As for the future this project is very good, i have downloaded the cindicator app in the playstore just a little confused how to use it
Hello, thank you! Becoming Cindicator forecaster is a great way to capitalize your knowledge and trading skills - without risking your money. You can also earn money if you are on the top of our montly rating.
Actually, your goal is to make your forecasts on events that you can see in app.
Forst, you choose questions from the list and answer them. You got points for right answers and lose points for wrong answers. There are “probabilistic” and “price-related” questions.
“Probabilistic” questions asks you to choose a probability of an outcome of particular event on a scale from 0% (certainly won’t happen) to 100% (certainly would happen). The exact significance of the probability you choose will determine the amount of points you win or lose. Example of the question: “Will Tesla report earnings per share (EPS) above current Wall Street Consensus of $-1.81?”
“Price-related questions” requires you to set price for a financial instrument manually. Example of questions: “In your opinion, what will be the maximum price of Apple stock on Wednesday, August 2 at the first day after its Q3 results announced?”
Number of points you get from your forecasts set your place in the rating. Currently, top 30 forecasters share the prize money fund each month. There is also a regular crypto challenge: top 10 forecaster share BTC prize fund. We don’t charge you anything for being a forecaster, neither do we fine you for wrong predictions. The only thing you invest is your knowledge and skills (and maybe a few megabytes of storage on your smartphone).
Finally, we strongly encourage you to analyze the data necessary for a correct forecast. All related graphs and information might be accessed from “helpful links” key under the question.