Name: Alongside Crypto Market Index
SKU: AMKT
Price: 136.179522192523 USD

AMKT makes it easy to get exposure to the entire crypto market through a single index token. The AMKT Token represents a basket of digital assets designed to track the market capitalization of crypto. AMKT is the first of a new class of indexes deployed on-chain. The AMKT Token is designed to measure the market performance of digital assets available on crypto exchanges. These indexes are composed based on attributes such as supply, availability, and liquidity.Alongside's indexes are constructed by a network of participants who mint or burn tokens by depositing collateral into a vault. This gives Alongside indexes some special features such as:<ul><li>Full Collateralization - Each token is fully backed by the asset the token represents.</li><li>Redeemable - Each token can be redeemed for the indexes constituents.</li><li>Programmability - Tokens are distributed as ERC20 tokens, making them fully composable with DeFi applications.&nbsp;</li></ul>

Gate.io IEO: Alongside Crypto Market Index 

AMKT makes it easy to get exposure to the entire crypto market through a single index token. The AMKT Token represents a basket of digital assets designed to track the market capitalization of crypto. AMKT is the first of a new class of indexes deployed on-chain. The AMKT Token is designed to measure the market performance of digital assets available on crypto exchanges. These indexes are composed based on attributes such as supply, availability, and liquidity.IEO will be on Gate.io Startup. Details:Start time: 2023-01-11 11:00:00UTC;End time: 2023-01-12 11:00:00UTC;One Share:&nbsp;20 USDT;Allocallation / Share:&nbsp;0.307692 AMKT;Total Shares:&nbsp;2500;Eligibility:&nbsp;KYC 2 users;Cost:&nbsp;Free.

Alongside Crypto Market Index

AMKT is a crypto index designed to track the crypto market in a single token

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Alongside, a cryptocurrency index platform backed by venture capital giant Andreessen Horowitz (a16z), has launched its V2, aiming to take a decentralized approach to crypto investments using blockchain technology. The startup will allow crypto investors to gain exposure to a basket of the top 15 cryptocurrencies via a single token – AMKT – in a […]
The post Blockchain Integration: A16z-Backed Cryptocurrency Index Platform Unveils V2 appeared first on Cryptonews.

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