“When was the company founded and what is the reason behind the company?”, asked Jolly. “The company was founded in early 2018,” said Sazama. “We are actually one of the few companies that have been able to survive the crypto winter, having started back then,” he added, before elaborating on the Company’s strong focus on using big data and AI to create transparency for the crypto community.
“We have been building the platform here over the last two years and are really excited to be relaunching in the coming months our Insights 2.0, which is a new and improved version of the current insights platform,” said Sazama, adding that the platform is designed to make it as simple as possible for beginners or experts to research tokens, coins, NFTs, and more in the crypto space.
“We’re breaking it down not only by coin and token, but also by different sectors,” explained Sazama, before elaborating on the Company’s numerous indicators. “We’ve actually created an indicator which is a price predictor,” added Sazama, noting that the Company’s Bitcoin predictions currently have a 55-70% accuracy rating.
“How do you plan on making money?”, asked Jolly. “With the Insights platform, we’re planning to launch a simplified app on a freemium model,” said Sazama. “Our Insights platform is actually a software-as-a-service; there is going to be a monthly fee,” he shared. “Finally our third product, which is going to be coming out sometime in the first quarter of 2022, is called Insights Pro,” said Sazama. “It will include all of our indicator components inside of a trading terminal.”
To close the interview, Sazama encouraged listeners to keep up-to-date on the Company’s current and upcoming projects as they continue to expand and develop their Insights platform and strive to become the main provider of transparency for the crypto industry.
To hear Andrew Sazama’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/7989800-coinanalyst-coo-andrew-sazama-featured-on-the-stock-day-podcast
CoinAnalyst provides an artificial intelligence-based big data analytics platform that enables investors in the digital asset sector and other industries detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators. The platform monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/initial offerings). The software monitors news sources, tracks influencers, scans online social media, and provides sentiment analysis, forecast and trade signals on the top 300 digital assets (more are added regularly). Additionally, the software system provides news, price quotes, and allows for messaging. A mobile version and professional terminal are in development with expected availability in Q1, 2022. The platform is accessed through a monthly subscription model, which ranges in prices depending on whether the plan is basic, professional, or corporate. The platform is sold through business-to-consumer (B2C) and through business-to-business-to-consumer (B2C2C). To learn more about CoinAnalyst: www.coinanalyst.tech.
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This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Forward-looking statements in this news release may include, but are not limited to, statements with respect to internal expectations, the Company being able to successfully execute its business strategy, statements regarding the development of a mobile version of the platform and professional terminal, the continued availability of capital and financing, and general economic market or business conditions. The forward-looking statements and information are based on certain key expectations and assumptions made by management.
Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, general economic conditions, the state of the regulatory environment in which the Company operates, competition, loss of markets, inability to access sufficient capital from internal and external sources, currency and interest rate fluctuations, and other risks. Please refer to the Listing Statement for more details on the risks faced by the Company. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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