Introducing the Svandis Research Community and Internal Analytics Team

Traders using the Svandis analytics platform will receive data before the majority of crypto-market participants.

This is the first of a four-part series describing the key elements of the Svandis ecosystem: (1) Svandis Research Community & Analytics Team (this article), (2) the DataMining App, (3) Certified Reviewer & Researcher Gamification, and (4) the Svandis Marketplace for third-party access.

The Research Community and the Svandis Analytics Team are the central players in the Svandis ecosystem. Their roles, and in particular the Community’s role, will enable traders using the Svandis platform to receive all necessary crypto-data in one place before the majority of market participants.

Structure and Roles Within the Svandis Ecosystem.

The Community will consist of both (a) Community Researchers and (b) those running the Svandis DataMining Application on their devices.

Svandis Community Researchers

Svandis Community Researchers are incentivized with Svandis tokens (SVN) for submitting, verifying, and mining data. Submittable data from the Research Community may be qualitative (e.g., news, information from AMA or events, rumored partnerships, etc.) or quantitative (e.g., a new crypto-project has a circulating supply of X, hard cap is X, etc.).

As Community Researchers submit data for verification, other verified users (i.e., other Community Researchers) will verify the data. As a user’s participation increases by (a) submitting unreported, verifiable data or (b) verifying accurate data submitted by other users, their reviewer level will increase. And, as their level increases, their voting power and SVN rewards increase, which allows them to have more influence on data in the ecosystem.

The Community will comprise of thousands researchers submitting data daily. With the rapid number of crypto-projects launching, it is not possible for a data platform to have a comprehensive and consistently updated database of tokens and cryptocurrencies without the assistance of thousands of individuals sharing information to a central source. Svandis will therefore have the most comprehensive, fasted to be updated, database for all tokens around the world, leveraging the power of group information sharing and the fragmented nature of information across populations.

Participants in the Svandis Ecosystem.

Existing solutions have limited cryptoassets added because of the centralized nature of data updates. As of May 13th, 2017, Coinmarketcap, for example, only adds assets with a daily trading volume of at least $100,000; otherwise, with their limited resources and employees, it is impossible to track all necessary changes. This is the same problem encountered by all other centralized solutions. It is resource intensive to search, verify, and submit new information. Svandis will have hundreds of trustable high-level community researchers, who will be able to verify all the information submitted to the platform (using the Svandis consensus).

The Community will be driven by a gamified experience. Users will have both material (SVN tokens) and non-material (badges, achievement levels) incentives to find, submit, and verify valid information. Users will be able to increase their user level and receive public achievements, both of which contribute to an accelerated SVN reward structure. Machine learning algorithms will be used to rank users. The Svandis ecosystem will have a unique, intelligent mechanism of incentivizing researchers to produce more work and receive more rewards as their participation increases.

To summarize, Community Researchers will receive SVN for submitting/verifying data on cryptocurrencies and tokens. This data will enable Svandis users to receive reliably validated and actionable data before the majority of crypto-market participants, while saving tremendous time.

The Svandis Analytics Team

The internal Svandis Analytics Team will provide the expertise necessary to conduct analysis and approve the content that is offered to users of the service. Like users in the Research Community, the Analytics Team will submit and verify data on cryptocurrencies and tokens.

They will be responsible for validating the input from the Svandis Community. Their work will cover ICOs, token sales, project updates, classification of the most important news to ensure that breaking news is promptly identified, and more. The growing team consists of senior analysts, researchers, editors, and developers working with data-grabbing technologies.

From launch, the Svandis ecosystem will include a comprehensive database of cryptoassets (tokens, coins, cryptocurrencies and ICOs), which aims to rival existing crypto-information sources. Users within the Svandis community will be invited into the Beta Community Research prior to a public launch.

The Svandis ecosystem will be an industry first — a comprehensive crypto-research and visualization platform that combines crowdsourced data and machine learning.