Crypto Datafeed Platform SANTIMENT Announces Highly Anticipated Three-Stage Token Sale – Blockchain News, Opinion, TV and Jobs

Santiment, the datafeeds platform showing the true state of the crypto markets, announced today that it is launching a three-stage token sale for its token SAN. Santiment will begin a coveted community sale on July 4, 2017, followed by a sale through Cofound.it’s revolutionary Priority Pass mechanism on July 5, and a public crowdsale from July 6, 2017 to August 6, 2017 The token sale has a minimum threshold of 15,000 ETH and a maximum limit of 45,000 ETH. Santiment is the first project led by Cofound.it, the platform for the world’s most innovative startups planning crowdsales.

Santiment founder Maksim Balashevich said:

“Santiment is proud to partner with Cofound.it, the leading provider of best practices for cryptocurrency and token sales. Leveraging the expert guidance of the Cofound.it team and the company’s innovative Priority Pass mechanism, Sanitment is confident of making an extensive token sale that will help us create the platform for market sentiment long requested by the crypto community and provide blockchain activities. “

Jan Isakovic, CEO and Co-Founder of Cofound.it said:

“Santiment is the first of the few selected startups that have gone through the strict selection process of Cofound.it. We are confident that this productive team can deliver their much-needed product to the crypto community. “

By creating a transparent project database, Santiment offers investors a definitive means to identify and avoid nefarious, untrustworthy crowdsale projects. Combined with objective data feeds and content curated by experts, the solution gives subscribers a trading advantage while reducing the risk of their investments.

SAN enables users and exchangers to access information streams and feeds. It is also the only means of accessing auctions for exclusive data feeds and content related to token sales and team analysis, market research, project due diligence, and country-specific regulations. Non-exclusive services are also available for subscriptions paid in fiat currency.

Santiment will focus on serving three key customer bases: asset and hedge fund managers, traders new to crypto markets, and data sales channels. Using the Santiment platform, wealth and hedge fund managers gain access to a number of useful data feeds for quantitative trading. Novice crypto users can get digestible insights into market trends. Data sales channels – including exchanges like eToro, Bittrex, and Kraken, as well as asset management platforms like ICONOMI and Melonport – are getting instant data solutions to give them a competitive advantage in trading.

The Santiment token sale will be divided into three phases: The first 75% of the increase will be open to participation by the Santiment community. The tokens remaining from the community sale and the next 25% of all tokens are available to Cofound.it Priority Pass holders. All remaining tokens are then open to all interested parties. Priority Pass members will be notified by email when Santiment tokens are available. The remaining tokens will then be available during the public sale on July 6, 2017.

The funds raised as part of the token sale will be distributed as follows: 50% will be reserved for data feed development, 15% for data feeds and service acquisitions, 15% for marketing and business development, 10% for operating costs, 5% for legal expenses , and the remaining 5% will serve as a reserve fund.

In the current alpha phase, Santiment has already developed a functioning mobile app. It consists of a historical price feed and charts, a trollbox sentiment feed, and a sentiment journaling game. This combination of feeds is the basis for a growing mobile terminal. Santiment aims to have a functioning mobile and web terminal with thousands of data feeds by 2019 by early 2018.

Balashevich said:

“The Santiment team would like to set up the market data infrastructure that supplies the entire cryptocurrency and blockchain area. The team consists of proven entrepreneurs and crypto traders. To bring Santiment to life, this group of experts is launching a token sale with an innovative mission to create a more informed community. “

As part of the Cofound.it program, Santiment benefits from the advisory team that includes The Business Blockchain author and Ethereum advisor William Mougayar. Week Inside Ethereum Author and Ethereum Ecosystem Expert Evan Van Ness; Blockchain Apps and Incentive Design Expert Vincent Eli; Co-Founder of the Collider Accelerator David Prais; ICONOMI co-founder Tim Zagar; Senior Manager at Deloitte, Lan Filipic; Managing partner of the law firm Novj Rutar Nejc Novak; and Wachsman PR, the world’s leading blockchain PR agency.

Maksim Balashevich said:

“With the support of the community and Cofound.it, Santiment will be the platform of choice for financial market data and content for cryptocurrency and blockchain storage, analogous to the role that Bloomberg and Thomson Reuters play in traditional financial markets. Santiment provides data feeds and content streams, including newswires, as well as a regularly updated database of cryptocurrency projects. The long-term goal is to serve as a market data infrastructure for cryptocurrency and blockchain economy. “

Supporters can participate in the SAN token sale with Ethereum (ETH). SAN tokens are to be traded on major exchanges.

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