It was not until Binance launched its 32nd Launchpad project, the Crypto data analysis platform Arkham (ARKM), that everyone realized that data tools that temporarily issue a coin could become mainstream. Users don’t even need to interact with wallet addresses. They can have the opportunity to get airdrops by registering with an email address.
Open your mind. Since data tools can issue coins, what other similar commonly used tools have not yet issued coins?
Messer
On August 5, 2021, crypto analysis platform Messari announced the completion of a $21 million Series A financing round, led by Point 72 Ventures, with participation from Coinbase Ventures, Uncork Capital, Underscore VC, Alameda Capital, Blockchain Ventures, CMS Holdings, Gemini Frontier Fund and others.
On September 21, 2022, Messari announced the completion of a US$35 million Series B financing round led by Brevan Howard Digital, with participation from Morgan Creek Digital, FTX Ventures, Point 72 Ventures, Kraken Ventures, Uncork Capital, Underscore VC, Galaxy and Coinbase Ventures.
Messari is a crypto analysis platform and research organization that aims to provide comprehensive and transparent crypto asset information. It is committed to providing users with accurate, timely and reliable crypto asset data, as well as in-depth research and insights related to the crypto market.
Messari maintains an extensive database of crypto assets, including detailed information on various cryptocurrencies, tokens, and blockchain projects. Users can access this data and get real-time updates on market capitalization, supply, trading volume, price, and other important indicators. At the same time, multiple methods are used to verify the accuracy and reliability of the data, including cooperation with project teams, integration of API data sources, and analysis of on-chain data.
Messari's team also publishes research reports and insights on various crypto asset markets. These reports provide in-depth analysis of project fundamentals, industry dynamics, and market trends to help users better understand and evaluate crypto asset investment opportunities. In addition, some advanced tools and services are designed for institutional investors and professional traders. These tools include data APIs, real-time quotes and exchange data, as well as data subscriptions and customized solutions.
Messari hopes to help investors, regulators, and the public understand this revolutionary new asset class and build data tools to drive informed decision-making and investing. Messari believes that cryptocurrency will democratize access to information, break down data silos, and ultimately give everyone the tools to build wealth.
Nansen
Blockchain analysis platform Nansen previously announced in October 2020 that it had completed a US$1.2 million seed round of financing. This round of financing was led by Mechanism Capital and Skyfall Ventures, and participated by Robot Ventures, Fabric Ventures, Sparq, Volt Capital, CTF Capital, Blockrock Capital and others.
On June 29, 2021, Nansen completed a US$12 million financing round led by a16z, with participation from Skyfall Ventures, Coinbase Ventures, imToken Ventures, Mechanism Capital and QCP Capital.
On December 16, 2021, Nansen completed a $75 million financing round led by venture capital firm Accel, with participation from Andreessen Horowitz, Tiger Global, and others. The funds raised in this round will be used to expand the functionality of its blockchain analysis platform to help users protect crypto assets.
Nansen is focused on providing deep insights and data analysis on the Ethereum network. Its goal is to help users better understand and interpret activities and trends in the Ethereum ecosystem so that they can make more informed decisions.
As an analysis platform for blockchain data based on Ethereum, Nansen uses a large amount of data resources and advanced algorithms to track, analyze and visualize information such as addresses, transactions and smart contracts. It provides rich and precise data to help users gain in-depth understanding of the context of various blockchain interactions and activities.
One of Nansen's main features is its powerful address identification capabilities. By analyzing information such as the address's historical transaction records, participating projects, and interaction patterns, Nansen is able to identify and classify addresses and provide users with insights into the detailed background and behavior patterns of the addresses. This capability is helpful for studying market trends, investment decisions, and risk assessments.
In addition, Nansen provides a wealth of statistics and insights. It can show the distribution of token holders, identify the activities of large traders, track the activity of projects, and provide other key data about the Ethereum ecosystem. These data and insights are presented through interactive tools and charts, allowing users to understand and analyze the data more intuitively.
Dune（原 Dune Analytics）
The blockchain data analysis platform DUNE completed a US$2 million seed round of financing on September 23, 2020, led by Dragonfly Capital, with participation from Multicoin Capital, Coinbase Ventures, Alameda Research, Coingecko and other institutions, as well as angel investors such as AAVE founder Stani Kulechov and Uniswap's Matteo Leibowitz.
On August 12, 2021, Dune completed an $8 million Series A financing round led by Union Square Ventures, with participation from Redpoint Ventures, Dragonfly Capital, and Multicoin Capital.
On February 2, 2022, Dune completed a $69.42 million Series B financing, with a valuation of $1 billion, officially joining the unicorn club. The lead investor in this round of financing was Coatue, and participating investors included Multicoin Capital and Dragonfly Capital, which had previously invested in the company.
Dune was founded in 2018 and launched in Oslo, Norway in 2019 by Fredrik Haga and Mats Olsen. Nicknamed "Nansen for the People", it is also a blockchain data analysis platform and research tool that can be used to query, extract, and visualize massive amounts of Ethereum data. It is a web-based platform that uses simple SQL ("Structured Query Language", dedicated to database-related queries and management) queries to query Ethereum data from a pre-populated database (avoiding each script traversing the data separately and redundant transactions). Instead of having to write a dedicated script, users can simply query the database and extract almost any information on the blockchain.
Essentially, all raw blockchain data is entered into a SQL database, which can be easily queried by all users. Functions such as "data search query; write new query requirements; create visualization icons and statistics" are all free to use. Users can use powerful visualization tools to convert query results into charts and graphs to understand and display data more intuitively. At the same time, create your own dashboards and queries and share them with other users. This allows users to collaborate in the community and share insights.
0x scope
0x Scope is a Web3 knowledge graph protocol. On September 22, 2022, 0x Scope announced the completion of a US$3 million seed round of financing. This round of financing was jointly led by ABCDE, an accelerator and venture capital fund founded by Huobi co-founder Du Jun and BMAN, Hash Global and Liang Xinjun, and participated by Mask Network's venture capital Bonfire Union and Bodl Ventures, an early-stage venture capital founded by Liu Feng, the former editor-in-chief of ChainNews.
0x Scope provides an innovative solution to jointly explore data originating from Web2 and Web3 in a single product. This can transform the scattered data of Web3 into a well-organized knowledge graph; based on the new data layer created by 0x Scope, a large number of data applications can be developed. Watchers is the first product powered by 0x Scope, which gives users access to enhanced due diligence, powerful address clustering tools, transaction monitoring, real-time event alerts, and financial risk control.
Glassnode
Glassnode is a blockchain data and intelligence platform that provides the most comprehensive library of on-chain and financial indicators. Glassnode provides investors with the tools they need to navigate this emerging blockchain industry and helps users make informed decisions in an overly emotional and irrational market. At the same time, Glassnode's data and insights are trusted by leading investors, hedge funds, banks, asset managers, and crypto companies around the world.
Providing the industry's most comprehensive library of on-chain and crypto financial indicators, easily accessible through a unified API. Focusing on the industry's most liquid assets and sustainable networks: Bitcoin and Ethereum, and their token ecosystems. The platform and charting suite removes the abstraction of crypto data, making it easy to navigate, explore, and analyze industry data indicators through user-friendly tools and easy-to-understand visualizations.
Snapshot
Snapshot Labs, a provider of decentralized organization (DAO) governance solutions, announced in November 2021 that it had completed US$4 million in financing. This round of financing was led by 1kx, with participation from Coinbase Ventures, StarkWare, MetaCartel, Gnosis and Scalar. The funds from this round of financing will be used to further optimize the existing DAO governance solutions.
As perhaps the most well-known platform for on-chain governance voting among various projects, tens of thousands of addresses have initiated many meaningless votes on Snapshot. Please refer to "DeepDAO Research: Who is swiping votes in Snapshot" previously compiled by BlockBeats.
First, the Optimism network (renamed OP Mainnet) issued 423.03 OP airdrops to each of the 82,239 active DAO governance participating addresses in the Ethereum ecosystem. Secondly, the German crypto venture capital company 1kx is also the lead investor in Safe (formerly Gnosis Safe)’s $100 million strategic financing. This VC has also participated in multiple rounds of zkSync financing. Safe has issued tokens but has not yet opened them for circulation, and zkSync is a "high airdrop expectation" project that current airdrop hunters must say they need to interact with.
In addition, Snapshot has also published an article explaining the next step of the vision of decentralizing the sequencer. As for how to "decentralize", the answer remains to be revealed.
He was
Web3 wallet tool Zerion completed US$8.2 million in Series A financing in July 2021, led by Mosaic Ventures, with participation from Placeholder, Digital Currency Group, Lightspeed Venture Partners, Blockchain.com Ventures and others.
In October 2022, Zerion completed a $12.3 million Series B financing round led by Wintermute Ventures, with participation from Mosaic, Coinbase Ventures, Alchemy and Placeholder. The funds from this round of financing will be used to further develop its wallet products, enhance data analysis capabilities and provide users with a more intuitive display interface.
Currently, Zerion supports wallet address tracking services on 11 network chains. In addition, its App provides non-custodial wallet functions, where users can import mnemonics or generate wallets and conduct cross-chain and exchange transactions through the App.
It is worth noting that Zerion has launched the branded Genesis NFT and the user-exclusive "Zerion DNA" NFT series, and announced this year that the two NFTs will be merged and a premium membership program will be created. DNA will become a core part of the Zerion wallet experience.
Debank
Debank can be said to be in the same track as Zerion. In December 2021, the one-stop DeFi wallet DeBank completed US$25 million in equity financing with a valuation of US$200 million. Sequoia China led the investment, and Dragonfly, Hash Global, Youbi, Coinbase Venture, Crypto.com, Circle, and Ledger participated in the investment.
Compared with Nansen's depth in data analysis and Zerion's focus on wallet integration, Debank seems to have gone further in account socialization. In January 2022, Debank launched the Web3 social platform and Web 3 ID function, through which users can follow the trading dynamics of whales, NFT market trends, track Mirror article updates, and real-time on-chain activities of Web3 friends.
In October 2022, DeBank launched the Web3 native communication application DeBank Hi. Users can log in to the application through their wallet address and interact with the Web3 community. Based on this, DeBank also launched a Twitter-like social platform Stream, through which mainstream Web3 projects can interact with users. The social applications DeBank Hi and Stream, which are extended from the user's Web 3 ID, also have a reward function, which is implemented based on DeBank Layer 2. The project party has previously hinted at the possibility of "DeBank Chain". It is believed that as social functions become more and more complete, DeBank Chain and "DeBank Coin" may be realized simultaneously.
DefiLlama
DefiLlama is one of the authoritative websites for project data analysis in the DeFi field. In addition, the platform also provides information analysis services such as DeFi revenue aggregation information, project token unlocking information, stablecoin issuance data, Ethereum liquidity staking, etc. Recently, DefiLlama also launched the ChatGPT-4 plug-in, which allows users to query the operating data of Web3 projects directly through Chinese dialogue.
Among the many un-coined tool projects, DefiLlama is perhaps the one closest to coin issuance. In March this year, DefiLlama co-founder 0x LLam 4 announced that it would issue tokens for the project. However, this "declaration" was immediately opposed by other team members led by 0x ngmi, who believed that fundamentally, tokens had no value because DefiLlama was not a protocol and tokens could not legally become a form of equity. In the end, the team decided to temporarily shelve the dispute and the coin issuance was left unresolved.