| Company | Coinalytics |
| Address | Andhauserstrasse 71 Berg, Thurgau 8572 Switzerland |
| Founders | Fabio Federici & Petter Samuelsen |
| Founded | November 18, 2013 |
| Funding | None |
| Employees | 1 |
| Website | www.coinalytics.co/ |
| Rating | 2 bits |
Coinalytics is a very young Big Data Startup that still has a long way to go in developing their product. They currently have just the two co-founders working on the project, which is still in private Alpha and not yet accepting any customers, except signups. However, because of the area the focus on we have decided to include them on this website.
They are developing an analytics framework that is scalable and that focuses on the Bitcoin ecosystem. The objective is to empower the Bitcoin community and help them in taking the right decision with a real-time 360-degrees view. With the volatile Bitcoin market this is an interesting approach. Their key aspect of the framework is to aggregate heterogeneous data from a variety of sources such as social media, forums, news, market data etc. and to combine it for insights that could lead to better decision-making.
Coinalytics was founded by Fabio Federici, who just came out of university, and Petter Samuelsen, an iOS developer. They have not secured any funding, have not patents but were named “Most Innovative Idea 2013” – Startup Weekend Berlin in November 2013.
The Bitcoin market is extremely volatile and it is yet unsure where this market will be heading. Insights in this market are therefore very welcome for its users. We therefore do think, if they correctly execute the platform and the Bitcoin becomes a true replacement for normal money that there is room for such a tool. However, because of the uncertainties we currently give them a 2 bits rating.