CoinGecko Expands Data Offering: On-Chain NFT Access for Users

Summary

CoinGecko acquires Zash to integrate on-chain NFT data into its API, providing users with enriched insights into the crypto market. Despite market downturn, CoinGecko remains optimistic about the NFT sector’s potential.

Introduction

CoinGecko strategically acquires Zash, enhancing its data offering and granting users access to on-chain NFT data. By integrating Zash’s NFT data into its API, CoinGecko aims to provide seamless access to fungible and nonfungible token data.

Main Points

CoinGecko’s COO expresses enthusiasm for the acquisition, highlighting the benefits of a unified crypto data offering. Users can access on-chain NFT data through the NFT floor price tracker on CoinGecko’s platform.

Zash, a reliable NFT indexer and API, monitors NFT data across multiple markets, including OpenSea. CoinGecko’s entry into the NFT market signifies maturity rather than a crisis, with optimism for innovation and new opportunities.

Conclusion

CoinGecko’s acquisition of Zash allows users to gain insights into the crypto market through on-chain NFT data. Despite the market downturn, CoinGecko sees this as an opportunity for growth and aims to provide a seamless experience by integrating Zash’s data into its API.

Nov 22, 2023

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Users of CoinGecko to Gain Access to On-Chain NFT Data

Summary

CoinGecko, a leading crypto tracking platform, has acquired Zash, an NFT data infrastructure platform, to expand its data offering. CoinGecko plans to integrate Zash’s NFT data into its API by Q2 2024, providing users with access to on-chain NFT data. Despite the current market downturn, CoinGecko remains optimistic about the NFT sector and believes in its potential for innovation and new opportunities.

Introduction

CoinGecko has made a strategic move by acquiring Zash, an NFT data infrastructure platform. This acquisition will allow CoinGecko to enhance its data offering and provide its users with access to on-chain NFT data. CoinGecko aims to integrate Zash’s NFT data into its API by the second quarter of 2024, enabling users to seamlessly access fungible and nonfungible token data and gain enriched insights into the crypto market.

Main Points

CoinGecko co-founder and COO, Bobby Ong, expressed his enthusiasm for the acquisition and the potential it brings to CoinGecko’s users. He stated that API users will benefit from a unified crypto data offering that includes both fungible and nonfungible token data. CoinGecko plans to make the on-chain NFT data available to users through the NFT floor price tracker on its website and mobile app by the beginning of 2024.

Zash, launched in 2021, is a reliable NFT indexer and API that allows customers to monitor NFT data across 87 markets, including the popular NFT exchange OpenSea. CoinGecko’s foray into the NFT market comes at a time when some view the decline in the sector as a sign of maturation rather than a crisis. Despite the current market downturn, CoinGecko remains optimistic about the NFT sector and believes in its potential for innovation and unlocking new opportunities.

Conclusion

CoinGecko’s acquisition of Zash will enable users of its platform to access on-chain NFT data, expanding their insights into the crypto market. CoinGecko remains optimistic about the NFT sector’s future, seeing the current market downturn as an opportunity for innovation and growth. By integrating Zash’s NFT data into its API, CoinGecko aims to provide a seamless and enriched experience for its users.

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