The Good Tech Companies - Unpacking the Power of Data-Driven Weekly Predictions in Web3
Episode Date: May 9, 2024This story was originally published on HackerNoon at: https://hackernoon.com/unpacking-the-power-of-data-driven-weekly-predictions-in-web3. Discover how Weekly Predictio...ns revolutionizes crypto investing with Karim Chaib, founder of Dopamine, offering data-driven insights for informed decisions. Check more stories related to finance at: https://hackernoon.com/c/finance. You can also check exclusive content about #wealth-management, #ai, #blockchain, #karimchaib, #web3intelligence, #weekly-predictions, #crypto-trading, #good-company, and more. This story was written by: @phillcomm. Learn more about this writer by checking @phillcomm's about page, and for more stories, please visit hackernoon.com.
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This audio is presented by Hacker Noon, where anyone can learn anything about any technology.
Unpacking the Power of Data-Driven Weekly Predictions in Web3 by Phil Com Global.
By Kareem Chabe, founder of Web3 Intelligence and DopamineAim excited to share with you the
transformative potential of our weekly predictions tool in the realm of cryptocurrency investment.
In the dynamic world of DeFi, understanding the market and each coin is
not just important, it's essential. The space is constantly evolving and fluctuating at a rapid
pace. Individuals who are not crypto-native often feel the barrier to entry in a space that many
have deemed speculative and unpredictable. A recent survey shows Thaven with the many inroads
in the decentralized finance and cryptocurrency space. A significant amount of users are still unsatisfied with the convenience of application
use and access to one's wallet. At my firm, we are striving to break down these barriers by
building extremely powerful, one-stop platforms for users to learn, invest, and track the
performance of cryptocurrency in real-time. One of our innovative projects is Dopamine,
and our weekly
predictions tool is bringing investment in cryptocurrency up to speed, arguably surpassing
today's traditional finance, tradfi, banking sector. At its core, weekly predictions is a
tool that analyzes vast amounts of data both readily available and proprietary. By combining
blockchain analytics with social sentiment analysis, Predictions offers a holistic
view of the market landscape, providing the user with accurate and actionable information.
In a 2024 survey, 75% of respondents who own crypto use it as an investment tool and do not
own crypto to make secure payments, to buy NFTs, or because they think it will replace currencies.
Considering this overwhelming investment-centric attitude, the people who are bearish around crypto have been avoiding the space
because of the lack of regulation and security and or the feeling of not knowing how to buy it
and what to do with it. Dopamine and its regulation and date-heavy framework create an environment
where users can feel comfortable enough to educate themselves and feel confident in the process of
buying, owning, and investing.
We gather data from transaction volumes, historical price movements, and in-chain activities of various cryptocurrencies. This data is then combined with AI modeling that
takes into account internal user interactions, external Web3 engagement, and data from external
Web2 social platforms. This creates a truly comprehensive view of the market sentiment
and landscape. This multipoint data-driven approach allows users to make more informed
decisions about when to buy, sell, or hold their crypto assets. You may think it is akin to having
your own personal quant in an app, and you would be wrong. The predictions are designed to approach
the crypto market while wearing the hat of a traditional financial advisor. While the weekly predictions report and content only refresh
weekly, the platform keeps up with real-time changes and movement, similar to any TradFi
day trader. However, unlike these TradFi platforms, Dopamine is pulling back the curtain on users'
assets through the ease of use and readability of the platform, simplifying it for even the
most novice users.
We're also highly dedicated to educating our users and enthusiasts about the most important
concepts in trading crypto.
Our interface has been streamlined and simplified to create a pleasurable and intuitive user
experience that encourages experimentation and exploration.
However, while fun and exploration are vital aspects of the platform, dopamine and
dollar dope, the token used to unlock the weekly predictions feature seek to avoid the actual
gamification and pump-and-dump ethos that has come to burden the crypto community.
Each report highlights a selection of coins for the week that have measurable data for users to
engage with. Unlike generalized crypto news reports, the content offers discussion around each coin,
with associative analysis that is tailored to current holdings in one's wallet.
In summary, the weekly predictions tool is a testament to the potential of data-driven
insights in the crypto market, empowering retail investors to make informed decisions
with democratized access to crypto trading, and it ultimately contributes to the growth
and maturity of the crypto market overall. Whether you're a seasoned trader or a newcomer to crypto,
the tool is a valuable asset in your trading kit. Through leveraging the power of blockchain data,
advanced algorithms, and AI, we're able to provide users with key insights into market
trends and sentiment, helping them make more informed investment decisions and ultimately
making the engagement with cryptocurrency more intuitive, enjoyable, and safe.
About Kareem Chab
Kareem Chab, founder of Web3 Intelligence,
com and the architect behind the groundbreaking super app Dopamine,
is a serial entrepreneur and a pivotal figure in shaping ETF and digital asset infrastructure
components of major banks such as UBS, BBVA, Signum,
and world leader core banking system Avalok. His expertise extends to pioneering the integration
of open banking and artificial intelligence technologies in collaboration with IBM.
Under Karim's leadership, Web3 Intelligence.com has emerged as a premier Web3 platform,
offering an intuitive app that not only caters
to everyday consumers but also engages children through gamified learning of seed phrases.
The platform also powers dopamine, TV, and their innovative dollar dope token serves as a licensing
model, setting a global standard in AML and driving Web3 innovation across various businesses.
Karim's notable contributions include leading
teams of world-renowned cryptographers, such as Gennaro, Goldfeder, Paylier, Gubin, and DEFI
guru André Cranier, further cementing his status as a visionary in the field.
About Dopamine The ultimate crypto wealth management tool,
blending AI and compliance infrastructure with super app capabilities was deployed primarily on Solana before expanding to a multi-chain ecosystem. Dopamine gives you the power to
manage all your wallets and all your centralized and decentralized exchanges with the latest AI
and compliance advancement. You can connect your banks and participate in launchpads,
RWA, and much more. Dopamine token is licensed token for the app but also for banks and
exchanges to access all the API and source code that is built by Web3 Intelligence.
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