Category: NFT News

bitsCrunch Brings In-Depth AI-enhanced Blockchain Analytics and Forensics to Solana Ecosystem following Integration

bitsCrunch integrates Solana blockchain, democratizing AI/ML-powered NFT forensics, lowers costs, and launches Contributor Program, expanding its suite of analytics and security tools.

 bitsCrunch, the AI-powered NFT data forensics and analytics platform that’s democratizing access to blockchain data, today announces the integration of the Solana blockchain with its technology stack. Following the integration, bitsCrunch will now leverage its artificial intelligence (AI) and machine learning (ML) based forensics capabilities to provide in-depth analytics and forensic services for NFT projects, marketplaces, gaming projects, and brands within the Solana ecosystem.

●     bitsCrunch integrates the Solana blockchain to bring AI/ML-powered NFT and blockchain forensics to Solana projects

●     bitsCrunch democratizes blockchain data access – lowering the cost of blockchain forensics from roughly $25,000 to as low as $75

●     Coincides with the launch of bitsCrunch Contributor Program – Unlocking the power of community contributions

Going forward, Solana-based projects will have full access to bitsCrunch’s suite of NFT data analytics, forensics, and security tools, such as its dedicated NFT tracking platform, Unleash NFTs, which uses AI/ML to track NFTs in real-time across multiple blockchain networks – currently comprised of Ethereum, Polygon, Avalanche, BNB Chain and now Solana.

In pursuit of acquiring the most comprehensive blockchain and NFT data to fuel its B2C and B2B analytics, bitsCrunch has already fully indexed data from 255M blockchain blocks, and 276B transactions – making up over 129.52TB worth of data. bitsCrunch has also indexed over 14M NFTs, and supports 15 NFT marketplaces to date.

bitsCrunch CEO, Vijay Pravin, said: “Expanding our unique toolset and services to a wide range of blockchains is key for amplifying the network effect of bitsCrunch’s forensic technology stack. Solana is one of the most vibrant blockchain networks in the industry today, and we’re delighted to work alongside them and bring our in-depth analytics and security tools to Solana’s users.”

Alongside its integration with the Solana network, bitsCrunch also announces the launch of its Contributor program, which sees bitsCrunch leverage the power of the decentralized community to source all kinds of contributions, ranging from core practices like integrating AI models, coding, and sourcing and verifying data, to simple content creation. Contributors receive 10% of the network’s revenue as a royalty for their contributions.

Other novel security tools now available to Solana users include bitsCrunch’s wash-trading alert system, which makes the pricing of NFTs more accurate and less susceptible to fraud by alerting users to fake trade volume. bitsCrunch uses AI to assess the true valuation of digital assets, singling out overpriced or undervalued NFTs to assist in asset valuations. Meanwhile, bitsCrunch’s AI-based forgery detection tool, helps identify bootlegged or forged versions of NFT art.

By utilizing AI and ML, bitsCrunch has radically cut the cost of performing blockchain forensics from as much as $25,000 to a mere $75 a month, representing a major step forward in democratizing access to sensitive and crucial blockchain and NFT data.

bitsCrunch’s business model spans both B2C and B2B, providing its AI-powered tech stack to help businesses, blockchain platforms, and individuals make more informed decisions about their NFT purchases and blockchain activities.

Contact Info:
Name: DVerse
Email: Send Email
Organization: bitsCrunch
Address: Munich, Bavaria, Germany

Release ID: 89124969

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