InvestDigital (IDT) went up $0.004175899 during a day

The ETH software gives the platform a high processing ability on smart contract and low latency data services. The InvestDigital ecosystem uses a …

It was good day for InvestDigital (IDT), as it jumped by $0.004175899 or 20.59%, touching $0.024458837. International Cryptocoin Analysts believe that InvestDigital (IDT) is looking for the $0.0269047207 goal. According to 4 analysts could reach $0.0400276491907549. The highest price was $0.0245781484 and lowest of $0.020282938 for August 7-8. The open was $0.020282938. It last traded at HADAX exchange.

For a month, InvestDigital (IDT) tokens went down -0.69% from $0.02463 for coin. For 100 days IDT is up 501.55% from $0.004066. It traded at $0.002355 200 days ago. InvestDigital (IDT) has 800.00M coins mined with the market cap $19.57 million. It has 800.00 million coins in circulation. It was founded on 13/01/2018. The Crypto IDT has proof type and operates under algorithm.

InvestDigital implements the use of Ethereum blockchain as an asset management toolset and protocol. The ETH software gives the platform a high processing ability on smart contract and low latency data services. The InvestDigital ecosystem uses a unified InvestDigital Token or IDT, which safeguards the ecology while facilitating the flow of members in and out InvestDigital community.

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The Blockchain – powered Zilliqa (ZIL) declined $-0.000232131599999999 on August 6-7

It was bad day for Zilliqa (ZIL), as it declined by $-0.000232131599999999 or -2.41%, touching $0.0094013298. Global Crypto Analysts believe that …

It was bad day for Zilliqa (ZIL), as it declined by $-0.000232131599999999 or -2.41%, touching $0.0094013298. Global Crypto Analysts believe that Zilliqa (ZIL) is looking for the $0.01034146278 goal. According to 7 analysts could reach $0.0231359435059665. The highest price was $0.0096334614 and lowest of $0.0089370666 for August 6-7. The open was $0.0096334614. It last traded at HitBTC exchange. Aproximately 1.90M ZIL worth $18,068 was traded.

For a month, Zilliqa (ZIL) tokens went down -44.21% from $0.01685 for coin. For 100 days ZIL is down -43.37% from $0.0166. It traded at $0.02253 200 days ago. Zilliqa (ZIL) has 5.75 billion coins mined with the market cap $54.01M. It has 12.60 billion coins in circulation. It was founded on 06/11/2017. The Crypto ZIL has proof type and operates under algorithm.

Zilliqa is an ERC-20 token based on the Ethereum blockchain.

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SmartNews: An AI News App for Personalized Discovery

… joined the unicorn club, according to Pitchbook. The CB Insights unicorn tracker now lists nearly 400 startups at a combined value of $1.1 trillion.

We’re serious news junkies here at Nanalyze, with a heavy lean toward anything tech-related, which means our knowledge of pop culture and politics stops somewhere around the late 1980s. So, we were particularly surprised to learn that the Doobie Brothers eventually got back together. What hasn’t surprised us is the ongoing application of artificial intelligence in the creation, dissemination, and aggregation of news. Algorithms are now employed to write news stories with increasing sophistication, while other machine learning platforms work to detect fake news. And many news aggregation platforms such as Google News use AI to automate the search for the storylines it believes will interest each user. Tokyo-based startup SmartNews is an upstart in the AI-powered news aggregation space that just reached a $1.1 billion valuation this month following its latest Series E funding round.

We call private companies that reach the $1 billion threshold unicorns, which once reflected the rare nature of such valuations just a few years ago. Today, unicorns are falling from the sky. In the first half of 2019, 62 new startups joined the unicorn club, according to Pitchbook. The CB Insights unicorn tracker now lists nearly 400 startups at a combined value of $1.1 trillion.

Click here for company websiteSo our interest in SmartNews isn’t just predicated on its shiny new valuation, which comes after raising a relatively modest $116 million since it was founded in 2012. What particularly piqued our curiosity is how this relatively unknown Japanese startup uses AI to aggregate news – and how quickly it has grown in the United States.

AI for News Aggregation and Recommendation

Let’s start with the tech. As we’ve already alluded: AI tools for aggregating news stories into a customizable feed is nothing new. Last year, Google rebuilt its news recommendation platform using a “new set of AI techniques to take a constant flow of information as it hits the web, analyze it in real time and organize it into storylines,” according to a blog post. It claims this approach “understands the people, places and things involved in a story as it evolves, and connects how they relate to one another.” Who needs a news anchor anymore? A survey of nearly 200 publishers by the Reuters Institute for the Study of Journalism published last year found that nearly 60% of digital news platforms use some form of AI for content recommendations.

Survey of how digital news publisher use artificial intelligence.

Credit: Reuters Institute for the Study of Journalism

One of the more popular news aggregators outside of Google is Silicon Valley-based Flipboard, which has raised $210.5 million since it was founded in 2010. It also uses AI for curating the news feed of its user base, which reportedly numbered 145 million monthly users, as of last year. It also claims 11,000 publishers on its platform. However, AI doesn’t do all of the work: A small group of humans is still in the loop, manually selecting articles to recommend to its readers. And let’s not forget about the world’s largest startup, ByteDance, which employs AI to engage its one billion users in China on the Toutiao news platform by “analyzing the features of content, users and users’ interaction with content.” The customized news feeds keep users engaged an average of 74 minutes per day.

SmartNews image from hoempage.

Credit: SmartNews

On the other hand, SmartNews relies heavily on its algorithms to “evaluate millions of articles, social signals and human interactions to deliver the top 0.01% of stories that matter most, right now.” While the platform does make recommendations based on its users previous activity, it emphasizes what it calls “personalized discovery,” meaning that machine will post content that you probably would have never come across in your normal news bubble.

SmartNews Seeing Success

Apparently, the strategy is working. While its user base is relatively small compared to Google or even Flipboard – there are about 10 to 20 million active users (depending on what stats you believe), mainly between Japan and the United States – SmartNews is growing more rapidly than any other news aggregator. Traffic on the site jumped 145% in 2018, with an average monthly rate of 9%, according to Parse.ly, a data analytics company for audience engagement.

Ranking of news aggregation sites by traffic.

Credit: Parse.ly

The nearly 400 U.S. publishers and 2,000 Japanese publishers on the platform are fans of the site, as they can expect referral traffic from SmartNews to give them a bump as high as 17% in any given month, Parse.ly reported. More recent data do show that referrals have plateaued a bit this year:

SmartNews referral trend growth since 2018.

Credit: Parse.ly

Another feature of SmartNews is that it sends readers to the website of the original article, and allows its partners to insert their own advertising on the news feed while keeping 100% of the revenue, according to an analysis by the Nieman Journalism Lab at Harvard University. In Japan, SmartNews also has a program that drives not just traffic but revenue to its partners, a model that it expects to export to the United States within the next year.

The SmartNews Bump

The SmartNew bump is real. For instance, MIT Technology Review reported nearly 17% growth, month over month, coming from SmartNews, since it became a partner in February, according to the Nieman Lab article. SmartNews now makes up about 4.3% of the MIT tech news site’s overall referral traffic.

In another case study, SmartNews boosted page views for E! News around the annual Met Gala. SmartNews created a featured content set in the E! News channel and scheduled relevant in-app promotions around the event. Working with E! News, SmartNews used specific keywords in the metadata of the entertainment publisher’s content feed to identify and pull the Met Gala stories together under a custom header in its publisher channel. The content, promoted through SmartNews’ Top tab feature, helped give E! News a big bump over the two days of coverage:

The SmartNews bump in website traffic for E! News.

Credit: SmartNews

We were disappointed to learn that the Met Gala has nothing to do with baseball; it’s some freaky costume show at a museum.

Conclusions

All of this begs the question: How does SmartNews make money? Its business model seems predicated on the idea that if it makes its partners money, then it can make money, too. It’s an old-fashioned idea using 21st century technology. It certainly flies in the face of the current model of most AI news aggregators, especially companies like Facebook that have remained aloof to the concerns of publishers over how the social media site makes money off of other companies’ content, though that appears to be changing. We suspect much of the revenue, at least from the United States, is coming through promotional services such as in the E! News example. SmartNews also lists about 20 featured U.S. publishers, including the Associated Press, The Atlantic, and USA Today, which are probably paying some premium to get top billing.

If SmartNews can keep the momentum going, it may get top billing among the crowded field of news aggregators. One wonders how much longer a startup like SmartNews will escape the clutches notice of Japan’s SoftBank and its multi-billion-dollar bankrolled Vision Fund, which is investing heavily in AI and related technologies.

Worried that AI might steal your job? You should be. Why not get a Masters in Machine Learning from London’s Imperial College, one of the top-10 universities in the world? And you can study online!

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Ethereum Classic Price Analysis: Ethereum Classic (ETC) price rally starts; ETC hovers at $6.2

Ethereum Classic (ETC) was seen suffering during the last month. The coin was severely affected and because of which the current month started with …
  • Ethereum Classic (ETC) price commences an upsurge.
  • The price rally to continue for some time now.

Ethereum Classic (ETC) was seen suffering during the last month. The coin was severely affected and because of which the current month started with some disappointing trading digits. The currency has recovered and looks like the storm has passed. We are anticipating that the coin would be seen rising and the month will close with higher price marks.

Talking about yesterday, the coin touched a high at $6.36 and a low at $6.11 with a trading volume of $516,749,115.

Current Statistics of Ethereum Classic (ETC):

The chart is taken from Trading View as on 06th August 2019 at 10:11:26 UTC.

Ethereum Classic Price Chart - 06 AugEthereum Classic Price Chart - 06 Aug
ETC Chart by TradingView

The coin opened the month on a sore note. The token booked a loss of 1.02% as the ETC price shifted from $6.043 to $5.9. On day 2, the coin continued to drop, marking a regression of 2.19%. The price counters changed from $5.981 to $5.850. On the following day, the coin instigated a surging momentum and reflected a change of 1% as the price sifted from $5.8 to $5.9. Day 4, the coin jumped from $5.9 to $6.1 by 3.83%. Yesterday, the coin touched a high at $6.36. The price counters changed from $6.12 to $6.17. The escalation was of 0.82%. The coin is presently trading at $6.246. There is a high prospect that it may close around $6.3 and even beyond.

Particulars Ethereum Classic (ETC)
Price $6.246
ROI 724.80%
Rank 21
Circulating Supply 112,498,777 ETC
Market Cap $698,094,475
24hr Volume $520,838,572

Ethereum Classic Price Prediction and Conclusion:

The whole of the crypto market has shown tremendous improvement. The market is anticipated to embark on a much-awaited price rally. Ethereum Classic is also believed to walk on the same road. The expectations of the coin are higher. In the coming years, the coin is expected to deal with a 3% to 4% profit. The coin is likely to close around $10. The coin would be best suited for long-term investors. The same would help the traders to book huge profits.

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Squad, the ‘anti-bro startup,’ is creating a safe space for teenage girls online

… Squad’s compelling founding story and organic growth helped them close a $5 million seed round led by First Round Capital general partner Hayley …

When we go online to communicate, hang out or play, we’re typically logging on to platforms conceived of and built by men.

Mark Zuckerberg famously created Facebook in his Harvard dorm room. Evan Spiegel and his frat brother Bobby Murphy devised a plan for the ephemeral messaging app Snapchat while the pair were still students at Stanford. Working out of a co-working space, Kevin Systrom and Mike Krieger built Instagram and yes, they also went to Stanford.

Seldom have social tools created by women climbed the latter to mainstream success. Instead, women and girls have battled the lion’s share of digital harassment on popular social platforms — most of which failed early-on to incorporate security features tailored to minority user’s needs — and struggled to find a protected corner of the internet.

Squad, an app that allows you to video chat and share your phone screen with a friend in real-time, has tapped into a demographic clamoring for a safe space to gather online. Without any marketing, the startup has collected 450,000 registered users in eight months, 70% of which are teenage girls. So far this year, users have clocked in 1 million hours inside Squad calls.

“Completely accidentally we’ve developed this global audience of users and it’s girls all over the world,” Squad co-founder and chief executive officer Esther Crawford tells TechCrunch. “In India, it’s girls. In Saudia Arabia, it’s girls. In the U.S., it’s girls. Even without us localizing it, girls all over the world are finding it.”

Squad screens

Squad, the social screen sharing and group video chat app, has pulled together a $5 million investment led by First Round Capital.

Learn from the best but get rid of the shit

A remote team of six people led by Crawford, who’s a graduate of Oregon State University, Squad’s compelling founding story and organic growth helped them close a $5 million seed round led by First Round Capital general partner Hayley Barna, the only female partner at the historically all-male early-stage investment fund known for being the first institutional check in Uber.

Betaworks, Alpha Bridge Ventures, Day One Ventures, Jane VC, Mighty Networks CEO Gina Bianchini, early Snapchat employee Sebastian Gil and Y Combinator, the startup accelerator program Squad completed in the winter of 2018, have also participated in the funding round.

“We want to be a place where girls can come and hang out,” -Squad co-founder and CEO Esther Crawford.

Crawford describes Squad, which she’s built alongside her co-founder and chief technology officer Ethan Sutin, as the “anti-bro startup.” Not only because it’s led by a woman and boasts a cap table that’s 30% women and 30% people of color, but because she’s completely rewriting the consumer social startup playbook.

“We are trying to learn from the best in what they did but get rid of the shit,” Crawford said, referring to Snap, WhatsApp, Twitch and others. Twitch, a live-streaming platform for gamers, has become a social gathering place for Gen Z, she explains, but like many other communities on the internet, it’s failed its female users.

“Girls have been completely pushed off of Twitch,” she said. “The Twitch community didn’t want them there and they weren’t friendly to them. For boys, there are places you can go to consume content with other people, like Fortnite, but for girls there hasn’t been a place that’s really broken out. We want to be a place where girls can come and hang out.”

What Crawford and the small team at Squad have realized is that you don’t have to sacrifice growth for user safety and comfort. From the beginning, Squad has made sure users could easily block and report inappropriate behaviors and users, a feature that was an afterthought on many other social tools. They also made users unsearchable unless another user knows their exact username. By prioritizing the security of its primarily female audience, Squad is betting girls will continue coming back to the app and telling their friends about it.

“It’s possible to make girls feel safe and still have growth as a consumer product,” she said. “If people don’t feel safe on your app, they won’t stick around long-term.”

A new playbook

Squad quietly launched in January after pivoting away from building an information-sharing tool called Molly, which was backed with $1.5 million from BBG, Betaworks, CrunchFund and Halogen Ventures. Crawford’s now 14-year-old daughter unintentionally inspired the transition, when she proposed her mom create an app where she could peer into her best friend’s phones from afar.

IMG 2588

This reporter and Squad CEO Esther Crawford discuss the startup’s growth via Squad video chat.

Using Squad, people can browse memes, pore through DMs, plan a trip on Airbnb, peruse Tinder or a photo album with a friend via its video chat and screen share features. As Crawford describes it, it’s all the stuff you don’t want to post to Snap or Instagram but want to show your best friends. An app that may seem frivolous or non-essential seems to have quickly become a space online where girls can are opting to spend hours intimately engaged with their friends — without fear of stumbling into a troll.

“People can use this digital tech to hang out together instead of it being so performative,” Crawford said.

The downside of Squad’s screen sharing capabilities is a user can view another user’s Facebook friend’s profile, even if, say, they themselves were blocked from viewing that content. Most apps are available for viewing through screen share aside from premium video streaming apps like Netflix or Amazon Prime Video, so its entirely possible someone could use Squad solely for the purpose of viewing social content they are otherwise barred from seeing. In response to this possibility, Crawford says they are considering alerting users when their Squad chat’s been screen-shotted. To avoid additional privacy issues, Squad users can’t record or save anything from their calls or replay what happened on Squad.

Like many early-stage startups, the company isn’t making any money yet because the app is free and without ads. As soon as next year, however, Squad plans to monetize the product with in-app purchasing, scraping another rule from the consumer social playbook that has long encouraged companies to expand their user base first before trying to profit off users at all. (See: The Snapchat Monetization Problem).

Techno-optimism

Crawford, a product marketing veteran, grew up in a cult in Oregon where girls were barred from wearing makeup and from watching television or listening to music. But because the internet was so early, the dangers of it were yet to be discovered and miraculously, she was allowed to go online. Quickly, she made connections with people all over the world thanks to everyone’s favorite messaging tool at the time, AOL Instant Messenger.

The experience planted in her a deep love for the internet and a desire to share her life online. After developing a community through AIM, Crawford became one of the very first original content creators on YouTube and garnered millions of views on her videos. Without trying, she became an influencer, long before the term entered the zeitgeist.

Squad Screensharing1

She used her newfound digital prowess to launch one of the first social marketing agencies, where her clients included Weight Watchers and K-Mart, legacy brands that had no idea how to tap into her native digital communities. Ultimately, Crawford landed in the tech startup world, hopping from Series A startup to Series A startup, offering up her product marketing skills before her daughter’s idea prompted her to go into business on her own again.

“I’m a techno-optimist and yet, so many of these tech companies we thought were going to connect people turned out to have accidentally made people more lonely,” she said. “With a different lense and approach, I thought there could be an app that built bridges.”

Now with a new bout of funding, Squad can implement strategic marketing campaigns, continue adding integrations with complementary platforms (the startup has just announced a new integration with YouTube) and hire product designers. The next few years will be critical to Squad’s success as it looks to young people to give them a permanent spot on their home screen.

For Crawford, what’s most important, aside from growing group of teenagers using Squad, is to make sure only good people see a big payday thanks to her great idea: “I am ready to do everything I can to make Squad successful and make sure our success has a positive downstream effect so that we have great people on our team that get rich off our success.”

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