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How It Works

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Crypto Wallet

Crypto Wallets

What is

a Crypto Wallet?

A Crypto Wallet (not to be confused with a "Digital Wallet") is a type of electronic wallet that is decentralized and able to hold Stable Coins like USDC, USDT, Curve, and other Cryptos like ETH, and yes, even Bitcoin. 

How does

it work?

A Crypto Wallet holds passkeys that enable you to access & control the digital currency that you own on the blockchain (think of it like a very secure notebook where you keep the code to your safe). 

When you want to do something with your digital currency - like move it or sell it - your Crypto Wallet gives you the authority to do that. 

Why does Medici use

Crypto Wallets?

The Medici Project uses Crypto Wallets for two reasons:

The first is that a Crypto Wallet ensures that you always maintain ownership and control over your money. Even if The Medici Project were to suffer bankruptcy, you would not be affected, because you would still own your digital wallet, and thus the underlying funds.

The second reason is that we understand the future of money is digital, so we firmly believe setting our users up with a Crypto Wallet from Day 1 is the move. Why create tomorrow's products with yesterday's technology?

Asset Rating

Asset Rating

(how we do it)

The Medici Project uses a AAA - D scale to rate all digital assets (a reliable method used by financial companies since the early 20th Century). We focus on quantitative financial metrics, and more qualitative aspects, such as the quality of the team behind the asset, or the code that underlays it. 

AAA

Investing

Grade

Best Quality

AA

Investing

Grade

Good Quality

A

Investing

Grade

Good Quality

BB

Speculative

Grade

Mid Quality

B

SpectulativeGrade

Mid Quality

C

High

Risk

Low Quality

D

Cause for

Concern

Lowest Quality

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The rating system is used to asses all funds on Medici.

We re-evaluate all our holdings throughout the year, so if the status of a particular token changes, it will be removed from the portfolio and replaced with something better.

Our job is to keep producing returns, and keep you safe from bad actors taking advantage of you. 

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