Moving beyond NFT Indexing, the bitsCrunch Network now serves a range of Web3 use cases, enabling authenticity verification, fraud detection, collateral evaluation, AML and KYC, investment analysis & transaction monitoring
Munich, Germany - 16 July 2024 – bitsCrunch, a pioneering force in blockchain analytics, has announced a strategic expansion beyond its renowned NFT indexing solution, extending its AI-powered data analytics capabilities to regulators, CEXs, gaming developers, DeFi participants and more.
By broadening its scope beyond NFT indexing, bitsCrunch aims to address various data analytics, security, and validation needs across different blockchain applications, positioning itself as a comprehensive solution provider for the entire Web3 industry.
bitsCrunch's network will incorporate new endpoints for tokens, DeFi, wallet analytics, and more, making the network more versatile. Users will benefit from a network capable of handling a broad range of tasks, empowering developers and businesses building innovative blockchain solutions. Integrating advanced data validation and fraud detection mechanisms will enhance the bitsCrunch network’s security and trustworthiness. Users can also rely on the network for accurate and secure data, crucial for the integrity of blockchain transactions and applications.
With an advanced suite of capabilities, developers building decentralized applications (dApps) can now build faster with bitsCrunch’s AI-Enabled data network, eliminating the need for their own servers or indexing, while allowing them to focus on innovation with automated data processing and access pre-built analytics for NFTs and DeFi. bitsCrunch’s data marketplace can reduce operational costs related to infrastructure by up to 90%, with flexible pricing options ensuring users only pay for what they use, enhancing cost efficiency.
Vijay Pravin, Founder & CEO of bitsCrunch, said:
“This strategic expansion ensures that bitsCrunch remains at the forefront of blockchain innovation, continually evolving to meet the community’s needs and setting new standards in data integrity, security, and utility. Today’s announcement opens up various use cases and opportunities for different industry stakeholders to leverage our AI-Enabled Decentralized Blockchain Data Network, from regulators, CEXs, gaming developers and DeFi participants, giving us a scalable growth pipeline.”
To learn more about bitsCrunch, visit the official website here. To stay up to date on the latest bitsCrunch developments, updates and exclusive content, join the official Telegram channel: https://t.me/bitsCrunch
About bitsCrunch:
bitsCrunch is a community-driven AI-Enhanced Decentralized Data Analytics & Forensics Protocol that uses advanced computations and AI/ML algorithms to deliver smart insights on blockchain assets in the NFT, GameFi, and DeFi space. At the heart of the solution is the bitsCrunch Network, a decentralized community-driven data platform where developers can contribute algorithms, enhancing reliability. Users can make informed choices by offering precise statistics, valuations, and fraud detection.