Datnoid Community | Beyond Market Cap
The average cryptocurrency "investor" lacks ammunition when it comes to researching which coin is a good buy or not. There's a lot of new concepts to learn and the information is pretty scattered and hard to find. Certain terms are never explained and traders pretty much only read charts rather than spending the time learning about how crypto works. Sometimes it's more useful to know what other people think.
This is absolutely insane to me, because you're essentially gambling on random acronyms. Add 2,000+ possible tokens to the mix and it quickly becomes overwhelming for most of the population. I believe that 'market capitalization' is a very poor metric when evaluating cryptocurrencies. That's why Datnoid exists. It's a crowd sourced platform for people to learn and share information in one location.
Naturally, the best information will be voted to the top and the trending algorithm allows for people to discover new coins they might never have encountered otherwise.
Check out the datnoid community for yourself :)
we'll eventually have more features added like price charts, a timeline of events, as well as a section for discussion. Let me know what you guys think.
This was built on Node.js and React.
I like the idea because we are thinking about investing in a cryptocurrency but we aren't sure if it's a good buy.
Great, let me know what you find useful or confusing.
the most common requests so far are some kind of anti-shilling metric, to see which users are trolls or paid shills. That's a tough problem to solve since most methods can be gamed.
The other frequent issue is that even with the tooltips to describe things like 'Hashing Algorithm', that some people are still unclear as to what those terms mean.
Also that there is not enough information on each coin itself for people who might be completely new to cryptocurrency.
You might find this useful: https://cointelegraph.com/news/french-regulatory-agency-blacklists-15-cryptocurrency-and-crypto-asset-websites