With transparency, Ease & Simplicity
The Fortune Fund puts the (FUN) back in to Fund investing!

A NEW INVESTMENT PARADIGM Autonomous 'token-as-a-fund'.

A crypto index fund that will use the ICO funding to buy the underlying crypto assets. No broker fees, no exit fees, no minimum investment and full control over your assets. Full blockchain transparency.

In this crypto world there are as you know literally thousands of cryptocurrencies for investors to choose from. This huge can be daunting. And with all the choices adds cost, complexity and the need for advice.

The Fortune Fund eliminates this complexity for the new crypto investor.

We take what works from the old-world financial system and remove what doesn't.

24/7 trading

24/7 trading. Exchange your (FUN) tokens at any time. No exit fees - your investment is a token!

Lowest fees

Lowest fees. Annual fees of only 0.5% p/a - much lower than the 3% offered in the market.

Autonomous

Autonomous. Index funds do not rely on expensive human managers for active trading.

Powered by Data Science

Powered by Data Science. Fund hyperparameters are carefully determined.

Track the Index

Track the Index. Index funds have consistently beaten actively managed funds over the last 30 years.

Blockchain Transparency

Blockchain Transparency. Verify where fund coins are held and track value of underlying assets.

THE FORTUNE FUND IS A SAFE ERC20-COMPLIANT SMART CONTRACT

THE FORTUNE FUND IS A SAFE ERC20-COMPLIANT SMART CONTRACT

The Fortune Fund makes it easy for anyone to get exposure to crypto returns with broad, diversified risk.

The (FUN) tokens are directly tied to the underlying assets with a unique liquidation option in the smart contract. This protects the asset price and ensures it is never able to fall below the token's share of the underlying assets.

The entire combined crypto market cap is only 0.5% of the S&P 500 cap. The fund will be heavily promoted to fiat investors and the only opportunity in the future for these investors to purchase The Fortune Fund tokens will be from you - the ICO token holder.

1 // INVESTOR OPTION TO LIQUIDATE TOKENS
2
3 function withdraw() external {
4 address investor = msg.sender;
5 uint256 tokens = withdrawals[investor].tokens;
6 require(tokens > 0);
7 uint256 requestTime = withdrawals[investor].time;
8 Price price = prices[requestTime];
9 require(price.numerator > 0);
10 uint256 withdrawValue = safeMul(tokens, price.denominator) / price.numerator;
11 withdrawals[investor].tokens = 0;
12 if (this.balance >= withdrawValue)
13 enact_withdrawal_greater_equal(investor, withdrawValue, tokens);
14 else
15 enact_withdrawal_less(investor, withdrawValue, tokens);
16 }
17
18 function enact_withdrawal_greater_equal(
19 address investor,
20 uint256 withdrawValue,
21 uint256 tokens
22 )
23 private
24 {
25 assert(this.balance >= withdrawValue);
26 balances[fundWallet] = safeAdd(balances[fundWallet], tokens);
27 investor.transfer(withdrawValue);
28 Withdraw(investor, tokens, withdrawValue);
29 }
30
31 function enact_withdrawal_less(
32 address investor,
33 uint256 withdrawValue,
34 uint256 tokens
35 )
36 private
37 {
38 assert(this.balance < withdrawValue);
39 balances[investor] = safeAdd(balances[investor], tokens);
40 Withdraw(investor, tokens, 0);
41 }

Token Sale

The Fortune Fund token will be released on the basis of Ethereum and Bitocin platform. It’s compatibility of the token with third-party services wallets, exchanges etc, and provides easy-to-use integration.

Token Issuance & ICO Structure

  • ICO Fund Utilization: 98% Underlying Assets, 2% Operational Expenses
  • Token Type: ERC20 – Ethereum Blockchain
  • Token Symbol: FUN
  • Token Name: THEFORTUNEFUND
  • Maximum Supply (Hard Cap): 88,888,888
  • Available for Purchase: 77,333,333
  • PRICE PER TOKEN
    • Pre-sale (1 Week, up to 4,444,444 tokens): $0.80
    • Pre-sale & first 48 hours of ICO: $0.95
    • 48 hrs to Week 4 of ICO: $1.00
    • Week 4-6 of ICO: $1.05
    • Week 6 to 10 ICO: $1.10
ICO Fund Utilization
Token Distribution

Our Roadmap

Jan - Feb 2018

Start of the The Fortune Fund Platform Development.

Developed the concept; conducted thorough back tests to determine fund hyperparameters; set wheels in motion to create a compliant legal structure.

Mar - Apr 2018

Develop Smart Trading Contracts.

Development of The Fortune Fund Crypto back-end for multi-exchange trading.

May 2018

Finalize Smart Contract & Trading Protocol.

Complete smart contract to audit-ready state. Optimized autonomous index trading algorithm to mitigate front-running and slippage. Consultation with industry expert advisors.

Jun 2018

Test Trading System; Security Audit.

Begin security audit and streamline all code ready for final code review process.

Jul - Aug 2018

The Fortune Fund Public Launch; The Fortune Fund Token Pre-Sale.

Token pre-sale. ICO funds utilized to purchase underlying assets.

Sep - Nov 2018

The Fortune Fund Token Sale.

Token ICO sale ICO to raise funds that will be utilized to purchase the 60 underlying assets

Dec 2018 - Jan 2019

The Fortune Fund COIN ICO.

Token ICO. ICO funds utilized to purchase underlying assets. Initial Top Coin Acquisitions; On-going Marketing & Investor Relations; First Rebalancing Procedure.

Feb 2019 - The Future

Public Launch on Exchangs & day to day Fund Operation.

(FUN) Tokens is listed for trading on exchanges, the data is pulled from the multiple exchanges - orders, volumes etc will be stored. After 6 months of operation, the deep dataset collected will be used to for future fund development.

Our Referral Program is

Effortless, Convenient, and Effective for both parties.

Our referral program is 100% anonymous FREE and has amazing benefits for you and the people you refer!

To get FREE (FUN) tokens, just hand out your referral code to your friends.

Once your friends purchase (FUN) tokens, you’ll receive the 10% commission every time they buy (FUN) tokens! No fees or hidden charges.

Not only do you get a 10% commission from all your friend's transactions but they do too, It's WIN WIN!

What are you waiting for? Join and hand your referral code to people now!

Join Now

FAQs

Below we’ve provided a few frequently asked questions from General the to trading section regarding our FUN ICO, cryptocurrencies and few other frequently asked questions about ERC20 Tokens . If you have any other questions, please get in touch using the contact form below.

No – The Fortune Fund is not a platform. It is an autonomous, high-performance, low-cost cryptocurrency index fund.

The Fortune Fund has been established in the British Virgin Island jurisdiction. The British Virgin Island is a very popular international jurisdiction for the incorporation of investment funds and ICO’s.

The British Virgin Islands jurisdiction has seen a strong increase in private equity funds year on year over the past decade. The popularity of The British Virgin Islands private equity funds has been fueled by the increase in hedge fund managers growing into the private equity space and by the increased use of private equity funds to pursue distressed asset investments.

The British Virgin Islands limited liability company (LLC) is a flexible structure ideally suited for use as a closed-end investment vehicle. In particular, one which seeks investment during a capital raising period (in our case, the ICO) and draws down periodically in order to fund investment opportunities and operating costs when they arise. The British Virgin Islands LLC was established under legislation that was drafted with the key terms of private equity vehicles in mind.

The registration, due diligence and reporting requirements which arise from this legislation is generally delegated to a private equity fund’s administrator. The procedures are closely aligned with existing anti-money laundering (AML/KYC) requirements to ensure that the use of The British Virgin Islands vehicles for private equity structures remains a low cost option.

Fund automation will allow us to operate in a sustainable low-cost skeleton fund capacity and offer management fees of only 0.5% p/a as opposed to the 3% p/a plus 0.5% exit fees offered in the crypto market at the moment

There are many reasons to utilize blockchain technology for The Fortune Fund:

  • Full transparency over fund activity
  • Ability to trade or move tokens at will with no exit fee
  • No minimum investment
  • No legacy banking costs means low fund fees
  • Easy listing for sale and trading peer-to-peer on exchange
  • The Fortune Fund only holds cryptocurrency assets

There are many reasons:

  • Convenience - buy and forget
  • Large funds get volume based discounts on exchanges
  • You only have to hold a single asset instead of 10+
  • Rebalancing a portfolio is a complex and time-consuming process
  • (FUN) token value can exceed value of underlying assets but can not fall below due to the liquidation option in the smart contract
  • (FUN) tokens are designed to be attractive to fiat investors seeking a straightforward way to gain exposure to cryptocurrencies and token sales will be limited during the ICO

No. The Fortune Fund is an Ethereum-based token.

We will integrate the additional tokens into the The Fortune Fund fund as soon as we are able and then follow normal rebalancing procedure (and as such this token may or may not then form part of our fund composition). It is likely that the value of the fund will increase and this will be passed on to (FUN) token-holders.

You will need to purchase (FUN) tokens on an exchange. Check out the exchange page to see which exchanges (FUN) is trading on.

Please see our recommended guide: How to Buy Bitcoin.

The built-in smart contract liquidation function enables investors to withdraw ether based on their share of the fund's underlying assets. This process is entirely autonomous and withdrawals do not require authorisation or extended waiting periods (as is often the case with other investments).

Investors submit a withdraw request to the smart contract which then enables them to withdraw the ether amount corresponding to their tokens' net-asset value (less a 1% trading fee). The realised withdrawal price is based on a forward pricing policy. This means that the ether withdrawal amount will be calculated based on the next published NAV price.

Investors submit a withdraw request to the smart contract which then enables them to withdraw the ether amount corresponding to their tokens' net-asset value (less a 1% trading fee).

During a withdrawal, the (FUN) tokens are transferred back to THEFORTUNEFUND’s managers. These tokens are then resold on exchange at the current NAV per token or market price, whichever is higher. This ensures that the underlying assets can be rebought in the event that an investor uses the liquidation option – which would be unlikely due to the market price floor explained above.

Active traders and fund managers generally have a far higher fund expense ratio than index funds - around 3% p/a as opposed to index funds which offer closer to 0.5% p/a. The effect of this is that the aggregate return of investors is less than zero sum which makes outperformance compared to an index fund and to the market much less likely.

Over a 10-year investment horizon more than 80% of large-cap fund managers failed to outperform their benchmark index. The odds of picking a winning fund manager are also low: studies show that irrespective of past performance, future performance is virtually random.

Be wary of salesmen, brokers and fund-managers that offer surefire strategies or trading bots that they promise will consistently beat the market.

Net asset value (NAV) represents a fund's per share market value. Net asset value (NAV) is significant only for open-end mutual funds. It is a simple calculation - just take the current market value of the fund's net assets (securities held by the fund minus any liabilities) and divide by the number of shares outstanding.The most important thing to keep in mind is that NAVs change daily and are not a good indicator of actual performance because of the impact yearly distributions have on NAV (it also makes mutual funds hard to track).

Please make sure that your wallet is fully synced (if applicable), and that you have added a (FUN) to your custom token list.

(FUN) tokens did not show up on etherscan initially as tokens were allocated directly and did not trigger the specific ‘transfer’ event that etherscan detects. Once tokens are tradeable they will be detected the same as any other ERC80 token.

Contact Us

Any question? Reach out to us and we’ll get back to you shortly.

  • +1 (302) 448 4107
  • contact@thefortunefund.com

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IMPORTANT LEGAL DISCLAIMER

Access to products and services detailed on this website may be restricted for certain persons or countries. In particular, the products and services referred to herein are not available to U.S. Persons, as defined by Regulation S of the United States Securities and Exchange Commission, as amended ('U.S. Persons'). The information contained on this website is not available to U.S. Persons. Investors who are such 'U.S. Persons' should not view this website. The provision of the information in this website does not constitute an offer of securities to any person in the United States or to any 'U.S. Person.' The Fortune Fund is not registered under the U.S. Investment Company Act of 1940, as amended, nor is the sale of FUN tokens registered under the U.S. Securities Act of 1933, as amended. Consequently, it cannot be offered for sale or be sold in the United States, its territories, possessions or protectorates under its jurisdiction, nor to nationals, citizens or residents in any of those areas, except pursuant to a valid exemption. More generally, the products and services presented on this website may only be purchased in jurisdictions in which their marketing and distribution are authorised. The Fortune Fund advises all interested parties to check in advance whether they are legally entitled to purchase the products and/or services presented on the website.