THELOGICALINDIAN - Data accuracy evolves on both barter and activity sides
SIMETRI Research, an institutional-grade agenda asset appraisal artefact created by the analysis aggregation at Crypto Briefing, will be added to CoinMarketCap – the better crypto-focused website on the planet with over 78 actor angle per month.
Last month, Crypto Briefing became the aboriginal media accomplice to accompany CMC’s Data Accountability and Transparency Alliance (DATA) – an alignment committed to “(i) allotment our users to accomplish added abreast decisions and (ii) accouterment a agency for projects to differentiate themselves through added disclosures.”
On the barter side, the upgraded requirements for advertisement accept met with able industry abutment from above players including Binance, Huobi, and Bittrex. CoinMarketCap Chief Strategy Officer Carylyne Chan explained that over 70% of all exchanges voluntarily submitted adjustment book abstracts to abutment their aggregate claims.
“Crypto Briefing has congenital its acceptability for independence, and their ascribe will be invaluable for the capacity we are arrest with the DATA Alliance. We attending advanced to how the SIMETRI aggregation will accommodate recommendations apropos abstracts standardization, which will in about-face action activity teams advice for reporting,” explained Chan.
SIMETRI Research / CoinMarketCap
SIMETRI is the aftereffect of two years of analysis development at Crypto Briefing. “When we formed this company, our ambition was to accompany informed, actionable intelligence to the crypto investor,” explained CEO Han Kao.
“We congenital a media aggregation as able-bodied as a analysis aggregation because alike the best advice agency nothing… unless bodies apprehend it. For the aftermost two years we’ve been actual alive in the crypto community, so that by the time our analysis was tested, proven, and available, there would be a basin of bodies who knew that we never booty ads, never booty sponsored belief – and we can’t be bought off by crypto projects with abysmal pockets.”
“Trust is earned, not given,” he added.
SIMETRI will action readers not alone institutional-grade letters on above cryptocurrency projects, forth with an advance grade, but additionally a “Pick of the Month” – a abysmal dive into a badge that has near-term catalysts as able-bodied as axiological strengths.
Kao explains that a portfolio based on the SIMETRI framework has delivered amazing results, carrying ROI of 50% — while outperforming Bitcoin by 21% and the all-embracing bazaar by 35%.
As SIMETRI is anchored into the CoinMarketCap website over the abutting few weeks, Kao promises that there are added affiliation announcements to come. “Data accuracy is an industry-wide issue, and if we are anytime activity to see accumulation adoption, we charge standards.”
“The aggregate of SIMETRI and CoinMarketCap’s DATA action represents a absolute aisle for the acclimation of crypto data,” agreed Chan.
CMC additionally afresh fabricated its aboriginal acquisition, bringing on lath Hashtag Capital, which has developed a set of algorithms for “true price” involving liquidity.