NFT Terminal, one of the leading providers of services for the growth of the nonfungible token (NFT) market, confirmed the beta launch of service with its namesake, NFT Terminal, a real-time analytics platform for NFT sales, mints, and transaction trends.
NFT Terminal opened its beta release about a month after the launch of its first service: Console. In less than a month, Console has offered more than 730,000 users and 100 NFT communities the ability to search a variety of rarity metrics, see real-time OpenSea data, track mint events, and then look up Ethereum (ETH) gas prices (gwei) in real-time.
The NFT Terminal team said:
“We started Console because we noticed that DAOs (decentralized autonomous organizations) and other communities lacked access to relevant data regarding their NFTs.”
Through a lot of research, the team discovered that one of the frustrations that bother DAO members who traded or minted NFTs was there were no reliable tools for real-time analytics, sparking the development of Console.
Furthermore, the team discovered that DAOs and other NFT projects had to compile various tools across different platforms to offer the necessary data that surrounds their nonfungible tokens that in turn slowed their ability to create value within their communities.
With more than 730,000 users coming in within the first month, the NFT Terminal team decided to create new services to better serve these users and attract more audiences. The team then explained:
“What we noticed was that more and more individuals in the communities we serve wanted a better way to track all NFT transactions in real-time instead of tracking partial data; so we listened and built it.”
The developers created Terminal to better serve possible buyers who require to rapidly spot trending collections and mints. They also serve eager sellers who want to test the transaction trends before auctioning their NFTs, and expert collectors who simply wish to monitor the movement of whales.
Using that knowledge that they got from planning and executing Console, the team developed a terminal with feeds that update mostly in real-time. NFT Terminal, the service, offers the features listed here:
- Real-time trading data that includes sells, buys, stakes, and transfers.
- Real-time data analytics from notable influencers and whales.
- Rankings for the most traded nonfungible tokens among the whales and influencers, a majority of the bought NFTs, the most sold NFTs, most minted NFTs in 1-hour, 4-hour, and 12-hour intervals.
- Live feed of mint activity with mint price and average gas (gwei) prices.
NFT Terminal is now available on both mobile and desktop and the beta release is free to use.
The developers at NFT Terminal hope to use the beta release as a notable springboard for more features like analytics for nonfungible token collections and rarity indices. They expect to roll out new features rapidly and hope to one day have all the necessary NFT analytics in a single place like Bloomberg does with its massive terminal.
Twitter: https://twitter.com/nftterminal
