Phuture Finance

Phuture is a crypto index platform, that simplifies investing in crypto. [Web 3.0](https://coinmarketcap.com/alexandria/article/what-is-web-3-0) Phuture is based on an open design philosophy that creates passive investment strategies. It provides users with the necessary tools to create new indices and invest in existing indices created by others. The platform combines a user-friendly interface and a set of powerful instruments. One example is the Index Creator, which simplifies index creation by offering customizable parameters like automatic sector tracking and dynamic weighting methods. The protocol is designed to provide scalability by allowing a single swap to rebalance multiple indexes simultaneously. The mechanism itself calculates the optimal assets for rebalancing and determines the acceptable ranges of weights. As a result, the platform supports hundreds of indices, minimizes loss of value during trades and improves index productivity. In early May 2021, Phuture protocol announced the completion of its private seed fundraising round. About $1.5 million was raised with the backing of prominent VC firms, including Ascensive Assets, NGC Ventures, SevenX, Origin Capital, Waterdrip Capital, Moonrock Capital and D64.