How does a blockchain-based fund compare to an ICO?

Unlike an ICO in which the proceeds are used to build a project of uncertain value, our fund’s investment proceeds can only be invested in a limited portfolio of liquid cryptocurrencies, marked-to-market on a daily basis. The “tokens” that investors receive from our fund directly represent each investor’s proportional holdings of assets held in the fund. Investors cannot transfer our fund’s tokens among one another; however, they can redeem their tokens for Ether or invest more Ether in exchange for tokens each day.