The market for cryptocurrencies has been continuously growing and in 2017 has reached an u e-high with a total cryptocurrency market capitalization of approx. USD 570 billion with approx. 1,370 different cryptocurrencies.1
It is expected that this rapid growth of both the cryptocurrency market capitalization and the amount of cryptocurrencies will continue. Every month, several new cryptocurrencies (coins / tokens) are being created, offered to invest and listed on various exchanges. It has therefore become more and more difficult for investors, even professional investors, to keep an overview of all cryptocurrencies on the market and understand their respective advantages and risks when considering an investment.
Furthermore, this continuous growth of the amount of crytpocurrencies on the market and the increasing cryptocurrency market capitalization requires increased cryptocurrency mining resources and energy.
The objective and aim of aeternumcoins is to focus on the requirements and opportunities of both (1) the cryptocurrency mining and (2) the cryptocurrency market. The proceeds result- ing from the aeternumcoins ICO will be invested in the purchase of state-of-the-art mining rigs for providing mining capacities operated by an affiliate and provided to the aeternum Fund, a Cayman Island based and licensed fund specialised and focused on automatized trading in cryptocurrencies based on well established algorithms and operated by experienced, renowned traders.