Footprint Analytics

Posted on Nov 14, 2022Read on Mirror.xyz

The Footprint Data API gives Web3 platforms unified, cross-chain data

For services and platforms in the blockchain industry, sourcing data is easy, but making it work is a challenge.

While there’s no lack of data vendors, different chains and domains — e.g., GameFi, NFT, and DeFi — have disparate raw data, making it a considerable achievement to consolidate all the transactions and activity into an intuitive, helpful product.

The Footprint Data API is one unified solution that brings NFT, GameFi, and DeFi data to any platform with just a single line of code. It indexes 19 chains and 100,000+ NFT collections, 1,900+ blockchain games, and 14 NFT marketplaces, making it simple to start converting cross-chain data into insights.

“Before, developers would have to harmonize data from several vendors and convert the transaction info from all these various sources into something meaningful,” said Wade Deng, CTO at Footprint Analytics.

Now, Footprint Analytics categorizes the millions of daily on-chain transactions across chains into logical categories, which can further aggregate into cross-chain metrics like user profiles, floor prices, and market cap.

The result is a comprehensive blockchain data solution for all Web3 tools, platforms, and services.

“For developers in Web3, integrating blockchain data is one of the more time-consuming blocks in creating their DApps,” said Wade Deng, CTO at Footprint Analytics. “The Footprint Data API will help thousands of developers in the coming years build Web3 apps easily, becoming a core Web3 infrastructure. When it comes to the data, we want to do the heavy lifting.”

One area where the Footprint Analytics API can especially bring clarity is in the NFT market. Besides covering non-EVM chains like Solana, Flow, WAX, and Immutable, which are becoming more critical, Footprint can filter out wash trades from NFT trading, radically changing the market picture.

For GameFi, the API allows developers to understand user profiles to boost traffic and reduce operational costs. It also makes GameFi projects and their performances more transparent for investors.

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