HeartRithm Blockchain BS #65
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rufuspollock
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This also falls under Techno-solutionism and Purpose BS.
HeartRithm
https://www.heartrithm.com/about
https://www.heartrithm.com/heart-token
[Ed: Could you make this stuff up if you tried? So they are doing algorithmic trading in crypto markets and then labelling that a way to accelerate a heart-centred culture. It reminds me of the US describing mass bombing of vietnam as "pacification"]
[Ed: also just to check their numbers ... at $9bn AUM they would be donating 3% which they describe as 50% of their performance fee which implies they are making 6% performance fees which assuming a classic 20% performance fee => 30% a year returns ??? That's better than pretty much any fund ever and they would be doing it on significant AUM ...??]
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