Sp500coin

the s&p500 index is an index based on the market capitalizations of 500 large companies in the usa. derivatives are complex instruments with high potential for profit due to the leveraged nature of derivatives. sp500coin will focus on trading contracts for difference (cfd) on the s&p500 index. the main aims of sp500coin are: 1. to provide consistent returns to investors, 5% to 15% a calendar month 2. to trade derivatives on the s&p500, going long or short depending on market conditions 3. to manage risk and ensure responsible safe-keeping of investor funds to achieve the three aims, the sp500coin is used. it is the medium of exchange for investors to join the sp500coin family. this means investors receive sp500coin in return for their ethereum contribution to the initial coin offering (ico). profits are paid back to investors in ethereum to the same ethereum address that was used to contribute to the ico. sp500coin is non-tradeable and is only obtainable through the ico. the purpose of