Santiment Network is a financial market data and content platform tailored for the crypto asset and blockchain industry. It offers a variety of data feeds and content streams, coupled with a continuously updated database on cryptocurrency projects.
Santiment functions by utilising the Ethereum blockchain for its ERC-20 tokens, known as SAN. The platform aggregates on-chain and social metrics for more than 2,500 cryptocurrencies, allowing users to track wallet activities, development progress, and crowd sentiment. Through smart contracts, it manages a token economy where SAN tokens facilitate access, staking, and rewards.
Potential use cases for Santiment Network include providing market intelligence and behavioural analytics for cryptocurrencies, aiding investment strategies with detailed trading volume analysis, and enabling comprehensive project evaluations. It is employed in financial services for portfolio management and used extensively in the cryptocurrency sector for insightful market analysis.
Santiment was founded by Maksim Balashevich in August 2016. The project launched its initial coin offering (ICO) in July 2017, raising 45,000 ETH. Since then, it has developed products such as SANbase and a mobile application. Key partnerships with Iconomi, Brave New Coin, and the Blockchain Research Lab have supported its growth. The SAN token has been a cornerstone of its ecosystem, enabling payments, staking, and rewards.