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4 Level
147 Review
2371.75 Karma

Review on Bitcurate by Bagul A

Revainrating 1 out of 5

About the company

Their journey began in August 2018.
They started with the idea that the cryptocurrency market is the future and market data is in a terrible state.
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They started with a simple prototype and were accepted into LEAN, a startup in Shanghai, China. They participated for 1 month and decided that it was not suitable for them. They continue to build MVP and bring it to market by November 2018. They held a public launch at WeWork in Shanghai.
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But by the end of 2018, the cryptocurrency market was in dire shape. Bitcoin hovered around $ 4,000-6,000,
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Things got better. They received a small angel investment. They used the funds to continue developing and updating the product based on feedback from potential customers. They continue to build it with improved backend server architecture, scalable with Kubernetes and microservices. They created machine learning models to understand market data through LSTM sentiment analysis and price prediction by a sales agent with enhanced learning.
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At the beginning of 2020, we ran out of dollars. We have continued to use whatever is available from any token sale, cryptocurrency balances, and flash sale to continue trying to attract some paying customers by applying for incubators and accelerators. All of the above only helped us extend another month by a month, and boosters don't buy our business model either.

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Pros
  • desire to develop the project
Cons
  • unreliable