The post CryptoIndex to Launch INDX Token Presale Ahead of Its Main Platform Debut appeared on BitcoinEthereumNews.com.

CryptoIndex, a new decentralized protocol that allows users to create, buy, and sell indexes for a more intuitive crypto investing experience, has recently announced its upcoming INDX token presale.  The presale stage precedes the official launch of CryptoIndex and gives early-bird investors a chance to buy INDX tokens at discounted rates. INDX is the platform’s native cryptocurrency that unlocks access to all activities and rewards within the CryptoIndex ecosystem. With its main development phase nearing completion, CryptoIndex is set to open up the crypto market to a broader audience. The platform caters to the personal needs of all its target user groups – crypto enthusiasts, institutional investors, and influencers – through the introduction of crypto indexes. These specialized indexes allow for the tracking and assessment of a particular basket of crypto assets like top DeFi, GameFi, RWA, and meme tokens.  By aggregating multiple assets into a single, versatile instrument, crypto indexes empower their holders to earn passive income by capturing overall market performance, obviating the need for constant market analysis or rebalancing. Moreover, these indexes save time on portfolio construction and simplify portfolio diversification, thereby mitigating volatility and offering the potential for superior long-term returns compared to more active, transaction-heavy investment strategies. Using CryptoIndex, industry experts will be able to develop proprietary investment strategies and disseminate them through indexes, thus monetizing their growing communities. The platform will grant access to over 30,000 coins available on DEXs and will provide extensive customization options for index creation. Meanwhile, retail investors, whether crypto veterans or newcomers, will be able to choose from over 5,000 pre-constructed indexes tailored to specific investment goals and risk tolerances. With its hold-to-earn model at the core, CryptoIndex will allow index holders to earn a portion of the transaction fees generated within the index while benefiting from index appreciation…

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Filed under: News - @ September 18, 2024 11:20 pm