Lack of authentic data, laundering, plagiarism and price growth are common but unresolved issues that have hindered the growth of most projects and companies building in the NFT ecosystem.
Ergo, for the past two years, the team at bitsCrunch, a leading global NFT data analytics company, has been working to build core solutions that solve some of the big problems plaguing the industry. The company has launched its first B2C product Unleash NFTs: a premium NFT analytics platform that offers reliable insights into popular and emerging NFT collections, projects and marketplaces.
Unleash NFTs offers in-depth analysis, research and statistics in the NFT ecosystem that allows users to make informed decisions about buying and selling non-fungible tokens and understand critical indicators such as market capitalization, trading volume and other trading activities. Currently, Unleash NFTs supports NFT collections minted over Avalanche (AVAX), Ethereum (ETH) and its layer-2 solution Polygon (MATIC). The product is now working to support other major chains, such as Binance (BNB) and Solana (SOL).
In addition, bitsCrunch’s AI-powered dashboard also offers laundry trading insights. While laundering is considered an illegal activity in the traditional financial world, regulations and laws surrounding NFTs have yet to be determined, putting laundering in a gray area. Considering this, Unleash NFTs also offers statistics on laundry trading activities, so we can distinguish between real and fake laundry trading volumes. The product ultimately creates more trust and transparency in the distributed space by weeding out distorted data and offering accurate and accessible NFT insights.
“bitsCrunch aims to become the North Star for NFT security, a focal point where investors, projects and marketplaces can reach to find accurate and deep insights into NFTs,” said Vijay Pravin Maharajan, founder and CEO of bitsCrunch.
“Unleash NFTs results from our quest to create a more transparent and trustworthy ecosystem.”
To learn more about Unleash NFTs, tap this quick guide to help you navigate the dashboard.
About bitsCrunch
bitsCrunch is a leading global data analytics firm specializing in multi-chain insights for NFTs and digital assets. Established in 2020, we are pioneering crypto data research to allow retail, institutional and venture investors to make better funding decisions through risk management tools and an all-encompassing analytics platform.
Apart from Unleash NFTs, bitsCrunch also offers NFT risk management tools that detect counterfeit NFTs, wash trades and determine the true value of NFTs.
