Cindicator is a New York-based company creating artificial intelligence and predictive analysis platforms designed to enhance asset management operations. Find out how Cindicator works today in our review.
What Is Cindicator?
Cindicator, found online at Cindicator.com, is a platform that provides hybrid intelligence for asset management. Specifically, the company is creating trading robots and algorithms for hedge funds and institutional investors using unique technology with hybrid intelligence.
“The synergy of our AI trading robots and forecasts from the large pool of diverse analysts creates accurate signals and data points for stock exchange transactions,” explains the official website.
The company was founded in 2015. This past August, they raised $500,000 in seed funding. The Cindicator ICO is scheduled for September 12 to October 12.
You can download the Cindicator app for free for iOS or Android today. It features basic trading signals.
Cindicator isn’t exclusively designed for cryptocurrency market predictions. However, that’s certainly a key feature of the platform. In early testing, Cindicator was able to achieve returns on the USD/RUR exchange, oil futures trading, and other physical assets.
How Does Cindicator Work?
Cindicator harnesses crowd wisdom and artificial intelligence-based algorithms to facilitate smarter predictions in the world of cryptocurrency and other assets. Obviously, the value of these assets isn’t based exclusively on technical signals. Cindicator plans to create a more accurate asset prediction system by combining a large number of diverse financial analysts with machine-learning models into one single system.
That’s where the term “hybrid intelligence” comes from. Cindicator uses a “hybrid” of machine learning algorithms and diverse financial analysts.
Some of the key features and benefits of the Cindicator platform include:
- Technological and analytical infrastructure for managing capital safely and effectively
- Analysts can monetize their intellectual assets without risking their own funds
- Tools and data for making investment decisions under conditions of market uncertainty
- Actual analytics of the industry, expectations, opportunities, and market growth points
- Indexes and ratings of crypto-assets
The Cindicator Token Sale
The Cindicator token sale has a max hard funding cap of $15 million. The CDN token is an ERC20 compliant Ethereum token.
Approximately 75% of the total supply of CDN tokens will be distributed during the sale. 20% will be reserved for development by Cindicator. Approximately 3% are reserved for advisors and partners. 1% are for the bounty program, and 0.2% are for current forecasters.
Cindicator Achieved Annual Returns of 47% In Testing
Obviously, the internet is filled with machine learning algorithms and trading bots that promise enormous returns – but have little evidence backing it up.
However, Cindicator is different. The platform achieved returns of 47% in early testing.
In January 2017, Cindicator launched a public experiment with Moscow Exchange (MOEX), one of Europe’s largest exchanges and one of the ten largest exchange platforms for derivatives trading worldwide.
For this experiment, Cindicator completed trades based on the synergy of artificial intelligence and collective intelligence. The “collective intelligence” was gathered from a mix of people, including 60% of people with various levels of investment experience and 40% of people with no investment experience.
The Cindicator platform aggregated all of this data, received forecast information, and made trades based on that information.
The results were posted on the Cindicator Telegram channel on a daily basis before the market opened. Based on the forecasts, Cindicator’s robot modeled 57 trades, 36 of which were profitable, over the course of the experiment. The end result was a 3% return in one month, good for a 26% ROI per year.
“The result of this pilot proved the efficiency of the Hybrid Intelligence ecosystem even with a non-trained (on the computer learning models used by us) sample of forecasters”, explains the Cindicator whitepaper.
Who’s Behind Cindicator?
Cindicator is led by Mike Brusov (Co-Founder and CEO), Yuri Lobyntsev (Co-Founder and CTO), and Artem Baranov (Co-Founder and COO).
The company is based in New York, although it also appears to maintain offices (or at least corporation registrations) in Russia and Gibraltar.
The idea of using hybrid intelligence for asset management was first proposed in November 2014. Global public release of the first version of the intelligence platform occurred in December 2015. The company has also participated in several accelerator programs over the years. In November 2016, Cindicator became a member of Microsoft’s BizSpark. In March 2017, they were listed as a Top-1 startup at the Moscow Stock Exchange accelerator.
Cindicator is a hybrid intelligence trading platform that combines two powerful sources of analytics: crowd wisdom and technical analysis through machine learning algorithms. Together, these two sources of information can fuel enormous investment gains. In early testing on the Moscow Exchange, Cindicator earned returns of 3% per month, or about 26% ROI per year. In another test, returns beat 40% per year.
Cindicator’s ICO is taking place throughout September. You can learn more about the company by visiting them online today at Cindicator.com.