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LunarCrush’s New Feature To Provide User Awards For Posting Opinions

Stefan by Stefan
07/12/2021
in Altcoin News
Reading Time: 2 mins read
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lunarcrush's new feature, opinion, rewards, users
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LunarCrush’s new features will enable user awards for anyone that will be posting their opinions on the social analytics platform as we can see more today in our latest cryptocurrency news.

LunarCrush is a well-known social analytics platform that announced the launch of LunarCrush Opinions which is designed to complement the current offering and provide insight as to how the community is feeling about the market. As per the company’s announcement, this is set to provide the investors with new dimensions in understanding crypto. LunarCrush’s new feature will enable the users to provide opinions on trending topics or sentiment on their favorite coins as the value of specific influences and rates of the accuracy of posts.
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According to the post, LunarCrush said that it anticipated millions of opinions to be posted every day.

lunarcrush
LunarCRUSH Opinions

Its social analytics platform collects more than 2 million social posts each day which is then analyzed for various different characteristics by LunarCrush’s machine learning system. However, classifying all of the data requires modeling which requires a lot of feedback. Adding more feedback in the form of user-generated opinions will improve the accuracy of all of the information that can be found on the platform:

“We’re excited to move into capturing the emotions of the LunarCrush community. With millions of pieces of feedback each day, not only will this provide a valuable new dimension to the crypto community, but it’ll also provide greater accuracy across all LunarCrush data.”

lunar price
LUNR 24-hour Price Chart (Source: coingecko)

Aside from improving the accuracy of the data, Opinions will enable the users to see how the sentiment around the world is and will drive the direction in which LunarCrush grows. The platform wrote:

ADVERTISEMENT

“As data is collected, we’ll be providing many ways to visualize and share opinions. The most exciting thing about this is the community will be able to understand how various countries and individuals are feeling about similar topics in real-time.

LunarCrush Opinions is just one way that we’re looking to capture feedback from the community. Over time, we’re focused on the community driving the direction of LunarCrush as well as providing many tools to help onboard and educate the crypto community.”

LunarCrush’s new feature will provide rewards with 1-3 points for every written opinion. With the ability to earn more than 90 points each day, the user scans converts the points to LUNR tokens.

ADVERTISEMENT

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: lunar crushlunarcrush's new featurenew featureposting opinionsrewardsuser rewards
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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