Santiment Network Token SAN

$1.11
Market Cap $ 69.428 MM
24h Volume $ 1.064 MM
Chg. 24h: -10.10%
Algo. score 3.5/5  (#139)
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Santiment Network Token project purpose and description

Santiment Network Token clarity of purpose

Santiment Network Token purpose and aspects

Santiment aims at creating the "Bloomberg Terminal for Cryptos"

Santiment Network Token additional differentiation against competition

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Santiment Network Token categories

Trading

Short description

Santiment generates revenue with a regular subscription fees. Our token, the Santiment Network Token (SAN), is used for accessing content and datafeeds. It can either be staked, giving holders limited access to services for free, or it can be spent in auctions to purchase our most exclusive data. This connects the SAN token value directly to the value of datafeeds and information Santiment produces.

Abstract

Santiment is building the market data infrastructure for cryptocurrency and blockchain assets. It will be the first platform for datafeeds in the space, providing cryptocurrency-related datafeeds, exclusive content streams, and a regularly updated database of cryptocurrency projects for reference. This infrastructure gives traders the information edge to maximize profit and mitigate risk. Focus will be on sentiment analysis, content, and datafeeds to start, since crowd sentiment is the current driving force in the crypto-markets. Santiment will provide access to datafeeds via mobile and web terminals. We will also directly integrate into 3rd party services such as exchanges and asset management platforms, providing even broader access to an ever-increasing market of crypto-traders and investors. Datafeeds and a data infrastructure make new kinds of crypto-financial businesses and technologies possible. A mobile ALPHA is already complete which includes price feeds, a trollbox sentiment feed, and a sentiment journaling tool. It is currently being tested by early members of our community and will be available to everyone in our community soon. Santiment’s long term goal is to transform how financial information in crypto-markets is distributed. We aim to create market standards for cryptocurrency market data, best practices, and project transparency, all available in one place — essentially becoming the data and information hub of cryptocurrency and blockchain assets.

Link to Roadmap: https://sanbase-low.santiment.net/roadmap
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