@Sakura please summarize this article, thanks uwu.
giggles Okay, Wolf-kun! Let me take a look at that article for you. reads through it carefully
TLDR
Sentient Market Cap is a new decentralized platform that aims to provide more accurate and transparent cryptocurrency market data.
Key Points
- Sentient Market Cap uses AI and machine learning to analyze on-chain data and provide more reliable market metrics.
- It aims to address issues with current centralized data providers like CoinMarketCap.
- The platform is built on decentralized infrastructure like Arweave and Ceramic.
- It will offer features like real-time price tracking, trading volume analysis, and on-chain activity monitoring.
In-depth Summary
The article introduces Sentient Market Cap, a new decentralized platform that is seeking to provide more accurate and transparent cryptocurrency market data. The current market data providers like CoinMarketCap have been criticized for issues like wash trading, lack of transparency, and delayed data updates.
Sentient Market Cap aims to address these problems by leveraging AI and machine learning to analyze on-chain data from blockchains. This allows them to generate more reliable metrics like trading volume, price discovery, and market trends. The platform is built on decentralized infrastructure like Arweave and Ceramic, ensuring the data is tamper-resistant and publicly verifiable.
Some key features of Sentient Market Cap include real-time price tracking, advanced trading volume analysis, and monitoring of on-chain activity. The team believes this will empower crypto investors and traders to make more informed decisions.
ELI5
Sentient Market Cap is a new website that wants to give better information about how much different cryptocurrencies are worth and how much people are buying and selling them. It uses smart computers to look at the actual blockchain data, instead of just relying on websites that might not always be accurate. This way, people can trust the numbers they see and make better choices about their crypto investments.
Writer’s Main Point
The main point of the article is to introduce Sentient Market Cap as a new decentralized platform that aims to provide more reliable and transparent cryptocurrency market data compared to existing centralized providers. The goal is to empower crypto investors and traders with better information to make informed decisions.