Home Artists Posts Import Register
Join the new SimpleX Chat Group!

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

Files

Comments

Anonymous

Thank you for all you do for us!

Anonymous

Hey James unrelated questions have you looked at WULF yet as far as bitcoin miners go?

Anonymous

BTW - what's the X axis on that chart??

Anonymous

Where do we find the chart?

Anonymous

1000000% agree with cryptoblondje don’t ever release this motherfudger …… You are a legend Sir James … Bora Bora 🏝🍹

Anonymous

Definitely keep Compendium private and not public! Great work James and team

Anonymous

Pro Tip, If you dont want people to ask for it, stop mentioning it.

Anonymous

I think giving a basic Compendium list to the Patreon's quarterly would be nice. Then charge for the LIVE updated version.

Anonymous

Thanks for your work but I'm sticking exclusively with the trifecta.. BTC, ETH, and SOL. My paying for compendium would be superfluous.

Anonymous

James does this mean that instead of you looking into the compendium and telling us about the best tokens and changes to them, we must pay a fee to know about it?

Anonymous

Well, the toothpaste is out of the tube. There needs to be an offering to the patreon community in good faith that provides a reasonable level of insight, at no additional cost. Pay to be a member, then be shown "we have some great info" then place behind another pay wall, isn't great. Access to the model / interface in production opens a series of business / tech risk, including but not limited to allowing others to peddle data as their own Consider A simple low tech flexible delivery method with control, then iterate later. (better understand value to the audience and take on feedback) Generate a report, with frequency and level of detail based on the group level Public Annual report listing only random 4 of top 200 (same report for all, not random for each user), with limited metrics This would allow the public to be interested in where did these rank, what were the actual top 10, what info am i missing? etc. Look after the loyal community with additional detail / frequency Pateron - Altruist Qtr report, more detail ... Pateron - Capatalist Monthly report ... There needs to be some insight, particularly for loyal members, beyond that, Monetise Most options will be at conflict with the loyal base Simple methods - Donate - See value, donate crypto to these wallets - Addon - Pay x per month for additional access to your report - Sponsored Report More complex would involve smart contracts or spinning up a new vehicle, launch a token etc (there is utility). List is endless. On the whole community engagement is low and crypto users have value, thus it's worth keeping them onside while testing the waters. 2c, worth half as much HW

Anonymous

Seems like patreon members could see some compendium rankings without giving away how it’s calculated. Then if you wanted to provide said calculations “ as a service- that could be an option. It is your secret sauce , as you said

Anonymous

That's maybe a bit black & white...James is obviously kind enough to try to let the patron community benefit from his extensive work on the compendium score, but without it being "hijacked" and utilised for the wrong causes by the wrong people.

Anonymous

So the business plan of this "James guy" is that we pay patreon so that then we could pay again in his other site for the miracle tool, "Top 500 Cryptos" . The more I hear and read about him the more it reminds me of Bankman-Fried, the savior of crypto and small investors!!!

Anonymous

@Bruno no need to be nasty. Seriously.

Anonymous

@The DÜDE: You mention that we can see some compendium rankings without giving away the secret formula. Can you please share the link? I am lost on all this maze of Patreon, Discord and now .investanswers.io.....