Fumbi Product Update – December 2024

It’s December, the time of Christmas, relaxation, and peace. However, we are not slowing down even during this season and continue working on improving and optimizing our products to always bring you the very best from the cryptocurrency market.

In the second half of November, Fumbi’s Investment Committee convened to carry out the regular updates to our products. The December update introduces several changes and innovations, adjusting the strategy of our products to align with current trends in the cryptocurrency market. The expanded offering of cryptocurrencies will enable you to better diversify your portfolios to achieve your investment goals.

Fumbi Index Portfolio

Bitcoin recently surpassed the $99,000 mark, leading to a tremendous interest in our Fumbi Index Portfolio. The demand for this product is skyrocketing, with the portfolio currently comprising 24 cryptocurrencies that collectively cover all the key development areas in the world of cryptocurrencies (Bitcoin, Ethereum, DeFi, NFTs, AI, and Oracle). By investing in multiple cryptocurrencies simultaneously, which are focused on different areas, diversification occurs, a standard method for minimizing and managing investment risk in the world. Spreading your investment across several cryptocurrencies reduces the risk of failure for individual projects while also diversifying your investments across various crypto sectors.

To optimize and enhance diversification, we decided to include one cryptocurrency from the Gaming sector in the portfolio—a sector that the Fumbi Index Portfolio has not covered so far and which has significant potential in the cryptocurrency ecosystem.

The added cryptocurrency to the Fumbi Index Portfolio:

• Immutable X (IMX) – Currently the largest cryptocurrency focused on game development on the blockchain. This project is behind popular games like Gods Unchained and Guild of Guardians, which have attracted hundreds of thousands of players and investors worldwide.”

Fumbi Custom

As part of expanding the available cryptocurrencies in the Fumbi Custom product, we have decided to include two new cryptocurrencies that meet the formal selection criteria and may represent an interesting choice for diversifying your investments. The added cryptocurrencies are:

• Injective (INJ) – Injective Protocol is an interoperable smart contract platform focused on the development of the decentralized finance sector. Using pre-built, customizable smart contracts, it allows developers to create decentralized exchanges, prediction markets, and various other types of financial applications.

• SUI (SUI) – Sui is a highly scalable Layer 1 network designed to support applications and smart contracts that can process a large number of transactions simultaneously, making it ideal for mass adoption in various fields, whether in financial services, the gaming industry, or decentralized social networks.

Advanced Portfolios

Advanced Portfolios are becoming increasingly popular and favored among our investors. In this product, you can choose what you want to invest in and how much weight individual assets will have in your portfolio. You can build your portfolio yourself or choose one of the predefined investment templates. Our templates are created to cover all important areas from the world of cryptocurrencies (Layer 1, Layer 2, DeFi, NFTs, RWA, and Memecoins).

To offer you the maximum from the cryptocurrency market, we added up to 8 new cryptocurrencies to this product during the December update, which you can now add to your investment portfolios. The new assets in this product include:

• Hedera (HBAR) – Hedera is a network that enables fast and secure transactions. The project collaborates with several well-known companies, such as Google and IBM, which enhances its credibility and stability.

• POPCAT (POPCAT) – A popular memecoin created on Solana, inspired by the famous internet meme “Popcat.” Its aim is to entertain the community and bring fun to the world of cryptocurrencies.

• Raydium (RAY) – Raydium is a decentralized exchange on the Solana network, designed for fast and inexpensive trading of crypto assets. It allows users to easily exchange various digital currencies, provide liquidity, or bridge tokens from one network to another.

• Nervos Network (CKB) – A network that enables different blockchains to communicate and collaborate with each other. Nervos aims to provide a universal infrastructure for decentralized applications (dApps) and protocols, emphasizing security, decentralization, and flexibility.

• EigenLayer (EIGEN) – EigenLayer is a protocol built on the Ethereum blockchain that allows re-staking of existing ETH or other tokens from stakers to secure additional protocols or applications. Its goal is to maximize the utilization of staked value on Ethereum and support the emergence of new decentralized services.

• Oasis Network (ROSE) – Oasis is a network focused on privacy protection and data security. It enables the creation of applications that protect users’ personal data, which is important in sectors such as healthcare or finance.

• AEVO (AEVO) – An advanced decentralized trading platform that offers various tools for professional traders. It allows trading of derivatives and other financial products in the crypto world. Aevo operates purely on blockchain technology, meaning that trading is transparent, secure, and does not require trust in a centralized entity.

• BEAM (BEAM) – BEAM serves as the native crypto asset for the Beam network, a gaming network supported by Beam DAO. Beam is an ecosystem where players and developers meet to shape the future of the gaming industry. One of its core components is the Beam SDK, a flexible software development kit that allows game developers to choose from various tools that can be used to complement and structure their elements in games on the blockchain.

For even greater industry diversification, we have created a new template called Gaming Portfolio in the Advanced Portfolios product. This template focuses on gaming projects from the cryptocurrency world that offer players the opportunity for fun and earning using blockchain technology. According to data, the gaming space is a consistently growing area, currently reaching a size of up to 280 billion dollars. The blockchain gaming industry is still in its infancy, but it undoubtedly holds great potential.”

Template composition – Gaming Portfolio

New cryptocurrencies as well as a new investment template were selected based on their potential and growing popularity in the crypto market. We believe that the new cryptocurrencies in Fumbi will enable you to adapt and optimize your investment strategy, helping you achieve your investment goals.

During this update, no changes were made to the existing templates in the Advanced Portfolios product. If you’re unsure about what to invest in, choose one of our pre-set templates.

At Fumbi, we adhere to strict criteria when selecting cryptocurrencies for our portfolio, focusing on liquidity, market capitalization, and strong fundamentals in payment systems, decentralized finance, and Web3. You can find more information in this blog.