Topic: [ANN] [ICO]COINDEX – CNDX30 Top30 Cryptocurrencies and Cryptoassets market INDEX - page 3. (Read 3622 times)

Today we will be posting the offical Bounty Thread on Bitcointalk>Altcoins> bounties.

Please go and check it out.
(Will also share the link in this thread later)

awesome, do the best to your review Dev !

I believe this project can achieve more than it's goals in the future so do not let things go unnecessarily, and I'm sure all the translator will receive your best decisions.

You are right, but Coindex vision go further than raising money (actually we are not a fund), we want to stablish a reliable, divesified and accurate measure of the market by the creation of our index family. CNDX is just a token whose value will correspond the index behavior. Apreciate your point of view Poiseulle

thanks for the explanation. looks solid.
designing an index is not a big secret nowadays. The difficult part is to persuade your investors to put their money to your index fund, also, like mutual fund there will be a lot of regulations from government. if you solve these 2 questions, it could be promising project

Great, as you know there are many people who wants to reserve indonesian translation.

The team will check the profiles and experience and will come out with a decision.

email regarding reservation had been sent, looking forward to your review Dev. Thank you !

Please send us an email to [email protected] with your bitcointalk link and experience.

sure, we are currently concluding the last details with some advisors and in the course of next week we will be publishing the team members

Is there is any info about dev team so it will give the confidence to the people to invest into this project. I also like the idea of this project it has pretty good chance to become a big platform in future. I hope you will reveal this secret very soon.

Apreciate your interest Vatimins, we kindly invite you to go to our website and subscribe to stay updated.

Wow, quite interesting project you got there. I wish i could join the bounties. Because I really think that this coin will succeed. The idea is pretty new and not overused. So i think with great hard work from the devs, this coin will realy be able to achieve success. Good luck coindex! And More power.

Hi Poiseulle

The key to index maintenance is the adjustment of the divisor. Index maintenance should not change the level of the index. This is accomplished with an adjustment to the divisor.
Any change to the coins/assets in the index that alters the total market value of the index while holding coins/assests prices constant will require a divisor adjustment. This section explains how the divisor adjustment is made given the change in total market value.

This Equation shows the coin/asset being removed, coin “AB”, separately from the coins/assets that will remain in the index:

Index level_t-1= (Σ_ip_i*Q_i + P_ab Q_ab)/Divisor _t-1

Note that the index level and the divisor are now labeled for the time period t-1 and, to simplify this example, that we are ignoring any possible ASF and adjustments to share counts. After coin/asset AB is replaced with coin/asset XY, the equation will read:


Index level_t= (Σ_ip_i*Q_i + P_xy Q_xy)/Divisor _t

In equations (3) and (4) t-1 is the moment right before coin/asset AB is removed from and XY is added to the index; t is the moment right after the event. By design, 𝐼𝑛𝑑𝑒𝑥 𝐿𝑒𝑣𝑒𝑙𝑡−1 is equal to 𝐼𝑛𝑑𝑒𝑥 𝐿𝑒𝑣𝑒𝑙𝑡 . Combining (3) and (4) and rearranging, the adjustment to the Divisor can be determined from the index market value before and after the change:

((Σ_iP_i*Q_i+P_abQ_ab) divisor _t-1 = Index level = ((Σ_iP_i*Q_i+P_xyQ_xy) divisor _t


If you have any doubt of need further information please go and check our white paper our feel free to send us an e-mail to [email protected]

Good luck, will watch out for this and participate where necessary

by the way, is this a similar model as Iconomi asset?
if you have bounty campaign and offer a good price for translation, PM me I can help. I have experience in ANN and website Chinese translation

the list of top 30 marketcap in crypto changes pretty frequently. if some coin join or drop out of the top 30 list, will you sell those drop out of the list?

Thanks duongtien86, do you have any question or is there something we can do for you?

Nice project. Good luck!

Our bounty campaign is starting next monday  will be posting every thing about it.