The INDEX OF CRYPTOS (IC15) is a rule-based broad market index by market capitalization, that tracks the performance of widely traded liquid cryptocurrencies in the world. The index enables crypto enthusiasts, investors, and investment managers to monitor the performance of cryptocurrencies in the global markets.
|Coins ||Weightage ||Prices ||Net Change ||% Change ||Market cap ||Volume 24hr ||Total Supply ||Baserank Rating |
Circulating market capitalization of each cryptocurrency is calculated by multiplying the Price by the Circulating Supply of each Cryptocurrency.
The number of Index constituents shall be 15 Cryptocurrencies.
All Index constituent's weightage shall be determined based on their Market Capitalization.
The index value is calculated as follows:
Index Value is equal to the sum total of Circulating Market Capitalization of Index Basket divided with the Index Divisor and then multiplied it with the base value of 10,000.
On the base date, the divisor is calculated based on the circulating market capitalization of all the Index Constituents. The Index divisor is normalized during every rebalancing period by multiplying it with a normalization factor. The normalization factor is the ratio of sum total of circulating market capitalization of the new Index basket to the sum total of circulating market capitalization of the old Index basket.
The base value of the Index is set at 10,000 on the base date as 01, April 2018.
The change in the Index Constituents shall be announced five business days prior to the Reconstitution Date.
The Index value shall be based on the USDT.
The Index value shall be rounded to the nearest two decimal places.
The Index shall be publicly available on IC15 page of 3-verse.io, 3.0 verse android & iOS app and other platforms.
The Index Committee comprises of domain experts, industry practitioners, and academicians