CRDT: Positive media in a volatile industry

CRDT: Positive media in a volatile industry

CRDT is a new project that we are very excited to share with you. CRDT is its very own cryptographic token and one that is sure to grow throughout the crypto community. 

Over the next couple of days/weeks/months, we will take an in-depth look into the token on how it works and how it will benefit you as a trader. 

In the media, it isn’t uncommon to see intense bias and uneven coverage on different news stories. The blockchain and crypto media industry is no different. There is pay to publish schemes and other shortcomings in many media networks but for CryptoDaily, this gives an opportunity and additional part of media market share.

That is just one example of how the other guys are getting it wrong. One blockchain token organisation Clovr recently published a study that looked into 48 mainstream global and United States-based media outlets for articles and pieces that look into Cryptocurrency between the 1st of January 2013 on the 31st of July 2018.

They ended up looking into more than 7500 online news articles using the sentiment analysis tool Valence Aware Dictionary and sEntiment Reasoner (VADER) and the National Language Toolkit (NLTK)

library in Python.

Ending the study, it concluded saying that as recent as 2016, positive articles on Cryptocurrency far exceeded the negative ones. This was both in terms of intensity and volume as a lot of coverage on Cryptocurrency surged during the middle of 2017.

With CRDT, given that the token has just started its life-cycle earlier this year, the response has been phenomenal. The positive response has been almost overwhelming and we can’t wait to see where the token will take us in the future.

Are you interested in CRDT? Then get in touch on the website or on email. Take a look at the project's whitepaper if you want to find out more!

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