Overview
Mobile application for crypto-currency prediction centralisation and analysis based on performance.
The crypto-currency market allows everyday users, traders, and institutions to invest freely and openly in projects in which they believe and consider as having the potential for growth therefore harvesting the fruits of their investment later.
There are many ways of predicting the value of a coin. These methods range from: learning the technical analysis of charts [1], to reading the technical specifications of a given project or even understanding and predicting the markets psychology [2]. All these ways lead ultimately to one of two decisions: either Buying or Selling! This is the only relevant, useful, and pragmatic piece of information which people, who know little or nothing about the crypto market, need to have in order to safely place their investment.
So naturally, the question that comes to mind is: How does the user find this information today?
The current way of gathering information
For a basic user, the easiest and most common way is a simple google search, commonly "Top 10 crypto to invest on in *insert year*". This method is very simplistic and prone to bias from those websites. Moreover, there is a lack of data to prove and track the legitimacy of those sites and most importantly the logic and real analysis backing their claims.
For other users, the process of finding the information goes as follows: seasoned traders and analysts use social media like Twitter and Reddit or apps like Discord and Telegram to make their predictions since these platforms are easy to use and accessible for a big population freely, then, users look for those trader accounts that have a huge followers count or lots of likes on a prediction and try to copy their trades or read their analysis in order to know whether to buy or sell. The issue in this scenario is how can an everyday user, with no considerable understanding in trading, trust someone online and risk their own money based on their prediction? Even with a big following, what if that “specialist” is right only half or less of the times? What if they are only using their fame to make the right prediction shine while hiding all the failed ones by deleting their previous posts?
At the time being, there are no clear metrics to point out who is the best at predicting the price of any given token or what website has the best list of tokens to invest in.
We are here to change that by proposing CoinWave. A mobile app for crypto currency predictions. We aim to centralize the information and make it easier for people to invest with intelligence.
In a nutshell, CoinWave ranks the world's best crypto prediction makers by using the results of their previous predictions, winning, or losing points depending on the accuracy of their guesses. Being highly ranked improves your visibility and reward.
This introduce a new way of earning crypto : Predict to earn. Rewarding good predictions will be done using our own crypto currency, the CWAVE token, paid by the users who want to know the predictions of our best ranked callers.
Don't waste hours looking for the most popular tweets, countless top 10 promising cryptos or shady Telegram pump ad dump groups. Follow the best and invest smart!
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