There’s Never Been a Greater Need for Self-Custody Tools

In the wake of perhaps the most damaging blowup in crypto history, there has never been a better time for crypto investors to re-evaluate how they’re holding and monitoring their digital assets.  If you’re like us, you cut all ties to centralized exchanges despite their conveniences, because let’s face it - no one knows who is trustworthy anymore.  Self-custody isn’t easy though, and even if you’re an experienced investor, the right toolkit to help you manage wallet holdings is crucial.  That’s where OpenPool comes in - the OpenPool dashboard allows any investor to easily monitor and track multiple wallets in one place.  That’s not all though, at OpenPool, our mission is to help crypto investors of all levels uncover actionable investment opportunities and become better investors.

Why OpenPool? Why Now?

FTX may have run the best Ponzi in history.  Now, it’s time for investors to take stock of how to best protect their digital assets.  If you own a wallet, congrats on taking back control of your crypto!  Now for the hard part - monitoring and managing these wallets is where it gets more complicated.  There are several wallet tools that exist today if you’re just looking for analytics.  But what the events of FTX have shown is monitoring the fast-paced news cycle and other activities in the crypto world can be the difference between sustaining a loss in your portfolio and averting disaster (or, dare we say, even profiting?).  That’s where OpenPool comes in.  OpenPool is a new Ethereum-based wallet dashboard that goes beyond simply spitting out wallet data, to actually helping investors understand the most relevant factors likely to impact their portfolio, and in the process,  uncovering actionable investment opportunities.  How do we do this?  We’re glad you asked!

• Self-Custody Made Easy - Monitor your Ledger, Metamask or other Ethereum-based wallets in one place. It’s as simple as entering your wallet address. We’ll crunch the numbers and show you what’s important - your performance numbers, allocations, news and more, all tailored to your wallet holdings.

• More Meaningful Insights through Personalization - We’re all about letting our customers personalize their OpenPool dashboard so our dashboard works for you - not the other way around. In news-driven cycles, OpenPool allows you to curate a Twitter Newsfeed to help add context to your numbers and see what your trusted sources are saying when you need it most.

• Be a Crypto Insider - One of our goals at OpenPool is to help shoulder the burden of token research. That’s why we’re offering a series of “signals” that we think are important factors to consider when making long-term investment decisions. Our first signal in this series is the Developer Signal, which helps investors assess the strength of the developer community behind their token holdings.

• Prices in Context - Crypto prices in a vacuum are meaningless. Prices alongside the latest news and macro benchmarks like the S&P 500 can be eye-opening. OpenPool allows you to see all of these things in one place - right alongside your portfolio.

• Cumulative P&L - Many existing wallet tools offer only daily P&L. It’s hard to keep track of how you’re doing over time if that’s all that’s available to you. OpenPool takes it to the next level by calculating both Unrealized and Realized P&L over the life of your token ownership.

What’s in Our Pipeline

The benefits above are only a few exciting things OpenPool has to offer.  We’re busy working on lots of additional features to help you, the investor, to better navigate the complicated crypto landscape.  To name a few, we plan to launch Swaps right on the OpenPool platform, portfolio alerts on Whale Addresses so you can stay ahead of the pack, and of course, more signals sourced from the crypto community to help you keep up with the ever-changing token landscape.

At OpenPool, our mission is to help our customers become better crypto investors and investors in general.  That means surfacing the relevant insights that are likely to drive your investment decisions, helping you save time researching and monitoring the latest with your tokens, and instilling solid portfolio management principles from the TradFi world to help you stay above the noise.

Get Started!

If this sounds interesting to you, get started using our dashboard at www.app.beta.openpool.co, or checkout our API at docs. www.docs.openpool.co and follow us on Twitter for the latest @openpoollabs

None of the content provided by OpenPool Inc. should be considered investment advice. The views expressed in this article are those of OpenPool’s only. Always do your own due diligence when making investment decisions.