Cryptoasset data platform RootData officially launches version 2.0, committed to making Web3 investments easier

php Editor Banana introduces: RootData, an encrypted asset data platform, has officially launched version 2.0 and is committed to making Web3 investment easier. This platform provides users with more convenient encrypted asset data query and analysis services, helping investors better understand market dynamics and make wise investment decisions. The launch of RootData will bring a more convenient and efficient investment experience to investors, helping them gain more opportunities and success in the field of crypto assets.

Author: RootData

Original title: "Crypto Data Platform RootData Officially Launches Version 2.0, Aiming to Make Web3 Investing Easier"

RootData released version 2.0 on February 23, aiming to promote the interoperability of on-chain and off-chain data. This version aims to provide users with more comprehensive and in-depth basic project information, and provide users with a powerful toolbox in industry research and transaction lead mining.

This will be a revolutionary experience upgrade of the Web3 data track, realizing the efficient integration of on-chain transaction data of assets and off-chain fundamental data. While viewing detailed and accurate project introductions, users can also You can view the project token overview, treasury/position overview, and transaction data flow dynamics of tens of thousands of entity addresses. This also means that RootData is being repackaged and becomes the data layer for Web3 assets.

Since the start of internal testing in December 2022, RootData has long-term focused on off-chain data of assets, such as project introduction, team, financing, news, etc., including a total of at least 22 categories, and users can learn more about it in detail The development status and background information of the project. After millions of data processing efforts, RootData has now established a mature model for data capture, cleaning, and entry, and leverages the power of professional data analysts and communities to continuously ensure the authenticity and accuracy of data. , presenting the most important and high-reliability data information in front of readers.

As of mid-February, RootData has included more than 11,000 crypto projects, 8,000 individuals, and 6,500 investment and financing/M&A information, and updates transaction changes on and off the asset chain in real time. These data are highly combined. A comprehensive UI is presented to users for viewing and use. For example, users can choose to view "unreleased projects invested by Binance Labs", "RWA projects that have received financing", "Polygon ecological projects with financing amounts exceeding US$1 million" and so on.

In addition, RootData has also specially created a "Collection" function to create an information list for projects with certain common attributes, such as "List of encryption projects that died in 2022" and "Encryption projects founded by Tsinghua University alumni" , "Ethereum Foundation Grant Project", "Crypto Project Holding Singapore Digital Payment License". Each user can also create his own exclusive Portfolio collection to track the projects he cares about and capture trading signals in advance.

Through these practical functions and powerful data engine, RootData has received praise from many parties in the industry in the past period, and has become the asset query platform of choice for many crypto asset investors, practitioners and enthusiasts inside and outside the industry, with a cumulative user base of It has exceeded 1 million, and has been spontaneously cited by media inside and outside mainstream circles such as The Wall Street Journal and Decrypt. Just like checking prices on Coinmarketcap and Coingekco, checking comprehensive information such as project financing on RootData has become a daily habit for many users.

However, the previous data type of RootData cannot provide all the fundamental information of the project, especially for projects that have issued Tokens, which may affect the efficiency of users in obtaining information.

Therefore, in the latest version, RootData integrates multiple types of on-chain data, including the project’s treasury holdings, Token flow direction, Top holding address distribution, etc., which can help users understand the project Token in a more timely manner Flow direction and treasury size, thereby better supporting investment clue discovery and transaction decision-making behavior.

Taking Lido as an example, users can see the real-time position value of their treasury, as well as the real-time on-chain dynamics of LDO tokens, List of Top holders, including related operations of well-known investment institutions and figures. Next, this area will also add overall statistics on the number of exchange inflows and outflows.

At the same time, RootData has also launched a dedicated tracker page. Users can track the address dynamics of various entities and view them according to options such as higher than US$10,000, US$100,000, and US$1 million. You can also View by exchange, project treasury, venture capital fund, individual, etc. Currently, the number of RootData's address tag libraries exceeds 30,000.

Furthermore, users can also click on any address to view all investment portfolios on the address chain, including Token positions, protocol positions, NFT positions, and recent transaction records, which can help users discover and track the address dynamics of smart money.

Compared with other on-chain address tracking platforms, RootData is characterized by providing users with richer data information and higher data readability. When users see any entity tag, they can click to the homepage of the project/institution/person to learn more about its detailed information and dynamics. For example, if a user sees an unfamiliar token or protocol at a certain whale/institution address, he or she can click on the token's homepage to learn more about its introduction, team and other background attributes.

The huge on-chain and off-chain data contains extremely considerable treasures, but today’s encryption market lacks a good enough “shovel” to mine it. This is the solution provided by RootData. RootData is committed to making Web3 investment easier from the data level.

Next, RootData will further improve the design and development of this product, use institutional-level product standards to provide efficient, intelligent, accurate and comprehensive asset information to more users inside and outside the Web3 circle, and provide corresponding Tools allow users to explore dynamic market signals and become a new entrance to the Web3 world.

The above is the detailed content of Cryptoasset data platform RootData officially launches version 2.0, committed to making Web3 investments easier. For more information, please follow other related articles on the PHP Chinese website!