Harmony Block Capital is a tokenized encrypted hedge fund and a distributed autonomous fund with a distributed autonomous organizational structure. The fund uses tokens and smart contracts to participate in financial management. The fund's position information, transaction records, investment portfolio and asset curve are all integrated in the encrypted audit system, open and transparent to accept inquiries and supervision from fund holders and the public, and the fund's assets will be recorded on the Ethereum blockchain. Fund holders can participate in management through the holders' meeting according to the TRUST shares they hold (1TRUST represents 1 voting right and 1 fund share), so as to maximize autonomy.
TRUST Token is a tokenized fund share, a negotiable proof of community governance and rights and interests. It is used for fund profit distribution, unit net value calculation, share transfer and circulation, community governance and fund operating cost settlement. TRUST is not an ICO, because TRUST is issued by pledged ETH at the time of subscription, and is exchanged and circulated with ETH through subscription pledge and redemption. The price of TRUST against ETH anchors the performance of the fund.