We believe that the use of The C50 Ecosystem will provide people and institutions with a simple, Understandable, comprehensive package of cryptocurrency financial tools. C50 Index LLC aims to be the most prominent financial intelligence company in the blockchain space.
Our vision is to provide essential intelligence with economic benchmarks and The Five Star Rating System that increases transparency which enables individuals and institutions, to make smart decisions with conviction.
The Solutions
The C50 Ecosystem has many uses but will primarily focus on bringing transparency towards the cryptocurrency blockchain space. It addresses the following critical problems faced by the Cryptocurrency space:
A. Exponential growth of cryptocurrencies
The C50 Index reduces the noise and provides a clear transparent way of accessing the cryptocurrency space.
B. Inability to rank Cryptocurrencies
The Five Star Rating system makes the process of ranking Cryptocurrencies relative to their peer in a concise, accessible way to C50 Index Members and the public.
C. Inability to classify cryptocurrencies
ICIN (International Cryptocurrency Identification Number) categorizes Cryptocurrencies into their appropriate group and subgroup.
D. Inability to appropriately assess the risk of Cryptocurrencies
The C50 Index LLC with a sleuth of risk metrics will be able to better inform members and the public of particular risk for groups and individual Cryptocurrencies.
C50 Index Criteria
Minimum of one-year since begin listed on an exchange
Yearly average market capitalization of $70 million USD.
Daily trade volume of $ 1 million.
50% of total supply publicly tradable
Not backed by fiat or commodities(ex. Tether) or other financial instruments
C50 Five Star Rating System
Minimum of one-year since begin listed on an exchange
Ratings quantitative in nature
Ratings calculated once a month
Ranked relative to peers
Without analyst’s opinions to sway the ratings
C50 USES
The C50 Ecosystem has many uses but will primarily focus on bringing transparency towards the cryptocurrency blockchain space.
The C50 Index reduces the noise and provides a clear transparent way of accessing the cryptocurrency space.
The Five Star Rating system makes the process of ranking Cryptocurrencies relative to their peer in a concise, accessible way to C50 Index Members and the public.
ICIN (International Cryptocurrency Identifi cation Number) categorizes Cryptocurrencies into their appropriate group and subgroup.
The C50 Index LLC with a sleuth of risk metrics will be able tobetter inform members and the public of particular risk for groups and individual Cryptocurrencies.
C50 Tokens
The C50 Index will use the Ethereum blockchain technology as its backbone. Our developers could have made a new chain. However, the security issues arising from forming a new blockchain would have hampered eff orts to get The C50 Index underway. A trusted blockchain such as Ethereum with established protocols would better allow for future expansion and scalability without compromising security. However, it is not outside the realm of possibility for our team to develop our own blockchain in the future.
Ticker symbol: C50
Token Background: C50 token is built on the Ethereum Blockchain
Token Event Date: 6/14/2019
Project Status: Five Star Rating Completed / The C50 Index Completed