The Expansion of LunarCrush: Introducing Social Search
LunarCrush, a social media analytics platform focused on digital asset trading, is broadening its scope. With a recent $5 million Series A funding round, led by Draper Round Table and INCE Capital, LunarCrush plans to expand its services beyond crypto investments. The platform, founded in 2018, initially collected data on digital assets, NFTs, and stocks to assist users with trading decisions based on trends. However, LunarCrush is now launching its beta version of the Social Search tool, allowing users to search for any topic on the platform, not just financial products. This new feature enables users to extract relevant content from all social media platforms based on their defined interests. By allowing users to design their own algorithms and follow topics that matter to them, LunarCrush aims to provide a personalized experience and filter out the noise.
Key Points:
– LunarCrush has raised $5 million in a Series A funding round, with participation from notable investors such as Draper Round Table and INCE Capital.
– The platform initially focused on social media data related to digital assets and stocks for trading decisions.
– LunarCrush is releasing the beta version of its Social Search tool, which allows users to search for any topic, expanding its services beyond financial products.
– The new tool enables users to extract relevant content from all social media platforms based on their defined interests.
– By empowering users to design their own algorithms and follow topics of their choice, LunarCrush aims to provide a personalized experience and filter out the noise.
Hot Take:
LunarCrush’s expansion into the Social Search tool demonstrates their commitment to empowering users and providing a personalized experience. By allowing individuals to follow topics of interest and extract relevant content, LunarCrush is enabling users to make more informed decisions beyond the realm of digital asset trading. This move highlights the platform’s adaptability and its recognition of the growing importance of social media in shaping opinions and trends. With the beta release of Social Search, LunarCrush is poised to become a valuable resource for individuals seeking information and insights in various domains.