NFT Data Analytics Platform Mystic wants to be the Google of Web3
Quick take:
- Mystic tracks over 21 million NFTs, including collections and in-game assets.
- The platform is powered by proprietary indexing algorithms.
- Mystic will launch a mobile version on iOS and Android later this year.
Mystic, a data aggregation and analytics tool for the Web3, NFT and gaming ecosystems, launched today as it aims to become the authoritative data source for the creative economy.
Mystic bills itself as the “Google of Web3”, tracking real-time prices, rankings and metadata for over 21 million NFT assets. It allows users to perform simple “Google-like” searches for NFTs and receive real-time market data – with easy-to-understand values displayed in US dollars or cryptocurrency
Powered by proprietary indexing algorithms, the platform enables complete ownership of all market data.
Built from scratch in six months, Mystic is currently web-based, with a mobile version for iOS and Android scheduled to launch later this year. Mystic was founded by a team of finance, crypto and hi-tech veterans whose experience spans over 30 years at companies such as Apple, Microsoft, Binance, BlackRock and Goldman Sachs.
The platform is backed by $4.5 million in seed funding. Its key leaders include Mike Calfin, Infrastructure Engineering and Roger Clark, Product Engineering.
Calfin was previously head of infrastructure at Coinmarketcap and has worked at Binance and GSR, while Clark was a software engineer at Apple for 11 years, where he participated in the design and development of iCloud since its inception.
Since launch, Mystic has tracked over 3,000 NFT collections across four blockchains, with more to be integrated soon.
“Right now, Web3 virtual assets are fragmented, siloed and technologically immature,” said Mystic’s co-founder Roger Clark. “Discovery is hard, metadata is broken and unreliable, and people need blockchain-specific tools to do the same basic things. Our customers need searches, analyzes and market updates in real time. Mystic will solve it all with a single platform solution. We are here to help everyone transition from this world to the next.”
The platform aims to be the premier information resource for all things non-fungible, building an ecosystem of creators, tastemakers and curators who can contribute user-generated content to uncover NFT data analytics.
“Mystic will co-author the digital renaissance using an overwhelming mix of user-generated content, competitive leaderboards, rarity rankings, APIs, investor tools, charts and more,” said Mystic co-founder Mike Calfin. “All of this is powered by data from the most popular blockchains – directly extracted using proprietary technology.”
NFT analytics is becoming another niche in the space as Mystic joins other NFT analytics platforms, including Zash, which recently partnered with Binance to launch enterprise data products; Step Finance, which acquired Solana-based analytics platform SolanaFloor; and Nansen, which provides both Ethereum and Solana NFT data analysis.
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