A more direct approach to building a crypto-asset token that has diversified assets

 

It came to my attention on Reddit’s Ethereum sub-reddit (thanks to https://www.reddit.com/user/Shmauzow/)  that a token can be built with TokenSets that has pre-allocated tokens within that token.

Today, I created the XDCI (Diversified Coin Index) token on TokenSets.

I am currently limited to ERC-20 tokens that have a high liquidity on DEXs and CEXs.

I have chosen wrapped Ether (wETH) instead of the original Ether as wETH conforms to Ethereum’s own ERC-20 standard while ETH does not. This may avoid issues in case TokenSets migrates to a blockchain other than the Ethereum blockchain for its Token Sets.

You can buy XDCI using MetaMask (https://metamask.io/) on TokenSets: https://www.tokensets.com/v2/set/0x20207FBe2621669d74AC0BEe81128fC80196C682