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Coinmarketcal supplies valuable information about crypto-related events to the market. The network was born out of a desire to provide an organized location. There, investors could find vital data about the ever-expanding crypto market. Today, the platform offers an extensive suite of features. These services enable investors to monitor for potential catalysts across the entire industry.
History of the Coinmarketcal
Coinmarketcal entered the market in 2017 to create one place to find all helpful crypto-related events. At that time, the market was going through a significant bull run. In addition, the introduction of token standards increased the number of coins in the market substantially.
Sadly, investors missed out on many of these launches and airdrops. That’s mainly because they never knew about them in the first place. This situation made it evident early that the crypto market would need some kind of calendar system. Such a feature would keep people in the loop.
The earliest versions of these platforms were single corporations or even personal operations. As such, they lacked data and verifications systems. This led to most of these centralized operations closing down within a matter of months. In response to this need, the developers behind the Coinmarketcal platform devised a decentralized manner to tackle the problem.
Coinmarketcal provides the solution to this problem by incorporating blockchain technology into the equation. The platform enables users to submit crypto-related events directly to a public calendar for free. Therefore, it solves the first problem that plagued earlier platforms which was a lack of data.
The crypto market is so large today that a single person could never keep track and monitor its entirety. Enabling users and projects to list their data ensures that you always have new events hitting the calendar daily.
Coinmarketcal introduces interesting data verification processes to solve the second problem that ailed early calendars, incorrect or spam information. To ensure that only correct data makes it on the events calendar, Coinmarketcal introduces a community voting system. All events go through this voting verification process that eliminates the events that can’t be pass validation. This simple yet effective method of verifying data is what makes Coinmarketcal more accurate than its predecessors.
Earn for Events
Anyone can submit an event on Coinmarketcal and earn tips. You simply need to include your BTC address in your calendar event listing to be eligible for tips. However, this incentivization scheme isn’t the main reason why people use the platform. Its real draw is that its information is timely and accurate.
Users can keep track of all the latest crypto happenings using the Coinmarketcal bot. This bot publishes events on Twitter as they receive approval, thus enabling investors to be ahead of the trends. In addition, bots make it easier to keep on top of the market. That’s because their data pops up in your timeline. You can also go to the bots page and scroll through the latest events.
Dapp developers can also leverage Coinmarketcal data using the network’s API. This secure protocol provides a reliable way for an application to access and deliver data to the events calendar. In addition, the API provides a powerful tool to developers to create another layer of value in their Dapps.
Another cool feature about the platform is its mobile app. Users can get market updates directly to their Apple or Android devices using this free download and use application. Best of all, you can set up the Dapp to provide push notifications. This way, you never miss a crucial market development.
When you enter Coinmarketcal, you notice the platform has accessible navigation features. The homepage features a search function that enables you to sort projects according to their technical characteristics and dates. You can also sort based on exchanges, top performers, DeFi platforms, and keywords.
Coinmarketcal is a free-to-use resource that can drastically improve your market overview. The network provides up to the day blockchain event data to the global crypto community. Anyone from around the globe can access this data and integrate it into their applications.
Recently, Coinmarketcap added support for the NFT community. The network features all the latest NFT releases dates and information. There is even an NFT trending widget located on the homepage that lists the current views and votes.
The significant widget shows projects that are likely to affect a token or the entire market significantly. Here, you may find data on exchange listings or mainnet launches. Significant increases in token values usually follow these events.
The Hot widget provides information on upcoming events and summits. This information is crucial for new projects seeking to get their networks in front of the market. You can also see the vote tally on the box.
Coins with Potential
The Coin With Potential Widget lists projects that have a lot of market momentum. The widget will nominate a project based on a variety of factors. These reasons can include a variety of upcoming
events, listing, and upgrades.
There are multiple different ways Coinmarketcal enables investors to stay connected. One of the most effective ways to monitor the market is through alerts. You can set your alert schedule based on your investment strategy.
The Coinmarketcal newsletter adds more value to the platform. This publication gives more insight into projects of interest and other market trends. Furthermore, the newsletter allows Coinmarketcal to speak directly to users in a more personal tone.
Coinmarketcal – Providing a Valuable Service to the Market
It’s easy to see why Coinmarketcal continues to see growing use in the sector. Investors are eager to integrate more efficient ways to monitor the market. Also, the combination of up-to-date information, verification policies, and added features should turn Coinmarketcal into an optimal choice for users. For these reasons, you can expect Coinmarketcal to remain a valuable resource in the crypto market for years to come.