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What is NewsCrypto?
NewsCrypto is a multifaceted project aimed at revolutionizing the cryptocurrency landscape through a global analytical ecosystem and on-chain tools. With a primary focus on simplifying cryptocurrency trading and enhancing accessibility to decentralized finance (DeFi), NewsCrypto endeavors to empower individuals regardless of their crypto experience. Its mission is twofold:
- Develop a new global analytical ecosystem facilitating successful cryptocurrency trading.
- Create a suite of on-chain tools to enable anyone to maximize the opportunities offered by DeFi.
Although the project bifurcates into on-chain and off-chain aspects, both share a common goal of accelerating crypto adoption and fostering inclusion. Stemming from observations dating back to 2015, the founding team identified the absence of trustworthy crypto information, particularly for non-programmers. In response, NewsCrypto was founded in October 2019, prioritizing self-funding to maintain unbiased content.
Project Background
The inception of NewsCrypto traces back to 2015, driven by the founders' recognition of the lack of reliable crypto information accessible to non-programmers. This idea materialized into NewsCrypto's foundation in October 2019, with a deliberate decision against ICO funding to uphold impartiality. Instead, funding originated solely from the founding members, ensuring autonomy from external influences.
Today, the NewsCrypto team comprises top traders, developers, specialists, and advisors, all compensated in the NWC token, aligning incentives with the community's interests.
Project Specification
NewsCrypto offers two tiers: Basic and Professional. The Basic tier provides essential tools and educational content for free, while the Professional tier offers advanced tools accessible via NWC token subscription. Additionally, the Community Predictions section fosters user interaction and rewards based on contributions.
System Architecture
The architecture of the NewsCrypto platform is designed to accommodate high volumes of data, seamlessly merging information from both user inputs and blockchain transactions. A pivotal component is the scalable wallet system, which offers users a secure means to store their NWC tokens. Custom software integration plays a crucial role in ensuring the platform's scalability, allowing it to adapt to growing demands and evolving user needs. This architecture not only facilitates efficient data management but also enhances user experience by providing a robust and reliable infrastructure for accessing and interacting with the platform's features and functionalities.
Components
Mobile Application:
- Features state-of-the-art market and portfolio tracking.
- Offers a Community Predictions section for user interaction and rewards.
- Soon to include essential trading tools and indicators.
Mobile Wallet:
- Developed for secure storage, receipt, and transfer of NWC tokens.
- Non-custodial with modern authentication methods.
- Provides balance tracking and transaction history.
Platform:
- Centralizes crucial insights for trading decisions.
- Divided into Basic and Professional tiers, offering essential and advanced tools respectively.
- Includes educational resources through the NewsCrypto Academy.
Stellar – Polygon Bridge:
- Facilitates the transfer of XLM tokens from Stellar to Polygon as wXLM.
- Utilizes various security mechanisms for transaction data transmission.
- Provides a simple interface with quick transaction confirmation.
Partnerships
NewsCrypto's partners: Chainlink, Polygon, Enjin, Travala, Freela, Pirate, Zignaly, Elrond, Lossless, Syscoin, KuCoin, Secret Network...
Project Development
The roadmap for NewsCrypto outlines a progressive journey aimed at continual innovation and expansion within the cryptocurrency space. Initiatives for 2024 prioritize progressive decentralization, with governance decisions increasingly democratized to empower the community. This approach ensures that the project remains responsive to the evolving needs and desires of its user base.
Additionally, plans include the integration of a host of new financial products accessible to all token holders, enhancing utility and value. Furthermore, a novel protocol, yet to be disclosed, promises to introduce innovative functionalities bridging the gap between the crypto and fiat worlds. Notably, NewsCrypto's foray into gaming and the metaverse signals a forward-looking approach, leveraging emerging trends to create immersive experiences for users. Cross-chain governance will democratize decision-making, allowing token holders to vote on development proposals directly from their wallets across various chains.
Expansion of the native wallet to support multiple chains and tokens underscores the project's commitment to accessibility and user convenience. Finally, partnerships with leading professionals and projects across the crypto space signify a collaborative effort to drive innovation and propel NewsCrypto towards its ambitious goals.
Numerico Price Analysis
As of November 24 2024 Numerico has a marketcap of $25M. This is {{percentagefromath}} from its all time high of $2.22. In terms of its tokenomics, there's a total supply of 270M with 63% currently outstanding. Keep in mind Numerico has a fully diluted value of $40M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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