The public launch of Tixl Finance, a German-based crypto data provider, took place successfully on Jan 25 following the closed launch two weeks ago.
The newly launched platform offers a decentralized alternative to centralized crypto data platforms like Messari, CoinMarketCap, & CoinGecko that are often prone to manipulation.
Using Tixl Finance, traders will get access to valuable data to track an asset’s price and seamlessly sort through prospective crypto investments.
Moreover, this platform will provide advanced analytics that help investors understand various market indicators to make prudent investment decisions. Tixl is also fully focused on decentralization; the platform is community-driven, and comes with easy ‘create and edit’ Github processes.
Any community member can tap into the open system and complete tasks around the platform (via Github commits). What’s more, the German-based company will give everybody on the platform a chance to improve the content and data and earn TXL tokens rewards for their efforts.
The Tixl community can earn rewards for integrating data or information such as market pairs and logos. Developers working on various projects can also onboard their project’s data directly on Tixl via Github.
Why Tixl Finance Stands Out
Several features make Tixl Finance stand out from the rest of the data platforms in the crypto space. Besides its focus on decentralization, the next-gen data platform integrates unique smart filters and AI-powered fundamental ratings that help interpret data sets more profitably to guarantee users’ maximized profits.
Users also get to benefit from investment-relevant info such as unique slippage data and per coin/trading pair in real-time, all in one easy-to-use platform.
The new data platform’s most unique feature is the “tixl.finance score“, which gives objective and fully data-based fundamental rating and sentiment analysis.
This functionality analyzes all market and coin data via an unbiased and unique AI-powered algorithm to determine any crypto asset’s upside potential and fundamental strength.
The Tixl score essentially helps investors arrive at a more legit ranking of digital assets’ quality; it looks into multiple attributes, including Social Sentiment, Liquidity, Supply Ratio, and Volume.
Instead of just sorting various cryptocurrencies by market cap, Tixl will empower investors to find the best performing and most undervalued investments in real-time.
The new data platform specializes in analyzing liquidity data from exchanges to help users looking to trade smaller tokens or invest larger amounts.
Tixl also provides a convenient manner to check a certain digital asset’s slippage for a specific amount simply by hovering over the liquidity score.
Tixl Introduces New Launch Partners in 2021
On Jan 5, Tixl Finance unveiled scalable blockchain platform TomoChain as its first launch partner of 2021. The strategic collaboration will help TomoChain rapidly evolve its diverse DeFi ecosystem as it aims to establish itself as the backbone of decentralized services.
As reported by The Daily Chain, Tixl Finance later partnered with Kleros, an open-source online dispute resolution protocol. These new launch partners will help Tixl to bolster all aspects of its data platform as it looks to leave its competitors in the dust.
