Indicium is an upcoming DAC (decentralized autonomous company) centered around the creation of cryptocurrency ETFs (Exchange-Traded Funds). The DAC will issue its tokens via the PeerAssets protocol on the Peercoin blockchain, giving great flexibility to the company as a blockchain agnostic entity and acting as the first application of the new protocol. Indicium seeks to apply proven mathematical re-balancing algorithms used by the financial industry to form a robust basket of cryptocurrencies.

Indicium will greatly mature the crypto-marketplace by providing a hedge with reduced volatility while also outperforming the Bitcoin market in long term trends. This will be accomplished using on-exchange trading bots and holding multisignature reserves off-exchange with all operations controlled by an elected board of managers.

The founding team is deeply intertwined with the Peercoin and PeerAssets development teams, giving proof of technical expertise involved in this project. A small scale initial public offering will serve to acquire development funds and distribute indX tokens used to vote and elect the board of directors. Profit can be reinvested into the company or given as dividends for a return on investment.

More information will come out soon