the bitFORTUNE BTC Trader and interest bearing assets. The intention is to outperform the value of BTC with dollar cost averaging, by trading BTC to and from selected assets and by earning passive interest with decentralized finance and centralized finance entities.

There is a front end and back end fee for the bitFORTUNE BTC Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

bitFORTUNE ETH Derivative Definition

The bitFORTUNE ETH Derivative is defined to provide an option on the bitFORTUNE Platform to store value pegged to Ethereum using Ethereum and other assets pegged to Ethereum. This derivative is classified as medium risk due to the high volatility of Ethereum. The bitFORTUNE ETH Derivative is poised with the intention of longer term speculation on Ethereum whilst earning passive income in the form of accumulation of Ethereum.

bitFORTUNE ETH could potentially be higher or lower than ETH. This is due to automated trading, interest bearing assets and dollar cost averaging strategies applied with the derivative’s composition. The bitFORTUNE ETH derivative composition includes market pegged assets, the bitFORTUNE ETH Trader and interest bearing assets. The intention is to outperform the value of ETH with dollar cost averaging, by trading ETH to and from selected assets and by earning passive interest with decentralized finance and centralized finance entities.

There is a front end and back end fee for the bitFORTUNE ETH Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

bitFORTUNE DEFI Derivative Definition

The bitFORTUNE DEFI Derivative is defined to provide an option on the bitFORTUNE Platform to earn passive income using centralized and decentralized finance entities. This derivative is classified as high risk due to higher risk positions being targeted for higher returns.

The bitFORTUNE DEFI derivative composition includes assets targeted to bear interest for the derivative.

There is a front end and back end fee for the bitFORTUNE DEFI Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

bitFORTUNE Stock Derivative Definition

The bitFORTUNE Stock Derivative is defined to provide an option on the bitFORTUNE Platform to earn passive income using the stock market and/or other traditional investment vehicles. This derivative is classified as medium risk due to the medium volatility of traditional markets relative to the high volatility of cryptocurrency.

The bitFORTUNE Stock derivative composition includes assets targeted to increase purchasing power as measured in USD for the derivative. Since it is speculated here that cryptocurrency is going main stream in the years ahead companies heavily involved in cryptocurrency are targeted in particular. Other investment vehicles that prove to be “rare” assets are also targeted considering the immanent inflation of USD that is a mathematical certainty. This inflation will cause rare assets to rise in purchasing power as measured in USD.

There is a front end and back end fee for the bitFORTUNE Stock Derivative. The front end fee is a flat 1%. The back end fee is variable depending on the performance of the derivative. The minimum back end fee is 1%. If the derivative performs greater than 1% in 30 days the back end fee increases by 25% of percent gains over 1%. For example if the derivative performed 5% for the past 30 days the back end fee would be 2%. 50% of the front and back end fee goes toward bitFORTUNE token – the main asset of the bitFORTUNE Platform. The other 50% of the fee is the administrative transaction processing and maintenance fee.

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