Cryptoindex.io (CIX100)

100 CRYPTOCURRENCIES IN 1 INDEX COIN

wdt_ID Token-Sale 17th, October 2018 - 16th, January 2019
1 Website www.cryptoindex.io
2 Country Malta
3 Bitcoin Talk www.bitcointalk.org/index.php?topic=4688321
4 ICO Listing www.coinschedule.com/ico/cryptoindex-io#event5506
5 Whitepaper www.cryptoindex.io/docs/CryptoindexWP1.0.pdf
wdt_ID Project Concept
1 Cryptoindex is an index of the top 100 performing coins, selected and rebalanced by their neural network algorithm Zorax. It is an 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.
wdt_ID Project Purpose
3 The Cryptoindex platform was conceived as 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. It is a tool for exposure to the cryptomarket and serves as a smart benchmark for all cryptocurrencies.
4 With readily accessible top crypto market news, price quotes, real-time trading, and order book information, the Platform allows users to monitor the crypto markets efficiently. The Platform provides top-of-the-line analytics on all coins included in the Cryptoindex 100.
5 Zorax analyses a huge amount of data sourced from tens of billions of actions of cryptocurrency market participants. The Platform highlights this decision-making process, by showing the impact of different factors on the weight of each coin in the index, displaying recently added coins, giving predictions of the neural network about each coin in the index for the next period.
7 CIX100 Token is an ERC20 standard service token that represents an index of the top 100 cryptocurrency coins, referred to as the Cryptoindex 100. The Token can be used on the Cryptoindex Platform as a means of payment for all Services offered through the Platform.

wdt_ID Zorax, Heart of the Platform
1 Zorax applies a set of calculations to continuously rebalance a basket of the top 100 coins. Thus, the cryptocurrency market is accurately represented on a real-time basis. At the core of their platform, there are a lot of data analysis algorithms and a set of neural networks - ‘Zorax’, as well as a special system which interacts with the largest crypto exchanges. This algorithm is able to analyze a large volume of information and decide on the composition of the index.
2 The algorithm is able to analyze a large volume of information and decide on the composition of the index. The system consists of 5 blocks;
1. 1st Block: The Information Collection System.
2. 2nd Block: The Analysis System.
3. 3rd Block: Neural Network.
4. 4th Block: Test Purchase Module.
5. 5th Block: Rebalancing Module.
3 1st Block: The Information Collection System:
It is a system of robots which aggregates information from tens of billions of actions from the cryptocurrency market participants, from various different sources: Cryptocurrency exchanges, news resources, thousands of telegram chats; ending up with the information on projects’ updates in GitHub.
4 2nd Block: The Analysis System:
Using the gathered data from the first block, the information is automatically systematized and transformed into factors on the basis of which the system will decide on the composition of the coins. The volume of trades, movements in the order books, price movements, site visits, chat discussions, and other signals become normalized metrics, which are subsequently submitted to Zorax.
5 3rd Block: Neural Network:
This block is made up of the five neural networks, which, on the basis of training, accumulates newly received information and creates forecasts for the most important metrics of cryptocurrencies. From the systematized data and constant learning, the neural network module decides which coins can enter into the index.
6 4th Block: Test Purchase Module:
This module executes a test purchase and sale of each of the coins using a very small amount of funds from our special testing reserves. This procedure is needed to check if a particular coin can actually be bought and sold by a user easily and at the price quoted, and to flag up any technical problems with transacting in the coin.
7 5th Block: Rebalancing Module:
Every month the system makes a repeated analysis of all the coins, based on the whole dataset collected during the month containing long-term and mid-term factors, including the test purchase, and decides which coins will remain in the index, in which proportion and which ones have to be removed or added.
The Platform
wdt_ID Token Informations Investment Informations
1 Token: CIX100 Accepting: BTC, ETH, LTC, BCH
2 Platform: Ethereum Distributed in ICO: 90%
3 Type: ERC20 Soft Cap: 3,000,000 USD
4 Price in ICO: 1 CIX100 = 0.0001 BTC Hard Cap: 37,000,000 USD
5 Total Supply: 300,000,000 CIX100 Restricted Areas: USA, China, Japan, North Korea, Syria, Afghanistan, Bosnia and Herzegovina, Iran, Iraq, Lao PDR, Uganda, Vanuatu, Yemen
6 Tokens for Sale: 270,000,000 CIX100 Minimum investment: 0.01 BTC
7 Know Your Customer (KYC): YES Whitelist: YES
wdt_ID Bonus Structure
1 Week 1: 5-15% Bonus
2 Week 2: 4.5-14% Bonus
3 Week 3: 4-13% Bonus
4 Week 4: 3.5-12% Bonus
5 Week 5: 3-11% Bonus
6 Week 6: 2.5-10% Bonus
7 Week 7: 2-9% Bonus
8 Week 8: 1.5-8% Bonus
9 Week 9: 1-7% Bonus
10 Week 10: 0.75-6% Bonus
wdt_ID Token Distribution
1 Distributed to Community: 90.00% (270,000,000 CIX100)
2 Team Members: 7.00% (21,000,000 CIX100)
3 Advisors: 3.00% (9,000,000 CIX100)
wdt_ID Milestones
1 Q1 2018: Launch of the data collection and data processing system for cryptocurrencies.
2 Q1 2018: Launch of the prototype, basic cryptocurrency screening for the index.
3 Q2 2018: Neural network tested for the composition of the index.
4 Q3 2018: Whitelist.
5 Q3 2018: Cryptoindex platform testing (automated acquisition at crypto exchanges).
6 Q4 2018: ICO start.
7 Q4 2018: Creation of indices along with partners.
8 Q4 2018: Further development of Cryptoindex Platform, new features to be added.
9 Q1 2019: New indices to be developed.
10 Q1 2019: Creation and testing of new market tools.
Partnerships
ICO Reports
This is an independent report generated by a Coinschedule partner company. Coinschedule has no influence over its content and the views expressed may not reflect the views of Coinschedule. This is not investment advice, you are encouraged to do your own research and reach your own independent conclusions.