Coinfeeds
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Coinfeeds Company Information
Coinfeeds is a fintech company based in Las Vegas, NV, and San Francisco, CA, with a fully remote team of four members. Founded by Justin Sun, who previously served as Ripple’s chief representative in Greater China, Coinfeeds operates within the cryptocurrency sector. The company offers several products designed to enhance cryptocurrency interactivity and monitoring. These include a Crypto Chatbot API that provides explanations of technical concepts, up-to-date pricing, and news on major cryptocurrencies; a Crypto News Feed API that integrates real-time news, tweets, podcasts, and videos; and a Custom Portfolio Monitoring service powered by AI that delivers personalized insights such as price data, market cap, and the latest news directly to users’ inboxes.
Coinfeeds has also ventured into cryptocurrency creation with the launch of an algorithmic stablecoin called Decentralized USD (USDD), which maintains its stability through an automated balancing technique that involves burning $1 worth of TRX to mint one USDD. The company supports the broader cryptocurrency ecosystem by enabling the creation of decentralized applications and gaming, allowing developers to offer content and receive digital assets as compensation. Coinfeeds is part of the Y-Combinator S21 batch and operates primarily in the United States and Canada, with services available remotely worldwide. The company’s involvement with TRON’s native token, TRX, includes a total supply of just over 100 billion, with about 71.6 billion tokens in circulation. TRX is available on several cryptocurrency exchanges, including Poloniex, Bancor, KuCoin, Binance, and Bitfinex, although it is not supported by Coinbase.