cryptocenter

Alexis Ohanian’s company has come up with the Kryptós fund to attract investors and snap up cryptocurrencies in what should hopefully be the do bottom for the industry. The Reddit co-founder is promising 25 percent of future profits to those who prove ready to bet on his venture, with a further raise to 35 percent if the fund increases five times its initial value.

At a time that few expected

The stated goal is to raise $177.6 million to buy Bitcoin and other cryptocurrencies, and wait on the riverbank not so much for the corpse of the enemy as for a renewed and now highly anticipated flood season. And it is in the magnum sea of DeFi that Ohanian and co. are trying to fish out partners ready for a major outlay, while tickling them with attractive profit prospects. Should the value of the fund skyrocket to +500 percent, Alexis Ohanian and Katelin Holloway’s soldiers will share 35 percent of the gains. Alexis Ohanian believes this is the right time to invest, taking advantage of the bear phase and related downward prices gripping virtually every crypto asset out there.
Not only Bitcoin, but also Ethereum at the center of the sights of Mr.kn0thing, who had already in unsuspected times feared a crypto wallet loaded with the currency in question. From the subsequent ups and downs of $ETH we arrive then to the present day with Alexis Ohanian ready again to bet on the same asset, but this time pursuing more refined ways and dynamics. Interesting short circuit that as in an open secret crypto reveals how social networks, indirectly but not too much, would be among the subjects to benefit from a renewed bullish phase of the sector. Then again, it is no secret that Alexis Ohanian is to the Reddit/Ethereum pair a bit like Elon Musk to Twitter and meme coins attached.