CBI (CypherBabel Index) CIC55 Index Indicates Further of Crypto Markets Downside To Come. However, DFI20 Shows Potential Recover in DeFi Industry Group.
New York, United States - October 21, 2022 /MarketersMEDIA/ —
CBI (CypherBabel Index), the "genesis block" of CypherBabel, launched five crypto assets indices on October 20th: CIC55, an index that depicts the overall market trend; DeFi index DFI20 and DFI10; Metaverse Index MVI10 and MVI5. CIC55 shows a decrease in the index level from 189 to 51 since Nov 2021, with a change of 73% percent. On the other hand, DFI20 lands at the index level of 170, with an increase of 70% since its base date.
What is CBI?
First of all, CBI is not an index. Instead, it is an organization that provides various crypto asset indices, index protocols, and index-construction tools for anyone in the crypto universe, newbies or oldies.
With the vision of ordering the disorder, CBI put enormous efforts into analyzing, comprehending, and classifying the crypto universe we are in today. We took a step further into foreseeing the evolution of the crypto universe and incorporated the insights into our products and services.
As a financial data service provider, CBI is the core and "genesis block" of CypherBabel. Besides official indices products, CBI offers a DApp for users to build their own crypto assets indices. Valuing the spirit of blockchain and Web3.0, CBI provides tools to give the power of creating financial products back to each participant in Web3.0. CBI encapsulates a set of complex index calculation methodologies so that the users only need to decide the constituents of their indices based on their understanding of the market. CBI expects an increasing number of professional users to participate in the CBI DAO to improve and diversify the index methodologies and tools and build more effective indices for all Web3.0 users. Investors in the CBI community pay attention to CBI indices and make investments accordingly. The best performance index will be favored the most in the community as a sign of the community's involvement.
CypherBabel launched the Crypto Industry Classification Standard (CICS) with the support of top analysts, traders, and financial professionals in the crypto universe. CICS is the taxonomy of the crypto universe building upon thorough research and analysis of the projects and technologies in this space. CICS is the foundation of CBI since it constructs all its indices with the insights of CICS. 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, identify investment opportunities in mature and emerging markets, and help investors to develop sector rotation strategies based on consistent classifications and definitions. Besides the often-mentioned benefits of having a standardized classification system, we value its role in presenting a clear and straightforward structure of the crypto universe to newcomers.
Why Do You Want CBI Indices?
With the indices provided by CBI and its community, your investment experience in the crypto universe may be improved in many ways.
(1) Understanding the crypto universe
Over the past decade, the crypto universe has become increasingly hard to understand. Like the S&P500 index, the CBI index containing a broad range of constituents, can reflect the crypto market's overall sentiment and value movements. It acts like a barometer and facilitates the users, especially newcomers, in understanding the crypto universe.
(2) Identifying appropriate investment opportunities
In the crypto universe, thousands of crypto assets (e.g., coins and tokens) are listed on hundreds of exchanges. Identifying appropriate assets to invest in is usually an agony for most people. It is hardly possible for you to differentiate between assets without a benchmark.
CBI indices represent the trend of the whole market or a specific sector or industry group. For example, the DFI20 is expected to depict the overall movement of assets in the DeFi industry group. Therefore, you can take it as the benchmark to identify appropriate investment of DeFi assets.
Before putting money into any crypto asset, you must assess whether it's a reasonable deal. By comparing with the underlying index, it is easy for you to decide the performance of a crypto asset. If the asset gives higher returns than the index, it is recognized as an outperformed asset; otherwise, an underperformed asset. The former is the one you put into your portfolio.
(3) Making passive investments
Passive investing is a long-term strategy that refers to investing in a portfolio of assets that mirror the indices. It can lower risk because you're investing in a combination of assets. Making passive investments reduces the cost of research for investors, which can be expensive in the crypto universe. The returns of the investment resemble that of the index. For example, if an investor's portfolio mirrors CBI's DFI20 index, his portfolio has already delivered a return of 70% since DFI20 has increased 70% since its inception.
In the future, CBI indices will adjust and upgrade according to the performance of the crypto assets to deliver accurate indications, bringing more transparency and fairness into investment opportunities in the crypto universe.
They may order the disorder.
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Organization: CypherBabel Co., Ltd.
Website: http://www.cypherbabel.com
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