Kryptview, a platform that provides peer-reviewed research for digital assets, has scored $650,000 in a pre-seed funding round.
The round saw participation from investors such as Smart Chain, Defi Research Institute, Matters and a number of crypto angel investors.
FinTech Finance detailed that while the cryptocurrency industry is valued at almost $2trn, many investors must rely on fragmented data sources and informal channels to gather information about digital assets when researching tokens and digital assets. This is where Kryptview can help, as the company offers a research platform for crypto assets as well as rewarding its contributors for their efforts.
Founded in 2021, France-based Kryptview offers a peer-to-peer model and blockchain mechanisms to reward the best crypto-analysts while allowing regular users to get high-quality and community-validated information.
Once contributor posts research for review on the platform, community members are required to review it within 24 hours. Research is only published if it secures more than the required mimumum reviews with an approval rating of over 60%.
Kryptview co-founder Samy Nadi said, “ We only have Web2 models for crypto research today. Web3 apps that incentivize users for bringing value are the new way to go. Kryptview ticks all the boxes when it comes to robust analysis tools for crypto assets.”
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