Prediction and Market Discovery
Turning Degens into Alpha
Problem:
The perennial explosion of altcoins produces some winners and mostly losers.
The permissionless of Uniswap and other DEXs creates vast, rapidly evolving and noisy markets.
Early signals on the potential of token value are dominated by a small number of influencers with ulterior motives 4.
- 4
“Cryptocurrency Scam As Crypto Influencers Tweet About ….” 15 Jul. 2020, https://www.forbes.com/sites/rogerhuang/2020/07/15/likely-cryptocurrency-scam-as-crypto-exchanges-and-influencers-tweet-about-cryptoforhealth/. Accessed 26 Aug. 2020.
- 5
“DAOs, Democracy and Governance - Ralph Merkle.” 31 May. 2016, https://merkle.com/papers/DAOdemocracyDraft.pdf. Accessed 26 Aug. 2020.
- 6
“Augur Price Analysis- Project matures but user numbers still low.” 7 May. 2019, https://bravenewcoin.com/insights/augur-price-analysis-project-matures-but-user-numbers-still-low. Accessed 26 Aug. 2020.