METAI - a digital asset index designed to track tokens' performance within the Metaverse industry.
METAI is a capitalization and DEX liquidity weighted index.
The index is weighted based on each token’s circulating supply and liquidity value. The METAI aims to track Metaverse projects in a Decentralized universe that show a commitment to ongoing maintenance and development.
METAI uses a combination of the root from market capitalization and liquidity weight to derive index totals. We believe liquidity is an important factor in this area and should be considered when allocating a portfolio.
TW = 70% * RMCW + 30% * LW where,
TW – token weight in the METAI
RMCW – the square root of the market capitalization-weighted distribution
LW – liquidity weighted allocation
Circulating supply is the number of tokens circulating the last time circulation supply was determined multiplied by price. Price is the market price of the token in USD. The first circulating supply was calculated on December 13, 2021, using Pro-blockchain as a reference source.
The number of assets is up to 10.