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Nansen launches data platform for cryptocurrency investors and projects

By Jerry McNeill
Mar 10, 2023
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Blockchain analytics platform Nansen has announced the launch of Nansen Query, a new solution designed to provide comprehensive data solutions for crypto-focused teams and projects.

In a press release shared with CryptoPotato, Nansen revealed that the new platform will enhance multi-chain data access, helping entities make better customer, product and investment decisions. According to the press release, Nansen Query is built on Google Cloud Platform and can be easily integrated into an active technology stack. The solution enables enterprises to access reliable, secure and highly scalable data pipelines that can process extremely large data units in real time.

Nansen revealed that the need for high-quality on-chain data needed for accurate user segmentation and fragmentation among data providers inspired the creation of Query.

With its multi-chain data coverage capabilities, Query will help ensure that trade-offs between time, value, and reliability are no longer an obstacle for crypto industry teams. Notably, some crypto entities are already using Nansen Query for their business, and have been doing so in secret for over a year. Platforms such as Google, OpenSea, and MakerDAO have already integrated the product into their tech stacks.

Commenting on the launch, Karina Qian, Head of Business Analysis at OpenSea, a non-fungible token (NFT) marketplace, said: “We rely on Nansen for high-quality, fresh, and reliable on-chain raw data that we have easily integrated into our production data pipeline for anomaly detection and market analysis. It is already part of our infrastructure and decision-making process an integral part of it.”

In addition, Nansen said that the data platform covers the most popular blockchains in the world, including Ethereum, BNB Chain, Polygon, and Solana. It covers 95% of the Total Value Locked (TVL) on all chains and 98% of all stablecoin deposits on those chains. “Now, this is the platform that Nansen analysts use to perform on-chain analysis, build dashboards, and share their work with others. Our mission is to create the future winners in finance, and by allowing more teams to directly access Nansen data, we will Help crypto teams win," said Nansen CEO Alex Svanevik.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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