Index Cooperative
INDEX#2583 by market capNot covered. The criterion it missed: market cap below the 5,000,000 USD floor.
Index Cooperative is for metagovernance. We have not written its record yet, so its promises are not checked. It trades at $0.2468, #2437 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. +379% to match its rivals. Nothing to be careful of on the record.
Is it real?
ExpandCollapse
3 of 4
- ✓A real-world jobReal-world purpose: metagovernance
- ✓Real backingBacking: backed by Galaxy Digital; trades on Coinbase
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $1.73M, 9 times smaller than Dinero, the biggest coin within reach doing the same thing (Metagovernance)
Backed by Galaxy Digital and 2 more
- Origin8 May 2021about about 5 yearsindexcoop.com/index-token
- DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
- BackingGalaxy Digital, Sequoia Capital, Blockchain CapitalInvestor tags from CoinGeckoListed on Coinbase
- Standing on the recordNo recordNo dated promise to judge yet1 headline last monthNo corrections needed so far
To be worth what the typical coin in Metagovernance is worth ($8.29M), its price would need to rise 379%, to about $1.18. To match the leader, Dinero, 752%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges (Coinbase)
- Only 1 headline named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
ExpandCollapse
Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
ExpandCollapse
Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Metagovernance
4 coins tagged Metagovernance, worth $201.68M together. #4 of 4 by worth.
Metagovernance: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Index Cooperative$1.73Mthis coin−1.4%70% outno record
Dinero$14.75M8.5× bigger, +$13.02M+0.0%, gap +1.497% outno record
Aura Finance$1.82M1.1× bigger, +$89.49K+3.5%, gap +4.972% outno record
Metagovernance: this coin next to Dinero, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Index Cooperative says
- Index Coop is a decentralized autonomous organization (DAO) that builds structured DeFi products and strategy tokens.
- Dinero says
- Dinero is a suite of products that scale yield for protocols and users, including an ETH liquid staking token, a decentralized, collateral-backed stablecoin.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Index Coop is a decentralized autonomous organization (DAO) that builds structured DeFi products and strategy tokens. Index Coop offers a suite of sector index products, leverage and inverse products, and yield-generating products.
Problem it says it solves: metagovernance. 4 coins are working on it and together they are worth $201,683,292. This coin is 1% of that.
Where it trades: Coinbase, Uniswap V4, Uniswap V2
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
ExpandCollapse
Metagovernance: this coin next to the group's largest, Dinero.
| Index Cooperative | Dinero | |
|---|---|---|
| Years trading | 5 years | 2 years |
| Major exchanges | 1 | 0 |
| Named backers | 3 | 0 |
| Headlines, last month | 1 | 0 |
| Promises delivered | no record | no record |
What it says is different: Index Coop is a decentralized autonomous organization (DAO) that builds structured DeFi products and strategy tokens. Index Coop offers a suite of sector index products, leverage and inverse products, and…
It is 11.7% the size of Dinero, and the facts above do not show why. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
ExpandCollapse
The last 7 days
Where today sits against its highest ever price
Highest ever: $67.08 on 8 May 2021. Today is 0% of that.
70%
of all INDEX that will ever exist is already out in public hands: 7.01M coins.
30% (2.99M coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
A vote, nothing more by itself
Holders vote on how the project runs. The coin does not pay for anything on its own.
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 7.01M of 10M.
- 2.99Mcoins still to be released, 30% of the maximum. Releases can add selling pressure.
- 1.3×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $67.08 on 8 May 2021. That is −99.6% from the top.
- #2437by market cap, $1,731,155.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $14.25M is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
ExpandCollapse
Headlines per day, last 30 days
1 headline named this coin in the last month.
What they were about
- Price1
Headlines are the publishers' own. News is never placed next to price.
The record itself
Not covered. The criterion it missed: market cap below the 5,000,000 USD floor.
ExpandCollapse
Six facts, the project's own replies, its peers, contract facts, references and every stored copy