The 2100NEWS NWSET Token is a blockchain-based unit of value that is pegged to digital assets and backed by a crypto strategy 2100NEWS Large-caps Index Fund on Iconomi. Every 2100CETF asset-backed token is 100% backed by a basket of crypto assets on Iconomi and for every settlement token minted, Iconomi holds digital assets. Digital Asset-backed token: offer back-and-forth convertibility, enable people to own assets in a liquid form, is not a synthetic or a derivative – users own the tokens that constitute the capitalization-weighted index. Another benefit of the NWSET token is that it can be used to track multiple digital tokens at once.
NWSET CETF Token is:
NWSET asset-backed token enables all the combinations for entry or exit for any investor or user. Crypto traders and speculators can use the NWSET tokens by sending them to the smart contract and convert tokens directly into a strategy on Iconomi or vice-versa. Traditional users can move into 2100CETF by depositing digital assets or FIAT on Iconomi.
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