Beth is the first ever closed-end fund focused on applying the latest advances in deep learning research combined with financial expertise. Beth will provide an opportunity for anyone interested in being part of a new generation fund that will reduce the risks and complications in favor of using Deep Learning techniques. We are developing complex trading models and strategies with the possibility of learning, developing and improving over time. Beth is a level above the conventional solutions and will allow obtaining great returns of the investment from the first days thanks to the technology that is behind her.
True decentralization and automation are carried out in the background, where Beth’s learning will be constant. This is something that many Wall Street investment funds are already experimenting to maximize profits and optimize their efforts. We decided that it is time to generate equality for all by pulling down technological barriers and guaranteeing access to the latest technology to any interested investor. This is what we are passionate about.
So, who is Beth?
Beth is the name of our solution, which will be based on DL techniques (Deep Learning), which is responsible for managing the Beth Fund. We will all be part of Beth, as she will constantly learn from the information received. We have been working from May 2016 till Sept 2016 in designing the basic concept of the project.
In this way, we will provide the opportunity for all investors to be part of the future, where we speak of a real decentralization of the fund as Beth will be trained to make decisions on her own based on our sophisticated trading models and the millions of inputs from which she will feedback. Thus, she will be better able than any investment team to make the right decisions and win profits for all those who are part of this new economy.
Beth Fund opens up this new sector for all who wish to be part of a new decentralized economy in constant movement and growth. We are aware that Beth will become one of the most far-reaching businesses this year and the next, and it will be our job to meet those expectations. Any user can participate freely and without limitation to be part of Beth being part of our Initial Coin Offering that will take place in a few days.
Beth will choose the assets (a mixture of bitcoin, ethereum, altcoins, tokens and other cryptoassets) based on our complex trading models and strategies that we made thanks to the use of Deep Learning techniques combined with our financial expertise.
Before being available, there will be a beta available and a training period and model test for Beth where all results will be publicly accessible. Thanks to the technology behind Beth and the trading models developed, she will be able to choose her investment approach and vary the strategies in a self-determined way (monitored by our team at all times) according to the conditions and moments of the market. The portfolio can be monitored by any investor thanks to our monitoring and auditing tools. In addition, external bimonthly auditions will be conducted to provide the necessary transparency to investors.
The distribution of the profits will be realized through an Ethereum Smart Contract so that it will be automated.
Beth will be backed by HPC – High-performance Computing (we expect to migrate to Golem-Elastic-iEx.ec if at the time of our launch the state of development of these proposals is mature enough).
- Initial Idea (May 2016)
- Design of the concept (Sept 2016)
- Initial Coin Offering (May-June 2017)
- Beth Beta (Q4 2017)
- Beth First Training Period (2018)
- Beth Fund Release (Unknown)
Initial Coin Offering
You may purchase the Beth Tokens only within the period of Beth Initial Coin Offering set out here.
Beth Initial Coin Offering (ICO) – period of time from Jun 5, 2017, to June 20, 2017 (UTC/GMT), when the investors are able to buy Beth Tokens.
During the ICO, 100% of the tokens will be distributed, that is, 20,000,000 of Beth Tokens (Total Supply). The number of the Beth Tokens allowed for purchase by one user is unlimited at fixed price of $0,50 per Beth Token. The Beth Tokens will be issued only once. The Beth Tokens will be Ethereum-based cryptographic tokens of value.
Beth Tokens – cryptographic tokens, which are software product (digital resources), created us as a proof of membership of their holders in the Beth Fund. Profit distribution will be carried out using our Ethereum Smart Contract. The Beth tokens will provide to their holders a right to receive 60% of quarterly profits and 25% of profit will be reinvested back into the portfolio, this is 85% of the profits to the investors, nobody could offer something like this, but thanks to our focus and to Beth’s help we will be pioneers in many ways.
Allocation of funds
- 70% will be allocated a portfolio.
- 15% will be used to cover operations expenses.
- 15% of the capital will be used as Reserve Funds hedged in BTC and ETH.
We will only accept BTC or ETH to buy Beth Tokens.