WHY IS CRYPTO SO VOLATILE?
Crypto prices are set by supply, demand, and adoption. KAX is no different: its price is set solely by the market. What Kaxaa adds is the Kaxaa Index, a reference measure of real estate market health built from six national price indexes and other indicators. The network uses the Index as a reference point when pricing certain functions and service fees. It does not set or guarantee the price of KAX.
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. Historical levels do not predict future levels.
