Lawnmower Blockchain Index

The Lawnmower Blockchain Index is the premier gauge of performance for the blockchain asset class.

Tracking the top blockchain assets, the LBI is considered one of the best representations of the emerging blockchain technology space.

Symbol LBI
Inception Date 1/1/2015
Start Price $100
Rebalance Frequency Monthly
Min Constituent Mkt Cap $50M

Methodology

The Lawnmower Blockchain Index features:

  • Blockchain assets with a market cap greater than $50 million
  • An allocation weighted by market cap & re-balanced monthly
  • A starting “Portfolio Value” of $100 on January 1, 2015

The portfolio of assets underlying the Lawnmower Blockchain Index automatically re-balances over time as the blockchain asset space evolves. The allocation is constantly shifting as each asset’s price fluctuates 24/7 and the composition is adjusted every month to represent a fresh overall weighting of the constituents by their relative size & share of the total market capitalization of the blockchain asset space.

Rationale

One of the main goals at Lawnmower is to simplify the blockchain asset class.

As the space has been booming over the last few years, hundreds upon hundreds of investible digital assets have been created. It’s very easy to understand why filtering through & following the ecosystem can seem a bit overwhelming & intimidating.

Thus, to make the asset class a bit more approachable & digestible, we’ve devised a methodology to highlight some of the top assets in the space over time.

By following the Lawnmower Blockchain Index, it’s very easy to watch how the composition of top blockchain assets evolves, gauge overall performance, & provide a comparison point for returns against alternative assets & indexes.

An index for a new era of finance.

Since its inception in January 2015, the LBI has tracked the top blockchain assets in a rapidly expanding industry.

The LBI has seen returns vastly outperforming major U.S. & Global indices & assets including the S&P 500, Gold, Oil, Real Estate, and more. Read more about the methodology.

Price

$1177.84

Return (24h)

-2.63%

Composition

Asset Share Price
BTC 54.36% $2756.57
ETH 25.24% $226.16
XRP 8.86% $0.19
LTC 2.8% $44.98
ETC 1.8% $16.06
XEM 1.82% $0.16
DASH 1.9% $213.91
XMR 0.79% $44.60
WAVES 0.42% $3.52
STEEM 0.44% $1.55
REP 0.28% $21.25
LSK 0.28% $2.13
GAME 0.18% $2.41
MAID 0.2% $0.37
FCT 0.24% $22.49
DGD 0.15% $60.81
NXT 0.15% $0.12
SNGLS 0.1% $0.13

Blockchain asset price data sourced from the coincap.io API.

News

July 21, 2016
"Lawnmower Blockchain Index" seen on Yahoo Finance!

Lawnmower updated its app this week to include a news hub for intel on many cryptocurrencies, including ether, litecoin, and ripple. Our users have made it clear they want to learn more about [some of these assets, like ether],” says Alex Sunnarborg, Lawnmower CFO. “So we just said, ‘Let’s move as fast as we can on it.'” Lawnmower added an index that shows Blockchain Asset prices over time, compares it against your holdings, & more...

July 19, 2016
Lawnmower founders discuss new index creation

Gorsira, Sunnarborg, and Archambeau also announced the release of a bunch of free new data and material on the website and in the app including the Lawnmower Blockchain Index (“LBI”). The index tracks leading blockchain assets over time and automatically fluctuates and re-balances with the growth of the space. The founders said that the index has been created to represent and follow the top blockchain assets and automatically evolve in terms of composition and price as the industry develops...

July 19, 2016
Blockchain Asset Investment Platform & Index now available worldwide

The Lawnmower Blockchain Index allows users to track top blockchain assets. As these assets increase or decrease in value, the Index will scale and re-balance automatically...

July 18, 2016
Introducing our new platform & the “Lawnmower Blockchain Index” (LBI)

We developed a proprietary index for leading Blockchain Assets. The Lawnmower Blockchain Index (“LBI”) was created to represent & follow the top Blockchain Assets in the space and automatically evolve in terms of composition & price as the industry develops...

API

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