AI-powered blockchain analytics aims to protect NFT users from security issues haunting the ecosystem.
The NFT ecosystem needs to take a leaf out of DeFis playbook to hold its ground against the ever-growing security issues and threats. Blockchain analysis tools have so far been helping users to get instant, unbiased information about any DeFi protocol, token or marketplace, effectively ending the Wild West era of decentralized finance. With the rise of artificial intelligence (AI) and machine learning (ML), the NFT space is well-positioned to detect security threats and provide users with a safe, accessible and trustworthy experience.
Utilizing AI, bitsCrunch recently launched an NFT analytics and forensic platform named UnleashNFTs to equip users and creators with reliable insights into the NFT market, including NFT marketplaces and fast-growing collections. The in-depth analysis, research and statistics about the NFT ecosystem found on the UnleashNFTs platform aim to help users make informed decisions for each NFT transaction.
By providing accurate blockchain analytics on a user-friendly dashboard, UnleashNFTs aims to protect NFT creators and traders from malicious actors, exploiters and other security threats targeting the market.