Flipside Launches Blockchain Industry’s First On-Demand Enterprise Data Offering on Snowflake Marketplace

Exclusively available on the Snowflake Marketplace, “Flipside Shares” provide easy access to fully curated, enterprise-grade blockchain data for the burgeoning enterprise market

Flipside provides access to the largest number of blockchains and protocols in the Web3, including Ethereum, Solana, Flow, Near, Axelar and more than a dozen others

BOSTON, May 17, 2023–(BUSINESS WIRE)–Flipside, a pioneer in blockchain marketplace design and analytics, today announced the launch of its on-demand blockchain data offering specifically for the enterprise. Available on the Snowflake Marketplace, Flipside Shares give mutual customers – of all sizes – access to expertly modeled and curated blockchain datasets, without the hassle of managing nodes, complex data pipelines or expensive data storage. Flipside provides access to the largest number of blockchains and protocols in the Web3, including Ethereum, Solana, Flow, Near, Axelar and more than a dozen others.

Access to cross-chain data: An industry milestone

“From the beginning, our mission has been to help blockchains succeed, and democratizing access to the best cross-chain data available is another important milestone in doing so,” said Dave Balter, CEO of Flipside. “Our data is already being used by top venture firms, institutional investors and blockchains themselves seeking to understand Web3 activities.”

“Our partnership with Flipside aligns with our mission to mobilize the world’s data,” said Rinesh Patel, Global Head of Financial Services at Snowflake. “Together, we will provide our mutual customers with access to valuable data and analytics that will be critical to the next wave of Web3 development.”

Enterprise challenge and solution

The main challenge businesses have with blockchain is that while the data is open, it is usually not accessible or readable by humans. In order to make sense and put blockchain data to good use, companies have faced the need for large investments in computer engineering and administrative costs. Flipside solves this problem by providing easy access to fully curated data shares fed directly into an organization’s system with Snowflake Marketplace, eliminating the need for IT resources, expensive data storage and complex data pipeline management.

The story continues

Expertly modeled and SQL ready, Flipside Shares unlock deep insights from leading blockchains. Unique to the Web3 world, Flipside works directly with leading blockchains and their protocols to offer the most accurate blockchain data available – including for both blockchains and protocols.

Benefits for business customers include:

• Business-quality data and on-demand resources helping builders and analysts get ahead of the Web3 curve for enterprise customers. No IT costs or complex data pipelines to maintain.

• Fresh data and SQL ready: Data flows in near real-time from Flipside’s node network, through curation pipelines, and into a user’s Snowflake account. Integrate SQL-ready data into your system with just one click.

• Fully curated and enriched: Expertly modeled by our crypto-native Flipside team and community of more than 30,000 analysts. On-chain data enriched and contextualized with off-chain data.

• Dedicated support: Users have dedicated support and access to Flipside data experts to help you navigate the expanding world of blockchain data.

• Visibility across chains: Unique in Web3, access data across 20+ blockchain partners with curated cross-chain views.

Early customer adoption

Innovative customers across industries are using Flipside Shares to support their business – with new use cases constantly emerging – including:

• Blockchain foundations and their protocols: Measure and analyze business development goals and ecosystem health

• Hedge funds and venture capital companies: Analyze asset allocation and develop trading logic on blockchain data

• Publishers (media companies and research firms): Build Web3 insights and research products for subscribers

• Web3 Gaming and NFT projects: Engage, retain and grow the user community

• Technology companies: Build data-driven logic into AI chatbots and other products

“We chose Flipside for the breadth of blockchains covered and their highly responsive support team, but also for their best-in-class Application Binary Interface (ABI) decoding,” said James Hutchins, Managing Partner at North Island Ventures. “Flipside has standardized the decoding of events for all contracts they have ABIs for – the largest coverage in the industry. This is important for us to extract what is actually happening on-chain from the raw data. Without events, we cannot understand what a transaction is . do.”

Starting

To learn more about Flipside Shares and sign up for a free trial, visit https://data.flipsidecrypto.com/flipside-shares-trial/.

Snowflake Marketplace is powered by Snowflake’s pioneering cross-cloud technology, Snowgrid, which gives companies direct access to raw data products and the ability to leverage data, data services and applications quickly, securely and cost-effectively. The Snowflake Marketplace simplifies the discovery, access and commercialization of computing products, enabling companies to unlock entirely new revenue streams and expanded insights into the cloud. To learn more about the Snowflake Marketplace and how to find, try and buy the data, data services and applications needed for innovative business solutions, click here.

About Flipside Crypto, Inc.

Flipside is a pioneer in the design and analysis of blockchain marketplaces. Our mission: to enable blockchains to succeed by better understanding and serving the various components of their communities – analysts, builders, traders and others.

Flipside offers Web3 analytics and services across nearly two dozen blockchains—including Ethereum, Solana, Flow, Near, Cosmos, and Polygon—with comprehensive, curated blockchain datasets for Web3 development, without the hassle of managing nodes, complex data pipelines, or petabytes – scale data warehouse.

Founded in 2017, Flipside is backed by some of the industry’s leading investors, including Republic Capital, True Ventures, Galaxy Digital, M13, Dapper Labs, Collab Currency, Tribe Capital, HashKey and others. Flipside is an external first company with its leadership based in the US, and a growing international team of nearly 100. For more information, visit: https://data.flipsidecrypto.com/.

See the source version at businesswire.com: https://www.businesswire.com/news/home/20230517005385/en/

Contacts

PR for Flipside
Theresa Smith
Silicon Valley Story Lab
[email protected]
+1-818-704-8481