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Santiment .. Digital currencies in the concept of easier to invest smarter

2018-09-07 01:15 pm | Resource: Crypto Section | No Views : 322

Santiment .. Digital currencies in the concept of easier to invest smarter Santiment is a project that aims to simplify the work of digital currency markets. Through the platform of the project, you can understand the market and learn how you can read it. The platform can be used to connect points. When searching for the psychology of the masses, you can access and share digital currency data and digital knowledge. In today's report, I updated the ICO for this project.

Project name: Santiment
Token: SAN
ICO date: July 2017
Market cap*: $42 million
Circulating supply*: 62,660,371 SAN
Total supply: 83,337,000 SAN
* As of August 31, 2018. Source: Coinmarketcap

What is the Santiment project?

Santiment is the building of Bloomberg for digital currencies, and it provides a platform for investors to receive clear and informed financial information as well as emotion data. The project aims to provide traders with market research and data to help with their digital currency investments.
Santiment’s ICO raised $11.7 million dollars between 710 participants in July 2017. They were one of the first companies to implement a whitelist process for their token sale to ensure that their most dedicated community members could receive priority access.
The project aims to provide a subscription-based platform where users can contribute to accurate market research as well as use community research to help with private investments. When you use the platform, the amount of tokens the person carries will be associated with the amount of data that they can see.

The SAN Token is used for the following purposes:

  1. They can grant owners access to a limited flow of content and data feeds. Users of this information will also be allowed to share this information with their customer base.
  2. They are required to participate in any Santiment auctions that sell data sets or information.
  3. Participants who contribute positively to the platform can be rewarded with a SAN.
Santiment-Sanbase

Key Milestones/News

Santiment Github August 2018
Source: LiveCoinWatch
The project is open source and its development progress can be tracked at https://github.com/santiment.
The project updates its blog and its main developments.

Some of the main features of the project

  • July 2017: Santiment ICO is released and launched onto Bitfinex and Liqui.
  • August 2017: Cofound.it partners with Santiment as a strategic partner and advisor.
  • October 2017: Santiment launches Project Transparency with sixteen other projects to create a self-regulated and industry-led movement toward transparency and accountability.
  • November 2017: Santiment updates their crypto-portfolio configurator to allow traders a more diversified portfolio.
  • December 2017: Santiment implements a MetaMask login to access the data in the platform. They also adopted GraphQL for their API protocol. Santiment developed a GitHub tracking tool to correlate with token prices.
  • January 2018: The development team is preparing the first data feeds in SANbase, the Santiment platform, to launch publicly, as well as various other features.
  • February 2018: Launch of new Sanbase-low overview screen based on user feedback. Implemented a 30-day dev activity column for each project on the platform.
  • May 2018: Closed Beta is released.
  • July 2018: SAN staking is live. The public can now login and use the SANbase platform while it is in “beta” status.  The SANbase API and Python Library also became available.

Conclusion

The project shows strong development activities. The Sanbase pilot platform is active and investors can spend / purchase SAN codes for different products.
Products include (1) API that tracks different metrics such as daily active addresses, code burning rate, GitHub activity, social size, etc., and (2) statistics that represent community analysis on different encoding situations.
Santiment certifies the transparency of the company and has even helped lead the project transparency initiative, which aims to increase the transparency of the Blockchain-based companies. All the results and distributions from its symbolic sales were provided on its website for public display.
Santiment continues to update its own social media with any developments for the platform or company and have created a complex road map showing where they are in their platform.

For more information about the project

Santiment Resources

Website: https://santiment.net
Whitepaper: https://docs.google.com/document/d/1hHmJQWrPrObSgCA8kTbk-4LgqGbYzukQAjtg5b8jwc0
Telegram: https://t.me/santiment_network
GitHub: https://github.com/santiment
Blog: https://medium.com/santiment
YouTube: https://www.youtube.com/channel/UCSzP_Z3MrygWlbLMyrNmMkg
Twitter: https://twitter.com/santimentfeed
Reddit: https://www.reddit.com/r/santiment/
Discord: https://discordapp.com/invite/6fMxk82
ICO Review: https://crushcrypto.com/analysis-of-santiment/

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