Why Is Crypto So Volatile?
It’s no secret that crypto tokens and crypto currencies are so volatile they make penny stocks stable and sane in comparison. But why? Why do even the big household name cryptos like Bitcoin and Ethereum dip or climb by double or some even triple digits in the blink of an eye? The primary reason is that crypto currencies and most blockchain projects are entirely independent from real world economic or other stabilizing factors. The price of “traditional” crypto is based solely on supply, demand, and adoption or abandonment. There is literally nothing backing or supporting even the most popular crypto projects; with few exceptions. Kaxaa is different and is certainly an exception to the wild crypto world. Kaxaa is designed to be a useful utility token that is “stabilized” using a special formula based on real world real estate market information. The formula is called the “Kaxaa Index.”
Kaxaa Makes Crypto Easy
Most newcomers to the crypto space have a lot of big questions about how it all works and for good reason; the crypto and blockchain space is incredibly confusing and complex, but mostly unstable. The Kaxaa Index slows Crypto was not designed for everyday people who want to be part of this new and exciting world. Kaxaa is focused on simplifying the crypto process for millions of users and to provide a simple, easy to understand, blockchain project that isn’t a “get rich quick” cryptocurrency house of cards. Kaxaa Tokens based on the Kaxaa Index are used to engage in the Kaxaa Platform, or they may be used to stabilize exchanges that rely on other crypto or blockchain tokens. Kaxaa is on the path to wide distribution and acceptance because it’s focused on accessibility, stability, and simplicity, and it all starts with the Kaxaa Index.
Introducing: the Kaxaa Index
In real estate there are price indices that are designed to illustrate the status of the commercial and residential real estate markets. Kaxaa created a proprietary formula to weigh these market indicators to result in a new index, the Kaxaa Index. Kaxaa is directly connected to retrieve market data from the first-party data sources. The most trusted and secure source for this real world data. The Kaxaa Index starts by weighting averages of the main indexes then considers liquidity support which is provided through connection with contracts with real world third-party property partners.
More Detail on the Indexes Behind Kaxaa
The Kaxaa Index considers data from the S&P/Case-Shiller U.S. National Home Price Index, Swiss Real Estate Price Index (SRED), URA Private Residential Property Index, VDP Property Price Index, Teranet-National Bank House Price Index andCoreLogic Home Value Index which is used to indicate market volatility and confidence.
Below: the Kaxaa Index from June 2012 to June 2022 growing. Chart data not adjusted for inflation.
