Using blockchain to promote public welfare, Wayne Yee, Crypto Commonwealth
Interesting interview with Wayne Yee, Crypto Commonwealth founder.
What is your own background briefly?
I have many years of quantitative alpha research experience in hedge funds, and managed and researched market neutral equity strategies with good performance. Before that, I participated in the search for the Higgs boson out of the vast data collected in Fermilab. The work and the ongoing research at CERN’s Large Hadron Collider led to the discovery of the Higgs boson, the Nobel Prize winner in physics 2013. I obtained a B.S. degree in physics from University of Science and Technology of China (USTC), and a Ph.D. degree in Physics from Stony Brook University.
Does it seem like a logical background to what you do now?
My modeling and research experience in asset management gave me peculiar insights in the crypto market, a popular emerging market with a huge potential. I published a number of quantitative analysis on our website cryptocommonwealth.io and was the first to investigate the smart betas in the crypto domain.
This is a widely known idea for passive and semi-active stock funds, yet hardly explored by any financial professionals before me. And in the good old days my collaborators and I published in major physics journals including Physical Review Letters and the Physical Review series of American Physical Society (APS).
I peer reviewed many journal papers as well, and keep doing so to-date upon invitations. It is an enjoyable experience, and for a similar reason I reviewed a large number of crypto projects and whitepapers too, hence became familiar with typical tokenomics design. These can all be done efficiently, owing to the days that I read, reviewed and published physics papers.
Moreover, either strategy or research I conducted requires strong modeling and advanced statistical tools such as machine learning. An analogy would be to look for a needle in the haystack, where big data analytics is strongly desired. Data analysis and modeling in cryptos, stocks and physics highly resemble one another.
PURPOSES OF #COMM IN #ECOSYSTEM:
COMM is a #payment system suited for any generic purchase. It is the right to invest with us and subscribe to our #publications. Our own #mainnet will soon support fundraising and incubation of subprojects.See Details?https://t.co/0X0fHg2Dr8 pic.twitter.com/FHuqo21gNq
— Crypto Commonwealth (@CryptoSmartBeta) February 20, 2020
How was the last 12 months?
We assembled a great team, and made a few great videos that convey our core values well. We donated medical masks to support China’s fight. We had good press exposure and many more will come soon. Our token was listed and will continue to embark on more major exchanges. We promoted successfully in social media. Now we have over 40k organic members in two main Telegram groups, and many more in our local language chats.
We initiated the asset management and publishing ecosystem. The internal research backtester is up and running, so are two of our funds. Publications on our main site are ongoing. We are building an e-print site and ETA is several months. It will operate under our US based NPO and offer grants to scholars. Many more will come in 2020, see our roadmap and whitepaper . Stay tuned for another year of prosperity with us!
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