Hello guys!
For my first post of 2021 I want to present you a project that I have been testing for over a year now. I'm doing this because I haven't seen any post related to the Cindicator project on LeoFinance so far, and I think it's an interesting project which is worth presenting.
Disclaimer: There is no referral program related to this project, the information that I'm sharing with you really reflect my sentiments.
- What is Cindicator?
- What is CND?
- Earn CND monthly with the Cindicator app
- Final thoughts
- Sources
What is Cindicator?
Cindicator creates the social and technological infrastructure needed to make effective decisions under the volatile conditions of the new economy.
By combining a large number of diverse financial analysts and a set of machine learning models into a single system, we are developing a Hybrid Intelligence infrastructure for the efficient management of investors' capital in traditional financial and crypto-markets. [1]
This is from the Whitepaper, you can take a look at it but what is discussed in this post is one benefit of the project:
An opportunity for analysts to monetize their intellectual assets without risking their own funds. [1]
Indeed, the project aims to reward users that are correctly providing forecasts, with their own token: CND. Why are they doing that? Because it provides them with Human Intelligence DATA that they combine with Machine Intelligence which results in Hybrid Intelligence that they use for different products to help traders. Thus, it is a win-win scheme.
What is CND?
Before we jump into how you can participate in answering questions to earn CND, it's great to understand what it is.
CND is an ERC-20 token that is officially listed on the Binance, Allbit, Bifinex, Bittrex and Ethfinex exchanges.
Users holding CND tokens can get an access to our products: CindicatorBot and Cryptometer. The amount of information you receive from the CindicatorBot and Cryptometer depends on the number of tokens you are holding in your ERC-20 wallet. To use Token Sale Review you need to spend a certain amount of CND according to the access levels. [2]
And here you can have a look at the current state (1/1/2021) of the token:
Earn CND monthly with the Cindicator app
The Cindicator app (or Collective Intelligence Platform), is the interface used to communicate questions to analysts so that they can make a forecast. But when I say analysts, it can basically be you as there is no requirement to join, and I'll guide you on how to get started.
With Cindicator you can:
- Win money from your intellectual work.
Make financial market forecast, bitcoin price and crypto market forecasts on a regular basis, and do it more accurately than others.- Enhance your analytical and trading skills.
You will receive constant feedback about the accuracy of your financial market forecasts, allowing you to test different online trading ideas and improve your understanding of finance, bitcoin, and stock charts. [3]
How does it work?
source
Examples of questions [4]
a crypto question
a traditionnal question
a sentiment question (it's basically weekly free points)
How to get started
You can either go to https://app.cindicator.com/ and sign up or download the mobile app "Cindicator" and sign up. Done. Well you still need to provide an Ethereum Wallet address (which supports ERC-20) under "profile". Then you can start making forecasts and you will be paid at the end of each months depending on your accuracy! Have fun!
Final Thoughts
To conclude, this is a project that I really like because I was able to enter the world of analyzing charts, and I definitely learned a lot from it: I'm sure that it played a role in increasing my confidence in cryptos. I'm not at all familiar with the products that the team provides, because I'm a minnow and don't really need them, but it sounds very interesting and some of you might want to take a look there!
I hope I sparkled some curiosity and that I was able to teach you something today.
Sources
- https://cdn.cindicator.com/c338a33c-b654-4273-8dc8-a147c1d05f2d/-/inline/yes/Cindicator_WhitePaper_en.pdf
- https://support.cindicator.com/en/articles/2980915-what-is-cnd
- https://play.google.com/store/apps/details?id=com.cindicator&hl=en&gl=US
- https://app.cindicator.com/
- https://cindicator.com/platform