The CoinFi database will enable users to monitor and analyze real-time crypto market news alongside price charts in ways that are currently impossible with existing tools. It changes the current delivery frequency of market news from delayed, to near real-time.
For an investor, especially one new to the cryptocurrency space, the ability to identify correlations between news and historical price movements is crucial to gaining an understanding of the markets. The ability to quickly review a price chart and correlate market movements with relevant news adds tremendous value for traders.
There are multiple proprietary trading signals our team is looking to build based on models used by high frequency hedge funds.
While CoinFi will seed the platform with internally developed quantitative models, the platform will also allow traders to share and monetize their own trading signals, applying the wisdom of the crowds to quantitative modelling in the crypto space.
There also exist multiple trading algorithms our team will develop based on models used by high frequency hedge funds, including identifying best price execution exchange, trade cloaking for high volume inflows/outflows on illiquid tokens, sniper algorithms for obtaining liquidity, and more.
For more details, please see the CoinFi white paper.
Prototype: Develop foundation for real-time news platform: Commit a179fdd on Oct 31, 2017
Prototype: Initial trading signals: Commit 45150ca on Nov 9, 2017
2018Q1: Platform
- News and content aggregation overlaid on price charts per cryptocurrency
- Obtain minute-level historical price data and market data feeds for cryptocurrencies
- Develop editorial procedures, begin in-house compilation of news aggregation on existing cryptocurrencies
- Search and filter functionality
- User authentication and authorization
- Social functionality including upvote/downvote and sharing
- Prototype of machine learning algorithms for content classification, quality assurance, and fraud detection
2018Q2: Personalization
- Accept staked tokens for advanced functionality
- Custom cryptocurrency portfolio dashboard
- Custom newsfeed / watchlist
- Custom email subscriptions for specific cryptocurrency newsfeeds
- Allow users to follow others’ portfolios
2018Q3: Economy
- Launch premium subscription for content
- Sentiment analysis of real-time news data per cryptocurrency
- Accept community content contributions
2018Q4: Trading Signals
- Abnormal volatility detection
- Abnormal price movement detection
- Abnormal volume detection
- Increased social mention detection
- Best price exchange identification
- Best currency pair identification
- Source code release detection
- Launch premium subscription for trading signals
- Accept community contributed trading signals
2019Q1: Trading Algorithms
- VWAP (Volume Weighted Average Price)
- TWAP (Time Weighted Average Price)
- BWAP (Block Weighted Average Price)
- Sniper
- % of Volume
- Target Close
- Implementation Shortfall
- Launch premium subscription for trading algorithms
- Accept community contributed trading algorithms
2019Q3: Auction Framework
2019Q4: Combining / Customizing Signals
Note that the roadmap outlined above is subject to change based on user feedback, market conditions, and the competitive landscape. It is merely intended as an overview to explain the features that CoinFi intends to implement on the platform.