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Market Sentiment Protocol - uploads-ssl.webflow.com

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Crowd wisdom & AI Copyright © Finnet 2 021, Inc. All rights reser ved. LIGHT PAPER Rating the market together. Redefining value. Market Sentiment Protocol Blockchain & Social Network powered by
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Page 1: Market Sentiment Protocol - uploads-ssl.webflow.com

Crowd wisdom & AI

Copyright © Finnet 2 021, Inc. All rights reserved.

LIGHT PAPER

Rating the market together.

Redefining value.

Market Sentiment Protocol

Blockchain & Social Networkpowered by

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Abstract

Finnet is a Social financial network where beginners, professional traders and analysts rate assets with the help of fundamental and technical analysis according to their investment attractiveness, share price forecasts, build portfolios and professional networks.

Finnet provides collective multi-criteria rate and analysis for startups, blockchain startups, existing projects, DeFi and different assets. The platform collects prospective financial market assessments, allows portfolio management and forecasts of independent analysts, traders, investment funds, hedge funds, private investors and scientists.

Finnet is a whole ecosystem platform, connecting the users’ collective mind knowledge to the developing technologies, in order to help making better effective decisions and obtain valuable, maximally objective information about people's expectations, due to the high uncertainty of the crypto-currency market and the new digital economy.

Finnet supports the development of the community and rewards social activity, thanks to a fair, sophisticated system, which objectively reflects the contribution of each participant. The actual section of the public opinion is stored in the blockchain, thereby ensuring the openness and invariability of the results obtained.

Copyright © Finnet 2021, Inc. All rights reserved.

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The objective contribution of each user will not only benefit the society but will also allow accumulating and systematizing the data obtained for future academic researches..

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Our global mission is to ensure the existence of a single ecosystem, where independent analysts, traders, private investors, investment funds and other crypto-institutions could trade, exchange their opinions, receive information, discuss and propose strategies and forecasts.

We wish to create a significant environment for the development and the exchange of information, between professionals and newcomers, in the world of digital economy. Our aim is to provide an opportunity for each user to make an intellectual contribution to the formation and development of tools, for rating, forecasting and assessing the market of crypto-currencies.

Each participant in the platform will be rewarded for contributing the collective rate, forecasting and managing its portfolio.

The platform will be a valuable source of information, not only to the community, but also for investors and investment funds. The objective and useful contribution of each user will not only benefit the society, but will also allow accumulating and systematizing the data obtained for future academic research.

We believe that "objectivity" can be achieved by averaging the collective estimate, thereby separating "subjectivity" and a prejudiced attitude from the individual.

Copyright © Finnet 2021, Inc. All rights reserved.

OUR MISSION: WHY WE CREATE FINNET

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PLATFORM DESCRIPTION

The Finnet platform:

ForecastFinnet provides a timely and representative view of market expectations. The platform provides the ability to predict track trends, assets’ and tokens’ movements and conduct industry analysis within cryptoeconomics. It also enables forecasting on existing crypto-currency indices, and, moreover, allows its users to build their own indices.

Portfolio Finnet allows users to build and share their active/pas-sive investment portfolios. This unique feature enables the formation of a pool of experts in the market. Mem-bers of the platform will gain their rewards according to the success of their trading strategies and portfolio returns. Portfolio builders will have the opportunity to expose their trading strategies and publish their cryp-to-currency portfolios, to gain rewards and increase the number of their followers. The Finnet exchange will allow users to copy any preferred portfolio directly to their account, thereby applying the new strategy to their own portfolio.

Community Finnet is creating and developing a productive com-munity, consisting of end-users who are engaged in the cryptocurrency world. Its unique and genuine system, which objectively reflects the contribution of each participant to the development of the platform, has been created to stimulate the community and reward its users for every effective action they

INTRODUCTION TOTHE FINNETPLATFORM

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2 . 1 .

Copyright © Finnet 2021, Inc. All rights reserved.

Finnet platform provides a tremendous opportunity for projects’ genuine evaluation, starting from receiv- ing simple feedbacks, to assessing it’s attractiveness to the market and drawing up an investment strategy for existing tokens. At the same time, the community has the opportunity to receive the rewards it deserves, for its analytics, openness and activity contribution.

RateNowadays, the market consists of independent experts and rating agencies, who evaluate ICO- projects and other assets on the bases of a number of arbitrarily chosen criteria. These analysts not always fully characterize the projects, their true evaluation and possible tsuccess. Conversely, Finnet operates based on the collective opinion of industry participants, which comes from thousands of community members, making it impartial and objective compared to the opinion of a single expert. Every member of the community can choose a number of di�erent criteria for evaluating projects and can rate and comment on each selected criteria. The rates are being checked by the moderators and benchmarked, depending on the actual comments and rates given.

1. Rates existing and emerging digital/financial assets.2. Allows users to analyse and forecast the market.3. Enables users to build di�erent types of portfolios and be rewarded for sharing them.4. Performs as a social community for traders, in- vestors and scientists, where everyone interested in the cryptocurrency and traditional markets can share their forecasts, rates and portfolio returns.5. Provides for the trading and exchanging of various cryptocurrencies.

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Existing or upcoming cryptocurrencies, tokens, digital entities or financial assets.

The ability to trade in a variety of digital assets on the exchange platform.

A decentralized quantitative and qualitative indicator for the success and attractiveness of a project. The project’s rating is based on a multi-criteria evaluation, provided by the platform’s users.

The process of checking the relevance and informativeness of the rating reviews.

A decentralized prediction by the platform’s users, regarding the tokens, coins, industries or markets prospects.

This is created by the users; so raters, moderators or forecasters can provide their rate or forecast about an asset, and get an extra reward for it, from the creator of the event.

Users can create a portfolio and share their returns with the community.

Allows to confirm an action by freezing tokens, and sending it to the blockchain.

Assets Burn

Mint

Contributionpoints

Reward

Insurance

Trading

Project

Rating

Moderation

Forecast

Event

Portfolio

Freeze

A necessary step for creating an event: prediction or rating. Also, while forecasting, users can choose to burn tokens when their level of confidence is high, and thus may increase their amount of rewards.

The amount of tokens issued for rewards.

Encouragement points to stimulate the activity on the platform: rating, moderating, forecasting, portfolio returns, achievements and ranks.

Tokens which are being distributed according to the activity and performance on the platform.

INTRODUCTION TO THE FINNETPLATFORM

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2.2. DEFINITIONS

Copyright © Finnet 2021, Inc. All rights reserved.

Tokens which are being locked on a smart contract by the creator of the event for X hours past the event resolution. The insurance amount should be proportional to the amount of the FNT burned (to give more popularity to the event).

An upcoming ICO or other event, presented on the Finnet platform, which is being assessed by the users, who evaluate its attractiveness.

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The Finnet platform has developed a special mathematical model, which provides for the conducting of a decentralized, collective, multi-criteria evaluation of different projects.

All projects’ detailed information and ratings are viewed by the users, who can study the market’s current situation, based on estimates and comments.

The platform provides the user with the ability to get an assessment, conduct a marketing study and predict the popularity of projects in the future.

A reward is given to any participant who rates or moderates any asset, depending on the evaluation time, other users evaluation and their role played on the platform.

The platform presents the forecasts of all participants, who will help analyze the general trends of the community.

Participants who forecast assets get rewards; this is dependent on the forecast’s time and accuracy.

The platform allows users to build their own active/passive portfolio. Users can share it with everyone and compete in return on investment (ROI) with other users.

Participants who build portfolios get rewards, depending on their ROI.

Mathematical Model

The source of information

PrOject rate / Moderation

Rewards for Rating / Moderating

Forecast

Rewards for forecasting

Variety of options

Portfilio Building

Rewards for portfolio building

Motivation System

Decentralization

Interaction

Finnet has developed a special motivation system for participants, which rewards their activities on the platform, and is based on a smart, balanced inspection system.

Decentralization. Each rate, forecast or portfolio change is being formed from a set of independent estimates, by using Ethereum Smart Contracts.

All data on the platform is derived from collective rates and forecasts. The heterogeneity and multidimensionality of opinions and forecasts make it possible to reduce white noise and make rates and forecasts more objective and accurate.

The collective opinion includes different levels of analysts, with a different set of competencies, logic, qualifications, experience, views and knowledge. Each user is very important for the Finnet platform.

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GENERALDESCRIPTION OFTHE PLATFORM

Copyright © Finnet 2021, Inc. All rights reserved.

3.1. ADVANTAGES

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USER

RATER

EVENT CREATOR

MODERATOR

PORTFOLIO BUILDER

FORECASTER

Can participate in different activities on the platform.

Rates projects, estimates them and receives rewards for it according to the moderator’s score.

Can create any event, act as an entrepreneur and take the total costs from the creating of the event.

Checks the informativeness and relevance of the rates, made by the raters. The moderator also receives rewards.

Can build a portfolio and receives rewards, according to its ROI.

Makes forecasts about future events in the financial market and receives rewards, according to the results.

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GENERALDESCRIPTION OFTHE PLATFORM

Copyright © Finnet 2021, Inc. All rights reserved.

3.2 !" #$% " & '($ )#*'+" !,

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4 PLATFORM PRINCIPLESUsers of the Finnet platform will receive rewards, depending on the accuracy of their forecasts.

P LATFORM P RINCIPLES

Users can choose to participate in any of the roles offered by the platform. They can rate, forecast or build their portfolio on the blockchain, and therefore freeze and burn (optionally) a certain amount of tokens.

Users of the Finnet platform will receive rewards, depending on the accuracy of their forecasts, the quality of their rate or moderation, their portfolios’ ROI, their reputation and their frozen/burnt tokens.

To improve the quality of the evaluation, a motivation system is provided. It affects the reward of each user. The rater should be more reasonable and precise in order to make estimates, and the moderator should be responsible for checking the rat-er’s assessment.

Copyright © Finnet 2021, Inc. All rights reserved.


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