Large updates always take time… In the past month, the team was working hard on a major release awaiting us this August. Today, we would like to guide you through what’s been done in recent years and shed some light on the upcoming changes.


The road so far

In March 2018, Blackmoon presented a platform which allowed the crypto community to access traditional financial markets without leaving the blockchain ecosystem.

Fiat products

We opened our product line by tokenizing two of the most popular Exchange Traded Funds (ETFs). These were SPDR S&P 500 ETF (tracks top 500 US companies) and iShares MSCI EM ETF (tracks companies from emerging markets). Two months later, Blackmoon offered investors to participate in the Xiaomi IPO with crypto! The offering was met with high interest from the public. This motivated us to tokenize another two IPOs — Uber and Lyft. While doing this, we accumulated a ton of experience, allowing us to remove the lock-up period for our users and commence trading right after the actual listing on stock exchanges.

In August 2018, we tokenized a real hedge fund (Prime Meridian REL), providing our users with access to institutional-grade investment. Other than tokenizing already existing financial instruments, Blackmoon developed its own products — Thematic Portfolios. A thematic portfolio is composed of stocks bundled together by the same theme/idea. Currently, investors have access to the Water, eGaming and Brexit thematic portfolios.

Crypto products

In 2018, Blackmoon expanded its product line with proprietary designed crypto strategies. All of them are created on the principles of automatic execution, responsiveness to recent market changes, data consistency and diversification. As of now, there are nine crypto strategies and each one is different depending on the risk/reward profile and underlying algorithm.

Side projects

Parallel to the development of our product line, we launched two side projects. The first one, STO — a simplified way to raise capital and provide liquidity for equity through a security token offering. The second one, Apollo — a fast and effective way to convert illiquid coins.

Platform developments

For the past years, Blackmoon not only has released 18 products but has also been constantly improving the Platform by adding new functionality.
This includes:


Dashboard — a convenient tool to track all available products, instantly buy and sell them 24/7 on one page, without using external wallets.
A possibility to buy cryptocurrencies and our products via a debit/credit card.
Simplified registration and fast verification process.

To ensure compliance of our products, procedures and developments, Blackmoon continuously monitors the market as well as the regulatory environment. The platform is built in line with the highest security standards. Our sustainability was validated by a security audit conducted by a Big 4 company — a true rarity in the crypto industry.

As of now, Blackmoon investors can create a truly diversified portfolio depending on their risk/reward profile. The range of the proposed products allows users to weather the storm periods in the crypto market and to benefit from the bull runs.

What’s next?

Crypto world is vibrant and dynamic. Market participants make millions of investment decisions on a wide range of cryptocurrencies. Their expectations shift frequently and quite dramatically. To meet our users’ needs, we are launching a full-blown exchange inside the Blackmoon Platform to provide you with new tools and opportunities.


%Highlights of the changes%

Users will be able to trade with each other in a fully functional trading interface
Many new assets and trading pairs (including fiat pairs)
10x lower trading fees
Reworked dashboard where you can manage your portfolio and monitor the markets
BMC parings with discounted trading fees. (Overall, BMC utility will soon be significantly expanded. You may have noticed rising interest from investors reflected in notable BMC price appreciation.)



The development phase is near completion, testing is next. We will announce the detailed list of new features in the days to come.€

List of publications on Medium blog


Blackmoon Digest. July 2019
Don’t buy Grams before TON goes live


Handy links to stay tuned to our updates:

Website: https://blackmoonplatform.com

Telegram channel: https://t.me/blackmooncryptochannel

Facebook: https://www.facebook.com/blackmoonfg/

Twitter: https://twitter.com/BlackmoonFG

Reddit: https://www.reddit.com/r/BlackMoonCrypto/

DISCLAIMER


Investment in cryptocurrencies carries a high degree of risk and volatility and is not suitable for every investor; therefore, you should not risk the capital you cannot afford to lose. Please consult an independent professional financial or legal adviser to ensure the product meets your objectives before you decide to invest. Regional restrictions and suitability checks apply.