BitUP Digital Wealth Management Project is a foundation project designed to help digital currency investors lower the threshold for digital asset investment and increase investment returns. It is an open and transparent bridge linking digital asset investors and professional investment managers. The project will invite professional investment managers to intelligently configure and operate digital assets based on the combination of professional experience and AI. Investors can purchase these configuration combinations and use the operations of professional managers to achieve stable digital wealth appreciation.

Project Overview

The establishment of the Situp Smart Digital Wealth Management Platform is to solve many problems existing in the field of digital asset investment, and to help digital asset investors establish a transparent and open relationship with professional investment managers and A-based robo-advisors. bridge. Bitup will establish a brand-new business model based on blockchain technology, which will break the disadvantages of traditional models such as closed opacity, information asymmetry, low efficiency, high intermediate costs, and high credit risks, and establish an open and transparent process, trustless information confidentiality, Efficient and low-cost trading platform. Situp will better promote the application of blockchain technology in the field of financial financing. The big banner is the high operating efficiency in the field of social investment, and promote the new economic system to absorb more of the essence of the Nikkei system and get rid of its dross, and eventually gradually integrate its subversive.

Platform Highlights

Wall Street and Silicon Valley Manager Team
Among the Bitup team members are professional managers from Wall Street and many excellent algorithm engineers from Silicon Valley. They will combine their rich personal experience and A data analysis model to select products with the most investment potential for the platform, which will greatly improve the fund's profitability.
AI Intelligent Allocation
After the manager team of the Bitup platform inputs the appropriate asset allocation model, the AI ​​will calculate the asset allocation ratio and make reasonable estimates through various variables and investment strategy goals; and Adjust the ratio in real time at any time as the market and related factors change (automated trading based on reinforcement learning, etc.).
Safe storage
The Bitup platform uses multi-signature cold wallet technology to store various virtual assets. The password information for unlocking the wallet will be stored in a physical space for security purposes and privacy. And a very strict operating process has been formulated to control the inflow and outflow of funds. The exchange will be encrypted and connected through a dedicated network line, and will gradually cooperate with major exchanges to establish a special fund supervision account for trading and exchanging different virtual assets.
Easy to use
The main operation functions of users on the Bitup platform include four points, investment funds transfer in, fund purchase, fund return, fund withdrawal (note: these activities are related to Token Party change is irrelevant). The Bitup platform will give different fund allocation limits according to the level of user authentication.

BUT usage scenarios

BUT is the main component of the ecosystem on the Bitup platform. BUT is a non-refundable functional utility token that will be widely used in the Situp platform ecosystem as a communication medium and circulation token between different participants on the Situp platform. BUT is the core incentive mechanism of the Situp wealth management platform. It will encourage positive behaviors that are beneficial to the community, so that professional and ordinary investors can work together to build and improve the community ecosystem
BUT does not represent the foundation in any way (and any of its affiliates) any shareholding, sharing, rights, positions, interests, nor any Token holder's proof of any expenses, income, profits and investment returns, BUT in Singapore and any related jurisdictions Neither constitute securities. BUT can only be used on the Bitup platform, and BUT has no rights, express or implied, and BUT is only used as an interactive means on the Bitup platform.
BUT will have some specific functions:
First, the Bitup platform will charge users a certain amount of BUT for creating DACS belonging to users.
Second, it is used to pay the annual management fee after purchasing DACs, and the exit fee for selling DACs will also be paid with BUT.
Third, according to the provisions of the smart contract, BUT will be used to automatically give rewards to investment managers and other third parties. The asset allocation portfolio created by the project and all operations will be transparent and open to all investors. The performance of all asset allocation portfolios will be assessed quantitatively.
Fourth, BUT holders will obtain exclusive access to the advanced services of the Situp platform (such as market intelligence and research reports) by paying BUT.
Fifth, BUT holders will get more opportunities on the Situp platform, while the general public will not be able to get these opportunities.
In particular, you must understand and accept, BUT:
(a) non-refundable, non-refundable, non-refundable (or its equivalent in other virtual currencies or any payment obligations of the Foundation and any of its affiliates;
(b) It does not mean that the Foundation and all its affiliates have granted Token holders any rights, any form of income or assets, including but not limited to any acceptance of future income, stocks, ownership or shares, shares or Securities, any voting rights, distribution back, liquidation, property (including various forms of intellectual property rights), or other financial and legal rights and equivalent rights, intellectual property rights or any other forms against the Bitup platform foundation and its participants include rights of dealers or their service providers;
(c) is not meant to represent money (including electronic money, securities, commodities, bonds, debt instruments or any other kind of financial instrument or investment;
(d ) For the foundation and its affiliated institutions, this does not mean a payment, nor does it mean any form of debt, and it does not have any profit expectations;
(f) Bitup Foundation and its affiliated institutions do not Any ownership rights and any other rights and interests will be provided to the Token holder.
After the Token is exchanged, the distributor will hold the exchanged assets, and the exchanger will have no legal and economic rights and interests in these assets or the entity .
To a certain extent, BUT may be traded in the secondary market or exchange, but this behavior will have nothing to do with the Foundation and its affiliates, this BUT exchange activity, and the Bitup platform. Whether it is the Fund Neither the society nor its related parties will create such a secondary market, and there will be no physical transactions.

Development Vision

The traditional asset management market has a scale of tens of billions of dollars, and the current digital currency market assets have reached 700 billion dollars. After 2018, the digital asset market will undergo fission, and it is exploding to tens of trillions of dollars. In the face of such a huge asset management market, all digital asset management companies are just getting started.
The vision of the Bitup platform is to become the world's largest digital asset management platform. In terms of asset management scale, it will be on par with traditional asset management companies such as Berkshire Hathaway and Blackstone. At the same time, use its professionalism and good performance to serve global digital asset wealth managers and bring them higher returns. Bitup will strive to promote the development of its own community. The Bitup platform will focus on the research on digital currency asset management theory to promote the scientific and standardized industry; at the same time, it will carry out the promotion and education of blockchain and digital currency, so that more Ordinary people understand the value of blockchain.
At the same time, the Bitup platform will promote the development of the entire blockchain ecosystem. Through technology and product project cooperation, financial support, etc., to support the growth of blockchain startups, and then grow and enrich the entire ecology. Blockchain technology is currently being intensively applied in the field of digital currency, but the journey of blockchain is a sea of ​​stars. In traditional financial fields such as stocks, futures, and insurance, as well as social fields such as real estate, e-commerce, and social networking, blockchain Technology still has a lot to develop. The Bitup Foundation will be committed to promoting the digitization of financial assets and the decentralization of society through the blockchain. Promote the construction of a more fair, efficient and trustless business society.