![blockfolio app review blockfolio app review](https://bitemycoin.com/wp-content/uploads/2018/03/Blockfolio-cryptocurrency-app.jpg)
It’s currently unclear how Blockfolio will monetize its app in the future. They too want to see a return on their investment. Funding certainly helps but huge investors like Pantera Capital do not fund projects out of the goodness of their hearts.
#Blockfolio app review download#
If you add in the fact that no personal data is needed to download it you may wonder if it all sounds too good to be true. It really is a great app considering that it’s free. Fortunately, the application backs up that interface with good functionality by way of great charting, portfolio statistics, and price alerts to name a few. That may not be the most important element of any decent service but humans are visual beings and sleek interfaces certainly attract the masses. Conclusion: Blockfolioīlockfolio has possibly the sexiest interface of the major portfolio trackers out there. Delta, however, is arguably the only one who comes close, at least in terms of user feedback. As mentioned previously there are quite a few other competitors out there like Delta, CryptoCompare, and CoinTracking. Competitionīlockfolio has an exceptional rating on the app stores garnering a score of 4.8 out of 5 for iOS and 4.7 out of a possible 5 for Android. As long as users do not need to pass on personal information this shouldn’t be a problem. Currently, that doesn’t appear to be an issue since there’s no way to tie a user’s portfolio to the actual coins that they may hold. The idea isn’t a stretch given how much advertisers pay for this kind of data these days. This leads many critics to believe that the only way to make money in the future may be from selling user data.
![blockfolio app review blockfolio app review](https://i.ytimg.com/vi/d7ILl9OL2dY/maxresdefault.jpg)
Pantera’s reputation should continue to give Blockfolio an extra level of credibility. The fundraising was led by Pantera Capital, a well-known hedge fund in the cryptocurrency space. Additional investors included the likes of Bitmex, Huobi, and DCM Ventures amongst others. This explains how the team can continue to develop its flagship product.
#Blockfolio app review series#
Last year in October, Blockfolio received a hefty sum of $11.5 million of series A fundraising. It does, however, raise the question of how the company plans to make money. This makes a lot of sense considering how many platforms lose users over bots, spam, and excessive advertising. He went on to say that the company turned down multiple potential advertisers, most of them from ICOs. A large amount of national currencies so you can track your portfolio in the currency you actually work with on a daily basis.Īccording to a report out of Fortune, CEO Ed Moncada says that the app is not currently monetized although it has run three ads since 2015.Make sure you’re only tracking the coins relevant to your portfolio A one-stop shop from all your favorite cryptocurrency news providers including CoinCentral! Some of the projects who have already made the cut include the likes of Augur, Civic, Zcash, Ark, and Neo. As expected with these kinds of apps, you can also track your entire portfolio based on various timeframes.īlockfolio signal, a taste of token push notificationsīlockfolio has 300+ teams on the platform broadcasting over twice a week. The charting application is pretty slick and allows a user to price cryptocurrencies according to a global average or a specific exchange if you tend to use one exchange in particular for your trading. In a world where just about every other service is looking to record your personal info, this is a huge benefit. Fortunately, that’s not a problem because it doesn’t require you to register or pass on personal details of any kind. This project is not a blockchain-based one which means that all data is stored centrally on a server somewhere.
#Blockfolio app review free#
The application is completely free to download and has no intruding adverts anywhere. Now in its fifth year of operation, the tracking app features information on over 6,000 coins and over 300 cryptocurrency exchanges. To date, the company has attracted more than 4.5 million users and is showing good growth.
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A few solutions have popped up in recent years and Blockfolio has quickly gained a strong reputation in the space.