Thanks @diaryofamademan for taking the time to have an AMA session with us today. Although Ian needs no introduction :) but before I start with the questions from Twitter and open up for Telegram audience questions. @diaryofamademan if you could please introduce yourself
Yes, sure. I'm Ian Balina, founder and CEO of Token Metrics. I'm a blockchain investor and entrepreneur that enjoys working with data. Prior to crypto I worked as an Open Source Analytics and IBM Watson Analytics Evangelist at IBM.
That's great to know Ian. Everyone - who subscribes to my channel would already know that I attended Ian's world tour Event in London It was great to see you there
Let's talk about the Token Metrics platform. I personally am using it and have been fairly impressed with comprehensive level of analysis and insights that the platform provides for each coin
Great. Token Metrics is an online crypto investment research platform that brings together professional analysts, analytics, and machine learning to help crypto investors find winning investments and trades.
One of the stats very few people mention is that only 35% of traders make money. With our platform over 50% of our audience makes money using our research.
Our platform provides crypto ratings, rankings, and price predictions based on a combination of our analysts perspective and machine learning. All scores are regularly back tested for finding the optimum analysis.
And this weekend we are launching Token Metrics Indices, which are model portfolios based on our ratings. This has been one of the most requested features from our customers. Simplifying investing or trading by building sample port
Here is an example of one of the upcoming indices
Q1. What is the average of positive signals from token metrics, and which features make it better and different than any similar signals program?
Great question. Last month, we had 12 indices (indexes) in testing. All except for one outperformed bitcoin. The averagen index performance was about 75% ROI over a span of 2-3 months. With our best performing index being the Monthly Price Prediction index which delivered 351% returns.
There is no similar program that we have come across that brings together over 100 cryptocurrency investment research, professional analysts, analytics, and machine learning. Some products have each but none has all of these factors.
Q2. How Real-Time Automated Technical Analysis is done by token metrics platform? Which are tools are used for this? How accurate are they?
We look at 22 technical indicators and candle stick patterns. Essentially the same indicators traders would look for except we automate it so you don't have to be a trading expert to know when a cryptocurrency has changed from a bullish to a bearish trend and vice versa. They are fairly accurate. Our models correctly called to buy bitcoin when it dropped below $4k during pandemic crash and called to sell at $10k a few days before the halving. Lots of people made money on that trade.
Here's an example of the automated technical analysis indicators
Please explain the dynamics behind the platform. How does it do what it does :) It would be great to learn about any behind the scenes data crunching stats
Q3. Is there any difference between Metric Solidity++ and Ethereum’s Solidity?
Hello, we do not have a solidity metric. We individually review each cryptocurrency based on a framework of fundamentals, technology, and technical analysis. For technology, we look at about 18 factors, including code quality, innovation, Github activity, developer history, and more.
Q4. With the emergence of many blockchain projects, especially payment projects with the latest technology, scalability, efficiency, even without transaction fees. Does your project feel the pressure from this on the race of global payment solutions?
Great question. We're an investment research platform rather than a blockchain project. Other projects just give you data and analytics. We run over 30 million machine learning models a day on our ratings always looking to improve them. We never settle.
Currently, there are many projects under development, so why should we choose your project and not others? What are the advantages of your project over other projects?
Q5. Token Metrics has been great, but as an investor, we're always concerned about the loss of hackers. So Token Metrics has any mode to help users like me more secure?
We're only a research platform at the moment. We don't store or manage any user funds. We are also working on a crypto security guide for crypto users. As someone who has been hacked and had crypto stolen, this is a matter I take very seriously.
Q6. Can you briefly explain how the Top milestones that the Token Metrics team aims to execute before the end of this year or going to execute in future, will help you succeed and What you may look like in 2020 and beyond?
Sure. One of the top milestone has been our Indices which we are launching soon. We also have our road map publicly available here with what tasks voted on by our community we're working on or plan to work on.
https://feedback.tokenmetrics.com/roadmaps
Q7. What is your strongest advantage that you think will make your team leading the market? In contrast, what is your weakness? How do you plan to overcome it?
We deeply understand our customers, their pain points, and goals. My ICO analytics spreadsheet had over a million unique visitors a month back in 2018. That proved the need for this type of investment research. We're now taking it to a different level with the professional analysts and machine learning. Our weakness is we're new and currently self-funded. We plan to overcome it by focusing on community and influencer outreach and support. We have over 1,000 affiliates already that have signed up to partner with us.
Q8. Could you please shed more light on security side of Token Metrics ecosystem? How secure is the Token Metrics's structure? What measures have been taken?
Token Metrics is very secure. We have security tests done regularly. And our development team is lead by former Goldman Sachs IT Director.
Q9. You organized an AMA session very rewarding and received a lot of questions related to utilities and technology, future vision etc. So now I want to ask what do you want to receive from the community?
Sign up at TokenMetrics.com and also join our affiliate program here. We pay out 40% commissions for 12 months.
https://partners.tokenmetrics.com
Q10. Can you tell us the motivation and benefits for investors to hold the #Token Metrics for long term?
In my opinion we're very undervalued and the company is growing very fast. We're going to transform crypto investing and take crypto mainstream.
Q11. What are your motivations to share your analysis and knowledge? What are your recommendations for new trading bloggers? When you started trading did you start in crypto? What are your thoughts about forex and commodities? Do you recommend beginners to start with crypto, and why?
We want to help people achieve financial freedom and economic empowerment.
We recommend new traders to learn as much as they can about trading. We provide free daily videos on trading and investing in crypto on our YouTube channel here.
https://youtube.com/tokenmetrics
I originally started trading in equities first. I recommend equities, but some can manage crypto trading at first.
Q12. How do you evaluate the support from community? What is your strategy to marketing and for Mass Adoption? What message do you want to send to community through AMA today
We evaluate community support by the size of the community and excitement it creates. I would like invite people to join our Telegram community here. @tokenmetricsdiscussion
Q13. Token Metrics please give 1 to 3 highlights to knock opponents and persuade users? What are the future plans for Token Metrics to be No. 1 in the world?
Sure.
1 - Daily Crypto Ratings and Rankings
Find Profitable Investments With Ease
The industry's most thoroughly tested cryptocurrency ratings and reviews.
More than 20 million AI models are tested every day using over 74 data points including fundamental analysis, technical analysis, and code reviews.
2 - Real-Time Automated Technical Analysis
Master TA without Being an Expert
Real-time technical analysis indicators and signals for more than 100 cryptocurrencies, stating which cryptos are bullish and bearish, based on historical movements in the token price.
3 - 30-Day Crypto Price Predictions
Predict Trends With Confidence
Back-tested 30-day price predictions for more than 100 cryptocurrencies powered by deep machine learning.
Custom created models for each cryptocurrency giving unique insights into each cryptocurrency's price action movements.
Future plans are to build a Robo-Adviser for crypto based on our crypto ratings and rankings.
Q14. What critical problems do you see occurring in the blockchain industry nowadays? What's your aim to solve these problems & how will you solve? For example,
Trust is very important in business, what makes investors, customers and users feel safe when working with you?
What difficulties have you encountered during your development process? How many products have been built on your platform? Can you say some highlights from them?
Yes trust is key. We are very transparent and are very public. This is one of our strengths. Scaling to keep up with user demand is one of our biggest challenges. We doubled our audience in May.
Q15. What difficulties have been encountered during the development of #Token Metrics?
Working with crypto data and trying to find patterns using machine learning is no easy task.
Q16. What critical problems do you see occurring in the blockchain industry nowadays? How does Metric solve these problems?
Providing investment research to retail investors and mitigating the risks of investing in crypto.
Q17. What are the biggest obstacles to your project when you implement it to the real world, and what is your plan on overcome these problems ?
Going global with regulators when we launch our robo-advisors
Q18. What strategies does the Metrics team have for governments and multinational organisations to agree and use your platform?
We will cater to institutional investors as well down the road.
Q19. How your team attract new user toward your project? Can you highlight some point that attract new users who are unknown about your project?
Through a grass roots community outreach effort.
Q20. Does the Metrics team have a training and guidance system for newcomers to cryptocurrency? How do you attract and reach them?
Yes, our YouTube channel and also help section at help.tokenmetrics.com.
We are all looking for the next 100x. You have found a couple in the past.. any tips for us? :)
Haha thank you. We have some projects we are bullish on. I am currently mining Helium, a project I personally think has great potential. Not financial advice. 😅