Footprint Analytics

Footprint AnalyticsAuthor: lesley@footprint.network In the realm of cryptocurrencies and blockchain, the bedrock of trust is undoubtedly transparency. On-chain data has emerged as the holy grail for making informed decisions in the crypto world, precisely because it’s perceived as publicly available and transparent. With countless data streams flowing from various blockchains, decentralized applications, and crypto platforms, it’s easy to be overwhelmed by the sheer volume. This overabundance...

Footprint AnalyticsCrypto Games in JapanJapan is the most profitable gaming market in the world per user, with the total primary sales of My Crypto Heroes reaching 16,000 ETH.Key Takeaways:Japan’s strong foundation in gaming makes it a perfect location for blockchain-based game development.Popular crypto games in Japan include My Crypto Heroes, Captain Tsubasa RIVALS, and Crypto Spells. Social app Line has also revealed five “Gamer First” NFT games to be released in 2023.Japan is one of the m...

Footprint AnalyticsAuthor: stella@footprint.network In August, the crypto market experienced notable fluctuations, with Bitcoin showcasing a wide range in value. Meanwhile, the NFT market witnessed a significant decline, raising questions about the future trajectory of this burgeoning sector. Have we reached the bottom of the bear market? Maybe we could find some positive clues from the filing of five Ethereum ETF applications and the issuance of Hong Kong’s first crypto exchange licenses. Ho...

Author: stella@footprint.network In September, Rolling Stone, a prominent mainstream media outlet, garnered significant attention with a captivating article titled “Your NFTs Are Actually — Finally — Totally Worthless”. This article claimed that “95 percent of the once-hyped crypto assets have hit rock-bottom valuation”, rendering them “largely worthless”. While this narrative struck a nerve, the reality is more nuanced and offers reasons for optimism. Although the NFT market experienced a si...

Author: stella@footprint.network Bitcoin experienced a narrow price range in September, with a modest increase of 3.7%. Overall, the Web3 gaming industry is growing, but games with over 1,000 monthly active users still represent less than 10%. The distribution of games across different blockchains remains relatively unchanged, with BNB Chain leading at 30.9%. As the Web3 gaming market expands and major players enter the space, the challenges of user acquisition and retention remain significan...

Author: lesley@footprint.network Imagine yourself gliding through the bustling aisles of a grocery store. With each item you place in your cart,you might not realize that each product you select has its own unique barcode, which could be seen as reference data in the data field that can hold the power to streamline your entire shopping experience. They serve as a universal language, allowing the cashier to swiftly and precisely identify each product, ensuring a seamless and error-free checkou...

Web3 is ushering in the next era of the Internet. However, challenges such as fragmented and non-standardized on-chain data remain. That’s why Footprint Analytics has launched a comprehensive data solution that leverages AI technology to automate the collection, cleansing, and correlation of blockchain data. This initiative aims to establish cross-chain data standards, making it easier for developers and analysts to access and analyze. “We aim to become the ‘Google Analytics’ of Web3, providi...

Leading blockchain data solutions provider, Footprint Analytics, is proud to be announcing its strategic partnership with Xterio, a digital gaming distribution platform, Web3 development solution, and holistic gaming ecosystem founded by game industry veterans. This collaboration aims to usher in a new era of data-driven innovation and advance the Web3 gaming landscape. Footprint Analytics has distinguished itself by offering robust and scalable solutions tailored for efficient data-informed ...

Author: stella@footprint.network Data Source: zkSync Dashboard When it comes to scaling Ethereum, layer 2 solutions have garnered significant attention. These solutions aim to overcome the limitations of layer 1 blockchains by introducing techniques such as rollups, state channels, and nested blockchains. Within the realm of layer 2 scaling, there has been considerable debate surrounding the merits of optimistic rollups versus zero-knowledge rollups (ZK-rollups). During ETH Seoul 2022, Vitali...

Blockchain data platform Footprint Analytics has announced a new partnership with Game Verse, the leading one-stop GameFi platform. The collaboration aims to accelerate the building of Game Verse’s platform by integrating Footprint Analytics’ robust data solutions. Game Verse is a leading global GameFi and Metaverse platform founded by core members of KOSDAQ-listed company LongTu Korea. With a proven track record in publishing and developing blockchain gaming, Game Verse has established valua...

Author: lesley@footprint.network The crypto markets experienced increased volatility in August, with bitcoin trading in a range of $23,664 to $30,057. In comparison, the gaming sector remained relatively calm, but there has been a growing shift in perspective toward Web3 games from a more macro perspective. Many institutions and gaming veterans now acknowledge that the essence of Web3 games isn’t just about exploiting users in a Ponzi scheme but rather providing entertainment that revolves ar...

Author: stella@footprint.network Data Source: Starknet Dashboard The blockchain trilemma, or the scalability trilemma, highlights the challenge of balancing security, decentralization, and scalability in blockchain platforms. Typically, blockchain architecture can only prioritize two out of the three pillars effectively. Ethereum, for instance, has prioritized security and decentralization, resulting in scalability challenges. However, the Ethereum community recognizes the importance of scala...