Cryptoforecast: Where is the value?

Every user who wants to analyze crypto market has a costant issue: researching market data, marketcap classifications, volumes, crypto projects clustering, or any other data.

An increasing number of platforms connect via API to other sites that in many cases report inefficient data and calculated in a very superficial way. By this way, this inefficiency is reflected on a major part of analysis and information sites.
There is also another great problem: Whether you talk about volatility, about correlation between different cryptos, about market and volumes indexes, it remains in fact that we need to jump as crickets between one site and another to have information at 360 degrees.
Our aim is to put order in all this.

Cryptoforecast will work to carry all those information managing this amount of data in a single point. Our webapp will be the real time data platform where you will be able to find all the information you need of to monitor your portfolio and all the market, select the most interesting crypto, analyze price with some different forecasting algorithms.

For example, we are also developing specific tools for allowing users to track crypto stakes held on various exchange and evaluate them also by a fiscal point of view, at least for what current legislation allows to analyze. We care about our users and we perfectly know how is difficult to hold a reliable track of movements on exchanges. We will also develop many service by using API connection with exchanges. Another very ambitious tool, that is still in an early development phase, is coinmap: an analysis tool for mapping all cryptos that will aggregate coins with similar characteristics, for example distinctive technological elements, ROI, Governance, Algorithm, function / destination of use (a market-oriented selection) and many other criteria. All these functions will be added to our service in the next months.

In addition to what has been said, our team is working on some forecasting algorithms. One of these, already operative, is the Forecast, based on some seasonality patterns already observed also in traditional market, that has experienced some very important improvements. Another great project is cryptolearning, fork of pillar algorithm, that reworks many seasonal-based forecasting algorithms already existing in traditional markets. We are also working on an internal marketcap for our user, that will allow to conduct some more selective analysis.

Cryptoforecast’s proposition of value consists in having a complete app that ranges from the single quotation of a coin, to tax report and fiscal analysis, that you will be able to request while trading via api directly on our platform. All these services will be united with the forecasting algorithms specified above.

Of course, synthesizing moths of planned development is very difficult: this is only a part of the work that we are doing to improve and make grow cryptoforecast project. It will be a long road for development. But this is a road that we are already going in, and you will have a first light on this with the new webapp, that is coming. Stay turned!