We are excited to tell you about our new feature called hype factor. It has been live since yesterday and we think it is working working fantastically. It's a good addition to our global feeling indicator and these two indicators together tell you now a lot more about different topics. To make it clear, I start by telling the difference between these two indicators.
Global feeling tells you about the sentiment of the topic on a scale from 0 to 5 where 0 means extremely negative, 5 means extremely positive and 2,5 means neutral. Global feeling is a useful indicator, but the small drawback is that it doesn't tell you anything about the volume of the discussion. That's why we launchedthe hype factor.
Hype factor describes both the volume and sentiment of the discussion. The higher the number is, the more positive and active the discussion about the topic is. There is no upper limit. The formula of hype factor is not a secret:
hype factor = ("global feeling of last 24 hours" - 2,5) x "volume of posts during the last 24 hours"
As you can see, hype factor is positive only if the sentiment of the topic is positive. After that, the volume of posts make the difference. Hype factor helps us to spot even better the topics that are suddenly getting a lot of negative or positive attention. That's also why we decided to use hype factor in the Bullish & Bearish list on our front page.
What do you think about it?
Monday, June 13, 2011
Thursday, June 9, 2011
We are scaling up!
TruthFeed was launched officially already on January 7, 2011. Until now we have been almost on a stealth mode, because we wanted to continue improving our platform and algorithms. However, now we are finally scaling up! This is also the reason why we decided to start this blog.
So what is TruthFeed all about? Altough it is kind of a microblogging platform, we are not trying to create a new Facebook or Twitter. We are trying to create something the world is missing.
Social media is a already a huge entity, but we believe every one of us could benefit from it even more. We want to help you to make better decisions by providing a platform where you can easily share, find and discuss experiences about any topic. Many companies are already using quite advanced social media monitoring tools e.g. for marketing research, but for individual users there are no good solutions available. At least until now.
We can summarize the key idea of TruthFeed to three main points:
1. It's a microblogging platform where you can share, find and discuss experiences about any imaginable topic.
2. It's a social media monitoring tool. Our crawlers monitor Twitter and Facebook to find additional data about existing topics.
3. It's a tool for analyzing and comparing between different topics. After all, our idea is to help you to make better decisions.
So why would anyone use it?
Example 1:
Let's say you want to see what people are saying about Barack Obama. On TruthFeed you can go to Obama's topic page where you first see how the sentiment about Barack Obama has developed on the timeline. Then you can scroll down to the individual posts and see what people are actually talking about Obama at the moment.
Example 2:
Let's say you are wondering whether you should go to Harvard University or Yale. On TruthFeed you can create a comparison between Harvard and Yale to find out which one has been performing better based on the discussion sentiment.
TruthFeed is still in beta and it is definitely not perfect. However, we have ambitious goals and we are working hard to realize our vision. Hopefully also this blog will help us in the process.
So what is TruthFeed all about? Altough it is kind of a microblogging platform, we are not trying to create a new Facebook or Twitter. We are trying to create something the world is missing.
Social media is a already a huge entity, but we believe every one of us could benefit from it even more. We want to help you to make better decisions by providing a platform where you can easily share, find and discuss experiences about any topic. Many companies are already using quite advanced social media monitoring tools e.g. for marketing research, but for individual users there are no good solutions available. At least until now.
We can summarize the key idea of TruthFeed to three main points:
1. It's a microblogging platform where you can share, find and discuss experiences about any imaginable topic.
2. It's a social media monitoring tool. Our crawlers monitor Twitter and Facebook to find additional data about existing topics.
3. It's a tool for analyzing and comparing between different topics. After all, our idea is to help you to make better decisions.
So why would anyone use it?
Example 1:
Let's say you want to see what people are saying about Barack Obama. On TruthFeed you can go to Obama's topic page where you first see how the sentiment about Barack Obama has developed on the timeline. Then you can scroll down to the individual posts and see what people are actually talking about Obama at the moment.
Example 2:
Let's say you are wondering whether you should go to Harvard University or Yale. On TruthFeed you can create a comparison between Harvard and Yale to find out which one has been performing better based on the discussion sentiment.
TruthFeed is still in beta and it is definitely not perfect. However, we have ambitious goals and we are working hard to realize our vision. Hopefully also this blog will help us in the process.
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