Santiment (SAN): The New Bloomberg for Cryptocurrencies

in #cryptocurrency7 years ago (edited)

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This is a new project that’s been called the Bloomberg for Crypto, and I for one am kind of excited to see how this plays out.

Santiment will provide free information and also allow you to purchase more detailed information by staking Santiment coins. They will also allow users to purchase additional information by using fiat currency to encourage more adopters.

They held a pre-sale in February and used those funds to begin development of their mobile app- currently in alpha stage. They anticipate the majority of their traffic will come from mobile users.

The Information provided by Santiment and its partners will include ICO analysis, market size research, regulatory and legal updates. They’ll also supply you with sentiment data feeds that will reveal crypto-patterns like volatility, and other indicators.

In addition to these data feeds, Santiment plans on building a database for all accumulated, relevant, detailed information for crypto projects. Think of it like a wikipedia for cryptos, where users will be able to make proposals to change inaccurate information and submit information on brand new projects.

There’s a big part of me that is happy that there will be a place where I can find all sorts of detailed information about a crypto project, but the cynical side of me is apprehensive about any one entity being able to control this type of information, that is, information that can drastically influence the success of any one crypto project.

So I want to encourage you to remember that although Santiment is awfully promising and I’m probably going to be checking it out myself, don’t let it completely replace your own independent research.

Additional Reading/Sources:

Medium Article Explains SAN
Santiment Website
CrushCrypto Article
CryptoCoinsNews Article
Investitin Article
CoinMarketCap Status

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nice very nice.......................

Really cool info!

Thank you for the heads up on this one. I signed up for their 'newsletter.' Hopefully I can get in early.

Heidi, u have such a beautiful smile!

I like what I see here. Heidi is my Favorite Lady of all in the Crypto world. You just keep on Traveling Beautiful Lady..........................

Great info dear! I only hope that the people behind the project are honest and will not censor crypto currency information as much as possible.

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Thanks for the upvote :)

No problem (: I've been following you on Youtube for awhile, I like your videos a lot!
Keep up the awesome work!

Checked off the little bell on YouTube so I can get every update on your videos.

Whats the story behind you traveling? It is really awesome what you are doing. I want to travel to New zealand next year and every time I see a video of you I want to leave strait away ... ;)

If you go back to my first posts here on Steemit you'll see how it all started :) Pretty much Steemit has majorly helped me realize my goals for perpetual travel! :)

What is your opinion about investing money in steem power at this point? Would you say it is still possible to generate some "passiv income" on steemit? Because I thought about doing a travel blog of New Zealand.

Haven't been to New Zealand yet! Is there anything in particular you want to do/see there?

I will be done with my Masterprogram this year and then I would like to work there in my field, and as soon as I have enough money buy a camper & and a surfboard of some form and just go where ever it sends me...

How can we make use of these SAN? is this another kind of steemit or just an application to analyze crypto market?

I believe it is going to be an application where you can find information on crypto projects, and depending on how much you are willing to stake, or purchase with fiat will determine how much information you're allowed access to.

So the highest bidder gets all the inside info? /s

It's not an auction, it's a subscription.

Good point, it's an interesting concept but I am skeptical. Like you said in the video, centralized portals for investment info are risky.

Awesome Stuff @Heiditravels, resteemed you :)

Awesome! Thank you for the support :)

Very good article
Wish you good luck

Thanks for sharing!

The queen of crypto pumping out another awesome video and great info for the steemit masses. You rock Heidi! Upvote and resteemed. Your content will always get that from me. Always inspiring and motivating.

Thank you, I will keep my eyes on this.

Regards to know ya steam friends .. hopefully we can be friends well

This is vey interesting! Thanks for sharing.

very interesting!

You've got a fantastic channel - the quick recaps of these projects are invaluable.

On another note, it looks like you're hitting all the travel destinations I hit when I first started my channel! Do you have a fav spot so far?

If you ever want to be on the BTC Sessions for an interview or to collaborate in any way then that would be fantastic. Either way, I'm happy being a follower of your content.

Nice insight. Knowledge is guidiance and you have suceeded in guiding me. Nevertheless, i will still do my research om this and patiently await latest news ....

Gracias por compartir está información.
Me encanta viajar y por lo que veo a ti también, a mi me encantaria recorrer el mundo. Pero primero mi bella Venezuela

saludos desde mi pequeña venecia @heiditravels

Well, it seems this article/youtube had some nice influence on the price.
Hopefully the momentum continues and more positive news/developments are released.

i'm going to stay cynical about this one and stay on the outside looking inward like @heiditravels

Is this it's own blockchain or is it a token on ETH or some other network?

Does this really need a token? Seems a little silly.

Thanks for sharing value able information

I foresee a lot of self-proclaimed 'crypto gurus' emerging due to the information gained from Santiment. Looks very interesting, but as you said, it can't really beat old-fashioned research!

Bloomberg for cryptocurrencies is such a big void in the market, glad to see more people willing to tackle the problem - at the end of the day we all benefit from great blockchain projects, doesn't matter who built it.

If you find the concept interesting I encourage you to take a look at our offering and our blog. We have some exciting updates about our roadmap coming up shortly. And we're pretty active on steemit and will gladly answer any and all questions you might have!

https://steemit.com/cryptocurrency/@rados/the-data-problem-of-cryptocurrency-investors

Found you on YouTube, stocked you on Steemit. Jk. Liked and followed. Have a nice day.

Interesting! and i mean the project, not that the girl from the video is so excited about crypto (but it is also interesting :D )

Wellcome dear......Nice intro ..... keep it up
follow me i will follow back
comments on my post i will comment back.
upvote on my Post i will upvote back...

Good stuff! We have also written unbiased ICO analysis about Santiment Network Token (SAN), that goes much deeper than most, pointing out strengths & weaknesses of this crypto project. - https://steemit.com/cryptocurrency/@ipa-news/santiment-review-usdsan-5min-read