Frequently Asked Questions

An index is a way to track a specific segment of a market. It is used to give an 'overall' view of market sections. For example, the well known NASDAQ index. This was formed to get a broad view of the technology sector of business. It combines the 100 top tech stocks, and provides a general look at the technology sector as a whole. Many 'index funds' and 'mutual funds' are created to follow, track and emulate the performance of these indicies.

An index fund is an investment fund that follows the investment rules and allocation percentages of an index as closely as possible. Generally, these funds have much smaller buy-in costs, and are often broken down into units or shares. The cost of entry is that of a single share. This allows smaller investors an option to invest in an entire market sector, for a much smaller buy-in price.

At times, the share price of an index fund may differ from that of the index itself. This is due to the 'share' price being a result of "value of managed funds / outstanding shares". Due to this, the share price may deviate from the index price occassionally based on current supply and demand. This is called the NAV price or "Net Asset Value" price.

Cryptocurrency is one of the few 'wild west' type of investments left, and that time is coming to a close as government regulations and ETF's (exchnage traded funds) are slowly changing the playing field for small investors. Within 5 years, we have witnessed Bitcoin climb from ~5000$ USD up to nearly 75,000$ USD! That is an amazing amount of money that large investment funds were unable to capitalize on due to strict regulation on WHAT they actually can invest your money into. This inability for the large investment funds to 'play' in the cryptocurrency space due to this 'red tape' is our gain. As regulation rolls out, larger investment funds, money managers, and even corporations will have the ability to drop large amounts of cash reserves into cryptocurrencies, likely making them too expensive for a solitary investor to buy in-to.

The Hustle Hard Crypto Index, at its most basic form, is a publicly available, crowdsourced, investment fund. The fund is managed using strict rules, all of which are publicly viewable here on the website. These rules will determine which 'coins' or 'tokens' will be held by the fund, and when they need to be sold or bought to maximize any potential gains that may be made. An 'Index Price' has been calculated using our initial list of coins, and chosen percentages of the portfolio they will represent. From this index price we derive our initial single share price (index price / 1000). Once shares are purchased, we will begin using the more standard method of share valuation (holdings_value / outstanding_shares). At the time of purchase our system makes note of your share purchase price, and begins tracking any profits or losses that may be made. If crypto goes up, we all earn together. If crypto goes down, we all lose together.

At this time, all shares purchases are made with USDC pn the solana network. Currently we are using a 'Point-of-Sale" style payment process. This allows shares to be purchased in a trust-less manner without the need to directly connect your Solana wallet. We feel this to be a safer method while the service is still in its beta trial phase.

In order to purchase shares follow the steps below:

1. Create a Solana wallet (Phantom or Solfare are popular options)
2. Purchase USDC token through your favorite swap site or in-wallet
3. Create an account on HHCI
4. Proceed to the 'User Stats' page
5. To the right, enter desired # of shares in selection box
6. Click 'create deposit QR' button to begin payment process
7. Using your mobile wallet, either scan the QR or click the unique payment link
8. Click 'check payment status' to verify transaction and complete purchase
9. View and track your investment from 'User Stats' page

While HHCI is in its beta phase, all withdrawls will be processed manually via email/chat with support. Withdrawls will be processed ONLY during a re-balance period in order to not skew statistics.

Initially, the rebalance rules are as follows:

1. All rebalances are carried out manually.
2. Fund is rebalanced as close to the 1st of each month as possible.
3. If any asset is 25% or more in profit, a re-balance will be triggered to make use of profits.

In our beta phase, we currently plan to track 5-7 coins/tokens. These will contain assets almost exclusively in the cryptocurrency market caps top 10 list, with 1-2 long shot options with high risk and high potential reward. These coins/tokens will begin with:

• BinanceCoin
• BitCoin
• DogeCoin
• Ethereum
• Jupiter
• Solana
• USDC (USD Tether)

Our portfolio will heavily feature Solana, and most of the other assets will be wrapped tokens on top of the Solana blockchain. This will allow for incredibly fast and cheap transactions, and will save the fund on fees for swaps during rebalance times.

We will also heavily feature USDC tether. Having a large portion of the fund in cash reserves will alllow us to take advantage of any large unexpected price drops and/or catastrophic market events leading to low pricing and optimal entry points.

Jupiter token, being one of our 'longshot' style investments, takes up a minimal allocation of the portfolio. This allows us exposure at potentially a very lucrative asset, while minimizing any damage to the fund should the token fall unexpectedly. Jupiter token is backed by one of the top 5 exchanges on ANY blockchain by volume.

BinanceCoin, Bitcoin, DogeCoin, and Etheruem make up the remainder of our portfolio and provide us with a more broad exposure to the overall cryptocurrency market while the fund builds.

As we grow, our first step is to hold assets of each of the top 10 crypto assets by market cap. From there, we plan to hold voting amongst our investors in order to expand our index to cover a more complete cross-section of the overall cryptocurrency market.