FAQS about the IA Crypto Compendium (Patreon)
Content
Hey Team
Looks like a slide I used on Sunday's Q&A Video caused quite a stir. The slide (below) is a visual representation of where the top 500 tokens land on a matrix - the data having been pulled from what I call the Crypto Compendium. In summary, only 40 tokens score above a Compendium rating of 6 or above. That is 8%. Another way of looking at it, 92% of the top 500 are not well-structured or well-adopted projects.
The Crypto Compendium has taken me 2+ years and countless hours to conceptualize and build. The initial intention was to create a data-driven profiler for the top 300 cryptocurrencies, analyzing factors such as technology, scale, tokenomics, inflation, centralization, regulatory risk, insider holdings, unlocks, leadership, trust, tech, adoption, ranking, and so much more. This approach explained a major chunk of the price action for crypto when it was first built in early 2021. In short, it was built to guide me with answers to questions ie "Is Token X worth Investing in?" It could quickly tell me yes or no for the top 300 cryptos.
Now everybody wants a copy!
Here is my response to that:
- The future plan is to make it available to this community first through our website investanswers.io - say, you want to look up a specific token's score, you'd have the ability to do that
- Exposing the Crypto Compendium to the world removes the edge this community has over all other Crypto Investors
- The new version was expanded beyond the top 300 to the top 500 to try get in early on secret treasures
- The model is dynamic - as data changes eg inflation, adoption etc
- Projects can change, projects can change their tokenomics, projects can pivot to a new sector - hence the importance of making it dynamic with live data feeds
- The compendium took thousands of hours to assemble all the data points for over 26 months
- The compendium relies on double digits in API's some of which cost $1500 each - so there is a large up front cost of not only time but money
- The compendium has dedicated developers and will require support
- Due to the three points above, there will be a nominal fee to utilize
- The new version is not yet complete - the team is still working out kinks. A Patreon announcement will be made when it's ready.
NOTE: In the short run, a market is a voting machine, but in the long run, it is a weighing machine. While there may be short-term pumps and dumps (i.e., manipulation), over time, the market tends to act as a weighing machine. The tokens that score the best tend to do the best over time. The tokens that score the worst tend to have the most vocal cult followings and are pumped by influencers - both of which are red flags.
From a member that emphasizes the importance of the Compendium