Here is what our community gains from the Symbiotic Network
You ask — we answer. In our manifesto we showed you the bigger picture behind the Symbiotic Network, but there were a lot of questions left unanswered. This is our detailed explanation of the practical side of this initiative for our community.
Why do you need the Symbiotic Network?
The Symbiotic Network is an alliance of like-minded companies. There are no mentors or mentees — the Symbiotic Network unites people with very different competencies who help each other. Everybody has a unique set of skills and store of knowledge. We share these resources, building a stronger structure that helps us all to grow faster while making each individual company more sustainable.
Why should we, the community, care about this?
When reviewing candidates for the Symbiotic Network, we’re looking for the projects that will be the most sustainable in the long run. In that sense, we envision that the Symbiotic Network will validate Hybrid Intelligence as an effective asset management tool for venture investments, one of its key use cases.
Additionally, we can already access some resources that are useful for Cindicator’s own business development through partnerships: contacts, experience in different jurisdictions, market access, etc.
Are you investing in these projects?
We mainly invest our most valuable assets: our knowledge, our contacts, and access to the Hybrid Intelligence ecosystem. Thanks to our partnerships we also bring opportunities to those members of our community who are looking for interesting token sales.
Do these guys pay you?
No, Cindicator is not being paid anything. There are no application or membership fees for joining the Symbiotic Network.
Some members of the team might be paid when they join as advisors. But that’s their business. Giving an advisor position to someone from our team doesn’t open up membership in the Symbiotic Network.
Every company that is accepted into the Symbiotic Network has passed through a series of rigorous filters. First, our internal team reviews all applications and creates a longlist of interesting projects for potential collaboration. After that, we use Hybrid Intelligence to source insights into each project that passes the initial review. Meanwhile, our internal team of analysts completes detailed due diligence, gradually narrowing down to a shortlist. Hybrid Intelligence is utilised again to help with further in-depth research of shortlisted projects. Finally, the management team works closely with successful candidates to identify synergies.
Are you getting tokens? If not, what’s the point?
No, Cindicator is not paid in any way. We don’t take any tokens for acceptance into the Symbiotic Network. It’s a long-term game. By long-term, we mean long. Not just 3–6 months during the token sale. We add new participants when we see true potential for synergies.
Often these synergies are not very apparent for the outsiders. It might take years before some of them materialise. Let’s briefly look at each participant.
Svandis: this partnership has quite obvious potential. We share the same views on the future of digital assets. We’re both building analytical tools for the crypto market, but are tackling the problems from different angles. There will be plenty of opportunities for our analysts and token holders to get involved.
Potential benefits for Cindicator:
- Additional data for models;
- Additional information for analysts to increase accuracy of forecasts;
- Additional tools for traders to help with investment decisions, possibly via potential integrations with our own products.
Akropolis: we’re both working to improve the way capital is managed. We’re doing this through Hybrid Intelligence. As one of its aims, Akropolis is tackling the issue of inefficiencies, poor incentives and opacity in the pension fund industry — the major source of capital to the financial system.
Potential benefits for Cindicator:
- Access to blockchain-native institutional investors and fund managers.
SLP Network: it’s actually fairly straightforward — we share a common background and can help them move from a B2B model to a tokenized ecosystem with a strong community. They are also working on a crucial element of DLT infrastructure, creating a UX-friendly, B2B-safe and transparent platform.
Potential benefits for Cindicator:
- Validating our expertise in tokenization in a new industry.
Blue Frontiers: here we saw a unique opportunity for experiments in decision-making in physical, real-life environments. Seasteads and floating cities are an appropriate setting. It might seem far-fetched now, but the world is changing at a dizzying speed and we should be at the forefront of these experiments. We’re not the only ones who share this view. Peter Thiel was an early supporter of the Seasteading Institute from which the Blue Frontiers team hails.
Potential benefits for Cindicator:
- New data and data models for experiments with different use cases for Hybrid Intelligence.
So how does this help my CND?
Ok, as usual, no price speculation here.
Having said that, the benefits of strengthening the Cindicator brand and attracting the best minds into our network will further strengthen the Cindicator ecosystem.
How will this help the ecosystem?
We’ve described our detailed vision in the manifesto, outlining economic and strategic rationales.
Again, this is about the long-term impact. We see a trend towards partnerships that are focused on sharing knowledge, resources and contacts. This saves time and money for the entire tokenised ecosystem, helping everybody to grow faster. It’s also great for the whole digital asset industry, because right now it is increasingly difficult to find successful projects and filter out the weak ones.
So it’s not about what happens this quarter, or even this year. Let’s be patient.
Who’s working on this? Doesn’t it lead to a lack of focus?
Several members of the team are working with each participant. Those team members are directly involved in marketing, business development, and partnerships with Cindicator. Because we invite companies that are already aligned with us, we have a good understanding of different business processes and can identify actions that would be beneficial to several companies at once. By working together we actually strengthen our focus because we save time.
Of course, our development and data science teams are entirely focused on Hybrid Intelligence.
Why should I care about these projects?
We’re not saying that you should or shouldn’t care about these projects, It’s up to you.
Here is our thinking: these projects have passed through a very tough selection process. Our team has separated the wheat from the chaff, so the projects that have made it to the Symbiotic Network are run by some of the strongest teams out there. They have solid products, and they are often backed by institutional investors. By all means these are projects to pay attention to.
Of course, this is not direct investment advice. Please always do your own research.
Was this helpful? Do you have any other questions?
Let us know in the comments and will do our best to help.