Last Update
Sep 25, 2018
Cryptoindex is an exciting new AI-powered platform built to, essentially, predict the next Bitcoin. It accomplishes this through the creation of a cryptocurrency market benchmark known as the Cryptoindex100, which utilizes a one-of-a-kind Zorax algorithm to create a fully-automated index — calculated from a plethora of data imports and sources. With Cryptoindex, each coin is constantly revalued via a feed of neural networks, removing human bias and emotion from the equation entirely. Cryptocurrencies now hold a market cap of more than $200 billion. According to analysts, in the coming years, the capitalization of the cryptocurrency market may reach 10 trillion dollars. More crypto millionaires, who will have earned their wealth through fortunate investing in tokens and coins, will appear as the market grows. With the rapid growth of cryptocurrencies, an increasing number of professional and amateur investors around the globe are being attracted by the potential returns. There are more than 26 million users of blockchain wallets in the world, and over the past year, this number increased by 12 million. Such increasing tempo suggests growing popularity, but it also signals challenges to the cryptocurrency market structure.
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The Cryptoindex is an AI-driven analytical snapshot of the world’s 100 best-performing cryptographic currencies. The Cryptoindex platform is a one-stop crypto market resource, aiming to provide novice and experienced users with the full scope of valuable, up-to-date information and analytics.
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A cryptocurrency index goes to the heart of the exciting and vibrant universe of сryptoсurrencies while offering a methodology fully suited to the needs and requirements of heavily regulated asset managers, institutional and professional investors. The next major milestone in the establishment of the index will be a forming of the Index Reference Value. This makes the project very promising and I would invest in it.
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