 Hey guys, how are you doing? This is your boy Rich from RichTVLive and you too can join the club at richpakesdaily.com where you can learn how to win and trade. Hi, how are you doing today? I'm your host, Rich, and we have a RichTVLive with our very special guest, the COO of Coin Analyst, Andrew Sasma. How are you doing today, Andrew? I am doing fantastic, Rich. Thanks for having me and my company on today. I'm excited to have you on the show. Very excited about the sector that you're in and I have some questions for you. So first and foremost, this week you released news that you were expanding into the NFT space by adding NFTs into your Insights platform. How do you see this fitting into your product offering? Yes, we were actually really excited to put this press release out this week. NFTs are, you know, while in 2021 they exploded onto the scene, you know, I gotta say that I think they still have a long ways to go and we are very excited to be able to use our sentiment analysis and our Insights platform to be able to help people research and to get a better understanding of the NFT ecosystem and as well as the NFTs that they may hold themselves personally. The other point that I'd like to make about it is it really opens up what we are referring to as the passion economy. I can't exactly say that we coined that phrase. It's been around for a little while now but it's an exciting time for individuals and artists and others who want to take control of their own destiny, if you will. I absolutely love NFTs. I love DeFi. I would say those two sectors within the cryptocurrency space are two of the hottest sectors in the world right now. That's how fast they are growing. So in saying that you mentioned the passion economy, it is a term heard more and more. What is it exactly? So to best describe it, it is an economic system for people who are following their passion. So in many ways it's the influencers, it's the people who now are actually jumping into the NFT space and the artists who before were undiscovered or in some cases obviously some very amazing artists who had already blown up Banksy, for example, have done some NFT work or are getting into it soon. But what it really does is it allows for all individuals to be able to control, like I said, their own destiny. A perfect example of that would be a musician which is what we referenced in our press release. They've long been tied to their record label. That's pretty typical in the industry. If it's somebody who's made it or is up and coming, oftentimes they'll sign dozens of artists just to get that one that makes it. This way now with NFTs in the space, it's going to allow musicians to be able to take control. They can put out their own albums. They can put out their own individual songs. They're singles and they can actually do it in a manner using NFTs, which puts them in total control. We've definitely seen that start to come on the scene here in the last six months or so and we were really expecting big things in 2022 and beyond. Fantastic. Now what sets Coin Analyst apart from other crypto platforms research solutions in the space? We really like to refer to ourselves as the Bloomberg for crypto, but I'd actually even take it a step further and now say we're the Bloomberg for digital assets because you can no longer just say that crypto is the main function of blockchain. We're now seeing DeFi explode. We're seeing NFTs on blockchain, so it creates that transparency. That's first and foremost what sets us apart. We're really aiming to be that Bloomberg. The second one is we've created a number of indicators and some of those indicators while they exist on other platforms, we have the years of data to back it up because we've been in business since 2018. We weathered the crypto winter that so many people failed to make it through. Some of our indicators buzz, which is essentially a social media news indicator. There is a correlation between when news rises, I don't have to say it obviously, but when news rises on a particular coin, there's going to be a correlation in price. Positive news is going to push it up. Negative news is going to push it down, but you can definitely see the correlation over time as it's going up that something is about to happen. That also plays into the sentiment, which I mentioned, the positive or the negative. We combine those together and we do have a sentiment indicator as well, which really helps give you an understanding as to whether the market is currently bearish or bullish. We have two others that I'd like to quickly mention. One we're actually really excited about and we're building it out right now is called scam detection. We've all been in the space for a while and we've all been scammed, but the current way we have it set up is that it actually detects sentiment and other values over time. Once it gets to a certain threshold, it actually will send out a signal saying this might be a scam or everything is pointing in that direction, so really keep an eye on it. But we're actually going to take it deeper and we're actually going to go to the blockchain level and be able to monitor it and monitor the contracts and everything else so that hopefully we can speed that process up. I know that a lot of the scams happen within the first 24 hours of a deal or the first week or so. Those we're not going to probably be able to capture, but we're going to continue to try and hone that indicator in and over time hopefully be able to improve that signal even more. And then the last one I want to mention is our forecast. We have a forecast indicator which uses machine learning, uses artificial intelligence, combined with all of the data that we're gathering from across just thousands of sources on the internet. And what we're able to do then is combine all of that data and create an indicator or a forecast indicator that suggests whether the token, the coin is going to go up or down in the next 12 to 24 hours. And we've got that actually hitting at about a 55 to 70% correct rate right now. So 55 to 70% of the time it is actually spot on whether Bitcoin or Ethereum for example are going to go down or up in the next 12 to 24 hours. And that's really exciting too because as you know, much like the record industry, like I said, they'll throw 10 contracts out there and one will hit. Well, traders are very similar. They'll throw money at a whole bunch of different projects and hope that one of them hits. If they hit 40%, they're happy. So if we're hitting 50 to 70% in our prediction model in our forecasting, I think that's just a really positive development and something that traders and investors alike can really use. I agree with you. We love the tools that you guys are bringing to the table. We love technology. What are the main drivers of demand for coin analysts in the future? Well, we're hoping that actually it becomes the one-stop shop for crypto research. You know, we've got not only do we have products, but we've also got, we've got some additional things that I'd like to touch on here in just a couple of minutes as I talk about the products. So we're developing our insights platform to be that one-stop place. In addition, we're looking to grow both organically and through acquisition. So we're going to have that one-two punch because we believe we've got a whole bunch of products that can create a well-rounded ecosphere for the user. But we also know that there are other people who are smarter than us that are creating products that may just necessarily, you know, they may need the platform in order to really get them out there. So our eyes and ears are always open. Is your company impacted by rising or falling crypto prices? That is a great question. And I know that, you know, in the traditional stock markets, those that are in the crypto industry that are publicly trading oftentimes ebb and flow based on the price of Bitcoin. But we actually look at ourselves as more as a software company or a content company. So we're rather agnostic when it comes to cryptocurrency as a whole. We should be more judged on our software as opposed to the price of Bitcoin or Ethereum or other coins going up or down, the market as a whole going up or down. So like I said, we like to consider ourselves very agnostic when it comes to the correlation there. Now you recently announced the partnership with Yieldster. What are the implications for this partnership? And can it be scaled up or expanded to other partners as well? It absolutely can. And that is, you know, an exciting opportunity for us. It's the first of hopefully a number of partnerships where we can, you know, work together and see growth and positive impact for both companies. One of the things with Yieldster is we actually do have a product called Copy Trading, which our amazing traders have been doing a fantastic job up rough man, 50 plus percent for the year. But the remarkable thing about that is that we have very little drawdown. So we're never going 100 percent all in. In fact, we actually, the most we've ever gone in on one position is 12 percent. So we're all about making sure that we're taking care of giving correct signals so that people who are using our product are safe, because that's very important for us. So with regards to our Yieldster and Copy Trading product, Yieldster has vaults in place. And one of the nice things about those vaults is they also have the licensing and everything else that's already in place so that we can look to expand beyond Germany with our product. So that is one of the big things that we're looking forward to with the partnership. Additionally, they are talking to us about providing some analytical research. What better way to get the coin analyst name out there than to have it coin analyst approved by our analysts in-house. And then they're also looking at how they can implement our insights platform as well. That sounds great. I can't wait to see it all unfold and evolve. You have two main sources of revenue, subscription revenue and copy trading, which you just touched on a bit. Can you talk a little bit about those two main sources of revenue? Absolutely. Actually, I'd actually like to take a moment here. We put out a press release late last week talking about our market newsletter, which is a monthly newsletter. So we now have what we believe to be three revenue streams. Real quick on that market newsletter, that we started in April of 2020 and it had an exclusivity for the last year and a half plus. But we've now been able to move forward and open that up. So actually, as of December 1st, it is now available to the public. Great. One of the really exciting things about that is we just follow a handful of coins. We include a new recommendation every month. From inception in April of 2020, it is up over 1,100%. Wow. And I was just running numbers this morning from January. So basically from December 31st of 2020 to October 31st, it was up 560%. So it's been doing fantastic. And we're really excited to be able to get that out into the public for people who are just trying to learn about crypto because we do a really fantastic job of explaining what it is that you're purchasing or going into a great deal into Bitcoin, for example, or Ethereum with charts for the month and talking about what may have moved it up or down during the month. And we update this monthly. And like I said, we also include one new coin every month. I think the biggest home run we've had so far back in February, we actually covered chilies, if you're familiar with that. From the point of introducing it to now, it's up over 2,000%. Wow, done. So yeah, exciting for us. So that's, I wanted to touch base on that. And then I'm going to circle back now and talk about our insights platform real quick. Our insights platform is our research platform. And that is our big data, artificial intelligence, infused product where we go out and we collect data from all kinds of sources throughout the internet. You've got your social media, your news sites, we can YouTube. I mean, you name it, we're pulling that data in and we're crunching it. And what we're able to then do is to put it into a nice way for the individual user to be able to research and to be able to understand all of that information. I like to say we're wading through the noise to get to that relevant information. So we've got the insights platform, but beyond that, we've got a mobile app that we're working on right now. That's going to be a freemium version app. We're hoping to have that launched here in Q1 of 22. That is hopefully going to be for many an on ramp into the crypto space. We're going to be providing relevant information on probably the top 20 coins or so so that people can get their feet wet and start to understand what cryptocurrency is all about. It'll have some basic charting. It'll have news. It'll have some of our indicators as well. So we believe that it's going to be a good on ramp for people who are just getting into crypto and are wanting to learn more. And what's really neat about that is we believe that it's also going to be that on ramp to then our insights platform, which is a full blown research platform desktop. And hopefully we'll be able to also have that enhanced for like tablet use. I think we'll see about the phone. That one's going to be a little bit more tricky because it's going to be so much information. I don't know about you, but my tired old eyes sometimes struggle looking at those tiny little charts and things like that. But we're really excited about getting our insights platform. We've got it right now. It's available. But we have extensive development going underway to really improve the user interface. So we're calling that insights 2.0. And finally, we have a terminal product. And that is really exciting for people like myself who like to trade and hopefully traders in general. It's going to be a full blown terminal, but it's also then going to have all of our insights directly in there. So no longer do you have to keep going out from web page to web page to, you know, looking at this site to gathering information over here to going to ether scan to find out more about a particular project, etc. We're looking to blend it all in together. And then on top of that, we're looking to also connect it into exchanges so that you would actually be able to trade within the terminal itself. That's still under development. I'm expecting that to be late Q1 that probably version one will be late Q1 and then we'll be expanding it as we go forward. The last thing I'd love to mention as far as what we've got going on is we're actually also developing Coin Analyst Academy. And one of the things that we've heard from so many people is that, you know, we don't know where to begin. And so we're actually looking to create some courses for people to start to understand and learn the basics. But we're also going to take it all the way up to intermediate and advanced trading strategies as well. So look for that in the first half of 2022. Wow, you guys got a lot going on. I'm excited to see this grow and we've watched a lot of cryptocurrency stocks absolutely explode over the last couple of years, especially ones that are doing what you guys do. But it seems like you guys are doing a little bit of everything. So from that perspective, I feel like you guys are quite unique, a one-stop shop, if you will. And in saying that, we've got a lot of investors here and traders that watch Rich TV Live from all over the world, many of which love stocks and cryptocurrencies. And you guys kind of encompass both. So what catalyst can investors look forward to over the next six months? Well, first and foremost, we're going to continue to work on that revenue generation with our copy trading and our newsletter. We've already got those two streams in place with insights as we get that rolled out in the first quarter, that's going to become another revenue stream. So we're looking to ramp our revenue up here in 2022. Who doesn't want to see that as a stock investor, right? Absolutely. We've also got some additional products yet to be launched that we're working internally on, if that wasn't already enough that I told you about. But we're really excited to create that entire ecosphere for people. And then the last two pieces that I'd like to mention are partnerships. We feel those are integral. And we're constantly looking for potential partners so that we can work together and integrate both products, both platforms, whatever it may be. Some of the different partnerships that we're talking to and looking for are exchanges, our DeFi platforms. Anybody who could potentially benefit from using our products is a potential partner for us. And at the same time, we're looking for a partner or partners that can help us enhance our product as well. And so that leads me to my last piece, which is we're also looking to grow through acquisition. Now, I must remind everyone that Rich TV Live is strictly for information and education purposes. Please do your due diligence, do your research before you invest in anything we talk about or discuss here on Rich TV Live. Consult a financial advisor and always remember that past performance is not always an indication of future results. Now, in saying that, I do believe this is a company that isn't one of the hottest sectors in the world. I do believe because it's relatively new that it's undervalued, underproper, underappreciated, underexposed, needs a lot of eyeballs. And I believe we can help doing that. So in saying that, I want to thank the COO of Coin Analyst for joining us today, Andrew Sazma. Thank you for joining us today, Andrew. Rich, thanks so much for having me. I've really enjoyed our time together today. Always a pleasure. And I'd love to invite you back in the future if you have any big breaking news or anything we want to discuss. Love to invite you back so we can have you discussing big news in front of our community. Thank you for watching, everybody. We've told you guys this before. We're bringing the winners and we bring them to you first. If you're not winning, you're probably not watching. Thank you for watching, everybody. If you liked the video, smash the like button, comment down below, share the video everywhere, and subscribe if you're alive. This is Rich from Rich TV Live with Andrew Sazma, the COO of Coin Analyst, saying, have a nice day, everybody. COYX is the symbol in Canada. Thank you for watching. We'll talk to you soon.