Blockchain

CoinAnalyst Corp. a company that provides an artificial intelligence-based big data analytics platform which delivers detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators to investors in the digital asset sector and other industries, announced today its plans to roll out an enhanced Sentiment Analysis for passion-based NFTs."2021 has seen the meteoric rise of the non-fungible ...

CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company"), a company that provides an artificial intelligence-based big data analytics platform which delivers detailed AI-powered analysis of market sentiment, fundamentals, and technical indicators to investors in the digital asset sector and other industries, announced today its plans to roll out an enhanced Sentiment Analysis for passion-based NFTs.

"2021 has seen the meteoric rise of the non-fungible token (NFT). The data we collect shows a strong correlation between passion and investment, which is especially true with NFTs. As passion grows for a particular art, the price increases. Adding these indicators will allow our sentiment analysis to evolve in a big way as Web 3.0 emerges," said Andrew Sazama, COO of CoinAnalyst.

In an August 19, 2021, article entitled: 1,000 true fans? Just two will do with NFTs, Li Jin of Atelier describes the passion economy as an economic system that allows and encourages people to make money while following their passions. NFTs are a new tool that assist creators in reaching their true fans and forming lasting relationships with them. (https://cointelegraph.com/magazine/2021/08/19/passion-economy-creators-arent-fungible-li-jin-of-atelier)

NFTs use the blockchain to prove ownership and to confirm the authenticity, scarceness, and uniqueness of a digital asset. While Web 3.0 defines the passion economy through the creation of high-quality content and services.

"An area of particular focus for the Company will be the music industry. Musicians and artists are at the forefront of the passion economy and are seeking alternative ways to monetize. Through partnerships, CoinAnalyst intends to leverage exclusive content which feeds into our big data analytics platform, and ultimately, to our subscribers," said Pascal Lauria, CEO of CoinAnalyst.

The music industry has been slow to change, locking up artists by controlling production, distribution, marketing, and promotion. For every superstar there are countless others that are beholden to their label. This control, along with rampant piracy, has led artists to find alternative ways to grow their own platforms.

Kurt Patat, the former SVP of Communications at MTV/CMT, wrote in a July 9, 2021, article: "Crypto allows performers of all levels to own their financial relationship with fans instead of relying on the traditional record label system and/or tech giants to serve as a middleman. Artists are using NFTs to earn a years' worth of streaming revenue in one day and unlock unique experiences for fans without relying on a centralized platform to facilitate it. Moreover, crypto gives artists control over their own economic success." (https://www.fastcompany.com/90651595/for-the-music-industry-cryptocurrency-will-be-as-disruptive-as-mtv)

About CoinAnalyst

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

For more information, please contact:

Andrew Sazama
Chief Operating Officer and Director
Email: contact@coinanalyst.tech
Phone: + 49 69 2648485 - 20

For Media interview requests, please contact:

Nelson Hudes
Hudes Communications International
Email: nelson@hudescommunications.com
Phone: (905) 660-9155

Forward Looking Information

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105791

News Provided by Newsfile via QuoteMedia

The Power Play by The Market Herald Releases New Interviews With Mobi724, Datametrex, Prophecy DeFi, good natured Products, and Star Navigation

The Power Play by The Market Herald has announced the release of new interviews with Mobi724, Datametrex, Prophecy DeFi, good natured Products, and Star Navigation discussing their latest press releases

The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives.

Keep reading... Show less
PROPHECY DEFI'S INVESTMENT COMPANY LAYER2 BLOCKCHAIN CONTINUES TO IDENTIFY AND DEPLOY CAPITAL INTO HIGH YIELD DEFI OPPORTUNITIES

PROPHECY DEFI'S INVESTMENT COMPANY LAYER2 BLOCKCHAIN CONTINUES TO IDENTIFY AND DEPLOY CAPITAL INTO HIGH YIELD DEFI OPPORTUNITIES

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES /

Prophecy DeFi Inc. (" Prophecy DeFi ", " Prophecy " or the " Company ") (CSE: PDFI) is pleased to provide investors with an operational update on its wholly owned subsidiary, Layer2 Blockchain Inc. (" Layer2 Blockchain ", " Layer2 ", or the " Company ").

Keep reading... Show less
CoinAnalyst Corp. Announces Proposed Acquisition of RockStock Equities Inc.

CoinAnalyst Corp. Announces Proposed Acquisition of RockStock Equities Inc.

CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company") is pleased to announce that it has entered into a binding letter agreement (the "Letter Agreement") dated January 11, 2022 with RockStock Equities Inc. ("RockStock") and all of the shareholders of RockStock™ (the "Vendors"), in respect of the acquisition by the Company of all of the issued and outstanding shares in the capital of RockStock (the "Transaction").

About RockStock

Keep reading... Show less
Banxa Records 337% YOY Increase for December Transaction Volume

Banxa Records 337% YOY Increase for December Transaction Volume

Highlights:

  • December 2021 Total Transaction Volume (TTV) of AUD $185m (USD $133m)
  • December 2021 quarter TTV of $594m (USD $429m) which is more than double the prior quarter
  • Year on Year increase of 337% for month of December 2021
  • Signed 14 new partners in December, including Ledger, Bitget, zkSync and gmx.io
  • Added support for 18 coins and chains, now supporting a total of 80

Banxa Holdings Inc. (TSX-V:BNXA) (OTCQX:BNXAF) (FSE:AC00) ("Banxa" or "The Company"), the world's first listed payment service provider (PSP) and RegTech platform for the digital assets industry, is excited to announce a 337% increase on Year on Year growth for December 2021, with a TTV of USD $131 million

Keep reading... Show less
ocean washing away "2021" in the sand, leaving "2022" untouched

Blockchain Outlook 2022: Blockchain Tech Maturing, Cryptos Still Volatile

Click here to read the previous blockchain outlook.

The blockchain market continues to expand as exciting new opportunities gain traction with investors. But what could 2022 bring in terms of actionable potential?

The world of blockchain ventures is vast, ranging from cryptocurrencies to non-fungible tokens (NFTs). The possibilities seem endless on this side of the digital market, and thanks to increasing interest and adoption, 2022 is shaping up to be a landmark year for the space as a whole.

Here the Investing News Network (INN) takes a closer look at the future of blockchain investment in 2022, with perspectives and commentary from experts in this exciting field.

Keep reading... Show less

The Power Play by The Market Herald Releases Interviews With Rover Metals, Northstar, Baseload Energy, Stratabound Minerals, and CoinSmart

The Power Play by The Market Herald has announced the release of a new interviews with Rover Metals, Northstar, Baseload Energy, Stratabound Minerals, and CoinSmart on their latest news

The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives.

Keep reading... Show less

Latest Press Releases

Related News

×