Blockchain analytics platform Nansen announced the launch of Nansen Query, a new solution designed to offer a comprehensive data solution to crypto-focused teams and projects.
In a press release shared with CryptoPotato, Nansen revealed that the new platform would enhance multi-chain data access, helping entities make better customer, product, and investment decisions.
Nansen Launches Query
According to the release, Nansen Query was built on the Google Cloud platform and can be easily integrated into an active tech stack. The solution gives businesses access to reliable, secure, and highly scalable data pipelines, which can handle extremely large data units in real-time.
Nansen disclosed that the need for high-quality on-chain data required for accurate user segmentation and the fragmentation across data providers inspired the creation of Query.
With its multi-chain data coverage ability, Query would help ensure that the trade-offs between time, value, and reliability would cease to remain obstacles for teams in the crypto industry.
It is worth noting that several crypto entities are already running their businesses with Nansen Query and have been doing so in stealth for more than a year. Platforms like Google, OpenSea, and MakerDAO, among others, have already integrated the product into their tech stacks.
Commenting on the launch, Karina Qian, Head of Business Analytics at non-fungible token (NFT) marketplace OpenSea, said:
“We rely on Nansen for high-quality, fresh, and reliable on-chain raw data that we’ve easily integrated into our production data pipelines for use in anomaly detection and market analysis. It is already an integral part of our infrastructure and decision-making processes.”
Query to Provide On-Chain Data for Popular Blockchains
Furthermore, Nansen stated that the data platform covers the world’s most popular blockchains, including Ethereum, BNB Chain, Polygon, and Solana. It provides coverage for 95% of all on-chain Total Value Locked (TVL) and 98% of all stablecoin deposits in these chains.
“This is now the platform that Nansen analysts use to perform on-chain analysis, build dashboards, and share their work with others. Our mission is to create winners in the future of finance, and by allowing more teams to directly access Nansen data, we’ll help crypto teams win,” said Alex Svanevik, the CEO of Nansen.