Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO][MVP]⚡📈⚡CryptoIndex.io - 100 cryptocurrencies in 1 coin⚡📈⚡
by
Anton_CryptoIndex_Support
on 23/10/2018, 08:59:16 UTC
Quote from: Quminn on October 23, 2018, 08:26:56 AM
Quote from: Anton_CryptoIndex_Support on October 23, 2018, 07:39:08 AM
Quote from: Quminn on October 23, 2018, 06:54:13 AM
May you explain what is “Index Reference Value”?
‘Index Reference Value’ is the sum of the Weighted Market Values of all the Index Coins

The Index Reference Value is updated continuously and will be used on our Platform for determining a Participant’s account balance available, to pay for our Services using the CIX100 Tokens.

So, is it for the weight of coins?

Yes, and for tokens value. A little addition from WP - No later than the Token Delivery Date, we will assign an initial Index Reference Value to the Token in USD.