Santiment provides a crypto data feed platform that gives stakeholders a comprehensive view of the crypto market, much like Bloomberg does for traditional markets. Founded in 2016 and officially launched in 2017, the team invites data scientists, traders and investors to access data on the platform and share their insights. The goal is to facilitate a clear view of market activity, a better understanding of participants' behavior, and the ability to make better investment and trading decisions.
The data that Santiment provides includes project development activity, on-chain activity, community sentiment and crypto cash flow. The team has enlisted researchers, traders and developers to analyze this data and provide research reports, price and trend insights, technical analysis and opinions.
The SAN token is a utility token with three main purposes: payments (for subscription discounts), staking (for accessing some services for free), and rewards for those who contribute data to the network (under development).
In 2018, the team developed data feeds primarily for ERC-20 tokens, followed by the same for Bitcoin and EOS while laying the groundwork for gateways to other blockchains. The team also completed unique algorithms for measuring social metrics, including emerging topics in crypto (which can help participants spot peaks and valleys in price activity). The team is using 2019 to work on a diverse set of features: social/reputation systems, self-publishing systems, third party integrations and more data feeds for major blockchains. Decentralization is currently a high priority.
In this tag, read Santiment (SAN) coin news, price predictions, opinions and analyses created by users.