Quant Integral Crypto Tech Index
Description
The QI Crypto Tech Index aims to track the present and future technological advancements in the cryptocurrency industry. This index consists of 7 crypto projects with the most promising use cases or developments, as rated by Quant Integral. In addition, 6 of the cryptocurrencies must be among the top 30 on coinmarketcap.com, and the seventh must serve as a hedge against blockchain technology. Each component of the index is weighted equally at the start; this decreases the risk in the event of a single project failing. If a new crypto project replaces one in the index, our QI Rebalancing algorithm will rebalance the components. It rebalances the components to the mean while favoring new components slightly. The QI Rebalancing algorithm was created to better represent monthly DCA (Dollar-Cost-Averaging), a common long-term investment strategy.
- Creation Date
- 2022-09-01
- Start Value
- 1000; equivalent of putting 1000$ into the index on Creation Date
- # of Projects
- 7
- Value Updates
- Once per day
- Rebalancing
- Once per month on the 1st and only if a new crypto project replaces another in the current index
- Rebalancing-method
- QI Rebalancing: Rebalancing to the mean while new crypto projects are favored slightly