Statistics show that the total market cap of cryptocurrencies worldwide now has been over $540 billion, with the total number of cryptocurrencies more than 6,000, and the number is growing at a high rate. Therefore, how to select good tokens from the vast pool of cryptocurrencies is a challenge for many people. The rapid growth of decentralized finance (Defi) has been quite surprising, with many insiders missing out on Defi as they cling to “classical cryptocurrency”. This is because many traditional data service providers do not pay enough attention to Defi, and as a result investors may fail to keep up with trending topics due to lack of information.
Why do you need Bixiaobao?
Before the debut of Bixiaobao in the big data industry, several giants have achieved good results. So why is Bixiaobao still here?
There are three main reasons in our opinion.
First, traditional giants are struggling to provide latest data. As mentioned above, the blockchain industry is rapidly developing, yet these giants are not enthusiastic enough for new things and find it difficult to adapt to new changes. It is estimated that the traditional giants did not launch their own Defi segment until three months after the current Defi outbreak, whereas Bixiaobao provided relevant data at the beginning of the outbreak. It is hard for an argosy to make a swift turn, though, and transformation and upgrading for traditional giants is very difficult, and that’s when we realize the industry is in desperate need of fresh blood. Like the arrival of iPhone has changed the user’s perception of Nokia, the arrival of Defi has changed the user’s perception of Cefi. We hope the coming of Bixiaobao will bring changes to the industry.
Second, it is difficult for traditional giants to inform users of trending currencies in time, though every user wants get updated with what is hot and what to buy. Unfortunately, these traditional service providers don’t are not timely enough and just list the out-of-time data instead, without analyzing the data, which makes it difficult to provide investment basis for users. On the other hand, by integrating mass search results, media popularity and other information, Bixiaobao pushes trending tokens to users in real time through its unique big data algorithm model.
Third, the update of currency list often falls behind. The rise of decentralized exchanges, represented by Uniswap and Balancer, has lowered the barriers to token issuance, and then many hot tokens arrived. However, the API of token collection by traditional giants is limited to centralized exchange, and the update of token information in decentralized exchange is very slow. For example, YFI was trading at $790 in its early days on a well-known exchange, but in fact its earlier price in Balancer was about only $30. In other words, by the time the site put YFI on its list, it had rocketed by more than 25 times.
All of the above indicate that the industry is in urgent need of reform, and Bixiaobao comes into being.
What is Bixiaobao?
Bixiaobao is a world-renowned big data service provider of blockchain. It provides users with timely and accurate cryptocurrency quotations. Combined with its unique big data algorithm model, it pushes high-quality real-time token information to users and provides certain reference for users’ investment.
Bixiaobao mainly provides the functions as follows:
Ranking. Bixiaobao provides more than 5,000 cryptocurrencies and 500 exchanges for users to sift through. It also provides the data of price changes for users.
Trending tokens. According to the big data analysis engine exclusively developed by Bixiaobao, it analyzes trending tokens for users and keeps them updated with the latest information.
New coins. Bixiaobao data engine not only collects new currency data of central exchange, but also collects DEX token data to timely explore investment opportunities for users.
Optional functions. Users can add coins to their optional transaction list without registration or login.
Tagged categories. Bixiaobao has tagged 5,000 tokens, and each cryptocurrency is given tags such as Halving, Defi, Rebase, AC, and so on. With these tags, users can determine whether a token is trending or not immediately, so that they can have a sense about the positioning of the project, and then decide whether to have further insights. When opportunity arises, Bixiaobao will notify the user sooner.
What are the advantages of Bixiaobao?
Bixiaobao has the following advantages compared with other service providers:
(1) High-speed and short-delay market data. Bixiaobao uses high-speed Websocket technology to ensure that the price data of mainstream currencies can be updated in seconds, which is much higher than the general level of peers.
(2) Powerful data engine. Bixiaobao has an advanced OLAP big data engine with comprehensive multi-dimensional modeling and analysis capabilities. Through intelligent algorithm and distributed computing system, combined with AI data mining technology, Bixiaobao delivers professional, accurate and comprehensive project and digital currency market information for users.
(3) Comprehensive collection of token information. Bixiaobao contains the price, market cap and other data of the tokens, but also includes the official websites GitHub, white papers and so on, which can greatly save the time of searching. It has also established a professional risk control system of big data. Each token’s official website information has undergone rigorous review to prevent users from entering the phishing website.
(4) Multi-language and multi-currency system. Bixiaobao supports English, Korean, Russian, Chinese and other dozens of languages as well as US dollar, Korean won, RMB yuan and so on. By taking advantage of the borderlessness of blockchain, Bixiaobao has been a highly internationalized blockchain data service provider for users in 180 countries around the world.
(5) In-time update of token list. The highly efficient API interface developed exclusively by Bixiaobao can quickly get access to new currency information in Uniswap and Balancer so that users will not miss out in their investment chances.
In short, the rapid development of the blockchain industry has generated many opportunities, and traditional data service providers have been unable to meet the rapidly changing needs of users due to slow transformation. Recognizing this change in time, Bixiaobao has pioneered to embrace change and then shined in this year’s wave of Defi. The Roman Empire was not built in a day, though. As time goes by, in the future Bixiaobao will surely become a strong competitor in this field.
[Official homepage]
Bixiaobao homepage: https://bixiaobao.com
[ Official Channel ]
Twitter:https://www.twitter.com/@BXB_official
Medium: https://www.medium.com/@BXB_official
Facebook:https://www.facebook.com/BixiaobaoOfficial
Naver Blog:https://blog.naver.com/bixiaobao
[ Official Community ]
Telegram: t.me/BXB_official
Telegram Community:https://t.me/bixiaobao_kor
