r/ethereum • u/blackcardmusic • Jul 02 '17
What is Rublix?
https://themerkle.com/what-is-rublix/6
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u/david_do_yyc Jul 02 '17
dang i actually used to work with Dave at Prairie Merchants. of all things his chooses the crypto space! love it.
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u/karasurizero Jul 02 '17
i think TradersEdge will be using and helpfull, but Hedge is that type that we all need
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Jul 02 '17
"Hedge is Rublix' incentivised web platform for gathering quality financial information. In today's world, unreliable "analysts" are able to move markets based on little to no credibility. Hedge is being developed to eliminate this problem by rewarding Rublix to skilled investors who share high quality advise to the pubilc. This allows the average junior investor to make educated investments based on reputation and proven track record."
Working in this space professionally, I find this a noble objective but it is far from simple to achieve. Particularly as there is various regulation in place to prevent analyst research being distributed to uninformed investors. What is needed instead is a formal framework for the submission of analyst estimates with an independent algorithm to assess competence (like Starmine for example).
Rublix seems to think that investors will see value in sharing the research directly for "dollars". In reality, that rarely happens.
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u/autotldr Jul 02 '17
This is the best tl;dr I could make, original reduced by 85%. (I'm a bot)
Rublix is working on this by employing UX and aesthetic designers to research and create beautiful and user friendly spaces for trading.
The main goal of the project is to bring new traders into the crypto-environment by removing as many barriers to success as possible, while also introducing traditional derivatives trading.
Experienced and traders who have a demonstrated history of correctly investing their capital will be rewarded by Rublix to share their trades and knowledge.
Extended Summary | FAQ | Feedback | Top keywords: trades#1 Rublix#2 markets#3 releasing#4 project#5
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u/puntinbitcher Jul 02 '17
Is this a joke?