ItsBlockchain Launches Three New Crypto Indices On Mudrex

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NEW DELHI: Itsblockchain has partnered with crypto asset management platform, Mudrex, to launch three new crypto indices focused primarily on games, metaverse, and small-cap cryptos.

Mudrex is a global crypto investment platform backed by Y Combinator and Nexus Venture Partners that operates in 90 countries around the world.

Mudrex coin sets allow investors to invest in themed token baskets such as non-fungible tokens (NFT) or decentralized finance (DeFI). These coin sets are automatically rebalanced by the fund managers and users can see the investment returns live.

Hitesh Malviya, Founder of Itsblockchain.com, said, “Mudrex Coin Sets makes it easy to find good cryptocurrencies in the crowded marketplace. So far we have received great responses from our investors regarding Mudrex customer support, we look forward to launching other indices in the near future in collaboration with mudrex. “

The three new indices launched on Mudrex are IBC10 Metaverse, IBC10 Play-to-Earn and IBC10 Low Cap Gems.

According to Itsblockchain.com, the metaverse will be the most important game of this decade. “If you believe the future is in the Metaverse, you need to expose yourself to proven projects that are at the forefront of the Metaverse industry,” he said in a statement.

The IBC10 Play-to-Earn Index aims to capitalize on a major trend in the crypto universe, gambling.

On IBC10 Low Cap Gems, Itsblockchain.com said that crypto’s explosive growth typically comes from low-cap altcoins. “You can make massive returns in a short period of time or lose most of your capital in one major correction. To help you stay on the winning side, we’ve developed a Small Cap Index, which is made up of the top five gems in the DeFi crypto market. “

“Hitesh’s approach to looking at different cryptocurrency projects and identifying which ones are inherently strong is quite laudable. The level of research and analysis that goes into the final selection is undoubtedly quite solid and this is validated by the amount of investments in its 4 sets of coins, viz. IBC 10 Short Term Index, IBC10 Play2Earn, IBC10 Metaverse, IBC10 Small Cap Gems. These parts sets encompass projects across different industries, ”said Edul Patel, CEO and Founder of Mudrex.

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