#35 - Blockify

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  Home page of Blockify!

Inspiration

We looked at 100+ accepted YC ideas and looked into why they succeeded and we noticed that they were usually all very good at taking what already exists but improving on it in a way the original company hasn't noticed.

Once we talked between ourselves we noticed that we had an issue where Crypto seemed like such a faraway topic from our daily lives because the existing tools to trade it were too technical and poorly designed. So we took inspiration from various exchanges like Coinbase, Robinhood, Binance, TradingView, and we grabbed the best features we liked to make our idea--which was basically all the best parts of the existing exchanges but with some features we've wanted but haven't seen in any of them--like social media sentiment analysis and an educational chatbot.

What it does

Our idea is a dashboard which simplifies and improves the experience of trading and learning to trade crypto.

How we built it

We used MongoDB, ExpressJS, React, NodeJS for our Backend and Frontend with NextJS and Vercel to host. We also made use of various python libraries and crypto APIs to gather the information needed. Lastly, we used pytorch and transformers to run and finetune our sentiment analysis model.

Challenges we ran into

One of our biggest issues was the lack of data. We had to rely on obscure free crypto apis and web scraping libraries which weren't officially supported.

Developing the sentiment analyzer so it would provide us with a competitive edge that other crypto platforms lack.

Accomplishments that we're proud of

We're proud to say we were able to host our webapp online and in public--if you go to www.blockify.work you'll see what we've made (domain courtesy of GoDaddy) This was our first time ever dealing with web-scraping as well as Arjun and Josh's first hackathon.

What we learned

It was our first time trying out machine learning, and sentiment analysis only really came about due to chatgpt, great online resources, and a lot of trial and error.

What's next for Blockify

We want to meet the compliance and regulations needed to establish an official wallet and eventually challenge existing wallets like Coinbase. Specifically we want to expand the sentiment analyzer to cover the entire internet, and add other features that people want but the big crypto wallets don't care to realize.

Built With

• express.js
• figma
• gnewsapi
• mongodb
• mongodbatlas
• nextjs
• node.js
• openai
• python
• pytorch
• react
• redditapi
• variouscryptoapi's