# TOKEN2049 - Digital Assets Management: Keys to the Bearish Market - Yuri Lobyntsev (Cindicator)

- Channel: [TOKEN2049](https://streameth.org/token2049)
- Date: 2019-10-09
- Watch: https://streameth.org/watch/yt-lJE1cJu1gRs
- YouTube: https://www.youtube.com/watch?v=lJE1cJu1gRs

## Transcript

hello everybody my name is Siri I'm CTO and co-founder it's indicator syndicator is tokenized the caste system that is using hybrid intelligence for effective decision-making in asset management we develop our company for four years and our current products that are used in our ecosystem are used by traders so these are the predictive analytics and indicators that help them make investment decisions and our ecosystem consists mostly of financial specialists who are analyzing the market or making decisions or making investments so we have some overview on how traders behave and what are the types of strategies so I can say that we are living in the beer market and it's became problematic to be not only successful but even sustainable and I want to talk today about basic approaches of how to be sustainable here so what we have learned from our clients traders who are using our indicators there are two approaches one of them is the most I think the most right is the long-term vision and the approach of positive relation to the digital asset market and staying for the long term coming into the market on this low positions and waiting for the next massive bull run and another way is more comprehensive is when we look for the rare long-term bull runs and the river of souls so to catch those rare moments and we see three major aspects in approach for this type of management to catching these moments basic one proper portfolios which I choose definitely it becomes impossible to choose one or just a small set of most promising assets we see that sustainable traders they have in their portfolio more than 20 assets and the choice of this portfolios is pretty smart and and portfolios should be balanced there should be quite strict process of risk management of all of this assets must be a big number of constraints on the on the sizes of your positions on the sizes of your orders and sets and of course as it was mentioned here on this end it is important to compare yourself to the benchmarks and in our opinion the benchmark now the most while wide known indexes like coinbase indexes or who'll be indexes and if your strategies don't show on back-testing better results than this indexes then it means that it's better not to involve into active management active digital asset management much easier to take one of those indexes and stay still if you decide to involve into active digital asset management during this beer market it is more likely that you cannot do that manually you cannot do that effectively manually you can do that but more likely that you will keep losses and for doing that you start needing tools that help you run all these processes tools that require this active decisions implementations and active rebalancing of your portfolio and I I see that this rebalancing should be done not less than once a week so you have to rebalance about 20 or 30 or more assets on a weekly basis and this it comes very important to have very accurate execution of those decisions as the current market has low liquidity it is very hard to execute your orders on current markets so you should do that automatically splitting your orders and looking at an order book when to put the bid or ask and not move the market so all of those actions should be done on constant basis and this requires some kind of platform or algorithms or scripts so you can either write your own or use third-party tools but manually it becomes in my opinion impossible during during this period of time or that requires a big team of manual traders who are sitting in front of in front of exchanges on 24 hours and the third one is using the source of smart beta analytics to overview overview the market and here you have to use you cannot overview all the market by yourself and here you you should use the third parties and we are one of the providers of the qualitative analytics that is helping making these decisions we call it hybrid intelligence and we offer indicators that help make these decisions help enhance investment strategies that you can create and run by yourself I can tell a bit what is hybrid intelligence what we do for four years we have collective intelligence of 120,000 so financial analysts from all over the globe and they are analyzing the market both traditional global market and digital assets market they get questions on our platform about the behavior of different assets in future and they are incentivized to give right predictions so they get points get rewards and they get money for that and these people are analyzed in our system by statistical models they dynamically change the weights of trust to these people depending on their accuracy of their predictions so we have clusters of super forecasters those who have tendons in their mood to be pessimistic or optimistic so we put different Corrections on that and we call the symbiosis of machines and humans like hybrid intelligence and based on that we have indicators predictive analytics that is accessible to our token holders I can say that syndicator token is one of the most if not most used utility token like 30% of our tokens in circulation I used by clients and those clients are traders at this moment we have about 5000 traders who are using these indicators and for the last we started having this product in public a bit more than a year and during this year the accuracy of them is around 60% so they could be effectively used in strategies development in investment strategies development as one of the example our experimental strategy that we started since September based on those indicators is comparing two most well-known indexes on the market is a simple capital weighted strategy mm capital weighted strategy if you don't know is the when you have a set of assets in your portfolio and the proportion of each of them in portfolio is proportional to the market capitalization of that asset at this moment and it is doing rebalancing once a week and we it is similar approach to the indexes actually and we enhance it with with indicators with one of the types of indicators that we probe with it offer to our clients is the bearish or bullish indicator on assets we have daily type of this this indicator and we do not enhance or increase or decrease the position if there is a bearish indicator on the asset so they the results is pretty good in a way if you used it smart all right this is the graph that shows the performance starting from September with the base currency Bitcoin and the same was USD comparing to the same indexes so this is providing alpha compared to the indexes I invite you to become one of our analysts you can easily download application on iOS or Android also there is an application of on web and this can give you the overview of how these indicators I've been produced and what are the types of questions that we ask to 120 thousands of people and what types of indicators traders can receive if they want and to receive these indicators that are produced after the processing you have to be talking holder we have four levels of access you don't have to pay you have to stake our tokens so you can just try it this is it these are my contacts I'm free to communicate and I'm here I think I have we have questions we have time for questions if there are other any questions seems like oh yeah one question we have it but we see that there is no big demand at this moment but it could be used at this moment these indicators are distributed through the boat's telegram boat and the currently in development we have enhancement of of this product the web version with different graphs and in next version there will be there will be tools for automatic back testing and for our testing of strategies that are using these indicators still we have an API version but it's not demanded very small proportion in between five thousands they they we split them into two major groups professionals who are working in hedge funds but these are not institutional adjust our family offices or usual hedge funds that are starting moving their strategies to digital assets and individuals are that's it yeah that's it and I know institutional's this moment maybe there are maybe they are in stealth mode and this is one of the purchases this is it thank you