An app that does due diligence on Crypto
An app that does due diligence on Crypto
Hi everyone, I am thinking of developing an app that pulls the latest news, and market sentiment and uses fundamental and technical analysis to basically perform DD on any crypto.
It is still very much an idea, I have managed to pull live market data and implement technical analysis.
However, before putting in a major investment of capital and time, I’d like to get everyone’s feedback as to whether this is something you’ll be interested in using and how much would you be willing to pay if it consistently gave you good callouts.
Consider this a market fit research.
This idea is familiar to one a Dev and I spoke about recently…
That thought sounds good! There is a need for an app that does a lot of research on cryptocurrencies, especially one that gives accurate information. I would be interested, and I think other people would too if the callouts are always right. To get people to sign up at first, you could give a free trial or a tiered subscription model.
I’ve talked about this kind of thing with friends for years now. I think there’s a lot of good money in crypto not coming out with the millionth new token but in secondary help like this. There’s thousands of different analysts and paid analyst subscription services for the stock market, but crypto still relies on youtube and Twitter influencers and just “DYOR!”
Lark Davis does a newsletter and I’m sure others do. Most seem to rely on paid Discord channels. I think Token Metrics does a little of what you’re suggesting.
But I think there’s a good place for a service, maybe something bi-weekly, which covers all the bases–BTC TA, trends, sentiment, buy/sell strategy, how to buy pre-sale tokens, etc.
You’d no doubt need a big marketing budget to make people aware of this and would have to avoid people thinking they’re paying to be shilled tokens.
$15-$30/mo I think would be good. Can’t make it too cheap or the product looks cheap.