CoinAnalyst (COY) ICO Review – ICO Token News
CoinAnalyst is a software system that enables any trader in the crypto asset sector and other industries to access a dashboard which monitors and analyses real-time data from the crypto and ICO market. CoinAnalyst is based on the patented Cogia technology which uses semantic indexing and structuring of online data using pattern recognition and artificial intelligence. Additionally, the system provides news, price quotes and messaging. Similar to the information provider Bloomberg in the traditional financial market, we want to become the equivalent information provider in the crypto market – not exclusive like Bloomberg, but open for the mass market.
The value and benefits of CoinAnalyst correlate directly with the size of the crypto market. Based on current trends, it seems very likely that the market for information and data on crypto assets will explode. The stronger the growth here, the more valuable the features of CoinAnalyst become and the higher the probability that many people will use the offered service here. The information value of CoinAnalyst is growing in proportion to the number of users.
Cogia has more than seven years of experience in developing products for intelligent information search, organization and analysis. As a result of many years of cooperation with customers from all areas of the economy and the public sector as well as cooperation with scientific institutions such as Fraunhofer, an innovative product suite has been created that is flexibly tailored to project requirements. The focus is on the Cogia Web Observer, which has been in use for several years in various industries and will also be used for CoinAnalyst.
The application collects texts from the web, including social networks, structures them according to topics and provides automatic analyses regarding the relevant discussions, the central keywords or conceptual contexts and the tonality or dominant emotional orientations.
CoinAnalyst provides the collected data and analyses on a structured platform. This establishes a single point of contact for traders to give them the information advantage they need to maximize profits and minimize risk. The platform offers exclusive analyses, crypto- related data feeds and a constantly updated database for all crypto currencies. This provides a portal that is comparable to coinmarketcap.com and lists all traded coins. If you click on a coin, however, you get much more information. Essentially, these components are offered:
The market data is processed individually according to coins.
- For each coin there is a status quo analysis and a trend analysis.
- A historical analysis can be used to compare current market behavior with previous
- A relevance analysis identifies highly relevant news and posts.
All documents and data are classified by subject and/or coin name. There is, therefore, a central subpage for each coin, which presents all information and data relevant to traders.
The analysis will focus on the mood, which is currently the driving force in the crypto markets. All documents/postings are classified according to their sentiment by a machine- learning algorithm: negative, positive or neutral. This classification shows the authors’ attitude towards certain coins. Sentiment analysis is language-dependent. The following languages are currently supported: German, English, French, Italian, Spanish, Portuguese, Arabic, Russian, Portuguese. Other languages can be implemented as required.
Trading tips are also displayed for each coin, based on the data from tradingview.com. The analysis also takes into account whether a buy or sell is advised.
Pump &Dump notifications
For each coin pump & dump notifications are displayed, as they are mainly made in largeTelegram groups. Subscribers can also receive a direct Telegram or mail alert for quick actions.
The CoinAnalyst Token – COY
We create an ERC20 utility token with the short name “COY”, which allows the use of crypto services within the CoinAnalyst ecosystem. Using the COYs within the CoinAnalyst ecosystem will provide additional benefits for the users – and network benefits to further stimulate CoinAnalyst’s growth.
COY will be used by the CoinAnalyst ecosystem users to purchase the CoinAnalyst’s services. Since the exchange rate of COY will be measured in fiat and cryptocurrencies may fluctuate over time and thus the value of the CoinAnalyst tokens varies, it would be unattractive for new users to keep the price for the crypto services as denominated in COY flat, because then new CoinAnalyst users might have to pay a much higher price for their consumed crypto services than early adopters who have joined the
CoinAnalyst ecosystem right from the beginning. Therefore, CoinAnalyst will adjust the price of crypto services as denominated in COY to keep the service fee denominated in Euro stable thus keeping the purchasing power of the CoinAnalyst token within the CoinAnalyst ecosystem approximately constant over time. Therefore, there may be fluctuations on the amount of COY to be used to pay our services.
- Pascal LauriaCEO & Founder
- Tobias SchnorrCTO & Founde
- Simon HentschelCMO & Founder
- Marc DunbarCFO
- Martin KreitschmannProduct Manager
- Thomas ReuterData Scientist
- Michael KriegerData Scientist
- Alexandra VetterData Scientist
- Alessia IoscoData Scientist
- Hung Xuan Thi DoData Scientist
- Christian SchwirtzKey Account Manager
- Tobias ZimmerBusiness Development
- Monika KrausBackoffice
- 1Q2 2018
- 2Q4 2018
Telegram-based crypto news & social media bot
- 3Q1 2019
Online dashboard for monitoring ICOs & AltCoins news & social feeds
Blockchain-based datafeeds and analyses
- 4Q2 2019
iOS- and Android-based app
AltCoin portal. Exchange sites for information in near real time
- 5Q3 2019
Notifications for social networks and web applications
- 6Q1 2020
Social trading platform
Artificial Intelligence for deeper market analysis and insights