Hedging Bitcoin?

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Disclaimer!

I am not a financial advisor or fiduciary. 

This is not financial advice and meant to be education content only

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If you use BRAVE browser then you know about the BAT rewards and the Uphold wallet. If not then there is a browser that lets you 1. earn a crypto token called bat by using their browser and clicking on ads provided by them and 2. to either use the BAT to tip content creators and publishers that are verified by Brave. You will need to set up an Uphold wallet to collect your BAT tokens that you earn as you view. Once a month the tokens you have earned will be uploaded to your wallet.

Well, Uphold has something called Hedged Bitcoin under their integrations tab. Looking into it they say it's a "Bitcoin investment strategy for reduced risk" and "Cryptocurrency exposure through a quantitative strategy with a complex systems science based risk management approach. Global availability and no lockups." According to them you don't need accreditation in order to use their services. You do not need to put in a minimum amount in order to use Hedged Bitcoin. There is a waitlist for liquidity purposes. According to the website they use a "proprietary market instability detection" developed by Ternary Intelligence. Once you are off the waitlist you can withdraw your funds at any time without lockups.

I looked up what reviews were like and they are somewhat mixed. It seems to be either a pass or fail for people. Appannie has Hedged Bitcoin rated at 33 out of 5. Google Reviews and Trust pilot has it at a 3.4 out of 5. Google has 21 reviews and trust pilot has 1 review. Their claim is a 95% of average compound annual growth rate vs traditional buy and hold bitcoin with less 1/3rd of the downside.

 

Their team is comprised of Beau Giannini, PHD and Pavel Paramonov, PHD. I have put their information according to LinkedIn below for the 3 past experience. 

Beau Giannini, PHD

  • Ternary Intelligence, Founder and CEO from Oct 2014 to Present
  • Sinomark Consulting, Founder from Jan 2003 to Present
  • Adjunct Professor at University of San Francisco Jan 2019 to Present 

Pavel Paramonov, PHD

  • Ternary Intelligence, Founder and Chief Science Officer from Oct 2014 to Present
  • Multi-disciplinary  Insights LLC, Founder and Managing Director Sept 2010 to Present
  • TeraFold Biologics Inc, Founder and VP of Computational Sciences 

The white paper for Hedged Bitcoin is here

 

Thanks for stopping by and have a great day.

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