Cryptex

About Cryptex

This Ethereum-based protocol that uses the CTX currency to provide different asset management solutions. One of those solutions is the Total Crypto Market Cap Token, TCAP, which tracks the overall market cap of all cryptocurrencies. It’s like an index fund for crypto assets: When there’s more money in crypto, the value of the TCAP goes up; when there’s less, it goes down. To assure the system’s stability, TCAP is 200% collateralized, with reserves held in either ETH or DAI.