SANA, or the Santiment Network, is a datafeeds and market intelligence platform for the cryptoasset markets. The native SANA token is used to reward users who contribute data and analysis to the network.
The Santiment team aims to build a “Bloomberg Terminal” for cryptocurrencies.
The SANA token sale took place in June 2017 and raised $12 million USD. The Santiment team is based in Switzerland.
The Santiment Network offers a variety of datafeeds on cryptocurrency prices, social media activity, project development activity, and more. The platform also includes a market intelligence tool that allows users to create custom alerts and filters.
NOTE: WARNING: ‘What Is SANA Ethereum?’ is a cryptocurrency-based platform that is not officially endorsed by the Ethereum Foundation. It has not undergone any formal security review, and its use carries a high risk of financial loss due to potential flaws in the platform or malicious actors exploiting those flaws. Users should always exercise caution when using any form of cryptocurrency.
The SANA token is used to pay for access to the Santiment Network’s datafeeds and market intelligence tools. Tokens can also be used to reward users who contribute data and analysis to the network.
The Santiment team is currently working on adding new features to the platform, including a “decentralized exchange trading terminal” and a “portfolio management tool.” The team is also planning to launch a “Crypto Asset Certification program” that will allow projects to verify the accuracy of their project information.
The Santiment Network represents an ambitious effort to build a comprehensive market intelligence platform for the cryptocurrency markets. The platform’s datafeeds and market intelligence tools could be valuable resources for traders and investors alike.
The SANA token provides holders with access to the Santiment Network’s services and enables them to participate in the network’s governance.
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