FomoHunt (September 21st): Defi Get’s Even Crazier

FomoHunt
2 min readSep 21, 2020

by Digital Lawrence

We are wrapping up another crazy two weeks in the industry. We saw the market hype jump quickly from Uniswap (a multi-billion dollar liquidity provider) to Sushi, and back even quicker with the $UNI airdrop, which some are calling the “Stimulus Check of Crypto”.

If you don’t know what we’re referencing, Uniswap launched a first of its kind “governance” token, rewarding early users / “liquidity providers” of its platform with free $UNI.

This $UNI was worth approx $1200 at time of launch and rose to as high as $4,000, and still has the chance to grow from there, as most the world’s top exchanges listed in record-setting time, and heck, who doesn’t like free money?

Moving right into the updates at FomoHunt over the past two weeks; there has been a lot. Mostly related to Data and Data integrity, but we do have a few cards up our sleeve which we will review over the coming updates:

The quick and dirty on DATA:

To increase redundancy and integrity of our data, we integrated additional data providers to our platform to have our portfolio and market research tools.

Why is data integrity important?

Crypto moves FAST. VERY FAST. By the time you have all the “data feeds” working, there are new tokens, projects, coins, and collaterals, just as we saw with $UNI, it came out of LITERALLY nowhere, and now FomoHunt has to work and act quickly to add these data points, so our users can have the best experience possible.

As necessary as data integrity is, customer happiness and user experience rank at the very tip-top of the DNA of our company, so we’re prioritizing a significant feature request: dark mode, this will make the experience on the platform more enjoyable for those who love the option.

To conclude, since launching two weeks ago, the team has made fantastic progress on the growth of the platform and the number of signups and users we have reached, and we are happy to announce that we are a revenue-generating company, and have more and more users coming in each week that passes and we can’t wait to unveil some of our big marketing pushes, feature additions, mobile app, and our upcoming secret weapon..

To be continued..

by Digital Lawrence

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