The Boston Coin WhitePaper
Boston Trading Co.
issue of Boston Coin™
The Boston Trading Co. seeks to provide returns to investors from a diversified “crypto-tech” portfolio, which is comparatively safer than investing into a single coin, listed company, stockmarket index or exchange-traded fund (ETF).
Following pre-ICO and public ICO, Boston Trading Co. (BOS*) coins may be accumulated and stored in secure wallets, or later bought or sold on existing crypto-currency exchanges.
Funds from the issue of the “Boston Coin”™ (BOS*) Initial Coin Offering (ICO) will be invested into a pool of funds, and diversified amongst leading crypto-currencies (“coins”), technology-related exchange-traded funds (“ETF's”), as well as into leading technology companies on the stockmarket (stocks or shares).
Returns will be calculated and paid monthly, with updates provided on a central register, to assist investors to calculate the value of their coins.
BOS* performance will be tracked against average performance of the top 50 publically traded crypto currencies, the top 50 tech companies and technology ETF's worldwide.
Where possible, preference will be given to local exchanges and assets to take advantage of lower transaction fees.
Performance History (%)
Example update ^JUNE 30, 2018
FUND SIZE (USD) $312 999 999
NAV (per coin) $1 574.66
PRICE per coin $1 680.12
Returns^ 1M 3M YTD 1YR 3YR
1.86% 2.68% 5.84% 19.23% 9.04%
Periods greater than one year are annualized.
^ Performance data quoted is indicative performance. Future performance is hyptothetical in nature and is not guaranteed. Any past performance is not a guarantee of future results.
Performance information for the BOS* coin reflects results net of current expenses and/or fees. Had the Fund incurred other expenses, investment returns would have been reduced. Investment return and value of the assets or coins of the pool will fluctuate with market movements and investor supply/demand, so that an investor’s coins, when sold, may be worth more or less than their original cost.
Performance may be lower or higher than performance data quoted. Pool returns reflect dividends from income-paying assets, capital price movements and capital gains distributions.
Net asset value (NAV) per coin is calculated by subtracting total liabilities from the total assets, then dividing by the number of coins available.
Coin price is the last price at which coins were traded on the Fund’s primary listing exchange at 5pm EST on quoted date.
Performance current to the most recent month-end is available on the Boston Trading Co. website.
The Boston Coin
*PROPOSED COIN TICKER
BOS* (subject to change)
FORECAST NET ASSETS ($)
300 000 000
EtherDelta (initially proposed, subject to expansion)
Jan 1st – March 15th 2018
PUBLIC ICO COMMENCEMENT
April 8th 2018
MANAGEMENT FEE 1.50%
OTHER EXPENSES 0.51%
ACQUIRED FUND FEES & EXPENSES 6.7%
NET EXPENSE RATIO 8.71%
¹Expenses are estimates only and subject to change. Variations from estimates will be advised on www.BostonTrading.Co monthly.
As it is impossible for the coin issuer to know the beneficial owner of each coin or groups of coins after the ICO or susequent on-sell of assets, investors will NOT receive direct communications or updates via email or other means. It will be up to each owner of the BOS* coin to check the monthly updates on BostonTrading.co to see the value or NAV of the BOS* coin before making a decision to buy, sell or hold the coin.
Expenses excludes certain expenses, such as interest and acquired fund fees and expenses. Acquired fund fees and expenses are not borne directly by the Fund, rather they reflect the Fund's pro rata share of indirect fees and expenses incurred by investing in other stocks, shares, ETF's or coins. Acquired fund fees and expenses are reflected in the prices of the acquired assets and thus included in the total returns of the Fund.
Escrow coins/funds will be released monthly via pro-rata over a five-year period to preserve Boston Coin capital value.
BOS* is powered by Ethereum. ERC20 Compliant.
Expected Distribution Schedule
DIVIDENDS PAID Quarterly
CAPITAL GAINS PAID Annually
Total No. of Coins 20 000 000
Released for pre-ICO 5 000 000
Released at ICO 9 000 000
Vested/Escrow (5 yrs) 6 000 000
Price/Book Ratio (initial) 0.90
Example Holdings^ (hypothetical^) ( in %)
Bitcoin BTC 15.39%
Ethereum ETH 10.19%
LiteCoin LTC 7.86%
Monero XMR 5.26%
Crypterium CRPT 4.71%
Verge XVG 4.41%
Vicecoin XVX 4.12%
FuzeX FUZE 3.84%
NVIDIA Ltd. NVDA 3.83%
BrainChip Ltd. 3.50%
Weebit Nano Ltd. 3.39%
China Lrg Cap IZZ 3.36%
Taiwan S Cap ITW 3.24%
TCP Capital Corp 3.05%
Subtotal – Top 15 holdings: 83.21%
Remaining Constituents: 16.79%
No responsibility for any sources of information aside from Boston Trading Co website.