CoinAnalyst is a big data analytics platform powered by artificial intelligence (AI) that allows traders in the cryptocurrency asset sector and other businesses to access a dashboard that monitors and analyses real-time data from the cryptocurrency and initial coin offering (ICO) markets. The Platform gathers all important information on cryptocurrencies and initial coin offerings (ICOs) in near real time from all available sources. The software from CoinAnalyst analyses online social media, identifies influencers, and provides sentiment research, forecasts, and trade signals for the top 100 cryptocurrencies.
Being the first publicly traded firm with a risk management and analytics platform powered by artificial intelligence. This platform has been dubbed “The Bloomberg Terminal of Digital Assets” or “When Palantir Meets Digital Assets” by many users.
The platform is essential for investors, traders, and other market participants because it provides risk management and analytics tools that are pertinent to today’s crypto markets. Because online influencers wield a lot of power in today’s crypto markets (as we’ve seen with Elon Musk), technologies like web sentiment and influencer tracking can help traders make better judgments. In exchange for a membership fee, traders can “piggyback” on Coin Analysts’ complex algorithms and trading techniques using the company’s Copy Trading solution, which was launched in 2018.
There are presently 73.4 million shares outstanding, equating to 80 million fully diluted shares. The modest amount of fully diluted shares will appeal to investors, as it implies we can see more significant variations when there is volume. Insiders have locked up 5,520,000 shares, or 7.5 percent of the float. We could consider this number quite low but still exceptional for an emerging company. We did not see any buying or selling from insiders for the last 3 months. Last year, we witnessed insiders granting stock options for an exercise price of $0.20. It represents a 100% upside compared to the current share price. It will be interesting to see what actions the company will trigger to reach the exercise price level.