All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any kind of investment.
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icy.tools is an NFT tracking and analysis platform founded by Icy Labs in 2021. On the platform, users can view data regarding recent floor prices, volume and sales history of NFTs. They also get to see price and volume charts for various NFTs. Furthermore, developers can use the API to search for data in the chain. icy.tools also notifies users about the latest coins and wallets that users follow.
Essentially, icy.tools is an NFT tracking and analysis platform and data aggregator. To explain, it collects and provides data around the latest floor prices, volume and sales history of various digital collectibles. Furthermore, it also allows users to view price and volume charts for NFT collections. Collectors and interested users can also use the platform to view the transaction history and portfolio value of any wallet. Then, it also offers a notification system to help users stay updated on the latest coins before they moon!
The platform started in 2021, but was acquired by Quicknode in May 2022.
NFT marketplace aggregators help users assess large chunks of data across NFT marketplaces directly in one place. An NFT aggregator also does this without having to visit these marketplaces. Instead, they combine inventory from multiple NFT marketplaces into one unified interface. This means that NFT traders can get a clear overview of the market, and therefore make bulk purchases, find new mints and take action based on data and statistics.
The analytics platform offers several important features:
If you enjoy trading NFTs, keeping up with coin habits and following the whales’ wallets goes without saying. The platform’s data is synchronized with the blockchain and therefore always has the latest data. In fact, it only reports seconds after blocks are confirmed. If you are looking for feeds with real time data on; coins, orders and transfer, this is the perfect tool. You can even build a custom realtime feed by setting favorite collections and wallets you care about. Everything connects to more in-depth data, and not only that, it’s also available immediately and all the time.
Icy Tools offers features to find new coins and bargains. Firstly, they have a trend page, which will keep you updated with the best selling collections on the market. Next, they have a discovery page that lets you see what’s minted right now in real time! As long as an NFT uses an ERC-721 smart contract, ice cold tools will pick it up.
Knowledge is power, after all, so icy tools offer information on every NFT collection it can. The platform boasts in-depth historical sales and floor/volume charts, full transaction feeds, token data, holder breakdowns and even leaderboards.
icy.tools also lets you see upcoming drops and mints with its NFT calendar. Projects go through an application and community filtering process before being listed. This means that the calendar is curated and is less likely to be blanketed than some.
On the view page, you can create lists of up to 20 collections or wallets that you want to track – all updated in real time. It’s like TradingView for NFTs! Furthermore, icy tools offer the ability to set up Push Notification alerts to follow your favorite wallets. This feature works with Discord, Telegram and even just your browser.
In short, no: Ice cold tools are not free. An icy.tools Premium account is a monthly subscription starting at $62 per month for a 6-month commitment. Alternatively, you can pay $75 per month on a month-to-month plan.
Currently, you can only pay with ETH or USD, with your wallet or bank card respectively. This is because icy tools use the payment processor Stripe. but the subscriptions don’t charge you automatically—
There is a refill system instead.
It is important to note: If you do not top up in advance, you will lose access to the premium features. Additionally, subscriptions are non-transferable – each subscription is assigned to the wallet that paid for it.
If ice cold tools are a little too expensive for you, there are also a bunch of great free NFT analysis platforms. Before you jump in and buy a subscription, you might want to try one of the following free platforms for NFT traders instead:
NFTGo is one of the many Web 3.0 projects that have proven to be a real gem for its users and the NFT community in general. Created by a group of NFT enthusiasts, the platform seeks to help you improve your NFT experience. It does this by providing you with accurate NFT data, assisting with NFT research, discovering NFTs and evaluating the value of NFT projects. Furthermore, with its new trade aggregator feature, you can now buy many NFTs simultaneously from different marketplaces.
Gem is a popular NFT marketplace aggregator. Essentially, it allows you to buy NFTs across multiple marketplaces with a single, low-cost transaction. In addition, Gem has rarity-based rankings for NFT collections.
These tools make Gem a popular choice for NFT traders. Especially for those who want to sweep NFTs around the floor price of a collection.
In April 2022, Gem was acquired by OpenSea, but the marketplace stated that Gem will continue to operate as a separate company. That said, many of the features on Gem are things that NFT traders have long asked OpenSea to add. As a result, Opensea is integrating more and more features from Gem into its marketplace.
If you’re looking for paid alternatives to ice cold tools, there are a number of those as well. NFT traders have their choice of alerting apps, aggregators and alpha groups, but the following are the most popular for reliable data on NFTs:
Ninjalerts is an easy to use NFT trading tracker for Ethereum. Simply specify which contracts or wallets you want to follow, then sit back with push notifications to your mobile devices and Google Chrome. Never miss a deal even when you’re not shopping.
Nansen is a blockchain analytics platform that combines chain data with a massive and ever-growing database containing millions of wallet tags. It is possibly one of the most respected, with free NFT analysis tools often used by our own team at NFT Night. But for the whole experience, Nansen is also quite expensive.
If you are a full-time trader, working with NFT data and statistics is definitely important. Whichever platform you choose, ice cold tools included, will give you a better insight into the NFT market. Although reviewing data is important, sometimes statistics can also be misleading. Some might argue that the free alternatives to ice cold tools do less to omit data from laundry trades. However, some would argue that the benefits of free NFT analysis tools far outweigh the negatives. Whatever you choose, you’ll never become an NFT millionaire without assessing the market first, and some of these tools can help you do just that – especially ice cold tools!
To learn more about the platform, check out the official website of icy tools and twitter account.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any kind of investment.