SPINDLE, which plans to connect cryptocurrency hedge funds and users easily and on an equitable level, successfully completed a private sale earlier this year, centered predominantly in Japan. The investment matchmaking platform now hopes to go global. Its blockchain-based system is designed to make investments and the cryptocurrency market available to everyone, regardless of their background or wealth. Its platform ‘ZETA’ will use a combination of blockchain and smart contract technologies to create an environment where information on investment opportunities is delivered with “utmost transparency,” enabling investors to directly communicate with fund managers and make confident decisions based on reliable information.
The project also wants to increase the amount of information about assets available to fund managers. One way this will be achieved is through using Ethereum smart contracts to create a transparent and easy-to-access record of all transactions associated with an asset. Both fund managers and private investors will have access to a complete, tamperproof history of an asset through ZETA.