Increase ICAP rewards with 76% cost-savings running on Akash Network
Hi there, This is a feature request to both lower operational cost and increase availability through decentralization. It can be achieved by migrating the Invictus Platform, or part thereof, to Akash Network, a decantralized cloud marketplace. A migration to the Akash Network would be an operational efficiency improvement, whose cost savings can be passed on to the Invictus Capital community in the form of ICAP tokens. In slightly more technical terms, Akash is an open-source, serverless Linux container platform that runs any cloud-native and containerized application + faster + more flexible + at lower cost + permissionless + self-sovereign Current cost-saving compared with centralized cloud providers like AWS, Microsoft Azure and Google Cloud is at about 76 % on average [see attached print screen of the Akashlytics price comparison (link below)], meaning you can run your platform for about 1/4 of the price, depending on your specs. On Akash you lease a container and specify CPU, RAM and storage required, set a price and the compute provider with the lowest bid gets to run your container. Akash is well established and has partnerships with, amongst others + Equinix Metal, who run 220 data centers in 25 countries + CertiK, whose nodes are deployed on Akash allowing CertiK clients to decentralize their cloud infrastructure + Helium, to provide decentralized cloud to the world's largest IoT network If Invictus and its community is looking to increase the resilience and availability of the platform while also saving money, Akash should be a no-brainer. More info can be found here: Website: https://akash.network Documentation: https://docs.akash.network/ White Paper: https://whitepaper.io/document/632/akash-network-whitepaper Twitter: https://twitter.com/akashnet_ Dev & Tech Support: https://discord.akash.network Dashboard: https://akashlytics.com/ Price comparison: https://akashlytics.com/price-compare
Investment history exporter
The ability to export a complete investment history for all funds in a csv format for import in to tax tools such as Koinly, TokenTax etc.
Publication of transaction history performed by each fund (once a year)
Hi everybody! The feature I am proposing is that Invictus publishes the transactional history (i.e. each position that is bought and sold in e.g. C10 and C20) in regular time intervals for each fund. The two main reasons why I am proposing this are the following: For tax reasons. Assertion that Invictus is meeting its fiduciary obligations towards investors. The long version: For tax reasons. For investors, a documented transaction history would provide additional documentation of taxable events if this is demanded by the tax office (which they might because Invictus is located in the Caymans and even there, not regulated by the Mutual funds law (source: https://invictus.zendesk.com/hc/en-us/articles/360015124352-Is-Invictus-Capital-regulated- ) Precisely because Invictus is not regulated, this would give additional security that the assets under management are used as intended. This is not meant as a vote of no confidence towards Invictus, but rather coming from a "trust is good, control is better" angle. Especially for the C10 token with its proprietary model parameters, it is hard to tell if fiduciary obligations towards the investors are met if no regulatory agency does that for us. The C10 fund for example gets rebalanced once a week. Theoretically Invictus can rebalance at other time intervals and book gains/losses to their own benefit and the disadvantage of investor's money. Summing up the management fees from the Q1 2021 quarterly report (source: https://cdn.invictuscapital.com/reports/2021_QR1.pdf ) the quarterly earnings from fees sum up to roughly $310k a month. How do you even pay your 46 person staff (source: https://invictuscapital.com/en/about ) with $100k a month? Keep in mind we are in a bull market so returns might even be lower in other quarters. I know I might be missing stuff here, please again, no vote of no confidence intended. But from the information provided, I would feel more comfortable if Invictus provided more information regarding their transaction history. Since Invictus must be logging this data anyway already in order to backtest their models and optimize performance, this shouldn't be too much of a hassle....easy to say, I know;) But the data should be there. If the transactions are only published with a one-year delay, reverse engineering of the model parameters and thus endangering Invictus' IP should also be of no concern. Thanks alot if you read until here!:)
Redeem funds to stable coin
It should be possible to redeem all of the Invictus funds to one or more stable coins to avoid exchange rate risk upon redemption.
Investment Performance Overview
A tool to see your overall investment holdings (in graphical format or otherwise) and your past performance
A dashboard showing the funds daily, weekly, monthly and yearly performance for the selected fund you would like to see it for. Something similar to the Crypto20 website (original website, which is still quite slow) extrapolated to all funds.
Integrate all funds into Coinmarketcap
A huge problem we have is that coinmarketcap/coingecko is missing price data of most of our funds (except to these who are listed on exchanges). Important tools of an investor like portfolio tracking apps or crypto tax services simply do not work. That has to change. We all rely on selfmade sheets that pull NAV prices from the Invictus API. On Crypto tax portals you need to manually put in the $ value for every invictus fund movement (if possible). Most tax portals don't let you set a market price to an unknown asset, so 5000 C10 Token which have a value about 40.000 USD become valued as 0 USD. If CUMROCKET CRYPTO ($CUMMIES) is able to be listed on Coinmarketcap we can too. Invictus should be able to talk Coinmarketcap / Coingecko into hooking their backend up to our API imo. There are thousand of good reasons why Invictus should have its place on coinmarketcap / Coingecko. (yadda yadda salmon taxes please kill)
Ability to set automated payments for the same amount at regular intervals (weekly/monthly), from a bank account into an Invictus fund.
View asset value and performance in ETH (and BTC) as well as USD.
Title says it all. Many are more interested in performance compared to ETH and BTC than with USD. So a real-time token nav in ETH on the website/portal for C20 and other would be great.
Secure funds from $5-wrench attack
2FA is great for security in case of a hacker attack. But what happens if you are "visited" in person and "asked" for moving your funds over? I propose an additional optional switch to lock funds at the Invictus wallet for a certain time period (maybe 24h or 3days) before they can be withdrawn. With that lock I would have to declare my request for withdrawal and after that time period I could do so. Probably and hopefully too long for a wrench attacker visit...