I think it's quite good app as it allows to easily let users to invest in crypto. most of the people don't know much about crypto currency and since its completely digital world most fear about investing in such options. apps like this can make huge impact on social awareness about crypto currency and may allow people to feel safe about their investments.
well we do have indexes already so i think it all comes down to what percentage of which tokens are included in each index or basket or coinchest offered by platforms.
the app looks nice, but the video didnt do justice.
can users make their own baskets?
Indexes do exist but they don't change much with the dynamic market conditions of the crypto space. Coinchests on the other hand, are built on different ideologies and themes as per the evolving market conditions. We believe the best way to succeed at crypto investing is through taking advantage of the ever changing market conditions and volatility, rather than SIP based investing in indexes.
Currently, the users can not make their own baskets but we will soon be adding a feature allowing the users to do so.
Congratulations on the launch! I really appreciate how we are making people smarter about crypto investing rather than the "get rich quick" scheme. Good luck!