During Malta AIBC Summit we had the great opportunity to talk with the CEO of Cryptonavia: Nicolas Vaiman.
Cryptonavia is a comprehensive and flexible solution to analyze the crypto market.
Aim: help traders and investors to build trading strategies on 3000+ cryptocurrencies.
Target: crypto enthusiasts, traders, banks & funds.
What Cryptonavia does: there’s a growing number of tradable assets, and it has become a full-time job for investors to filter out and prioritize information. The multitude and variety of available data can be both a burden and a strategic opportunity.
Online communities are active to an unprecedented extent. Participants are constantly sharing opinions and insights on various social platforms, creating a new type of alternative data. This has proven to be very influential in the cryptocurrency market and a key element to the reputation of a coin. Political and regulatory news from the cryptospace are decisive factors in price action, as demonstrated recently following Chinese blockchain endorsement. Announcements and updates of a single coin are also important: new listing, feature, etc. Coding activity from GitHub provides relevant indicators on a project’s development, proficiency, and potential mass adoption. Blockchain is a multifaceted industry, and we could go on mentioning relevant data sources.
The question is: how can investors keep up with this ever-growing number of data sources and information? How to improve research and due diligence?
They launched Cryptonavia hoping to provide the community with a simple way to gather information and build trading strategies on 3000+ digital currencies. Traders tailor it to their needs and interests using:
• Live market data
• Live news and coins announcements
• Social trends and sentiment
• GitHub activity
What makes Cryptonavia different from the competition: a thorough crypto coverage with 3000+ crypto assets. An entirely customized and neutral by design dashboard, ideal to be integrated into exchanges.
Employees: 3 co-founders with an engineering background.
Time of existence: One month since the creation of the company.
Future plans: hire employees, implement automation based on machine learning.
Blocktoq representation during the interview