The team behind Cindicator calls it a collective intelligence platform. With the platform, users are able to contribute to next-generation predictive analytics. They share their vision of the market and receive rewards in return.
Cindicator was founded in 2015 and is a fintech company. The founders wanted to work toward a future that uses hybrid intelligence technology to solve challenges that have growing uncertainty. They chose to create a solution leveraging innovative technology to deliver previously unreached levels of insights and value in the new post-capitalist era.
The team at Cindicator includes those with expertise in data science, math, finance, and quant trading. The team members actively expand the scientific community in their ecosystem, business, and infrastructure to get more insights into solving relevant problems together.
How Does Cindicator Work?
- 1 How Does Cindicator Work?
- 2 How Do You Start Using Cindicator?
- 3 What Is Cindicator Bot?
- 4 What Is the Cryptometer?
- 5 What Are CND Tokens, and When Was the Token Sale?
- 6 How to Buy CND Tokens
- 7 What Should You Know about the Cindicator Ecosystem?
- 8 What Has Cindicator Already Achieved?
- 9 What Does the Cindicator Road Map Look Like?
- 10 Conclusion
- 11 Useful Links
With Cindicator, users answer questions daily and make their own forecasts on a range of financial instruments. Predictions include the price level of a range of popular assets, including cryptocurrencies, forex, futures, and stocks. Users also make predictions about major economic events and financial indexes that impact the market, including macroeconomic indicators, elections, and interest rates.
The Collective Intelligence Platform uses the predictions of users to generate trading signals, combined with artificial intelligence (AI). The platform also generates decision-supported indicators. Investment funds and traders use the average of all forecasters for each question, combined with the AI and machine learning (ML) algorithms to make trades. Following each period, the reward fund is divided up among forecasters. The division of this reward fund is proportional to each forecaster’s accuracy. In other words, delivering more accurate predictions leads to higher rewards.
How Do You Start Using Cindicator?
Using Cindicator is relatively easy to do. Making an account is completely free, and you can use the platform via its website or the iOS or Android application. Once you have an account, start making financial forecasts. At the end of each month and again at each quarter, you receive a financial award.
What Is Cindicator Bot?
Cindicator Bot 1.0 is the system working with predictive analytics, market indicators, and data powered via hybrid intelligence. It supports the analysis of both traditional and cryptocurrency financial markets. The bot includes data from thousands of different analysts, the work of dozens of different ML models, trading indicators for fiat and crypto assets, and accuracy that is forward- and back-tested.
What Is the Cryptometer?
Cryptometer 2.2 is a personal measurement for the cryptocurrency market that is designed to find time-limited market opportunities. It can deliver arbitrage opportunities in real-time with 10 cryptocurrency exchanges and eight crypto-fiat pairs. It includes asset price ranking for all the supported exchanges and price surges and drops for specific thresholds.
What Are CND Tokens, and When Was the Token Sale?
CND tokens are Cindicator utility tokens and the basis for ensuring a fair system for economic redistribution. They also allow for democratized access to predictive analytics of a highly accurate nature and the ability to create a governance system that lets all participants in the ecosystem be involved in strategic decision making.
Of the available CND tokens, 75 percent was allocated for the token sale contributors and further 20 percent for the company. The rest included 3.8 percent for partners and advisors, 1 percent for the reward program, and 0.2 percent for current forecasters.
The token sale ended in September 2017, reaching the hard cap of $15 million. There were 33,449 whitelist applicants with a total value of over $500 million. In the end, there were 4,057 token holders, all of whom are committed to the long-term success of Cindicator.
Of the Cindicator funds, 55 percent is allocated for development and operations. Then, 20 percent goes to the hybrid intelligence portfolio and 10 percent goes to marketing and business development. Finally, the reserve reward fund, legal, and acquisitions each receive 5 percent.
How to Buy CND Tokens
You are not able to purchase CND with “Fiat” currency so you will need to first purchase another currency – the easiest to buy are Bitcoin or Ethereum which you can do at Coinbase using a bank transfer or debit / credit card purchase and then trade that for CND at an exchange which lists the token.
Make sure you use our link to signup you will be credited with $10 in free bitcoin when you make your first purchase of $100.
Once you have purchased Ethereum, you can trade for CTXC tokens at the following exchanges:
What Should You Know about the Cindicator Ecosystem?
The Cindicator team and CND token holders make smart decisions by combining the collective mind of all the thousands of participating financial analysts in the community with ML and AI models. The analysts receive short-term incentives for their work via financial rewards earned for the correct forecasts. In the long term, they receive emotional and educational rewards for their active participation in this hybrid intelligence development.
What Has Cindicator Already Achieved?
The idea of hybrid intelligence arrived in November 2014, and the collective intelligence platform’s 1.0 version was released on iOS publicly and globally in December 2015. June 2016 saw the successful acceleration of the program in New York, raising $300,000 in the pre-seed venture round. In August, the team began forward-testing as well as trading. November saw a $120,000 grant via membership at Microsoft BizSpark. In December of that year, the team tested integrations with a total of 14 hedge funds and released the 1.0 version of the trading signals API.
In March 2017, Cindicator had a successful public pilot experience with MOEX and received honors at the Moscow Stock Exchange Accelerator. The token sale took place in September. In December, Cindicator had its “Big Bang Launch,” which included the web version, the app version 2.0, the Cindicator bot, the Cryptometer, and the reward system.
What Does the Cindicator Road Map Look Like?
In Q1 and Q2 2018, the first payout for forecasters is taking place from dynamic motivational pools, and the trading robots are being used. In 2019, Cindicator will add the technological infrastructure for investment funds and crypto ETFs, as well as the secure infrastructure. Cindicator is also working on the Symbiotic Network, its long-term investment in intelligent ecosystems.
Cindicator gives those interested in the financial markets the ability to earn money by making accurate predictions. The platform has users make daily predictions by responding to questions and then averages those out, adding in ML and AI influences. Based on that information, the trading bots complete trades. Then, at regular intervals, the reward funds are divided based on prediction accuracy. Essentially, Cindicator lets those with strong market prediction skills earn rewards without having to invest a significant amount of money, and also enhances hybrid intelligence systems, which can serve other applications in the future.