[ANN] Index Labs - Decentralized Market Indexes for Cryptocurrency

[indexlabs]

Hello,

We are a new project aiming to bring cryptocurrency indexes and index-based, tokenized assets to the cryptocurrency market. A platform for the creation and management of cryptocurrency indexes can be established in a decentralized manner by utilizing blockchain-based governance. Below is the whitepaper abstract and the link to our website which has more information regarding this project.


Abstract:

Traditional financial markets have long enjoyed the use of indexes. It is time to bring this tool to the cryptocurrency space, but in a manner that allows a community to create and manage its own decentralized indexes. For indexes to be properly integrated into the cryptocurrency market, two kinds of indexes are necessary, both of which are adaptive in order to include new projects of the ever-evolving cryptocurrency world. The first is a market index designed to measure the growth of a market as a whole. The second is a sector index intended for the active management of a specific allotment of related cryptocurrencies. Decentralized, active management of sector indexes will occur by means of a platform-specific governance token. Cryptocurrency indexes will be tokenized to allow for individual token ownership and trading of the indexes.


The Tokens:

Total Market Index [TMX]
The first tokenized, tradable index in the cryptocurrency market. The index tracks the performance and growth of the cryptocurrency market as a whole with the ability to factor in new projects arriving in the market.
   
Governance Token
The key piece in decentralizing the creation and management of indexes. The token gives governance platform users full control over all sector crypto indexes. Holders of this token will be distributed all tokens of newly created crypto indexes.

Adaptive Sector Indexes
Adaptive Sector Crypto Indexes allow for the active management of a group of cryptocurrencies designated to track the performance of a specific market sector. The group of underlying assets can be changed without impacting the price of the token due to its ability to keep the index unit value stable despite changes to the index composition.


Website: indexlabs.finance

On the website you can find more information about this project such as the full whitepaper, project roadmap, token sale information, and index-specific descriptions.


Token Sale Important Dates:

October 15th - Pre-sale (minimum purchase requirement)
   Contact: [email protected]

January 1st - Public Sale
 

Community:

t.me/indexlabscommunity
medium.com/@indexlabs
twitter.com/indexlabs_defi
reddit.com/user/indexlabs


Thank you and stay safe,
The Index Labs Team