Maxim Balashevich, founder of crypto data platform Santiment, explains why the company is prioritizing general community data over immediate enterprise monetization.
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“There are requests for us to deliver specific kind of data where people, well, mostly it's like hedge funds will be ready to pay for it.”
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More from Maxim Balashevich
Opinion
Most retail crypto projects merely copy traditional finance models
“Most projects doing basically the same for end customers, but they're copying already existing business models from normal, from classic financial economy, like trying to establish, well, some are doing a kind of social trading platforms.”
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PredictionNot checkable as stated
Balashevich sees no active direct competitors building crypto data terminals
“I don't see yet active competitors who are doing on the same level like going very deep down and trying to establish informational layer.
well, I'm sure they will emerge.”
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AssertionContradicted
StockTwits is pivoting to crypto to launch its own ICO
“I think they simply decided to switch or even pivot completely to cryptocurrency, and now they're moving also creating their own crowd sale and what they're doing.”
Maxim BalashevichOct 13, 2017▶ 15:24811: Crypto: After $2m ICO, He's Building the Bloomberg Terminal for Crypto
Opinion
Balashevich views Polkadot as promising due to its technical architecture
“Very, well, I personally like Polkadot. Polkadot? This one? Yeah. Because of the technical background, which is very, very high level.”
Maxim BalashevichOct 13, 2017▶ 16:46811: Crypto: After $2m ICO, He's Building the Bloomberg Terminal for Crypto
Disclosure
Balashevich: Santiment offers fiat subscriptions or token staking for data access
“Now, in order to get access to information we are generating and packaging for you or visualizing, you have basically two means of paying us. One way, normal way, you can buy our services through monthly subscriptions. Like normal paying in dollars or euros or…”
Maxim BalashevichOct 13, 2017▶ 3:34811: Crypto: After $2m ICO, He's Building the Bloomberg Terminal for Crypto
Disclosure
Santiment does not yet sell data or generate subscription revenue
“We are just building the system, so we do not sell the data yet.”
Maxim BalashevichOct 13, 2017▶ 4:16811: Crypto: After $2m ICO, He's Building the Bloomberg Terminal for Crypto
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