ICONOMI — Which DAAs to choose to maximise diversification if already holding BLX Optidrome Follow Oct 4, 2017 · 2 min read

Today Iconomi has released the first Digital Assets Arrays (DAAs). Until today the only DAA which users could buy was Blockchain Index (BLX). From today it is possible to buy into 12 new DAAs.

In this article we are not going to comment on the choices or the strategy of each DAA. We are instead going to analyse how the new DAAs differ from Blockchain Index (BLX). The idea is that an investor already holding into BLX might want to invest in a DAA that is as different as possible from BLX, in order to diversify the investment.

The picture blow shows which cryptocurrency each DAA holds. All the DAAs hold Bitcoin and almost all of them hold Etherum, Aragon and Waves.

In order to evaluate the difference with BLX we define two score: