Nansen integrates blockchain data from SportFi chain Chiliz and Ethereum package zkSync

Nansen Integrates Blockchain Data From Sportfi Chain Chiliz And Ethereum Package Zksync


Cryptocurrency users looking for the latest “alpha” in SportFi can keep close tabs on data and insights from blockchain Chiliz and Ethereum Layer 2 zkSync with new integrations on Nansen.

The blockchain analytics platform announced on March 28th the integration of the two different protocols, opening up on-chain data analytics and insights to its users.

Nansen Data Journalist Martin Lee told Cointelegraph that the integration will provide a high-level overview of both ecosystems, allowing cryptocurrency groups to run their own queries and be informed by Nansen Query itself from the raw data.

“Users can gain insights into daily active users and transactions on the chain, as well as which entities and protocols are most commonly used through the macro dashboard.”

The functionality unlocks data insights on Chiliz, a proprietary blockchain of fan tokens licensed by top-tier sports teams and organizations operating on the Socios platform around the world.

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Alexander Dreyfuss, CEO of Chiliz and Socios, said the collaboration will enhance awareness of the Chiliz ecosystem and enable the development and growth of the sports fan ecosystem of users.

“The acquisition of the Chilliz chain by Nansen is a critical step in growing the ecosystem and helping developers and industry stakeholders begin to see Chilliz at legal layer-1 for a very long time.”

According to data from CoinMarketCap, Chile's blockchain has a total market capitalization of $1.2 billion. The ecosystem has attracted many big football clubs, including Manchester City and Paris Saint-Germain (PSG).

Chili's on-chain data as seen on Nansen's dashboard. Source: Nansen

Cointelegraph evaluated the Chilean ban through the latest version of its analytics platform, Nansen 2, which reflects an average of 2,100 daily active addresses. Manchester City, Binance, Turkish club Trabzonspor, Galatasaray and PSG were among the top five institutions on the chain last week.

Related: Animoca Eyes SportFi Ecosystem, Chiliz Chain Will Be Validator

Ethereum scaling protocol zkSync is one of the leading zero-knowledge proofs in the ecosystem, processing more than one million transactions daily with more than 350,000 addresses, according to data from Nansen's dashboard.

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Following Ethereum's Denkun hard fork, ZkSync saw a significant drop in transaction fees. Source: Nansen

Omar Azhar, Head of Business Development at Meter Labs, confirms that the integration with Nansen will be beneficial to the zkSync ecosystem and the wider Web3 space where on-chain data processing and integration will be beneficial.

“A big advantage of permissionless blockchains like zkSync is that all data is public and contains valuable insights for developers, investors and end users alike,” Azhar said.

Related: Paris Saint-Germain Launches Web3 Drive as New Blockchain Validator for Chiles Chain

Nansen has earned a reputation for its wallet account and blockchain analytics. In the year In October 2022, Cointelegraph interviewed the company's CEO, Alex Svanević, at the company's Singapore headquarters, where the founder recounted the story of Nansen's genesis and estimated that the platform scans nearly a petabyte of data every day from the various blockchains it controls.

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