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DraftKings top investor backs CoinScan to become ‘home page’ for crypto analytics

September 21, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Crypto analytics platform CoinScan secured $6.3 million in a funding spherical that included Shalom MecKenzie, DraftKings’ largest personal shareholder.

Per a Sept. 21 assertion shared with CryptoSlate, CoinScan differs from different analytics platforms, offering free in-depth crypto charts alongside safety features to offer merchants an edge available in the market.

How CoinScan plans to revolutionize crypto analytics

CoinScan is about to bolster dealer safety by providing invaluable insights into crypto dangers and rewards. The platform is rolling out a collection of protecting options to fight scams, together with a security verify, holder evaluation, airdrop evaluation, and social sentiment.

Moreover, CoinScan goals to deal with the problems of value inconsistency and potential bias that plague some platforms. It intends to attain this by offering in-depth charting insights and sourcing clear knowledge from various market channels.

CoinScan additionally introduces its pending transactions function, permitting merchants to preview a token’s value trajectory earlier than confirming their transactions. Equally, CoinScan’s market navigation web page equips merchants with the instruments to check and scrutinize comparable tokens earlier than funding choices.

CoinScan’s CEO, Eliran Ouzan, underscores the platform’s mission of making the crypto knowledge resolution they wished existed. He emphasizes the worth of streamlining analysis and evaluation processes to guard towards scams, recognizing that no one desires to spend extreme time navigating the intricacies of crypto knowledge.

“We’re not simply giving merchants an edge, we’re introducing instruments that permit new buyers to enter the market with free, accessible, unbiased info that may permit them to succeed,” Ouzan added.

MecKenzie in contrast crypto to sports activities betting in his remarks and famous that customers deserve instruments that would supply danger and reward knowledge. He added:

“CoinScan is introducing a hub of crypto info that customers can lastly belief for correct, real-time insights. I see CoinScan as turning into the house web page for anybody concerned within the crypto business.”

The submit DraftKings prime investor backs CoinScan to turn out to be ‘residence web page’ for crypto analytics appeared first on CryptoSlate.

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