1. What is Bitcurate?
Bitcurate is a data intelligence platform for cryptocurrency. We help crypto investors make better decisions with real-time insights through sentiment and prediction analytics. We analyze millions of data points daily on exchanges, trading data, tech stack, social media, search and latest news to help you gain an unfair advantage, today.
2. What is Sentiment score?
Our proprietary Sentiment score is an analysis of the representation of the crypto sentiment polarity. Sentiment polarity and scores are made available to gauge how is the outlook of the market towards a particular cryptocurrency by analyzing the relevant tweets, Reddits, Telegram chat groups.
3. How do you quantify it?
It is a percentage score from 0% to 100%. 90% is an extremely positive sentiment of the market towards the coin while 10% would be an extremely negative sentiment. 50% sentiment score would be a neutral score.
4. Is this proven and backed by academics?
There is a historical correlation that is proven to exist between the market sentiment and the actual prices of the coins. We intend to use data science and machine learning to prove the correlation between sentiment and crypto momentums.
5. How accurate is the sentiment analysis?
Based on our current dataset and algorithm, we are able to achieve 86% accuracy of the sentiment analysis. This is one of the best results in the market currently.
6. What is the use of “floating ticker”?
Our solution is to provide an easy to use and simple dashboard allowing users to get real-time and up-to-date data available to them at their fingertips.
7. Where is the data originated?
Our data are a collection of verified sourced of crypto focused information. We collect millions of data points daily from Twitter, Reddit and Telegram group chats. We are planning to increase and improve this from multi-language channels as well in the near future.
8. How frequent is the data? Is this consistent?
We are collecting more than 200,000 data points every hour and is processed and analyzed real time. On average, we are collecting and analyzed 5,000,000 data points daily.
9. Data can be trusted? How does this work?
It is our pledge is to ensure our data is unbiased, analyzed fairly and openly and useful for the investors. We believe in a transparent system to ensure the industry grow and trustable.
10. How many cryptocurrencies do you support?
We do not support any specific cryptocurrency. We work hard to provide you with unbiased data, to help you make better investment decisions. As of current, we are tracking more than 53 major cryptocurrencies globally and we intend to analyze each and every cryptocurrency with active trading volume.
11. Languages support? Which region is the focus?
Currently, we only support English. We are working towards other language capabilities in the near future. We intend to provide the most value and leans towards the Asian market.
12. What does the graph represent?
The graph on the dashboard represents 3 different metrics. It represents the time and Sentiment score for any coin at different times. The size of the bubble represents the current price, the movement along the Y-axis represents Sentiment Score and the X-axis represents time.
13. Can I trade with Bitcurate?
No, Bitcurate is a data analytics and information platform. We do not allow facilitation of trade at the moment.
14. Is this an Initial Coin Offering (ICO)?
No, this is not an ICO project.