Post
Topic
Board Announcements (Altcoins)
Re: 📈📈[ANN][Pre-ICO] CRYX - Cryptocurrency Market Indexes and Data Solutions
by
CRYX
on 25/02/2018, 21:38:39 UTC
I would like more detail and simpler. What indexes are spoken about in the project? Why they need customers. What needs will investors perform services?
Hello Sir,

Our indexes are used for benchmarking purposes. They allow investors to compare their strategies and portfolios to our benchmarkets' performances and returns.
We offer the CRYX Cryptocurrency Volatility Index (CVX) for investors to assess and monitor the volatility in the cryptocurrency market.
Finally, we also offer the CRYX Cryptocurrency Classification Standard (CCS) allowing cryptocurrency enthusiasts to monitor each sector's performance and classify each cryptocurrency/token available in the market.

Customers would be mainly asset managers and cryptocurrency funds managers who need to benchmark their strategies and portfolios.
Individuals can join the CRYX Community to share their strategies and Research ideas. They can also use the platform to visualize over 1,500 cryptocurrencies and use more than 15 technical indicators: https://cryx.io/backtesting.html

You can find our different indexes for our three different series (CRYX5, CRYX10, CRYX25, CRYX50, CRYX100) on this page: https://cryx.io/product.html
Furthermore, users can also check the Fact Sheet for each of our three different index ranges (example with the CRYX25 here: https://cryx.io/CRYX25_FactSheet.pdf)

There are 3 different Series: Cap-Weighted, Equal-Weighted, and FLEX-Weighted

Cap-Weighted:
This index range will be tracking the cryptocurrency market based on each individual market capitalization.
The major currencies will have larger impact on the performance returns than assets with lower market capitalization.

Equal-Weighted:
This index range offers an alternative from the Market Capitalization range of indexes. The Equal-Weighted index range is purposely erasing the market capitalization factor from each asset in order to achieve a simple goal – all the assets weights are equal.

FLEX-Weighted:
This third index range is a new and more experimental kind of benchmark. FLEX stands for "EXponential
FLattening". We have developed our own method to calculate an index that is not purely driven by market
capitalization but is neither fully equalized.