Alpha Shares (BAS)
Blinco's Alpha Shares (BAS) is a token designed to provide investors with a high-growth portfolio while minimizing risk through diversification and multiple revenue streams. This white paper introduces BAS as a fully transparent investment option, discusses the onboarding and offboarding processes, highlights potential risks associated with the token, and emphasizes that the value of BAS is directly linked to the performance of the underlying assets within the fund.
Investment Breakdown
These monthly filings are updated by the 3rd day of the new month to reflect the allocation of assets within the fund. Full transparency is provided and secured utilizing the most robust security methods.
Quick Setup
A comprehensive guide on utilizing Coinbase for transferring USDC (Stablecoin) to your wallet on the Avalanche C-Chain. It is important to be aware that AVAX serves as the primary currency for covering transaction fees and contract execution costs. Ensure you have sufficient AVAX in your Avalanche C-Chain wallet to cover any transaction fees associated with transferring USDC or other activities on the network.
1 BAS = $2.311892
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What are the tokenomics?
The initial coin offering (ICO) was conducted in May 2023, offering 10,000 BAS tokens at $1.00 per token. Please click here for detailed information on the token supply and current token holders.
Each BAS token is fully backed by collateral, as evidenced by the monthly filings in the Proof of Reserves tab. This ensures the transparency and integrity of the token's underlying assets.
Governance of the fund is entrusted to Blinco, the managing entity, with periodic opportunities for engagement and participation from BAS token holders.
BAS Contract Address: 0xCe74e1D385f6B4a405a7D3ab72f2Fe6377171B06
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How do I earn?
As an investor, your primary responsibility is to securely hold custody of BAS tokens. The value of the token itself will fluctuate based on the performance of the underlying fund. You do not need to actively manage or take any additional actions in this regard. The success of your investment will be determined by the fund's performance and the market dynamics impacting the value of BAS.
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What Wallet do I use?
Using Metamask, Brave, or Coinbase wallet as your primary wallet provider for low amounts is a common practice and is considered safe for everyday transactions. These wallets often provide user-friendly interfaces, convenient access to various blockchain networks, and reasonable security measures.
Hardware wallets, such as Ledger, Trezor, Tangem, or SafePal, offer an additional layer of security by storing your private keys offline. They provide enhanced protection against potential hacking attempts and malware because the private keys never leave the hardware device.
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What is the fee structure?
We offer a competitive fee structure that sets us apart from our competitors. Our fee schedule includes a 1% Management Fee on Assets Under Management, which is charged annually for your investment portfolio's continuous management and administration. Additionally, we have a 10% Performance Fee, calculated based on a percentage of the investment's profits over the past year.
The Management Fee covers the ongoing efforts and expertise required to oversee and maintain your investment portfolio, ensuring its effective management and administration. The Performance Fee reflects our commitment to delivering excellent results, as it is calculated based on the investment's profits, specifically the excess returns achieved above a specified benchmark.
We offer a competitive fee structure to provide our clients with a cost-effective investment solution while aligning our success with their investment performance.
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How do I obtain BAS?
To acquire BAS, you have the option to purchase it directly by reaching out to us within the first three days of each month. We provide this exclusive opportunity for interested investors to acquire BAS tokens directly from us during this specific time window.
Furthermore, BAS is also available for trading at Trader Joe. You can access and trade BAS using the contract address provided. This allows BAS holders to engage in trading activities and participate in the broader market for the token.
These options provide flexibility and accessibility for individuals interested in acquiring and trading BAS, ensuring a seamless experience for investors.
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How do I redeem BAS?
We process withdrawal requests for BAS tokens during the first three days of each month. It is important to note that the withdrawal process may take up to 30 days to complete. We strive to ensure thorough and efficient handling of these requests, prioritizing the security and accuracy of the withdrawal transactions.
Furthermore, BAS is available for trading at Trader Joe. You can access and trade BAS using the provided contract address. This allows BAS holders to actively engage in trading activities and interact with other participants in the market.
By offering both withdrawal options and availability on external trading platforms, we aim to provide flexibility and liquidity for our investors, enabling them to manage their BAS holdings according to their individual preferences and investment strategies.
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Why Avalanche C-Chain?
Avalanche offers reliability, scalability, and inexpensive gas fees. The platform's developers actively contribute to its growth, and the C-Chain utilizes the Ethereum Virtual Machine (EVM) to ensure compatibility and interoperability with the Ethereum ecosystem.