How does the ranking works

Explanation of the algorithm we created to rank users and decide what prediction should we show on the main page.

Ranking the users, not the prediction

Coinwave will not rank the predictions, we chose to rank the users behind the predictions.

When the caller selects the metrics previously named. For example, "Bitcoin will gain 15% in the next week", CoinWave saves that prediction. 1 week later, the system checks the price of Bitcoin at that time. Let's say it went up by 12%, in this case, the caller is not a 100% right, but they will still get rewarded a portion of the points relative to the accuracy of the call. The maximum amount of points would have been obtained if the bitcoin has actually hit 15%. Using the same logic, we can imagine the opposite scenario. If Bitcoin, instead of gaining 12%, ends up losing 10%, users who were wrong will be considered wrong and lose points accordingly. Our algorithm is adaptively smart and checks many factors to decide whether it should give or take points.

In the Coinwave App, we implemented a “ladder” system to group predictions and offer different levels of visibility for our users. A ladder represents the ranking according to a specific given time frame. Anyone will be able to check the different ladders and find the best people to follow and help them to decide what to buy, what to sell and what to keep during that period.

The ranking of prediction makers will be distributed across our ladders based on the time range of the call. A long-term prediction (around 1+ year) will help you win points on the long-term ladder. The same goes for the mid-term (in months) or in the short-term ladder (Days and weeks).

The ranking page

The Coinwave App is built to be user friendly and provide an optimized and seamless user experience. When clicking on the ranking icon, you’ll be able to see who's the best. On the

ranking screen, every username will be followed by 3 values: the accuracy, the points count, and the number of predictions made. As already mentioned, there is a broad ladder, showing our best users as well as 3 more ladder dedicated to help newcomers find the most suitable prediction.

Looking for an information to help you decide where to put your money for the next months? or for the next years? We got you! Users can specialize in different scales of time.

Coinwave is always improving. We are planning, in the future, to allow users to specialize in a specific token, allowing them to gain more experience at analysing that specific Token and be more accurate with their future predictions. You will then be able to click on any username which will lead you to their profile page, displaying their currently ongoing prediction and more specialized metrics.

The goal is always to help you choose the best asset to invest in by giving you the most important information.