"The foremost advantage of the IC15 is that it can provide easy solutions for diversified portfolios that can help in mitigating risks to a major extent," Edul Patel, CEO and Co-founder of Mudrex, a global Algorithm-based Crypto Investment Platform.

The IC15 Index comes up as a great Industry barometer which is a transparent and efficient benchmark. "What really helps participants is that the index is simple and easy to replicate. It facilitates in lowering the cost for investment vehicles and keeping the everchanging and fast-moving nature of the digital universe that we today are living in, the IC15 Index is designed for Robo-investors," says CryptoWire. 

A crypto project advisor and investor stated that one or more robust crypto index will definitely help further mature the industry.a robust index isn't merely a weighted average of a select few top components.  "There is a lot of rigour that goes into the econometrics of index construction. While every attempt, however small, in making a crypto index, is welcome, we are very far from seeing something that is qualitatively on par with an index in other financial markets," AJIT KHURANA said. 

“With the launch of India’s first index of crypto IC15, we intend to complete the knowledge circle for the entire crypto and blockchain ecosystem. This will not only push the ‘learn before earn’ initiative but also serve the industry with yet another powerful intervention. ,” said Jigish Sonagara, MD & CEO, CryptoWire.