WHAT IS BITSCREENER
it’s no secret that the cryptocurrency market cap has grown faster than the broader crypto industry. This means that the options for tools to help hold, track and manage your cryptocurrency are still pretty slim. Today most crypto-enthusiasts try to do this using complicated and bloated Google spreadsheets. But that only works if you’re meticulous about recording each transfer and trade and have been so since you made your first crypto purchase.
In Q1, 2017, bitscreener team launched the beta version of BitScreener iOS App called Crypto Tracker by BitScreener. With more advanced features that are unique such as filtering and technical charting features, the App quickly attracted more than 1000 Daily Active Users (DAU) during the first month. In Q4, 2017, we added real-time trading crypto pairs to enable live price quotations and charts directly from exchanges. For example, users can track and draw chart for LTC vs EUR from exchange GDAX. In March 2018, the App achieved the milestone of 50,000 DAU. Totally, BitScreener App and Web have served over 1.2 million traders and investors. Importantly, there have been more than 45,000 positive reviews from users worldwide, that are publicly viewable on the Apple App Store (Fig. 9). The US App Store alone has 13,200 reviews with the average rate of 4.7 out of 5.0. BitScreener App constantly stays in the top 500 most downloaded financial apps in many countries including United Kingdom, Australia, Singapore, Canada, and Vietnam. With the objective of building an ecosystem that is accessible on any device, the team has been developing both App and Web versions. Since it was launched on July 14, the platform has served millions of traders and investors. BitScreener Ecosystem is a fusion of several technologies: it has the data collecting and processing component like CoinMarketCap or Finviz, the financial crowdsourced content delivery like SeekingAlpha and MarketWatch, the voting mechanism like Wikipedia and StackOverflow and the incentivization using blockchain-based tokens. decrease moral hazards and optimize the use of digital contracts in general. Ethereum implementations of the smart contract could enable the coding of contracts that will execute when specified conditions are met. A blockchain smart contract would be enabled by extensible programming instructions that define and execute an agreement. For instance, Ethereum Solidity is an open-source blockchain project that was built specifically to realize this possibility by implementing a Turing-complete programming language capability to implement such contracts
BITSCREENER, A WORKING PRODUCT, IS UNLIKE OTHER ICOS - HERE'S HOW
Different from other existing systems, BitScreener, is designed to accommodate both crypto and stock data in a single platform. It works similar to CoinMarketCap for crypto and Finviz for Stocks. BitScreener, from a financial data processing and content delivering context, removes the boundaries between stocks and cryptocurrencies. This will allow traders to do their due diligence for their trading decision on a single platform. The success of the crypto domain can be translated to the success of the stock domain. It is also worthwhile to note that some of those functionalities have already been implemented in our iOS App (Crypto Tracker by BitScreener4 ) and Web (https://bitscreener.com). The information on BitScreener is high-quality, multi-sided, and un-biased based on the wisdom of the crowd. Adopting the voting mechanism from Wikipedia and StackOverflow, any information can be scrutinized by the community. Because each action is reflected in the amount of BSP of the viewers, the action will have to be authentic. Furthermore, the information posted is not final - it will always be improved by any other viewers or editors with higher qualifications. This design ensures the consistency in the quality of the information submitted. The methodology of “content quality increment” by the crowd is popular among famous content portals including Wikipedia and StackOverflow. In addition, because users have their profile posted and voted, any action of “pump-and-dump” is much more difficult than that of the prevailing social media. BitScreener is unique compared to other platforms. In particular, it is vastly different from the platform Steemit. BitScreener addresses the specific problem of the financial world while Steemit is a multipurpose blog. Additionally, BitScreener is also distinct from other platforms such as CoinMarketCap, Yahoo Finance, SeekingAlpha, Investopedia, and TradingView as it has a community forum with rewards based on performance-driven points and blockchain-based tokens. And it merges the primitive financial data system with content created by users as well as integrated equity markets within the new crypto market - all in one ecosystem.
UNIQUE FEATURES
BitScreener is unique compared to other platforms. In particular, it is vastly different from the platform Steemit. BitScreener addresses the specific problem of the financial world while Steemit is a multipurpose blog. Additionally, BitScreener is also distinct from other platforms such as CoinMarketCap, Yahoo Finance, SeekingAlpha, Investopedia, and TradingView as it has a community forum with rewards based on performance-driven points and blockchain-based tokens. And it merges the primitive financial data system with content created by users as well as integrated equity markets within the new crypto market - all in one ecosystem. Table 1 compares BitScreener with some common platforms
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