Cindicator, a hybrid intelligence company, has launched a new cryptocurrency hedge fund called Cindicator Capital, which is based on quantitative research and hybrid intelligence.

A December 11th press release said that this new form of cryptocurrency would allow access to investment techniques based on quantitative research and hybrid intelligence, including data from decentralized analysts and forecasts.

Mike Brusov, Cindicator’s CEO and co-founder, believes that Cindicator has entered a new level of development and is making arrangements to start onboarding external capital from individuals with a large net-worth, established investors, VC funds, family offices, and funds in general. Machine intelligence, combined with a human’s collective mind, gives the company a sustainable, yet unique data foundation to seek alpha.

Analysts Will Be Rewarded for Accurate Forecasting through Crypto Fund

Cindicator invested a reported $500,000 into the fund. In the next couple of months, the company will increase this investment to $2.5 million dollars. Any profits the fund generates will be used as a reward to analysts who make accurate forecasts that are proportional to their knowledgeable efforts, along with indicators that measure the quality of their predictions.

In September, Cindicator’s intelligence team launched Edge, which is an app that can be used to track and receive 150 digital assets. The indicators on the app help people make informed decisions about their trades by estimating the likelihood of certain events across futures, stocks, and crypto assets. Edge currently targets Cindicator’s token holders.

Kyber Network listed Cindicator’s CND token back in August. Earlier this year, the token had been listed on Allbit, which is a subsidiary exchange of Upbit, a large cryptocurrency exchange in South Korea.

According to recent data, Cindicator’s CND token was ranked as the 164th largest cryptocurrency, with an $18 million dollar market cap during press time.