Plethori’s V2 Platform — Private Investment

“I am a huge, huge, huge fan of index funds. They are the investor’s best friend and Wall Street’s worst nightmare.” — Jonathan Clements, Author and writer of the popular Wall Street Journal column “Getting Going”.

Plethori’s V2 Private Funds Platform is set for launch later in Q2 2021. For the first time, investors will be able to create and manage their own decentralized exchange traded funds. Tradeable on the V2 exchange, these unique ETFs will not only provide creators with a passive income, but introduce gamification through leadership boards and rewards, with NFTs playing a key role.

How will it work?
The V2 Platform will allow users to stake collateral in exchange for
the ability to create personalized ETFs with their own unique portfolio
of tokens. Once created, these unique ETFs can be published and made available for purchase by other potential investors. Fund creators will earn a percentage of all transaction fees associated with the purchase and sale of their unique ETFs. The better the performance of the ETF, the higher up the leader board the fund manager ranks and the more likely other users are to purchase their ETFs.

“Gosh, I wish I did. If I had a tenth of a basis point of the ETF business, believe me I’d be out there sailing a yacht.” — Nathan Most, commenting on the fact that he never received a dime in royalties for creating ETFs.

Platform Features
The V2 Platform boasts all of the same elegant features as the V1 platform, with the addition of the ability to create and trade custom-made ETFs.

• The Exchange
  As with Plethori’s V1 Platform, the V2 will also act as a decentralized exchange. Once users connect their wallets via the Web3 app they will be able to place market orders, limit orders and set stop losses, engage in margin trading and leverage trading, view their portfolio and check their trade history.
• ETF Creation
  All platform users will have the ability to create their very own customized ETFs and release them onto the exchange. All projects that are built on Ethereum or Polkadot will be offered for inclusion in the ETFs, with Cardano and Bitcoin in the pipeline.
• Passive Income
  Whenever an ETF is bought or sold on the V2 platform, the creator of that ETF will receive a percentage of the transaction fees. The more popular your ETF, the more transactions are likely to occur.
• Leader Boards
  The highest ranked ETFs and their creators will be displayed on the V2 leader boards. NFTs will be awarded for “levelling up” as the fund managers achieve certain milestones.

NFT Integration and Gamification
Plethori’s V2 Platform will integrate ERC-721 Non-Fungible Tokens (NFTs) which will take on a very important function— the gamification of Plethori.

NFTs will play a variety of roles within the Plethori ecosystem. They will be:

• awarded as badges to top performing fund managers based on achievements and rankings;
• given as perks that provide benefits within the platform and other partner projects’ platforms; and
• traded within the platform as a value-holding asset.

The much awaited V2 platform will be Plethori’s defining product. The opportunity to create customized cryptocurrency ETFs is an industry first, and Plethori have found a way to make this not only accessible but actively enjoyable. With a ground-breaking platform, reward incentives and gamification, this really is a project to get excited about.

About Plethori

Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains. This service will allow investors to deposit capital and invest in a wide range of ETFs enabling investment into entire cryptocurrency industries such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects and many more.

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