This Blockchain Analytics firm caters to the NFT industry
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The main target behind bitsCrunch is to root out and protect the NFT industry from widespread laundering, wallet hacking, fraud, rise in fake NFT marketplaces, blockchain security challenges, etc., and in turn facilitate adoption of non-fungible tokens by improving their liquidity.
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bitsCrunch is a leading analytics company that blends artificial intelligence, machine learning, data analysis and blockchain technology. The firm offers user-friendly digital products that seek to secure the NFT ecosystem and provide industry-relevant and real-time analysis on NFT trends. This helps launch NFT ventures with ease via their product Unleash NFTs. The company was established in India and is headquartered in Munich, Germany. bitsCrunch has a workforce with a rich experience of over 25 years, which has made them the frontrunners in the blockchain space. More than 30 skilled professionals make up the talented team of bitsCrunch. They offer their proactive services in a SaaS manner where their customers can use them by staking a certain amount of their native tokens. This can cut off the rampant problems that plague the NFT industry. They build models to estimate the true value of assets and produce customized market reports and competitor analysis to help projects better understand customers or marketing opportunities. They aim to come up with a transparent NFT module that increases the credibility of an asset. The native digital utility token BCUT provides access to bitsCrunch services and the bitsCrunch network.
The best solutions offered by bitsCrunch
The firm offers a set of special features and solutions that help clients grow and secure their assets and effectively protect the NFT community. They are:
Shed: It helps effectively intercept fraud and suspicious laundering that occurs in the NFT markets.
Unleash NFTs: With Unleash NFTs, bitsCrunch and its users track NFT analytics across blockchains like Ethereum, Polygon and Avalanche with the highest speed, accuracy and reliability through a useful analytics dashboard.
liquid: Liquify addresses undervalued or overpriced NFT portfolios using artificial intelligence and performs valuation of digital assets in real time.
Crunch DaVinci: Finally, Crunch Da Vinci helps flag counterfeits, copycats and digital art to protect customers’ digital assets with an AI-modeled digital asset detention system.
bitsCrunch on a trail of success
With the consistent efforts and hard work of the entire team, bitsCrunch managed to lift its venture positively and tell its admirable success story. This dedication made them stand out from the rest of the competition and earned them several achievements. The recent NFT NYC 2022 conference held in New York Times Square was an indelible experience for bitsCrunch. Over 15,000 NFT artists, collectors, admirers and enthusiasts attended the annual convention spanning 3 days. It was the biggest NFT event of 2022, where celebrities like Snoop Dogg, Madonna and Eminem graced the event with their presence. The best NFT gatherings like BAYC and Cool Cats organize activities for holders. The event helped bitsCrunch gain more connections and great publicity as they were advertised all over New York Times Square. It also helped them greatly expand their network, attract more investors and partners to the project, and educate more people about the illegal enterprises occurring in the NFT industry and the perfect security solutions for the context.
Commenting on the event, bitsCrunch Founder and CEO Vijay Pravin said, “As a long-term NFT infrastructure project, bitsCrunch was able to attract a few VCs for our strategic round, which was testament to our solid fundamentals.”
“It was amazing to see the immediate interest in the trust and transparency aspect of digital assets. People could sense that we are building something that creates real value for the community, and so bitsCrunch’s mission was well received.” Kevin Conabree, Global Head of Growth at bitsCrunch added.
bitsCrunch, the custodians of the NFT ecosystem, strongly believe that what they are building on bitsCrunch will reach thousands of individuals and give them broader insight into NFT security. Within a few years, the venture will undoubtedly grow and rise as the ultimate NFT security solution.
Note: Investing in cryptocurrency and cryptoassets is subject to financial risk and readers should do their own due diligence. Entrepreneur Media does not support such investments.
