Passive Ethereum Fund

Bitcoin’s core innovation of a decentralised, peer-to-peer, and open-source network was a groundbreaking technology. It enabled the creation of previously inconceivable digital store of value, that was able to be custodied and transferred without relying on a 3rd party.

Ethereum expanded on the core innovation of Bitcoin by creating a blockchain with a programmable, embedded computer. Where Bitcoin stores only transactional data on its blockchain, Ethereum is able to store and execute ‘smart contracts’.

Smart contracts are self-executing digitised agreements that automatically settle when an agreed condition is met. Smart contracts introduce significant efficiency gains by removing the need to interpret and enforce a contract, and trust your counterparty. As a result, they are used as the building blocks upon which decentralised applications and protocols are built.

Ethereum securely processes transfers and smart contract executions on its blockchain, and in return, users pay 'gas' fees in its native token ether (ETH). As a result, Ethereum is positioned as the core infrastructure upon which the decentralised economy is building upon.

Innovation, adoption and growth of the Ethereum ecosystem continue to take place at an exciting pace, and as a result an ETH investment provides simple and effective exposure to growth in the  decentralised economy.