CBI, the "Genesis Block" of CypherBabel, has just Launched Five Crypto Assets Indices to Provide Investors with Institutional-Level Investment Tools on Crypto Assets.
New York, United States - October 20, 2022 /MarketersMEDIA/ —
CBI (CypherBabel Index), the "Genesis Block" of CypherBabel, has just launched five crypto assets indices on October 20th. CIC55, an index that depicts the Crypto Composite Market Trend, DeFi index DFI20, DeFi index DFI10, Metaverse Index MVI10, and Metaverse Index MVI5. CBI provides various crypto asset indices, index protocols, and index-construction tools for anyone in the crypto universe, newbies or oldies.
CBI indices assist investors with an improved understanding of the trends in the crypto universe, therefore developing optimized trading strategies ahead of others and making appropriate investments and profits in a bear market.
CypherBabel aims to provide a suite of infrastructures for building a trustless society. As an essential product of CypherBabel, CBI focuses on delivering index-related products and services in the crypto universe to help investors better understand and analyze the complex and ever-changing crypto market and investment opportunities.
The crypto space consists of multiple segments, including DeFi, NFT, GameFi, Metaverse, etc., and no single metric can accurately measure them. Therefore, in the future, CypherBabel Index will launch related indices based on the industry classification of the crypto universe, which will be used to track the overall performance of the associated sectors and discover potential investment opportunities.
Meanwhile, CBI upholds the concept of decentralization and launches Dapp for users to build their own crypto assets indices, returning to the essence of blockchain and Web3.0 and giving the power of creating financial instruments back to each participant in Web3.0. CBI also encapsulates a set of complex index calculation methodologies so that users only need to decide what constituents are included in the index based on their understanding of the market to construct their own crypto assets indices. CBI also hopes more professional users participate in the CBI DAO to improve and diversify the index methodology and build crypto indices for all Web3.0 users. In CBI's community, investors pay attention to and apply the relevant index. The indices with the best performance will be favored the most in the community, showing the community's power.
CypherBabel gathered top analysts, traders, and financial professionals in the crypto universe to launch the Crypto Industry Classification Standard (CICS). CICS is the taxonomy of the crypto universe building upon thorough research and analysis of projects and technologies in this space. CICS is not only used to capture and evaluate the impact of market-wide or sector-specific trends on portfolios, but also to display horizontal risk exposure, showcase investment opportunities in mature and emerging markets, and help investors develop investment strategy rotation based on consistent definitions.
Unlike existing indices in the crypto universe, the use of fixed assets to measure market performance will quickly become obsolete due to the fluctuating data in the crypto universe and the dramatic changes in the ranking and performance of crypto assets. CBI indices are evolving and will be continuously adjusted and upgraded according to the performance of the crypto assets to deliver accurate indications of the market.
In the future, along with the continuous improvements of CBI indices, they will bring more transparency and fairness into investment opportunities in the crypto market.
Official website: https://www.cypherbabel.com/index
Twitter: https://twitter.com/cypherbabel
Discord: https://discord.gg/HU4mhMtmhE
Contact Info:
Name: Briti
Email: Send Email
Organization: CypherBabel Co., Ltd.
Website: http://www.cypherbabel.com
Release ID: 89083500
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