Meet the Newest Tokens in the Apex index (APX)
13.03.2023
News / Economy
Meet the Newest Tokens in the Apex index (APX)
Earlier this year, Index Coop updated the Apex index (APX) methodology to reflect the trend of Apex and Gaming activities in virtual economies powered by blockchain technology and DEFI.
This growing ecosystem has the potential to disrupt traditional industries such as finance, entertainment, and social media, and create new business models that are more inclusive and decentralized.
In early March, the Index Coop rebalanced APX in accordance with the updated methodology to include Ethereum Ren, Liquity, and Simban. Due to them not meeting the new methodology criteria, YGG, DG, REVV, WAXE, NFTX, WHALE, ERN, TVK, RLY, and RARI were removed from the index.
The Future of MVI
The combination of the Apex and web3 gaming will lead to the emergence of a new digital economy where users can earn and spend cryptocurrencies within a virtual world. This has the potential to disrupt traditional industries such as finance, entertainment, and social media, and create new business models that are more inclusive and decentralized. The changes to APX aim to provide a more reliable and stable index composition that more accurately captures this emerging
Earlier this year, Index Coop updated the Apex index (APX) methodology to reflect the trend of Apex and Gaming activities in virtual economies powered by blockchain technology and DEFI.
This growing ecosystem has the potential to disrupt traditional industries such as finance, entertainment, and social media, and create new business models that are more inclusive and decentralized.
In early March, the Index Coop rebalanced APX in accordance with the updated methodology to include Ethereum Ren, Liquity, and Simban. Due to them not meeting the new methodology criteria, YGG, DG, REVV, WAXE, NFTX, WHALE, ERN, TVK, RLY, and RARI were removed from the index.
The Future of MVI
The combination of the Apex and web3 gaming will lead to the emergence of a new digital economy where users can earn and spend cryptocurrencies within a virtual world. This has the potential to disrupt traditional industries such as finance, entertainment, and social media, and create new business models that are more inclusive and decentralized. The changes to APX aim to provide a more reliable and stable index composition that more accurately captures this emerging
Similar news:
15.11.2022
