Find attached the deck that we used for our webinar on "Diving Deeper into Crypto-Asset Fundamental Analysis"

1. INTRODUCING
Second Webinar:
Diving Deeper into Crypto Asset
Fundamental Analysis

2. Intotheblock
Indicators

3. Leonard Boord
CEO
Intotheblock
33
Today’s Presenters
Alfredo Terrero
COO
Intotheblock

4. 44
Financial
In/Out of the Money
Holders’ P&L
Bulls and Bears
Large Transactions
Average Trx Size (in $)
Avg Balance (in $)
Volatility
Correlation to BTC
Network
East vs West
New Addresses
Active Addresses
Zero Balance Addresses
Total Addresses
Number of Trx
Trx Volume
Avg time between trx
Avg time token is held
Social
Telegram Metrics
Github Metrics
Google Trends
Ownership
Whales
Investors
Concentration
HODLrs
Cruisers
Traders
ATH/ATL
Current List of Indicators

5. 55
Financial Indicators – In/Out of the Money
Which addresses are currently making
or losing money on their holdings? At
what price points are the largest
concentrations of addresses?
For any address with a balance of
tokens, ITB identifies the average price
at which those tokens were purchased
and compares it to the current price.

6. 66
Financial Indicators – Break Even Price
This indicator looks at realized gains
and losses for all the on-chain
addresses that currently have a token
balance. This graph shows the price
that asset would need to reach for the
address to break even.
For any address with a balance of
tokens, ITB calculates its P&L by adding
all sells and subtracting all buys made
by the address in its entire history

7. 77
Financial Indicators – Large Transactions
ITB identifies on-chain transactions
larger than $100K USD
We present this chart with three
separate views: “Count”, “Avg. Balance”
and “Avg. Volume”
If the number of large transactions is
increasing, does that mean that there
are more institutional players such as
OTC desks or whales in a particular
asset?

8. 88
Financial Indicators - Bulls vs Bears
How many players bought or sold more than
1% of the crypto asset’s daily volume?
ITB identifies the addresses that bought or
sold more than 1% of the volume traded in a
24h period.
Is volume traded concentrated or diversified?
What is the sentiment of large traders of this
asset? How has this sentiment changed over
time?

9. 99
Financial Indicators – Average Transaction Size (In $)
ITB sums the total value of all transactions (in
$) on a daily basis and divides that value by
the number of transactions that day to arrive
at the Avg Trx Size in $
If there is a sustained increase in the avg trx
size, is it because there are larger traders or is
it for some other reason?

10. 1010
Financial Indicators – Average Balance (In $)
ITB calculates this indicator by taking the
Market cap of a crypto-asset and dividing it
by the number of addresses that currently
have a token balance, excluding zero balance
addresses to arrive at the average balance in
$.

11. 1111
Financial Indicators – Correlation to BTC
ITB measures the correlation of an asset’s
daily returns to Bitcoin’s daily returns over the
last 30 or 60 days, depending on the view
that is chosen.
This correlation indicator helps us understand
how an asset’s price moves in relation with
Bitcoin’s price. This is important as an
investor who is trying to construct a portfolio
of crypto-assets

12. 1212
Network Indicators – Address Stats
ITB displays the activity of addresses of an
asset, broken down into 3 separate buckets:
Active, New and Zero-Balance addresses.
Active addresses: We define an active
address as one that has made a transaction in
the last 24 hours.
New Addresses: We define a new address as
one that was created in the last 24 hours
Zero Balance Addresses: We define Zero-
Balance addresses as those that went from
having a balance to zero in the last 24 hours.

13. 1313
Network Indicators – Transactions
This graph shows the number and volume of
on-chain transactions we identify from an
asset’s underlying blockchain.
Intotheblock records a transaction every time
an asset changes from one address to
another. We track two metrics on our
transactions chart, the total volume of tokens
transacted in a 24hr period as well as the
total number of transactions over that same
24 hr period.

14. 1414
Network Indicators – East vs West
Where (geographically) is the asset mostly
traded? Can we call it a global (evenly traded)
asset?
ITB sums all transactions with their timestamps
and classifies them as:
West: transactions from 10 AM to 10 PM UTC
East: transactions from 10 PM to 10 AM UTC

15. 1515
Network Indicators – Average time between Transactions
We calculate this indicator by measuring
the time in between transactions on a
crypto-assets blockchain.
Note that this is usually pre-determined by
the blockchain’s protocol as the time it
should take to process a block (which
contains all of the individual transactions).

16. 1616
Network Indicators – Average time token is held
Shows how long an address holds the
asset, on average, before it is sent to a
different address.
This metric is useful for comparing across
crypto assets and provides a high level view
on how the asset is being used.

17. 1717
Ownership Indicators – Whales
What is the size of large holders and their
impact on a crypto asset? In what direction is
concentration changing?
ITB identifies all addresses that own more
than 1% of crypto asset - those whales with
300+ transactions are defined as “high
activity addresses”

18. 1818
Ownership Indicators – Investors
ITB identifies all addresses that own between 0.1% to 1% of an asset’s token supply.
We also further break down the Investor addresses into high and low activity addresses in red and
blue colors respectively.

19. 1919
Ownership Indicators – HODLRs
We segment the addresses of an asset based
on the duration of time that they’ve held onto
the address for. At Intotheblock we segment
these holders into 3 categories based on
duration
HODLR: We define a HOLDR as an address
that has held the asset for more than 1 year

20. 2020
Ownership Indicators – Cruisers
We segment the addresses of an asset based
on the duration of time that they’ve held onto
the address for. At Intotheblock we segment
these holders into 3 categories based on
duration
Cruiser: We define a Cruiser as an address
that has held the asset between 1 and 12
months

21. 2121
Ownership Indicators – Traders
We segment the addresses of an asset based
on the duration of time that they’ve held onto
the address for. At Intotheblock we segment
these holders into 3 categories based on
duration
Trader: Finally, we define a Trader as an
address that has held the asset for less than
30 days

22. 2222
Social Indicators – Telegram Metrics
Is interest around the asset growing or
shrinking?
This chart tracks the number of Members in
the token’s official Telegram group on a daily
basis.

23. 23
Our Next Webinar
❖ “What Data Tells Us About Stablecoins”
https://zoom.us/webinar/register/WN_9j4IE
OgsRZiT47Kv8E5pIA
❖ Wednesday, September 11th
❖ Presenter: Jesus Rodriguez
Co-Founder & CTO, IntoTheBlock

24. INTRODUCING
CONTACT INFORMATION
Alfredo Terrero, COO & Co-Founder
aterrero@intotheblock.io

25. 25