Over the past few years, virtual currencies have attracted a lot of attention from both ordinary users and traders. The interest of the latter was caused by the frequent change in the value of crypto-currency assets, which allows to receive considerable income due to competent speculation. Often in the crypto-currency market, you can notice a 5 or sometimes 10-fold increase in the price of one or another virtual currency associated with various world events and news.
In most cases, fluctuations in the value of cryptocurrencies are associated with the placement of information articles on a particular world event on the Internet. In some cases, to make a profit on crypto-currency exchanges, scammers place false information on the Internet, chat rooms and social networks. Using such information by a professional trader or investor to make decisions can lead to serious losses. In this regard, investors and traders often search for reliable data manually, which takes a lot of time and resources. That is why the availability of a quality data source is an urgent need today.
This source of information will be a platform called CoinAnalyst, which will provide the most relevant and reliable information on cryptocurrencies.
Project objective
The main goal of the CoinAnalyst platform creators is to develop a unique ecosystem for collecting and analyzing information on virtual currencies, providing traders and investors with an information advantage to maximize the level of income and minimize the level of risks.
Principle of operation
On the CoinAnalyst platform, a list will be presented, which includes all virtual currencies traded on the exchanges, as well as detailed information about them, including:
- market data for a specific currency;
- analysis of the current situation and trends;
- current and previous market behavior;
- current news publications.
At the same time, all articles and data on the cryptocurrency will be located in a specialized subsection.
A special application based on the web Observer scanning and monitoring system, which has been successfully used by representatives of small, medium and large businesses for several years, will be used to collect information. This application will scan forums, blogs, social networks and media resources. At the same time, only fresh materials with the highest rating and the largest number of reposts will be selected. When searching for information, sites in English, Russian, Arabic, Chinese and Japanese are scanned in real time. After the selection of materials, they are stored in a specialized storage, which is subsequently used for data analysis.
The CoinAnalyst system is also able to determine market sentiment using a machine learning algorithm that analyzes articles and the authors ' attitude to a particular cryptocurrency. In addition, the algorithm analyzes the actions of traders for the period of time the platform participant is interested in.
In addition, each user can get tips on trading, which is especially important for beginners. Appropriate advice on the purchase or sale of cryptocurrencies are generated based on data obtained from the site tradingview.com.
It is important to note that CoinAnalyst also provides traders with a number of other tools:
- search - allows you to sort the news by popularity or placement time;
- tag cloud - a feature that allows you to search for content by tags;
- the ratio of terms - an option that allows you to determine which word is most often used together with the name of a particular cryptocurrency;
- thematic map - presents an opportunity to see the most discussed topics;
- trends - shows the frequency of entries for a particular currency;
- influencers - a list of the most influential users on blogs, forums and social networks.
The main token of the platform that allows access to valuable data will be COY coins, which can be purchased during the ICO.
Dates and details of the ICO
Public sale of coins will be held from July 7 to December 31 of the current year. The cost of the 1st COY will be 0.01 euros.
The project does not have a softcap, as the platform will be launched in any case. The size of the hardcap is 20 million euros.
The distribution of tokens and funds is as follows:
Conclusion
The platform, which contains all useful articles for traders using cryptocurrency, and a number of auxiliary analytical data in one place, is very relevant. Given the fact that at the moment most traders need such a platform, the audience of the platform can be simply huge, which will lead to a rapid increase in the value of the domestic currency. In this regard, investing in CoinAnalyst today can be very profitable.
Official resources of the project CoinAnalyst:
