Blockchain Oil - Layer1 Smart Contracts

CAGR : 118.6

150.0 USD

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Basket Description

Just like Android and iOS serve as the OS which provides the programming capability to developers for building the mobile app ecosystem, similarly certain blockchain project aims for building the underlying layer-1 which provide the programming capability (smart contracts) in blockchain for the decentralized app (DAPPs) ecosystem. Another parallel that is drawn is that between these projects + their DAPPs is with the automobile industry and hence they are sometimes referred to as the blockchain oil. This crypto basket contains top-performing cryptos from the above category. As the time changes the proportion and composition will change and you will be prompted for a rebalance. Note: Since this is an algorithmic crypto basket maintained by an algorithm, hence there is no extra expense fee that you pay for subscribing to this basket

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