Access to information is just one hurdle investors face when participating in cryptocurrency and blockchain markets. Investors spend countless hours sourcing information and trading all based on extensive market data; a challenging and time-consuming process. WatermelonBlock is a data analytics company with a suite of products that provide cryptocurrency insights to the consumer FinTech market using a combination of sentiment analysis, taken from social media, in addition to traditional technical analysis.
WatermelonBlock evaluates the degree and volume of positive or negative sentiment. Weight is added to sentiment by social media content, posts and author influence. WatermelonBlock’s AI then creates a ranking of coins and ICOs based on an internal system unique to WatermelonBlock. This known as the Melon Score. The initial app will include token use, WMB. WatermelonBlock operates on the NEM Blockchain and co-operates with IBM Watson’s AI to process and analyse big data.
Blockchain and cryptocurrencies are changing the global financial landscape, providing new investment and trading opportunities to retail consumers who have up until now relied on traditional FinTech investment applications. Today, anybody can become a cryptocurrency investor or trader with a minimum investment. This has brought many newcomers to cryptocurrency markets who did not reviously possess the technical know-how in currency trading. For instance, a taxi driver or a pianist can trade or invest in cryptocurrencies and ICOs in their spare time with a small amount of funds and make higher returns than with traditional market retail investment applications.
Successful cryptocurrency traders have one thing in common - they do not guess. To make consistently positive returns, they dedicate days, if not weeks, researching their first currency purchase. It can take them months or years to develop technical and market specific knowledge to invest in multiple cryptorelated assets effectively. It is important to note that this time is not free - aside from forfeited work and personal activities, this time can often mean missed opportunities, when an investor has been too slow to capitalize on profitable opportunities.
This is where WatermelonBlock comes in - making cryptocurrency, ICO investment and trading simple enough to fit any lifestyle, while being smarter and faster than traditional investment analysis.
As part of its Phase I implementation, WatermelonBlock will provide actionable insights in real time while making the whole investing and trading process simple, easy, reliable and trustworthy. This will be done with the help of proprietary algorithms and the robust, scalable processing power of IBM Watson Artificial Intelligence (AI).
WatermelonBlock‚ s phase II implementation, targeted to be launched in the third quarter of 2019, intends to analyze information which would take human minds hundreds and thousands of hours to process. This makes the process faster, more efficient and accurate using AI and machine learning that factor in behavioral finance and economic methods of analysis. WatermelonBlock will be able to cleverly analyze market sentiment by combining technical and social big data sets. Utilizing the efficacy of AI, WatermelonBlock will not be vulnerable to the biases of any particular investor, group or strategy.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder | Singapore Rated on Sep 1, 2018
4
4
4
10%
Very technical project with a convincing use case of blockchain. Team is well setup to accomplish this technical mix. All that aside, the sector is actually rather competitive and will require strong execution.
PhD | Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor Rated on Jun 25, 2018
4
5
4
10%
Good and big team. Good advisors also.
Great and very perspective vision.
KYC verification passed. Is good too.
Product not bad, but need improve it in my mind.
Add in marketing, please.
Good luck, guys!
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert Rated on Jun 24, 2018
5
4
4
10%
Great and strong team also advisory board too ..... vision looks quite good basically I love big data and artificial intelligence projects ..... will wait for the MVP .....
Entrepreneur | Data Analyst | Investor Relationship| ICO Marketing & ICO And Blockchain Consultant & Advisor Rated on Jun 24, 2018 Modified on Jun 24, 2018
5
5
4
9%
Experienced team and top experienced Advisor board with a quite innovative product and a great vision. I personally like Big Data and AI projects .
ICO advisor|Crypto-asset and ICO investor| Libertarian|CEO of Block Venture Project Rated on Aug 3, 2018
5
4
2
8%
Team - strong experience and decent devs. Good advisors.
Vision - not an original idea so far as the sentiment analysis for crypto-market goes, but it looks like a good attempt at making a platonic version. I like the card integration too. Sentiment analysis is very much worthwhile in a disjointed, imperfect market which crypto-market is at the moment. A comparison of why this platform works better than available sentiment analysers would have completed the WP and shown were the project lies in the market place.
Product - no working product, but beta testing is underway at the moment. Will mark accordingly when available.
There is definitely a market for a good SA in the crypto-market in its current state. This project could provide it. Good luck to the team in implementing this.
Ex Cointelegraph and NewsBTC Media Group | Founder and CEO at Belkin Marketing Rated on Aug 13, 2018 Modified on Aug 13, 2018
3
4
3
8%
Team's blockchain expertise raises questions. I would like to see more relevant experienced advisors on the board as well, as a potential investor. MVP is not there yet, very sad.
Entrepreneur, Marketing Advisor, ICO Advisor Rated on Jul 13, 2018
4
5
2
7%
I'm not as convinced with the team. Personally. Becoming an authority in the market, for instance... I don't know. Would have liked to see more financial analytics experts or cryptocurrency experts, a whole bunch of them, ideally. But otherwise looks good.
The vision I think is absolutely beautiful! Am eager to see this explode!
In terms of the product, though, just one question. I understand the ai comes in to analyze these "opinions", "comments", etc. But who, according to you (and therefore your programmable ai), is an "Expert"?
I feel the validity and success of this is going to hinge on that one question. And at this point, talking blockchain, talking ICOs, talking cryptocurrency markets... is there really an expert there on whose opinion the system is going to base judgement?
Account and Investor Relations Manager at Utopian Capital Rated on Jul 13, 2018 Modified on Jul 13, 2018
5
5
4
6%
Watermelon Index and ICO tracking utility are all seamlessly linked to keep
users within the WatermelonBlock ecosystem. I like this foresight and the well-written whitepaper. Anything well-laid out like this will hit its hardcap.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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Final stage development of WatermelonBlock the free iOS insights application.
2
Q3 2018
The ICO public sale begins.
Release iOS and web based wallet.
Early stage development of WatermelonBot AI investment fund application.
3
Q4 2018
Release of the premium version of WatermelonBlock insights app on iOS and Android, featuring ICO analytics and portfolio.
WatermelonBlock token listed on major exchanges.
Release WatermelonBlock free iOS insights application.
4
Q1 2019
Launch of WatermelonBlock news service and proprietary investor confidence indexes.
Release of dossier of trading strategies that users have trialed using WatermelonBlock.
Launch of WatermelonAnalytics Business Sentiment Analysis Tool.
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