Santiment aims to be a preferred financial market data and content platform for the blockchain and cryptocurrency network. Santiment offers a collection of datafeeds and content streams including newswires. The main purpose is to provide a stable and reliable platform where the investors can gain assurance and confidence about the cryptocurrency and not take any rash actions that could create volatility in the market.
The Switzerland based SAN is created by a team of entrepreneurs, developers and seasoned digital currency investors who crafted the platform after several deliberations and considering all the aspects that have been afflicting the cryptocurrency market. It is aimed at becoming a guidance platform to the blockchain and cryptocurrency industry.
SAN tokens can be closed and exchanged to enable its users to get notifications of its contents and datafeeds. The digital exchange programs and asset exchange platforms can receive and share the information with their customer database and add their own input. The SAN tokens are needed at the auctions where large volumes of datafeeds, datasets, and other public sentiment content are distributed amongst the Santiment community.
The company has given a detailed report about the risks and tips on how to invest in cryptocurrency that will help new investors. People is anxious and have apprehensions about how the market will be in the future and this makes them react in different kind of emotions. The firm encourages the investors to store their assets in the digital cryptocurrency as they can do their transactions freely without restrictions and no centralized authority controlling the activities.
SAN offers three primary functionalities of payment, staking, and reward. It protects the interests of its investors while creating auctions and subscriptions, providing information and incentives to the investors enhancing the value of the Santiment network.
SAN created an MVP Alpha mobile tracker” The Sentiment Tracker”. It is a datafeed that is built with the objective of getting the user sentiment data about the asset trends in cryptocurrency. It offers an incentive to the users with the Santiment network Tokens (SNT) or datafeed depending on what they had contributed. The user selects a coin and the tracker monitors the user’s feeling if they want to purchase more or sell off what have or do they have a wait and watch approach etc. It also tracks the sentiments of the other users on the same coin and gauges the trends.
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