Introduction

Narratives, data and assets move the crypto markets. Each cycle, month and year, the meta keeps changing. Either the data follows the meta, or leads it. To keep up with the ever changing markets, analytics solutions like BitsCrunch are indispensable. BitsCrunch differentiates itself from other analytics providers like Tokenterminal, Dune, Artemis etc., by being one of the first decentralized data networks leveraging AI to provide blockchain analytics and forensic data across multiple blockchains. It enables developers to access critical NFT, wallet and other digital asset insights through a single, unified API. As the markets progress into 2025, the need for in depth analytics coupled with forensic capabilities is the need of the hour. With much to unpack, let’s dive into how bitsCrunch is addressing this need.

1. Why Now

A lot of you may be wondering, “Analytics are cool and needed but why the focus on NFTs?” Well, there are three parts to this:

1. NFTs are here to stay and require in depth analytics beyond metrics into forensics
2. NFTs are poised to expand in use cases and be adopted within existing use cases, requiring in depth data coverage.
3. Existing analytics solutions do not adequately cover NFTs in depth

1.1 NFTs are here to stay: State of NFT Markets Q1 2025

Let’s look at the current data first. As per external reports, the NFT Market recorded $8.83 Billion in sales, which is a slight increase of 1.1% over 2023. Although overall, the volume is behind the NFT Bull run of previous years.
As per bitsCrunch’s data, between February 12th 2024, and May 11, 2024, the total trading volume for NFT collections (across Avax, Ethereum, Polygon, BNB Chain & Solana) is $2.22B. Moreover, the number of unique NFT traders during the same period has gone up by 8% to a total of 1.1M, while transactions have fallen by 1% to 47.3M.
The numbers show us that there is an uptick in overall activity and size in the NFT markets. Moreover, with projects like Pudgy Penguins and Azuki hitting the market, there is a spur about the market reminiscent of its best cycles.

1.2 The need for dedicated NFT forensics

As the NFT market activity picks up and the overall market size expands in the coming month, so will the illicit activities that come along with it. This includes, for example, washtrading and forgery.

Wash trading

Wash trading is the practice of the buyer and seller colluding to trade between themselves in order to artificially inflate NFT prices. This is also possible in the instance the buyer and seller are the same party. A simple example would be when the creators of an NFT collection use another wallet to buy an NFT from their collection at a higher price than the floor. Repeatedly doing this can falsely signal to the market that the NFT collection is appreciating in value quickly and attracting investors, whereas the price is in fact being manipulated. In fact, data shows that 1 in every 20 secondary market NFT transactions are wash trades. This shows the need for analytics solutions that dedicatedly and comprehensively cover NFTs, with appropriate metrics and visualizations.

Other fraudulent activities

NFTs, like email, are also subject to everyday phishing attacks, counterfeits, and misleading metadata. With the latter, NFT metadata can direct a user to a phishing website, prompt users to connect their wallet, and then run malicious smart contracts to drain user funds.
In the absence of regulatory protection & investor disclosure frameworks, there is a need for not just analytics but in-depth forensic analysis tailored for NFTs. Transaction forensics are crucial for analyzing NFT sales data and involve running heuristics on vast amounts of user data. To obtain precise results, data must be collected from the blockchain's genesis, requiring a comprehensive examination of its entire history.

1.3 The impending NFT adoption expansion

NFTs have rebounded in activity and certain market catalysts are likely to help the sector grow further. These are:

ERC 404

ERC 404 is a new unofficial token standard combining the elements of ERC-20 and ERC-721. It brings fungibility to non-fungible tokens. Previous approaches to enhancing NFT liquidity were to lock NFTs in protocols and get tokens representative issued against them. However, ERC 404 unlocks native fractionalization without the need to utilize external protocols thus creating a new UX. It unlocks the concept of “semi-fungible” tokens. This unlocks various possibilities such as fractional NFT ownership, where users can access the upside of expensive NFT collections without needing to commit all their capital at once. The first project to implement ERC 404 was Pandora- offering 10,000 ERC-20 tokens with 10,000 corresponding ‘Replicant’ NFTs. Each token sold would result in each corresponding NFT burned. Though it is still early days and the standard has not been officially adopted via the EIP route, it unlocks new possibilities for NFT liquidity and investor access.
Furthermore, this unlocks new potential for RWA tokenization given the native fractionalization capabilities. This will be a space to watch in the coming months.

Web3 Socials Driven Growth

Web3 socials have been another key narrative in this cycle so far. Farcaster, Lens Protocol and now TON have enabled a new paradigm for consumer crypto. Web3 features, web2 UX, and mobile-first access have been key enablers of their growth. The stats speak for themselves:

• Farcaster - 650,000+ total users, 44,000 DAUs, and over $2.5M in lifetime revenues.
• Lens Protocol - 638000+ lens profiles, 23707 DAU,s and over $500,000 in lifetime revenues.
• TON - over 133M accounts, ~3.7M transactions per day, 400,000+ DAWs, and $62M TON locked in liquid staking among other stats.

So what does this have to do with NFTs?
Well, the idea is simple. The trend clearly shows that L1s and L2s are integrating with web3 social protocols for distribution. Social first interfaces with crypto-native functionalities have proven to be an effective channel for accessing users for these players. Warpcast already enables in-app NFT mints and NFT gated group chats. TON has had 20.25M+ NFTs minted to date. Lens Protocol’s user profiles and possible interactions (follow, like, comment, mirror, etc.) are based on NFT primitives. As more people adopt this approach and as consumer social protocols/apps grow, NFT adoption will stand to benefit. This in turn requires analytics that are multifaceted to cover, report, and analyze these use cases and also ensure forensic capabilities adapt to the same.

Web3 Gaming Driven Growth

Web3 Gaming is another use case that will accelerate the adoption of NFTs. Gaming transactions are up 370% YoY to above 3M in Q1 2024. The narrative around owning digital collectibles, skins, trading cards, and other in-game assets is not new. However, as the number of games going to market increases this cycle along with mobile-first distribution (e.g. XTREMEVERSE as a mobile-first web3 game, Sui launching its Suiplay0x1 web3 mobile gaming device, etc.) web3 gaming is set to become mainstream sooner rather than later. Epic Games already has 127 games on its platform and is launching 20 NFT games as well.
Inferring from this report, Telegram led user acquisition by making up 21% of new Web3 game launches. Gaming tokens also saw a rise of 200% YoY rise, while funding saw a 17% YoY gain.
This again will require dedicated analytics and forensic capabilities.

1.4 Greater adoption requires greater analytical capabilities

As the NFT niche (just like all other verticals like DePIN, DeFi, Stablecoins, etc.) grows bigger in the overall web3 landscape, there is a need to have specialized and holistic analytical capabilities tailored to NFTs. Existing solutions either:

• Focus on covering a wider range of assets or
• Have incomplete NFT-related details/metrics - crucial NFT project details or metadata information may be missed by traditional analytics providers or
• Do not have the ability to visualize this data effectively.
• Have centralized control over data aggregation and dissemination - this can lead to biased information or potential censorship, which undermines the trust and reliability that users seek in the rapidly growing NFT market.
• Do not have advanced NFT metrics tracking with a forensics focus - NFT forensic capabilities such as Address Interaction Visualization, exploit analysis, and sanctioned wallet identification are not usually provided.
• Do not adopt a community-first approach - many existing NFT data providers do not offer opportunities for community members to contribute data, insights, or other relevant information. This may limit the potential of collective intelligence and collaboration.

Thus, as NFT markets increase in size, complexity, and adoption, there exists a gap in the market for analytics solutions tailored to this dynamic asset class.

2. Enter bitsCrunch: The AI-Enhanced Decentralised NFT Network.

bitsCrunch positions itself uniquely by integrating AI technology to provide deeper insights and forensic capabilities. Unlike traditional analytics platforms, bitsCrunch offers targeted solutions for the NFT market, distinguishing itself from competitors by focusing on the intricacies of NFT transactions and digital art fraud (as discussed above). It offers various products and functionalities that have been recognized by entities like PwC Germany and Accenture and is backed by top-tier investors such as Coinbase Ventures and Polygon Ventures.
In short, it addresses the current market needs and challenges by:

1. Enhancing NFT Transaction Security: Through its advanced detection and alerting systems, bitsCrunch safeguards users against common risks such as phishing, fake listings, and misleading metadata.
2. Empowering NFT Valuations: With tools like Liquify, bitsCrunch provides AI-powered fair value estimations for NFTs, aiding buyers and sellers in making informed decisions based on accurate market data.
3. Supporting NFT Creators and Brands: By preventing digital art forgery and protecting intellectual property, bitsCrunch ensures that creators receive rightful recognition and compensation for their work, thereby maintaining the overall integrity of the NFT marketplace.

2.1 Key Features:

• Comprehensive product features covering all aspects of NFTs
  • NFT Analytics & Metadata
  • NFT wash trade & forgery detection
  • NFT price estimation - An accurate method of determining fair values for NFT assets using AI.
  • NFT portfolio management
  • NFT authenticity checker
  • NFT copyright protection
  • NFT collection rating
  • NFT market index
  • A dedicated platform for end-to-end NFT insights and visualization called Unleash NFTs
• Decentralized and Community-Powered: Encourages active community participation in governance and network maintenance.
• Multi-Chain Integration: Simplifies the development of multi-chain applications by providing a single API to access insights across multiple blockchains.
• Forensic and Analytical Tools: Offers advanced data analysis to identify risks, detect fraud, and ensure the security of digital assets.

2.2 Deep Dive: Holistic NFT Analytics

Wash Trading

bitsCrunch effectively addresses critical challenges in the NFT market, including wash trading—a form of market manipulation where a seller trades an NFT with themselves to inflate its value. It does this through its custom wash trading index which tracks the volume of wash trades, assets involved in the washtrade and the potential wallets involved.

By utilizing advanced AI-driven analytics, bitsCrunch identifies and flags such fraudulent activities, enhancing transparency and trust in NFT transactions. This capability helps protect the integrity of the NFT ecosystem while also providing market participants with transparency and sufficient information in making transactional decisions.

Tracking Overall Trade Activity

NFT trade activity refers to the buying, selling, and exchanging of (NFTs) within various marketplaces or platforms. NFT trade activity can encompass auctions, direct sales, peer-to-peer trades, and other forms of transactions within the NFT ecosystem.

Marketplace Activity

bitsCrunch also offers insights into marketplace distribution volume i.e. the amount of volume processed by various NFT marketplaces along with the active traders per marketplace.

Top NFT Collections Overview

Users can view the volume, activity, and top NFTs sold in collections to keep track of the latest projects moving the markets.

Top 10 Wallets by Portfolio Value

Whales are often tracked in the crypto markets to predict and analyze current market trends. bitsCrunch provides the top whale wallet insights from both the buy and sell side.

NFT Gaming Collection Overview

Users can view data points of all the metric topics for individual NFT gaming collections in different blockchains to make it easier for them to invest or to understand gaming involvement in the NFT ecosystem in general. The metrics tracked in this case are:

• Volume
• Active wallets
• Growth rate
• Unique active wallets
• Smart contract interactions
• Interaction rate

3. Technical Breakdown

3.1 Network Architecture Overview

bitsCrunch’s architecture is divided into 4 key layers:

1. Data Querying
2. Data Processing
3. Data Acquisition
4. Data Storage

Data Querying

The data query layer enables users to access the information they need from the underlying network. It enables consumers to securely and efficiently query the network for data that has been enriched by other participants in the network. Currently, the bitsCrunch network has 49 node operators that operate autonomously and handle all queries independently. This approach ensures high availability and fault tolerance along with enabling scalability and parallelism by distributing the workload across multiple nodes. In other words, as the volume of data queries rises, the network can adapt and function smoothly.

Data Processing

The middle layer of a network is responsible for the function of data enrichment and preparation for user consumption. This layer takes the block data produced by the data querying layer and applies various complex algorithms and processes to it. In particular, the middle layer is responsible for executing all AI/ML models and metric calculation logic. This includes running various machine learning algorithms, performing statistical analyses, and applying other computational techniques to extract key insights from the data. The aim of this complex processing is to ensure that the data insights are produced that arm consumers with accurate and actionable data to make informed decisions.
To ensure network security at the data processing layer, bitsCrunch employs advanced encryption techniques, such as elliptic curve cryptography, to secure access keys and restrict system entry.
Additionally, participants are required to lock the network's utility tokens ($BCUT) as a safeguard, which are subject to slashing in the event node operators indulge in malicious behavior.

Data Acquisition

This layer is responsible for maintaining the integrity of the network. This layer is responsible for retrieving block data from various blockchains and then storing it in the query node's distributed database. Node operators earn rewards in $BCUT for successfully retrieving and storing such block data.

Data Storage

The final layer in the stack, the data storage layer stores all the data gathered from the processing and acquisition layer.

3.2 Network Roles and Contributions

Based on its network architecture, bitsCrunch has established several key roles to ensure the efficient operation and governance of its network:

• Operators (Query Processing Nodes): Query processing nodes are dedicated to serving user queries. The request router forwards the queries to the nodes. Furthermore, a record of each user query is maintained in a decentralized storage system, which is periodically aggregated, and the hash of the file is recorded in the blockchain. This file is essential, especially during disputes or validation procedures. The compensation for query nodes includes query fees and network rewards, distributed proportionally based on the volume of queries processed.
• Consumers: consumers refer to the data consumers that make the actual data queries. This includes both individuals and enterprises.
• Contributors: these are community members who contribute code or content, playing a vital role in the continuous improvement of the network's capabilities. Contributors can engage in activities such as proposing metadata for NFT collections or organizing and categorizing NFT data.
• Indicators: these are participants who signal which blockchains to index and which data needs attention, helping to maintain the accuracy and relevance of the data provided by the network.
• Delegators: these are token holders who delegate their $BCUT tokens to node operators, enhancing network security and earning rewards through staking mechanisms. Delegators are crucial for maintaining the decentralized integrity of the network.

4. Journey from Testnet to Mainnet

The bitsCrunch incentivized testnet demonstrated the platform’s technical prowess and global community engagement

4.1 Overview of Testnet Phases

The testnet was conducted in four structured phases, each targeting specific network functions and community segments:

1. Early Operator Onboarding: Initiated in May 2023, this phase integrated over 50 experienced node operators, managing a collective $7 billion in TVL. Their involvement facilitated closed-group testing to assess network stability and scalability.
2. Early Customer Onboarding: Focused on onboarding 50 Web3 startups to evaluate bitsCrunch’s analytical capabilities, ensuring the platform could meet diverse commercial needs.
3. Data Testing via Unleashnfts.com: This phase, starting in July and ending in September, incentivized community participation through gamified data testing. It provided insights into user engagement and network data handling.
4. Network Functionality Testing: Running from November 27, 2023, to January 15, 2024, the final phase was the most comprehensive, involving extensive stress tests to gauge network stability and capacity.

4.2 Key Performance Metrics

• Participant Engagement: Nearly 100,000 participants engaged across all tasks, with 70,000 joining during the fourth phase. This indicates significant interest and accessibility.
• Query Processing: Over 550 million queries were processed, peaking at 14,000 requests per minute, demonstrating high throughput efficiency.
• Global Reach: Participants from over 160 countries across six continents engaged in the testnet, highlighting bitsCrunch’s global accessibility.
• Community Contributions: More than 860,000 contribution proposals were submitted, reflecting broad participation and engagement.

4.3 Achievements and Impact

• Scalability and Robustness: The network handled high query volumes and interactions effectively, confirming its scalability and resilience.
• Community-Driven Development: Active participation facilitated diverse feedback, valuable for refining network functionalities.
• Token Distribution and Incentives: The distribution of millions of BCUT tokens simulated economic and staking activities, providing insights into the platform’s incentive mechanisms.

4.3 Successful Mainnet Launch

Following the $BCUT token listing event, the bitsCrunch Network mainnet was officially launched, marking a significant step in its roadmap. The mainnet activation enables $BCUT token holders to delegate their tokens to operators, boosting network security while earning rewards. This delegation strengthens the network by enhancing its decentralized nature, making it more resistant to attacks.
The Delegation Incentive Program offers APY rewards ranging from 15% to 20%, with an initial bonus schedule reaching up to 100% APY. The aim is to align the interests of BCUT holders with network growth, encouraging their participation in building a more secure and efficient ecosystem.

5. Key Highlights

Since going live with its mainnet earlier this year, bitsCrunch has achieved considerable adoption and growth:

• Successful Mainnet Launch: bitsCrunch's mainnet went live in February 2024, marking a major milestone. The network leverages a Delegated Proof-of-Stake (DPoS) consensus mechanism. The network launch was coupled with the launch of its utility token $BCUT, whose utility is to enable token holders to:
  • Access enriched NFT data within the bitsCrunch ecosystem
  • Query data at a discounted price.
  • Actively participate in network security through staking mechanisms
  • Participate in decentralized governance by voting on proposals and changes to the network’s protocol
• API Adoption Growth: Post-mainnet, API usage increased by 40%, signifying strong developer adoption and trust in bitsCrunch's analytics platform.
• Testnet Performance: The bitsCrunch incentivized testnet attracted nearly 100,000 participants and processed over 550 million queries, validating the platform’s scalability and technical robustness.
• Strategic Partnerships: to enable further adoption at scale, bitsCrunch has partnered with the likes of Mastercard and Animoca Brands, who have embedded bitsCrunch's forensic analytics into their broader digital asset activities.
• Successful Token Sale: The $BCUT token sale raised $3.85 million in 24 minutes on CoinList, highlighting strong demand, market validation, and community support.
• Solana Blockchain Expansion: bitsCrunch forayed beyond EVM & EVM-compatible chains by integrating with high-throughput blockchains like Solana. This has enabled bitsCrunch to track over 14 million NFT mints, and most importantly, being able to detect $99 million in wash trades.
• Foundation Establishment: in its mission to stay true to the ethos of decentralization, bitsCrunch has launched The bitsCrunch Foundation. The foundation’s goal is to drive ecosystem growth and innovation, create the roadmap for transitioning to a DAO, focus on advanced R&D, and protocol development, support open-source projects, and maintain regulatory compliance.

6. BCUT Tokenomics and Financial Performance

6.1 Overview of BCUT Token

$BCUT is the native utility token of the bitsCrunch network. Its primary utilities lie in. Its primary purposes are to ensure network security, incentivize participation, and maintain economic stability within the ecosystem. It further allows token holders to vote on proposals and changes to the network's protocol. Lastly, $BCUT also enables data consumers that stake the token to receive discounts on their query pricing. The token's functionalities are designed to support and further the decentralization of the bitCrunch network.”

6.2 Token Supply and Distribution

The total supply of BCUT tokens is capped at 1 billion. This finite supply underpins the token's value and helps manage inflationary pressures. The distribution strategy for BCUT is structured to align with the network's long-term growth and sustainability goals:

Fig 6.2 bitsCrunch Tokenomics Breakdown

6.3 Community Sale:

The community sale took place on CoinList, which occurred on December 14, 2023. The sale concluded quickly, selling out in just 24 minutes with a total of $3.85 million raised, highlighting strong market demand. This phase made 7% of the total token supply available at an initial offering price of $0.055 per token.

6.4 Market Performance:

Post-launch, $BCUT has been listed on major cryptocurrency exchanges including KuCoin, Gate.io, Crypto.com, and ByBit. The token's price has seen a high of $0.5359 and a low of $0.01971, with a current market capitalization of approximately $17 million and daily trading volumes of around $4,000,000.

6.5 Economic and Security Functions

BCUT's tokenomics are designed to ensure the long-term viability and security of the network:

Incentive Alignment:

Operators, Delegators, Indicators, and Contributors are required to stake BCUT tokens to participate in network activities. This staking mechanism ensures that participants have vested interests in the integrity and success of the network.

Network Security:

Staking also adds layers of security, as it makes potential malicious activities economically unfeasible, thus safeguarding the network's integrity.

Autonomy and Independence:

By utilizing its native token, bitsCrunch reduces its dependency on external cryptocurrencies, which often experience volatile price fluctuations. This autonomy allows the network to operate within a stable economic environment.

Governance:

BCUT holders have the right to participate in decentralized governance processes, proposing and voting on key network decisions. This fosters a democratic and transparent decision-making environment.

Economic Flexibility:

The network leverages BCUT to fine-tune economic incentives through measures such as adjusting token issuance rates and introducing token burns to manage supply and enhance value.

7. Funding and Partnerships

7.1 Strategic Partnerships

bitsCrunch has cultivated a network of strategic partnerships with players across various industries not restricted to just web3. The goal of making these partnerships has been to increase the platform's reach to new audiences and use cases. Some noteworthy partnerships have been:

• Mastercard Start Path: Through its partnership with Mastercard, bitsCrunch was incubated under the Start Path program, with the focus of scaling its offerings with Mastercard’s fintech solutions, global network, and consumer base. This collaboration was entered in with a focus on facilitating safe and secure transactions for a wider audience, offering mainstream consumers a trusted and secure gateway to crypto assets, particularly in the NFT market.
• Multichain Approach: bitsCrunch has expanded its analytics capabilities to 5 blockchains i.e. Avalanche, Binance Smart Chain, Ethereum, Polygon, and Solana. The platform's NFT data analytics tools are also utilized by Unstoppable Domains, DappRadar, and Blockbrain

7.2 Funding Overview

bitsCrunch has achieved the following fundraising milestones:

• Private Rounds: The platform successfully completed private funding rounds, including a $3.6 million round led by Animoca Brands and a $2.4 million strategic round led by HashKey Capital. Other notable participants included Coinbase Ventures, Crypto.com Capital, Polygon Studios, and Cypher Capital. This strategic investment enabled bitsCrunch to expand its analytics services and team.
• Major Investors: The platform has garnered investments from prominent funds like Coinbase Ventures, Chainlink, Polygon Labs, Shima Capital, and Animoca Brands. These investors recognize the project's potential in providing decentralized data analytics and forensics for NFTs, wallets, and digital assets.
• Seed Funding: Earlier funding efforts included a $750,000 seed round completed in September 2021. Participants in this round included GenBlock Capital, Ledger Prime, Covalent, and MEXC Global. The funds were allocated to strengthen the project's infrastructure and expand support to other blockchain networks.

8. Strategic Developments in 2024

8.1 bitsCrunch Foundation

To drive growth and innovation within the ecosystem, bitsCrunch announced the creation of the bitsCrunch Foundation, which recently put up $5M for its ecosystem grant program. Its primary mission is to bolster the network through development support, marketing, and regulatory compliance. The foundation is dedicated to advancing the bitsCrunch protocol and network, improving research and development, supporting open-source projects, and empowering applications that utilize bitsCrunch's services.
The foundation is led by an interim council that includes core members Gopi Kannappan and Vijay Pravin Maharajan, who are focused on expanding the council, establishing a constitution, and building a roadmap for transitioning to an on-chain DAO. The goal is to foster a sustainable and community-driven ecosystem that prioritizes accessibility, innovation, and open-source technology advancements.

As of Q2 2024, bitsCrunch announced a huge airdrop campaign with 200,000 BCUT Tokens up for grabs for the community. Coupled with testnet tasks, the team managed to garner a lot of organic traction for the ecosystem.

8.2 Expansion into Solana

Another milestone in bitsCrunch's roadmap was the comprehensive indexing of the Solana blockchain, providing in-depth analytics and forensic services for Solana-based NFT projects, marketplaces, and gaming brands. These services include price estimation, intellectual property infringement detection, and comprehensive market metrics.
bitsCrunch has comprehensively indexed all Solana blocks offering in-depth analytics & forensics for digital assets, marketplaces, gaming & brands within the ecosystem.

• Sales and Minting: 14 million NFTs minted and $10 million in mint volume.
• Indexed Blocks & Transactions: 255M blocks and 276B transactions have been indexed.
• Data processing: 129.52TB of data processed.
• Holders and Traders: 461,000 unique NFT holders and over 2.34 million traders have been identified across 50 million transactions.
• Wash Trades: The system detected 518,000 wash trades totaling $99 million in manipulated trading volume.

9. The Future Roadmap

The goal for bitsCrunch is to continue to bootstrap network activity, adoption, number of node operators, and overall usage. Initially, this network will include bitsCrunch developed AI/ML models, metrics, insights, etc. As the network matures community developers will be able to contribute to the network with additional models, metrics, and other contributions. This is to ensure the longevity of the network while also providing a collaborative ecosystem.
Furthermore, bitsCrunch is introducing new analytics tools designed for the gaming and metaverse sectors, to provide nuanced insights into the adoption, use, and growth of NFTs within these sectors.
Additionally, it plans to expand its analytics coverage beyond NFTs into DeFi, with a specific focus on RWA, and also expand its coverage to other EVM-compatible and non-EVM-compatible blockchains.
Lastly, it plans to progressively decentralize the entire network and introduce a fully functional DAO governance model, in a compliant manner, in order to manage various aspects of the network e.g. including protocol upgrades, fee structures, and incentive mechanisms.

10. Closing Remarks

The need for advanced, high-quality, and comprehensive analytics is more important than ever as the markets enter into an era of increased complexity. New technological standards and developments will unlock new use cases, which will require adaptive analytics.
bitsCrunch has already swiftly solidified itself as a strategic player in blockchain analytics through a dedicated focus on NFT analytics and forensics, its mainnet launch, successful API adoption, and expansion into other chains like Solana. Its strategic partnerships with major industry players like Mastercard and Animoca Brands make it possible for it to capture more in-depth metrics and use cases pertaining to NFTs.
With ambitious plans to expand into gaming, metaverse, and other blockchain ecosystems and verticals, bitsCrunch is to keep an eye out for.