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Category: top

GMCI L1

Last updated: 09:57:44 UTC 140.35
3.30 (2.41%)
GML1
  • # Assets Included 24
  • Last Rebalanced 29, Mar 2024
  • Top 3 Assets by Weight BNB, ETH, SOL
  • 7 Day
    2.24%
  • 1 Month
    -8.89%
  • YTD
    40.94%
  • All-Time
    Since Jan 01, 2021
    647.22%

About GMCI L1

The “GMCI L1” consists of premier Layer 1 blockchain assets, emphasizing the core infrastructure that powers the blockchain universe. It zeroes in on the leading Layer 1 protocols, providing insights into the foundational strength and innovative strides within this segment.

Featuring assets renowned for their pivotal roles and groundbreaking contributions, the “GMCI L1” delivers to stakeholders an in-depth understanding of the bedrock technologies underpinning the blockchain ecosystem. As the fabric of blockchain technology weaves new patterns of progress, the “GMCI L1” serves as a vital indicator of the health and direction of the market, reflecting the ebb and flow of investment dynamics and the pace of technological breakthroughs. It stands as an indispensable resource for investors looking to navigate the performance and potential of critical Layer 1 blockchain assets.

GMCI L1 Methodology

GMCI L1 INDEX COMPOSITION

Heatmap

List

> +6%
1-Day Change
< -6%

GMCI L1 RECENT ANNOUNCEMENTS

Improvement of Asset Universe Determination

GMCI has decided to improve the asset selection process by including a minimum requirement for monthly trading volume. This ensures sufficient liquidity required for a smooth index maintenance process. For the GMCI 30, GMCI Layer 1, and GMCI Layer 2 indices, changes will come into effect with the next rebalancing on March 29. The GMCI Meme index, which launched on March 22, is already based on the new selection process. You can find more details in our updated General Index Policy.

Read more on www.gmci.co

Updated Index Methodology

After consulting with different market participants/experts, GMCI has decided to remove the criterion, that an asset in the GMCI L1 needs to be in the top 100 by blended market capitalization. Thereby, the number of constituents in the GMCI L1 will increase, representing an even wider array of layer 1 protocols. Changes will come into effect with the next rebalancing on March 29. For more details, check out our updated index methodology.

Read more on www.gmci.co

GMCI L1 Launch

The GMCI L1 index is set to officially launch at 2 PM UTC on Wednesday, March 6.

Read more on www.gmci.co

Crypto Indices

DISCLOSURE

Block Bond Holdings, Inc. (“The Block”) is not the issuer or producer of financial products listed herein (the “Products”) and The Block does not have any responsibilities, obligations or duties to investors in the Products. The only relationship of The Block with Index Innovation B.V. (“Index Innovation”) and Global Markets Crypto Intelligence (“GM”, together with Index Innovation, “GMCI”) is the licensing of GMCI’s indices, which are determined, composed and calculated by GMCI, or any successor thereto.

Investors do not acquire any interest nor enter into any relationship of any kind whatsoever with The Block upon making an investment in the Product. The Products are not sponsored, endorsed, sold or promoted by The Block. The Block does not make any representation or warranty, express or implied, regarding the advisability of investing in the Products or the advisability of investing in securities generally or the ability of GMCI to track corresponding or relative market performance. The Block is not responsible for nor has participated in the determination of the timing of, prices at, or quantities of the Products to be issued. The Block does not have any obligation or liability in connection with administration, marketing or trading of the Products.

Any licensing agreement(s) between or among The Block are solely for the benefit of The Block and not for the benefit of the owners of the Products, investors or other third parties. In addition, any licensing agreement with GMCI or its controlled affiliates is solely for the benefit of  GMCI and its controlled affiliates and The Block and not for the benefit of the owners of the Products, investors or other third parties.

THE BLOCK SHALL NOT HAVE ANY LIABILITY TO GMCI, INVESTORS OR OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF GMCI OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF GMCI. THE BLOCK DOES NOT MAKE ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY GMCI, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF GMCI OR ANY DATA INCLUDED THEREIN.  THE BLOCK DOES NOT MAKE ANY EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO GMCI OR ANY DATA INCLUDED THEREIN. THE BLOCK RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF GMCI, AND THE BLOCK SHALL NOT BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO GMCI. THE BLOCK SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH, RESULTING FROM THE USE OF GMCI OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE PRODUCTS.

GMCI is not created, owned, endorsed, sponsored, sold or promoted by The Block or its affiliates and The Block bears no liability with respect to such index or data related thereto. The Block provides no guarantee as to the accuracy and/or the completeness of GMCI or any data related thereto. Past performance of an index is not an indication or guarantee of future results.

Neither GMCI nor The Block makes no assurance that investment products based on GMCI will accurately track index performance or provide positive investment returns. Neither The Block nor GMCI is an investment advisor, and neither The Block nor GMCI makes any representation regarding the advisability of investing in any such investment fund or other investment vehicle. A decision to invest in any such investment fund or other investment vehicle should not be made in reliance on any of the statements set forth in this document nor GMCI. Prospective investors are advised to make an investment in any such fund or other vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or other investment product or vehicle. Neither The Block nor GMCI is a tax advisor. A tax advisor should be consulted to evaluate the impact of any tax-exempt securities on portfolios and the tax consequences of making any particular investment decision. Read the full disclaimer here.

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