I like the idea of a currency which derives its value from the aggregate values of other currencies. That said, I'm skeptical of the effectiveness of the ICO method (let alone a pre -ICO) being deployed for a coin whose value proposition is derived from already well-established crypto markets.
It seems like this might be jumping the gun if the coin has no intrinsic value or other practical usage.
We use the term ICO, but it will not, as you can imagine, be held as a traditional ICO since this is more of a fund. We use the term ICO, more for the purpose of having an "Introduction to the World". Being that the company only profits from a small management fee, we hope to pull the MK of the fund as high as we can, and as quickly as we can.