We are currently in the process of developing what we call a Coin Credibility Market. To give you some context before asking our question specifically: A coin credibility market is based upon the cryptocurrency market. A coin’s growth on the current markets is influenced by press/company statement releases. A problem that is occurring in this market is fabricated statements being released that are not credible – they have no truth or value. Our Credibility market is based upon public vote on credibility of statement and source released. The coin would fluctuate in our market based on weights applied (vote). One could then compare how credible a coin truly against its price and in turn make a decision on wither to invest or not.
Would basing this market upon credibility theory and its algorithms be a possibility or is there be better suited algorithms available?
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