July 4, 2017 – Two years ago today, we were sitting on the edge of our seats, eyes glued to our laptops, begging the universe to not let the Santiment website crash.
Visitors were flooding in, each rushing to claim a stash of SAN tokens, freshly minted and out on the market for the first time.
It seemed like something out of a movie. A dream was coming true right before our eyes.
Our ICO had launched, and we now had the chance to make our “Bloomberg for Crypto” – real.
Since then, the going hasn’t always been easy.
We tried some stuff that didn’t work.
We tried a lot of stuff that HAS worked too, but it wasn’t apparent right away.
And we’ve built some cool things that we’re pretty proud of.
Screens from our flagship product, SANbase
Through it all, we’ve kept at it… expanding our small group of crypto traders to 30 full time professionals stationed around the globe, working nonstop on bringing expansive crypto metrics, plus visual and text-based human insights, into the most holistic crypto data intelligence platform around.
Because, just like everyone else, we were… and are… looking for answers.
A way to know which crypto assets might be good to hold, or which to fold.
A sense of what the price might do. Could we spot the bottoms, and tops? Avoid buying into FOMO or selling under FUD?
Could we detect real vs fake activity, see how projects are using their technology, or in general – better understand crypto lifecycles?
So we could all… as a crypto community… support, benefit from, and bring transparency to these new decentralized, for-the-people economies.
What a set of data intelligence it has become:
- Nearly 150 datafeeds (pretty close to the 200 we estimated in our early white paper)
- Coverage of vast on-chain data for Bitcoin, Ethereum/ERC-20, EOS and more (growing). We offer the widest set of metrics for ERC-20 tokens out there.
- Live metrics like MVRV with a proven track record for showing the bottoms
- Most powerful emerging trends detection and social hype to measure the tops (we haven’t revealed the latest developments on this one just yet… but we can’t wait to share! Very soon!).
- All plotted against price for easy correlation, plus tools available for those who want to analyze and build their own prediction models.
Apart from the breadth of our data, we’ve also custom-built a variety of metrics like the MVRV for ETH/ERC20 and Long/Short Difference for BTC, which are unavailable anywhere else. So beyond simply collecting and aggregating data, we’re developing new ways to understand the crypto market as well.
And just recently, we integrated our data services with Bitfinex, one of the original and largest exchanges in the industry (we’re really looking forward to growing this partnership!)
When we look at Santiment services now, they could be described with this structure:
How Santiment Delivers Value
An ocean of data feeds into our clusters, which crunch the data into visualized metrics. Then humans further refine the metrics into signals, and finally… we get valuable insights into what crypto is doing. Development-wise, we’d place ourselves at the Signals/Pattern Recognition level… as we cross into high orbit, actionable Insights are within reach.
As far as SAN token usage, we’ve implemented SAN as a payment/discount mechanism and have earned some real, paying customers! Plus, rewards and partnership staking programs are under development:
SAN Token Uses and Economy
So, what’s next?
How do we proceed to help you, our loyal community, gain even more clarity in crypto?
This is the next step for us – to deepen user engagement.
We’d love to hear from you, and for you to trial our services:
Web app for social trends study, assets tracking, signals and insights
Advanced charting and dashboards
Bring Santiment data into your Google sheets
- Santiment API
For personal and commercial development
Plus… we’re about to release some new features around social tops detection. We’ve been building models and tools around this for a few months now, to detect local tops based on crypto social media chatter/sentiment, and we’re feeling pretty good about their ability to signal short-to-medium term “high” price points.
If you’d like early access, sign up before the end of the weekend, July 7, to claim your spot!!