CryptoRank Integration Plan
π Overviewβ
CryptoRank is a key source for fundraising data ("Who gave the money and how much?"). It covers a gap in our current model by providing historical financial context.
π Integrations (The "Harvesters")β
Financials Pillar Updateβ
- Source: CryptoRank
- Data Points: Fundraising history, Backers analysis.
- Value: Calculating real Burn Rate by comparing
Total Raised(CryptoRank) vsCurrent Balance(DefiLlama).
Trust Score Impactsβ
Team Credibilityβ
- Backer Quality: Investment from Tier-1 VCs (a16z, Sequoia) = +20 pts.
- Verification: "Social Proof" that the team was vetted by professionals.
Tokenomics Riskβ
- Dump Pressure: Analysis of Vesting Schedules and upcoming unlocks.
π οΈ Technical Implementation Strategyβ
1. Database Updatesβ
Need to store multiple funding rounds per project.
-- Funding Rounds Table
CREATE TABLE crypto_funding_rounds (
id SERIAL PRIMARY KEY,
project_id INTEGER REFERENCES crypto_projects(id),
round_type VARCHAR(50), -- 'Seed', 'Series A', 'IDO'
date DATE,
amount_raised DECIMAL, -- Amount in USD
valuation DECIMAL, -- Valuation at round
investors JSONB, -- List: ["a16z", "Polychain"]
roi DECIMAL -- Current ROI
);
-- Project Table Updates
ALTER TABLE crypto_projects
ADD COLUMN total_raised DECIMAL,
ADD COLUMN backer_tier_score INT; -- 0-100 Score
2. Harvester Logic (cryptorank_spider.py)β
Since API is paid/expensive, we may start with a scraper approach for MVP.
Algorithm:
- Navigate to
https://cryptorank.io/ico/{slug} - Parse "Funding Rounds" block
- Parse "Investors / Backers" block
- Calculate
backer_tier_scorebased on Tier-1 VC list match.