[SPONSORED] Sean Sanders, CEO and founder of RevixInvest chats about the newly launched Luna on the Terra network. Moneyweb CryptoCurrency
SIMON BROWN: I’m chatting now with Sean Sanders, CEO and founder of Revix. Sean, I appreciate the early morning crypto insight as always.
But I wouldn’t write off crypto just yet as an inflation hedge, because I think, if you look back in history and you look at high inflationary periods, we’ve never actually had cryptocurrency exist through one of those. It’s sort of [about] how the asset class performs during the entire period, not just at the beginning, and we are really just at the beginning of this inflationary period.
SEAN SANDERS: I think it’s exactly that. The Bitcoin dominance index, the total percentage of the crypto market that Bitcoin makes up, has declined over the last several years. It went from 75% over about two-and-a-half years ago … down to roughly around 40%, and we see that trend continuing. So with that trend continuing the bundles that we offer are outperforming Bitcoin.
You are looking at your returns 4X or 5X your money. That’s, I think, the opportunity when you’re looking at crypto over say the next five or 10 years because, if this is an asset class – and don’t get me wrong, this is still a very high-risk asset class – when you look out over a much longer-term horizon, the industries that this asset class is looking to disrupt it’s that sort of opportunity that really excites a lot of people.
So that equal weighting is sort of our big value-add, because every month we’ll rebalance the bundle to make sure that you’re owning 10% of each of the top 10 largest cryptocurrencies, and with the other bundles, we take an equally weighted approach as well. Really this network focuses on creating stablecoins that are sort of linked to real-world assets – dollars, gold and others – and enable you to make payments across the globe.
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