Web3 Analytics

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Web3 Analytics Overview

What do we mean by Web3 Analytics?

Unlike traditional analytics, which primarily focus on centralized web platforms and services, Web3 analytics delve into data produced in decentralized networks, especially on blockchain-based platforms.

This could include tracking and analyzing on-chain transactions, DeFi (Decentralized Finance) operations, NFT (Non-Fungible Tokens) trading, DAO (Decentralized Autonomous Organizations) activities, smart contract interactions, and DApp (Decentralized Applications) usage.

For instance, Web3 analytics could help uncover insights about the flow of cryptocurrencies between wallets, the usage patterns of a specific DApp, or the overall health and activity level of a particular blockchain.

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