Review on Santiment Network Token by Robiul Islam
Its long term goal is to be the market data infrastructure for cryptocurrency…
Its long term goal is to be the market data infrastructure for cryptocurrency and blockchains. Personally I will be closely watching how they progress there is lot for me to learn from their blogs, platform and also how Blockcain analytics is performed. A project with a bright future ahead. Any crypto investor should know about it, even if not investing in the token, since the data & tools provided might be a game changer in the industry if things go as planned.
Updated 5 years ago
Rating changed from 4 to 3
Their focus right now on the development. As far as SAN token usage, they’ve implemented SAN as a payment/discount mechanism and have earned some real, paying customers! Plus, rewards and partnership staking programs are under development.
They’re about to release some new features around social tops detection. They’ve been building models and tools around this for a few months now, to detect local tops based on crypto social media chatter/sentiment.
Pros
- Cryptocurrency investment is being sustaining rapidly. Need for financial analytics in the crypto space is surging, especially when institutional money start coming in. Most of the paying customers of Bloomberg, Thomson Reuters are hedge funds, mutual funds, and investment banks. 🔹Run by a team of experts. 🔹App compatible for beginners and experienced traders. 🔹API for other platforms. 🔹Rich data feeds library. 🔹Mobile application is already accessible. 🔹Access to exclusive data for token holders. 🔹Tokens issued following to FINMA regulations.
Cons
- 🔸Tokens can be used only within the application. 🔸If crypto investing turns out to be just a fad, there will be very miniature demand for Santiment’s products.
