Sentiment Top 10 ETx

BMxDT10

The crypto market is mostly driven by the investor's expectations based on the available information online. Using AI and Big Data technologies, Daneel.io designed a proprietary scoring method which reflects the market sentiment about any cryptocurrency. The snapshot of the market sentiment provided through the API and user interfaces enables investors to react intelligently and quickly to new trends and market movements.

Daneel.io in partnership with Blackmoon have designed an investable Sentiment Exchange Traded Index which is based on the sentiment market scoring analysis which Daneel.io is rolling out.

The Sentiment Top 10 Exchange Traded Index (ETx) allows investors to capitalize on the top 10 coins with the highest confidence score for the week which reflects the market opinion based on the data mined from the text within millions of news, tweets, social media, bitcoin talks etc every day.

Change 24 hours
+0.14 %
in ETH
Invests in
cryptocurrency
1 / 5

PRODUCT VALUE

Sentiment Top 10 ETx Value in ETH
Past performance is not an indication of future results
Net of fees. Past performance is not an indication of future results.
  • Live
  • Backtested
Net of fees. Past performance is not an indication of future results
As of 26 May’ 19, in ETH
  1. The standard deviation of daily returns
  2. Highest loss from the peak to a trough within the same time period
Net of fees. Past performance is not an indication of future results.
    Description

    In the blockchain industry, lots of information about recent trends and new coins appear each day. It should be also taken into consideration that part of the information is promotional or even distorted. In this difficult environment, investors and novices inevitably encounter difficulties with cross-referencing sources and analyzing content to select reliable information and to weed out fake news.

    Daneel.io provides users with a daily snapshot of the market sentiment of the blockchain industry which enables investors to react intelligently and quickly to new trends and market movements. Utilizing sophisticated Big Data technologies Daneel.io collects more than 2 mln data points each day from blogs, announcements and social networks. Enhanced by IBM's Watson artificial intelligence, Daneel.io compiles all the collected information and assigns it a score based on the validity of the source, the velocity of the news. All that is possible thanks to the text mining.

    This proprietary designed system of robots and analytical mechanics allow obtaining a score which reflects the market sentiment about any cryptocurrency. The higher the score, the more reliable the data.

    Daneel.io, in partnership with Blackmoon, designed the Sentiment Top 10 Exchange Traded Index (ETx) which tracks the portfolio of ten coins with the highest sentiment score. This ETx allows investors to get exposure to the coins having the most confidence in the market.

    Strategy

    The Sentiment Top 10 ETx is based on the proprietary sentiment analysis designed by Daneel.io using the AI and Big Data technologies. This ETx provides a unique opportunity to get exposure to the 10 cryptocurrencies with the largest sentiment score. Cryptocurrencies listed in the final tradable list are weighted against one another based on their sentiment score. The portfolio is automatically rebalanced every week.

    Key Features
    No lock-up after issuance
    Regional restrictions apply

    Key strengths

    • Provides an opportunity to capitalize on the market sentiment
    • Proprietary designed analytical method
    • A.I. collects information from more than 500 sources
    • Analyzes more than 2 million data points daily
    • Executed automatically

    Key metrics

    • Asset class: Cryptocurrency
    • Reporting currency: ETH
    • Rebalanced: Every week
    • Service fee: 2.0%

    Management and team

    Joseph Bedminster
    CEO & Founder

    Harold Kinet
    Communications Director

    Fabien Ducoudray
    Business Director

    Nicolas Surleau
    CTO