White Paper_version 1.2.15
Dear friends and partners of Cindicator,
Before our Token Sale starts, we would like you to note that we have published our final version of the White Paper (ver. 1.2.15).
- In the document we marked our decision about the Token Sale process: our Token Sale will not be conducted in a traditional crowdsale format; instead it will be hold in a form of White List Token Sale. Tokens will be sold during a number of subsequent tiers, participants of which will be selected in advance.
People who were not selected into the White List won’t be able to buy our tokens during the Token Sale, since their ETH addresses are not added to our Smart Contract.
For more information about our token sale — please check these two articles:
https://cindicator.com/vision-of-white-list
https://cindicator.com/token-sale-process
2. We have added paragraphs 5.4 and 5.5 to the White Paper. In those paragraphs we present detailed math rationale for our already developed and tested models. We also show correlations between Hybrid Intelligence forecasts and real market behavior.
3. In paragraphs 4.4 and 4.5 we explained in details the process of creation of the dynamic motivational pools for rewards to forecasters and other contributors. There are two pools:
- ETH-BTC pool which will be supplemented by positive performance of our trading portfolio, which will be used for validating our technologies and which is necessary for the practical part of our R&D works.
- CND pool which will be supplemented by the sales of the products and solutions for traders, analysts and funds — our tokens are necessary to acquire them.
This makes it possible for us to effectively motivate forecasters on the platform. We also hedge the risk that reward will be insufficient during time period when our portfolio doesn’t show positive performance or when sales of our products are low.
This will also eliminate a potential risk of the regulators or exchanges considering our infrastructure token to resemble securities. Despite the fact that both law firms we are working with provide very clear statement that CND token is utility token, this decision additionally increase our chances of getting into the US market in the near future, which provides great benefits to the whole Cindicator ecosystem.
Best wishes,
Your Cindicators.
