OVERVIEW
The monitoring of the evolution of blockchain and cryptocurrency market is now made possible through the innovation of Vespucci. Vespucci came to existence through the Volentix ecosystem, it is a new system developed by Pythagoras Systems. Vespucci has the capacity to monitor the various evolution of blockchain and cryptocurrency markets by employing the power of cutting-edge AI and Machine Learning technology to deliver an equitable, robust and up-to-date rankings which represents the actual value and potentials of large numbers of coins. Vespucci is a well designed system or platform for both experts and non experts. Some of the services provided by the platform (Vespucci) to non- experts includes:
• An intuitive analytical agent and overview of cryptocurrencies.
• A rating system of cryptocurrencies with risk assessment.
• And a dashboard for cryptocurrency news

In sort, Vespucci could be referred to as the backbone of the Volentix ecosystem sharing in its values of decentralized governance, peer privacy, public ledger through a public blockchain, open-source software and ease of use. Vespucci is one of the four core pillars of the Volentix digital assets ecosystem. Vespucci curdles with the multi-currency peer-to-peer wallet ‘VERTO’, the incentives-based recruitment platform ‘VENUE’, and ‘VDEX’ the decentralized exchange.
BENEFITS OF VESPUCCI TO TRADING
Vespucci implements one of the main function of the Volentix ecosystem, Vespucci, asides being a digital asset audit and assessment utility also function as a tool to chart and to juxtapose tradable digital assets. It provides a dashboard for cryptocurrencies’ activity in the digital world.
Vespucci offers users of digital asset an environment for efficient trading, by bringing to board an intuitive analytical agent and rating system for assets, through a spectrum of sources which is categorized into three pillars as stated below:
● a sentiment gauge for Sentiment Analysis (SA),
● Technical Analysis (TA), and
● Fundamental / Technological analysis (FTA).

1- SENTIMENT ANALYSIS:
Based on the assumption that Market in much of the time is apparently inefficient – investors tends to overemphasize data that come easily to mind and in most cases tend to persists in a mistake.
Public confidence and sentiment is a major significant factor that affects the ranks and the value of crypto-coins. Sentiment can not be ruled out of cryptocurrencies monetary valuation and as such, Vespucci ranking platform adopts Sentiment Analysis (SA) to ensure efficiency. Vespucci SA component is a well collected and analyzed comprehensive data sources from a broad spectrum covering vast majority of public opinion. Vespucci Sentiment Analysis component is built in phases. The first phase will showcase the implementation of a centralized cloud based, highly scalable, Big Data ingestion mechanism. And the second phase is the scoring tools, adapted and enhanced in a manner that will focuses functionality to cryptocurrencies. However, subsequently, a software shall be developed for this task.
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2- TECHNICAL ANALYSIS
Statistics gathered from trading activities such as price movements and volumes are analyzed using Technical analysis. It is a trading tool engaged to evaluate securities and identify trading opportunities. Technical analysts so much relies on the analysis of price movement, they belief that history tends to repeat itself. Price movements tends to trade within a trend or range, and there is a numerous number of techniques and indices for data analysis. Vespucci will focus on certain simple techniques, such as Keltner Channels, , RSI, Bollinger Bands, moving average crossovers, MACD, and some advanced methods, such as Fibonnaci, and Ichimoku Kinko Hyo.
3- FUNDAMENTAL AND TECHNOLOGICAL ANALYSIS
To combat differing challenges, various blockchain technologies have been developed. As such, Quantitative Analysis from a technological perspective is required to appraise and correlate the various network statistics by different blockchains in order to give a real-time view of the cryptocurrency. This task of ‘Fundamental and Technical Analysis’ is widely supported by blockchain explorers such as, coinmetrics and cryptocompare which is combined by Vespucci. Coinmetrics as an open source crypto-asset analytics service, provides daily data for the top most cryptocurrencies (about 64 currently). And Cryptocompare – a platform with live cryptocurrency data, having on its API the provision of historical and live streaming cryptocurrency data, such as, pricing, volume and blockchain explorer data derived from multiple exchanges and blockchains. Some features which is obtainable from the CoinGecko API will also be combined
Further more, the results of the Sentiment Analysis element is made available joint with all the Technical and Fundamental and Technology Analysis outcomes to the consumers in order to ensure an all round perspective of every coin's conditions and rank to portray the coin's true worth and potential.
I invite you to check the links below for more information about Vespucci and how it works in details:
Website: https://vespucci.site / https://volentix.io
Green paper : https://vespucci.site/green-paper
Whitepaper : https://vespucci.site/etc/Vespucci-whitepaper.pdf
ANN: https://bitcointalk.org/index.php?topic=5022472.msg45307298#msg45307298
Telegram Community: https://t.me/volentix
Twitter: https://twitter.com/Volentix
Facebook : https:// www.facebook.com/volentix
Medium: https://medium.com/pythagoras-systems-news-updates
Github: https://github.com/Volentix
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Disclaimer: This article was created in exchange for a potential token reward through Bountysuite bounty portal