Nftnews Today ICY TOOLS NFT Analytics Site Acquired By QuickNode

Immediately, the large blockchain tech supplier QuickNode revealed its NFT-related acquisition: Icy Instruments. At this second, the platform is a number one facet for in-depth NFT evaluation. Collectively, the duo will combine the Icy Instruments API into the QuickNode platform. This can permit QuickNode builders and companies to entry key information within the web3 sector.

image of the QuickNode logo alongside merch items
The QuickNode firm bought Icy Instruments to combine its API into the platform. Credit: Twitter

Why did QuickNode buy Icy Instruments?

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On Might thirteenth, QuickNode introduced that it has bought Icy Instruments, one of many high NFT evaluation websites. The platform has been including worth to the NFT market since 2021.

Mainly, collectors use the positioning to trace NFT gross sales and uncover trending initiatives. Moreover, NFT holders can try the transaction historical past and portfolio worth, based mostly on their pursuits.

A part of the innovation behind Icy Instruments is the GraphQL API. This know-how permits builders to trace NFT costs, traits, and wallets information. The API additionally gives information from common marketplaces akin to Appears Uncommon, OpenSea, and extra.

Due to this fact, QuickNode acquired Icy Instruments to combine its API into its personal platform. In consequence, QuickNode customers will quickly acquire entry to analytics within the new infrastructure. For instance, the combination will embrace Ethereum, Polygon, Solana, and extra.

However, Icy Instruments will hold its platform performance intact. Sooner or later, although, its GraphQL API will transfer to the QuickNode platform.

In fact, the QuickNode COO Jackie De La Rosa believes the change will innovate the web3 sector:

“We’re thrilled in regards to the capabilities that may confide in our prospects on account of this transaction,” she stated. “This can be a pure match for QuickNode as a result of NFT integrations require refined blockchain infrastructure behind the scenes.”

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Twitter screenshot of a QuickNode message with Icy Tools
QuickNode revealed its acquisition of Icy Instruments by way of social media. Credit: Twitter

What’s QuickNode?

QuickNode is a leading provider of APIs designed for web3 corporations and builders. The corporate has been based in 2017, on the very starting of the NFT market. Through the years, QuickNode has been bringing its personal enter into the excellent web3 evolution.

Again in October 2021, the corporate raised a whopping $35M in a Sequence A funding spherical. The session was led by Tiger International, together with Soma Capital, Crossbeam, Arrington XRP Capital, and extra.

Now that QuickNode acquired Icy Instruments, the corporate will ship much more options to web3 companies worldwide. This announcement comes because the web3 world evolves on the velocity of sunshine.

As an example, the blockchain resolution API3 launched the primary random quantity generator for web3 initiatives this month. In essence, the generator makes use of quantum mechanics that profit dApps.

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All funding/monetary opinions expressed by should not suggestions.

This text is academic materials.

As all the time, make your personal analysis prior to creating any form of funding.

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