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MAG7.ssi: Your Smart Investment Basket for Top Crypto Assets

$MAG7.SSI
SoSo Original
3KWords
Jan 8, 2025

What is $MAG7.ssi?

$MAG7.ssi is designed to track the performance of the top seven cryptocurrency projects by market capitalization. It follows a market-cap weighted strategy, ensuring a diversified portfolio of the leading assets in the crypto space. Comprising seven key tokens, $MAG7.ssi helps investors capture broad market trends and take advantage of growth opportunities arising from the strongest and most resilient cryptocurrency projects. You can think of it as a "crypto basket fund"—investing in $MAG7.ssi provides exposure to a range of top-performing cryptocurrencies, ensuring a balanced and strategic approach to the ever-evolving crypto market.

Product Elements

$MAG7.ssi is a passively selected index that tracks the top seven cryptocurrencies by market cap and popularity: BTC, ETH, BNB, SOL, XRP, DOGE and ADA. These tokens represent some of the most influential and liquid assets in the crypto market, forming the core components of MAG7.ssi.

Bitcoin (BTC) and Ethereum (ETH), being the largest and most established cryptocurrencies, hold the highest weightings in the index. As of January 2025, Bitcoin accounts for approximately 31% of the total weight, while Ethereum represents around 14.7%. Together, these two assets make up over 45% of $MAG7.ssi, forming its core.

Bitcoin (BTC)

Bitcoin, the largest cryptocurrency by market capitalization, is widely regarded as "digital gold" and serves as a store of value. Its decentralized nature, scarcity, and massive adoption across the world make it a foundational asset in the cryptocurrency ecosystem. Bitcoin's position in $MAG7.ssi reflects its dominant role in the broader digital asset market.

Ethereum (ETH)

Ethereum is the leading smart contract platform and the backbone of decentralized applications (dApps) and decentralized finance (DeFi). With its robust network supporting the creation of decentralized protocols, Ethereum is a key player in the crypto space. The platform’s flexibility in enabling smart contracts and its significant market presence justifies its place in the index, contributing to the diversity and strength of MAG7.ssi.

Other Tokens:

While Bitcoin (BTC) and Ethereum (ETH) dominate the index, $MAG7.ssi also includes other high-market-cap cryptocurrencies, each with significant roles in their respective niches:

  • Binance Coin (BNB): Binance Coin is the native token of Binance, the world’s largest cryptocurrency exchange. BNB has various use cases, such as paying for trading fees on Binance, participating in token sales, and powering decentralized finance applications on the Binance Smart Chain (BSC). Its utility and strong ecosystem support its position in MAG7.ssi.
  • Solana (SOL): Solana is a high-performance blockchain known for its fast transaction speeds and low costs. It supports decentralized applications and cryptocurrency projects, making it a strong competitor in the blockchain space. Solana's scalability and growing adoption place it as an essential part of MAG7.ssi.
  • XRP: XRP is designed for fast and low-cost cross-border payments. It has seen wide adoption by financial institutions seeking to improve the efficiency of international transactions. The XRP ledger’s focus on speed and scalability gives it a significant role in the crypto market, justifying its inclusion in the $MAG7.ssi index.
  • Dogecoin (DOGE): Originally created as a meme, Dogecoin has garnered a strong community following and growing adoption, particularly in the world of payments and tipping. Its significant market cap and continued use in real-world applications make it a key player in MAG7.ssi.
  • Cardano (ADA): Cardano is a blockchain platform known for its focus on scalability, security, and sustainability. With its unique proof-of-stake consensus mechanism, Cardano has become a major competitor in the blockchain space, especially in decentralized finance (DeFi) and smart contract capabilities.

Monthly weighting changes (Snapshot: January 3, 2025)

Index Rules & Principles:

  • Minimum Allocation: Each token is allocated a minimum weight of 10% to ensure proper diversification across the index.
  • Market Cap-Based Weighting: Beyond the minimum allocation, weights are adjusted according to the circulating market capitalization of each asset, ensuring the index reflects the relative size of each token in the market.
  • Rebalance Frequency: The index is rebalanced monthly to adapt to market fluctuations and to include emerging leaders in the crypto space. This ensures that $MAG7.ssi remains relevant and dynamic while capturing new trends and innovations.

These rules ensure that $MAG7.ssi effectively tracks the performance of the leading cryptocurrencies while maintaining a balance between diversification, stability, and growth potential. The methodology helps investors understand the broad movements within the crypto market and capitalize on emerging trends.

Reference Performance

Below is a visual representation of $MAG7.ssi’s referencce performance:

Refrence:https://ssi.sosovalue.com/buy/MAG7.ssi

Based on the historical performance of the tracking index referenced by $MAG7.ssi, as of January 2, the cumulative return of the tracking index over the past year is 230.37%, outperforming Bitcoin by 25.67 percentage points. This highlights the index’s ability to capture broader market gains while diversifying risk.

Investors can explore the detailed reference performance and returns of each constituent token over 24 hours, 1 month, and 1 year on the dedicated analytics page: https://sosovalue.com/assets/cryptoindex/ssimag7

This page provides granular insights into the performance of Bitcoin, Ethereum, BNB, Solana, XRP, Dogecoin, and Cardano, ensuring transparency and comprehensive data for informed decision-making.

Key Advantages

Product Highlights:

  • Carefully Selected Assets:Carefully selected top 7 projects by market cap, with strong social consensus and ample liquidity. This product offers enhanced systematic beta returns from the crypto industry while providing high risk resistance.
  • Balanced Allocation: The initial 10% equal weighting allocation provides sufficient weight to second-tier leaders outside of Bitcoin and Ethereum. Assuming the emergence of more $100 billion market cap tokens over the next 4 years, this structure helps investors secure foundational returns from the crypto industry while also offering the opportunity to capture excess returns from the rise of new industry leaders.
  • Dynamic Rebalancing: Monthly rebalance with a buffer setting ensures timely inclusion of emerging leaders while minimizing the transaction friction caused by frequent rebalancing.

General Advantages:

  1. Simplified Investment: $MAG7.ssi greatly simplifies the investment process by consolidating exposure to seven top tokens, each representing different key sectors in the blockchain space. For example, Ethereum focuses on Layer 1 solutions, XRP on payments, and Dogecoin on the Meme token category. This diversification allows investors to spread their portfolio across leading projects in distinct sectors without the need for individual analysis and purchases.
  2. Cost Efficiency: Managing a portfolio of top tokens across different blockchain networks can incur significant costs, including cross-chain transaction fees and varying gas fees. $MAG7.ssi eliminates these complications by offering a single token that provides diversified exposure, significantly reducing the overall costs of investment.
  3. Transparency & Security: Leveraging blockchain’s inherent transparency, $MAG7.ssi offers a verifiable contract address. Investors can easily track their buy, sell, and rebalance transactions through blockchain explorers. Furthermore, the monthly rebalancing process and the proportions of the seven constituent tokens are publicly accessible and fully transparent.
  4. Risk Diversification: By including the top projects from various key sectors, $MAG7.ssi reduces the risk associated with the volatility of any single token. This broad coverage of critical asset categories ensures a balanced risk profile for investors.
  5. Innovation Support: As of now, the total market cap of cryptocurrencies stands at approximately $3.5 trillion, with the top seven tokens—particularly Bitcoin and Ethereum—accounting for 77% of the total market cap. $MAG7.ssi effectively tracks the performance of the entire blockchain industry, making it an excellent beta investment tool that captures the overall market trend in a single token.

Target Audience

$MAG7.ssi caters to a wide range of investors with different objectives and risk profiles:

  1. Mainstream Investors: Those who prioritize stability and consistent growth from leading crypto assets. $MAG7.ssi’s inclusion of established projects like Bitcoin and Ethereum provides a solid foundation for portfolio growth.
  2. Diversification Seekers: Investors aiming to diversify their exposure across multiple blockchain sectors. By including assets from distinct categories such as Layer 1 solutions (Ethereum), payments (XRP), and meme tokens (Dogecoin), $MAG7.ssi offers a balanced portfolio without the need for extensive research and individual purchases.
  3. Cost-Conscious Investors: Individuals who want to minimize transaction costs, including gas fees and cross-chain transfer expenses. $MAG7.ssi consolidates these investments into a single token, making it a cost-efficient choice.
  4. Risk-Averse Investors: Those looking for a risk-managed entry into the crypto market. With a minimum 10% allocation to each token and a market cap-based weighting system, $MAG7.ssi reduces the volatility associated with individual token investments.
  5. Growth-Oriented Investors: Those who want a simplified yet comprehensive way to track and invest in the overall performance of the crypto market. $MAG7.ssi reflects 77% of the total market cap of cryptocurrencies, making it a reliable beta investment tool.

How to Invest in $MAG7.ssi

Want to buy $MAG7.ssi? Just follow these three easy steps:

  1. Connect your wallet: Go to the $MAG7.ssi website (ssi.sosovalue.com) and connect your wallet. You can choose an existing wallet or create a new one.

2. Choose Your Investment Amount: Select the amount of $MAG7.ssi you wish to purchase and pay using USDC / USDT.

3. Approve the Transaction: Finally, approve the transaction in your wallet to complete your purchase.

Congrats! You now own your first diversified SSI token!

$MAG7.ssi Index Token Address(on base): 0x9E6A46f294bB67c20F1D1E7AfB0bBEf614403B55

More details can be found here: https://sosovalue.gitbook.io/sosovalue-indices/ssi-protocol-overview/our-solution-index-based-wrapped-tokens

Conclusion

$MAG7.ssi is a carefully curated cryptocurrency index that tracks the top seven projects by market capitalization, leveraging a dynamic allocation strategy to capture systematic market returns. Its core strengths include:

  1. Diversification and Balance: Incorporates leading assets like Bitcoin and Ethereum alongside niche representatives like XRP and Dogecoin, ensuring portfolio stability and growth potential.
  2. Dynamic Rebalancing: Monthly adjustments integrate emerging market leaders while minimizing transaction costs from frequent rebalancing.
  3. Simplified Investment: Investors gain broad exposure to seven major blockchain sectors with a single token, reducing the complexity and costs of managing multiple assets.

Market Positioning:

$MAG7.ssi is designed as a Beta investment tool for the cryptocurrency sector, ideal for those seeking stable long-term returns, risk diversification, and the opportunity to track the overall market trend. Covering approximately  above 75% of the total crypto market capitalization, it is a reliable choice for comprehensive blockchain industry exposure.

Call to Action: Optimize Your Portfolio with $MAG7.ssi

$MAG7.ssi offers investors a convenient, transparent, and cost-effective way to capture the growth potential of the blockchain industry.

Visit https://ssi.sosovalue.com/buy today to explore and invest in $MAG7.ssi, and effortlessly optimize your portfolio for the opportunities ahead!

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