Founded by Dave Balter and Jim Myers, Flipside Crypto is primarily a digital currency analytics company providing solutions for blockchain organizations to help them grow their business by providing insights, tracking customer behavior, etc.
Through its bundle of dashboard and visualization tools, Flipside Crypto can provide a well-rounded analysis that helps businesses understand customer needs and offer solutions accordingly.
It offers its services in a range of cryptocurrencies like Solana, Terra, THORchain, Ethereum, etc. and can keep proper transfer logs, token swaps, and liquidity pools to ensure in-depth analysis of its customers.
Also read: What drives NFT Craze on Ethereum?
What Makes Flipside Crypto Unique?
Recently, Flipside Crypto has been gaining good traction, managing to raise $50 million at a valuation of $350 million. The funding was led by Republic Capital with other leading names such as Galaxy, Dapper Labs, blockchain co-investors, etc.
As an analytics firm, Flipside Crypto is able to provide deep insights into the on-chain and off-chain activity of market participants through its process called Chainwalking. The data is then made available for further analysis, allowing the blockchain companies to analyze and evaluate their target audience and better design their product offering.
Through its structured rewards programs, Flipside can work directly with the leading crypto projects and intends to continue deployments on additional Layer 1 and Layer 2 networks.
Also read: Project Galaxy (GAL) Crypto: Is It Really Unique As It Claims?
Conclusion
It is always better for crypto projects to have deep insights into their offerings and interactive dashboards. With its offerings, Flipside Crypto can do this and help various projects plan their future moves. Backed by some of the biggest names in the industry, Flipside Crypto has climbed the popularity charts as an analytics company offering solutions.
However, it is important to note that crypto markets are riskier grounds. Therefore, one must proceed with caution and proper research, and make the decisions only after properly studying the trends.
Risk Warning: Trading cryptocurrencies involves a high level of risk, including the risk of losing some or all of your investment, and may not be suitable for all investors. Cryptocurrency prices are extremely volatile and can be affected by external factors such as financial, regulatory or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) are subject to change. Before deciding to trade any financial instrument or cryptocurrency, you should fully understand the risks and costs involved in trading the financial markets, carefully consider your investment objectives, level of experience and risk tolerance, and seek professional advice if necessary. Kalkine Media cannot and does not represent or warrant that the information/data available here is accurate, reliable, current, complete or suitable for your needs. Kalkine Media accepts no liability for any loss or damage arising out of your trading in or reliance on the information shared on this website.
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