The goal of the partnership is to create investable ETx’s that tracks the performance of the sentiment Indexes that Daneel will be rolling out.

After our meeting with Blackmoon at the Blockchain Summit in Malta, discussions continued around a close collaboration. And we have come to conclusion. First Exchange Traded Index (ETx) is just around the corner! The market sentiment ETx is a financial product allowing traders and speculators to bet on the top 10 cryptocurrencies with the highest confidence score in the market. This top 10 is updated weekly to keep up with market trends.

As we regularly remind you, Cryptocurrency market is highly ‘mood-driven’. That’s why investors are in constant search for a tool that can distil the qualitative part of the information into easy-to-digest insight. Daneel provides a snapshot of market sentiment through a complex system of tracking robots, that collect and analyze data generated daily on social networks, media and forums and turn them into an understandable insight. More than 2 million data points are analyzed daily and sorted into 3 categories: neutral, positive and negative. The correlation of the 3 makes it possible to obtain a market sentiment score.

Coming back to our ETx, the index will be generated according to the currencies with top 10 sentiment score and it will be rebalanced every week. This will allow speculators to bet on the currencies which are the best based on the sentiment analysis.

“As soon as we met in Malta Blockchain Summit, we were directly aligned with market expectations and collaboration was the next logical step. We are eager to see how investors will react to this new kind of indices, possible only thanks to the AI.” said Harold Kinet, Head of Communication at Daneel.

Daneel’s top10 currencies market sentiment score

Blackmoon: the first operational blockchain investment platform

Blackmoon addresses the liquidity problem in the market by offering fungible financial products. Indeed, even though Blockchain technology may be a better alternative to raise capital from investors, price discovery and trading liquidity require the inclusion of speculators. The ETx, that Blackmoon issues on behalf of its partners’ brands, incentivize traders and speculators to take the risk in the market by offering them a fungible financial product to arbitrage for profit — further adding bids and offers to an STO that would otherwise not exist — effectively creating a balanced and stable price.

Blackmoon aims to create and maintain the world’s best framework for tokenized investment vehicles which delivers investment opportunities in both the real world and the blockchain universe. Blackmoon Platform brings blockchain flexibility to fiat instruments and the benefits of accumulated financial wisdom to the crypto investments.

“Blackmoon and Daneel share a vision. That’s why we are pleased to have discovered such an incredible organization to associate with. We are eager to release the Daneel ETx products as soon as possible to offer this amazing investment opportunity to eligible investors globally,” said Moshe Joshua, Chief Product Officer at Blackmoon

This is a partnership of choice. In fact, Blackmoon is not only the first operational blockchain investment platform and the first company to issue a token related to an initial public offering (IPO of Xiaomi), it is the first company to launch ETx linked to the performance of the most-traded coins on Binance!

Main articles about our partnership in the media:

Crowdfundinsider

Picante.today

BusinessMalta