What is CrowdIF
CrowdIF is a path-breaking, first-of-its-kind cryptocurrency trading platfrom which is capable of harnessing the power of the Collective Intelligence of the Crowd and includes it in a major way in its crypto-trading strategy. CrowdIF is the only crypto trading platform which is capable of objectively gathering something as abstract as market sentiment and quantify it. We call this quantified market sentiment - The SentimentScore. This is our secret rocket fuel.
As is widely known, market sentiment plays a vital role in defining the direction of crypto market movements. Capitalizing upon SentimentScore gives CrowdIF a superpower and allows it to consistently outperform market with better results than using the conventional techniques.
The CrowdIF Process
The Collective Intelligence of Crowd is harnessed by following a four step process
High Quality Data Aggregation
The system aggreates huge amounts of realtime data from all across the internet using advanced crawling and scraping algorithms. We also seek help from our users in our data aggregation efforts. The users who contribute to this process are rewarded with CIFcoins
Realtime Sentiment Analysis
We use some sophisticated cutting-edge techniques like Natural Language Processing with advanced mathematical modeling to perform realtime sentiment analysis on what’s HOT and what’s NOT. This analysis gives us our proprietary “Sentiment Score” which is our secret rocket fuel.
Accurate Price Predictions
The sentiment analysis results are combined with all other market signals to make price movement predictions with unprecedented accuracy.
Insight based Trading
Our smart trading algorithms use the insights generated above to trade 24x7 across multiple cryptocurrency markets around the globe.
About The Project
Every once in a while, an extraordinary idea is born. Something that’s completely new, something that’s truly unique.
For such ideas to flourish, what’s required is a fresh perspective; a new way of looking at things. In business terms, this is what is called disruptive innovation. CrowdIF is a fine example of this very disruptive innovation.
We took up a simple question, but one with a very explosive potential : How to maximize trading profitability in cryptocurrency markets.
Given how high-value this question is, a lot of smart people and companies across the world are trying to solve this challenge. The key difference, however is that instead of looking at the existing approaches, we decided to answer this question in a completely new way.
Instead of asking ‘HOW to trade better?’ like everyone else, we decided to perform some Root Cause Analysis by asking ‘WHAT decided the crypto price movements’. This question took us on an amazing journey full of new ideas and insights, the result of which is CrowdIF.
Differences between Stock Market Trading and Crypto Trading
One big mistake a lot of traders and trading companies make is using the same strategy as they use in stock markets and applying exactly the same strategy to cryptocurrency trading. Using the same old tricks over and over again to solve new problems doesn’t work well.
Cryptocurrency markets are fundamentally different from the stock markets for various reasons.
Stake ownership in Stock Markets vs. Token Ownership in Crypto Markets Much higher volatility of Crypto markets = Higher Profit Potential but requires faster trades Diffrences in terms of asset supply and trade fluidity
Due to these inherent differences, the trading strategy that works well for stock markets doesn’t work for cryptocurrency markets. In fact, a lot of times, trying to use the same strategy backfires badly.
This is where there was a need for a fresh perspective.
The Science Behind CrowdIF
Upon careful observation of the cryptocurrency markets and price movements, it becomes amply clear that unlike stock market, investor sentiment plays a very big role in deciding the direction of the price movement for any cryptocurrency.
A company’s stock value is directly linked to the company’s overall valuation, which in turn is a function of company fundamentals and the company’s performance & products. For cryptocurrencies however, it’s important to understand that the price of a particular coin is not directly linked to the valuation of the company behind it.
Whereas stock markets rely more on company’s performance, the crypto market is driven primarily by public sentiment.
Therefore, we decided to tap into the very foundation of cryptocurrency price movement - Market Sentiment.
At CrowdIF, we collect huge amounts of cryptocurrency related data from all possible sources all across the internet.
As the next step, we implement some highly sophisticated techniques and software algorithms to perform Big Data Analytics on the collected data to discover insights pertaining to the price movement of various cryptocurrencies.
On the basis of these distilled insights, we perform trades on a variety cryptocurrency exchanges across the globe to derive the highest possible profits.
Here are some other details about the CIF ICO:
Total tokens available for ICO = 16.6 million (40% of the total supply)
ICO Round 1
Token Price: 0.80$ - 1.25$
Tokens available for sale: 1,600,000
ICO Round 2
Token Price: 1.26$ - 1.50$
Tokens available for sale: 5,000,000
ICO Round 3
Token Price: 1.51$-2.00$
Tokens available for sale: 10,000,000
Minimum purchase = 70$
Soft Cap = $4,500,000
Hard Cap = $26,015,000
For sale during ICO period - 40%
Company reserve - 15%
Bounty Programs - 6%
ESOPs - 4%
Planned slow emission over the next 10 years - 35%
The funds raised during the ICO will be allocated to the following purposes:
Core SentimentScore Algorithm Development: 34%
Advertising and Marketing: 28%
Data Aggregation Technology Development: 14%
Technology Infrastructure (Clusters, Servers etc.): 12%
Other Payroll: 2%