CRYPTO20 is an autonomous crypto-only index fund that tracks the top 20 cryptocurrencies in the same way the S&P500 tracks the top 500 US company stocks. C20 is the fund’s token, and represents an investor’s share in the fund. Token-holders are able to liquidate the C20 token for their share of the underlying assets via the smart contract.
Created on October 26th, 2012, TRC is one of the oldest cryptocoins in existence. Unlike traditional fiat currencies, TRC is decentralized meaning there is no central bank. The Terracoin Foundation is dedicated to helping the world through donations. Decentralized governance allows masternode owners to control the future of TRC.