Analytics are the intellectual heartbeat of crypto. Serious traders know to look far beyond a simple token name and the noise generated by Twitterati in order to gain a competitive advantage in the market. Those who use analytics to map out their trading strategy are, by and large, the most successful traders. As crypto adoption explodes, and the new bull run dawns, knowing what’s going on before it occurs in the mainstream is the key to not just making profits, but making fortunes.
The Need to Actively Reward Analysts
Analysts, then, should be rewarded. And they are. But the economy of rewarding them is as siloed and inconsistent as the early days of blockchain itself. Most analysts earn their crust through taking up bounties — performing specific analysis in reaction to financial reward put up by a trader or institution looking for insight that they would otherwise struggle to obtain. It makes sense. You offer a reward and people rise to meet it.
The problem is this is a highly reactive analytical situation. It also means that analysis gradually agglomerates around the most high-volume markets, making analysts scrap for bounties providing an abundance of information that, by the time it gets to the person requesting it, might already be too useless and too late to act on.
There is some pre-emptive analysis, but this is mainly done by hotshot analysts looking to make a name for themselves so they can build their social footprint. Or, they are individuals looking to get hold of a juicy private sector contract and, as such, as soon as they do — they stop posting their analysis for all to see, instead sequestering it behind corporate firewalls.
Reactive analysis is still useful, but it doesn’t truly help get ahead of the game. It only makes you realise the game being played after it’s happened. Proactive analysis — one that truly spots trends — is the true ticket to great wealth and the path to a comprehensive understanding of the market, and a sophisticated trading strategy to go with it. However, inspiring proactive analysis is tough. It’s hard, for one. It might not ever be seen or rewarded.
The intrinsic motivation to continually stay ahead of the curve is not there for most analysts, who would rather earn set fees from specific clients asking for deep dives on one specific micro-section of the blockchain economy. If analysis is reactive, it only sees what people already want to see. It does not uncover what people do not already know.
How Glint Rewards Proactive Analytics
Glint Analytics is a community-driven analytics platform whose on-chain economy actively rewards pro-active analytics and encourages analysts to explore the dark corners of the new decentralised internet to unearth the useful truths that lay behind the arcane ledger of TXIDs.
On Glint, any analyst can create a dashboard and post their insights, with community approval of their work through likes, favourites, sharing and commenting translating directly into tokenized reward that is not just one-off, but ongoing. If a bold new analysis of an unheralded chain sparks a capital rally into that token (or capital fight), that is rewarded not just one time, but every single month.
The Glint smart contract autonomously pays out tokens based on how many users react to an analyst’s work, and consistently so. It moves the model of analysis from one-off client payment to building a body of work that is rewarded far into the future. It empowers analysts to become masters of their particular field that interests them, and to continually upgrade and update their dashboards to represent the latest movements, knowing that they will be paid as more and more users come to them to gather their insight and employ it when it comes to trading.
Analysts who make a name for themselves are not then tempted to stop working, but rather incentivised to continue building their dashboards. Analysts don’t hope someone will pay for their work, but rather know that their work will be paid continuously. As they add to the great tapestry of understanding that we as a community, wrestling with these new tools, are only just beginning to understand, their place in the community is galvanised by real reward, and real motivation to keep going.
How Glint Makes Us All Analysts
Glint doesn’t just offer this opportunity to those already familiar with the byzantine architecture of the blockchain, but to anyone. Glint employs NLP AI to query blockchain explorers and helps newbies to the analyst game explore this brave new world in comforting terms. Glint wants to make all of us professional analysts. In some sense, we already are. We can all see the line go up a chart. Glint gives us the tools to mature that understanding and to delve deep in the ‘mysteries’ of on-chain activity.
Because, really, the blockchain is no mystery at all. One of the core tenets behind the value of crypto is its immutability, its accountability, and its traceability. All the truth about what is going on in the crypto industry is already there for anyone to see, if only they could understand it. Analytics in crypto will become continuously more important as adoption grows and ever more people get to grip with the intricacies and alien-like nature of these decentralised ledgers. Glint helps anyone and everyone see what’s going on. Glint helps those users chase their interests with natural incentives. And gives them a route to share, and profit from their insight.
The sooner we all become more au fait with on-chain analytics, the better. Glint’s mission is to create a community that does just that. By rewarding pro-active analytics and encouraging users to explore what they care about, not just what gets paid, Glint is creating an organic foundation for the growth of blockchain interpretation as a whole.
Feel instinctively that you have spotted a trend? Glint’s AI and community dashboards can help you hypothesise, test, and confirm your hunch — even if you know nothing about how a blockchain explorer works in the first instance. Then, you can create your dashboard and let others into what you know, safe in the knowledge that should anyone use it, you will be rewarded with far more than just street cred, but real value. In doing so, Glint creates the conditions to make amateur analysts of us all — a movement that will only help crypto adoption across every sector of the economy.
Glint: Proactive Analytics, Proactive Reward
Reactive, bounty-driven analytic paradigms are flawed. Private sector analysis betrays the core crypto ethos of community-driven decentralisation open to all. Glint upends both of those known models. It creates a space where analysts are always rewarded, and everyone always benefits.
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