Crypto Gloom

Nansen Unveils Artificial Intelligence (AI)-Focused Tool Suite Upgrade

Prominent blockchain analytics platform Nansen has announced the launch of Nansen 2, representing an upgrade to its suite of tools. This latest version aims to help blockchain innovators, especially investors, access data more efficiently by revealing previously undisclosed insights.

According to an official press release shared with cryptocurrency, Nansen 2 has made significant improvements to existing features, with a focus on improving wallet and token analysis tools. These upgrades are expected to significantly enhance functionality, providing users with comprehensive insights into the multi-chain perspective of any wallet or entity. This update also aims to provide insight into certain on-chain token movements.

Nansen 2 released

Features added to Nansen 2 allow users to automatically classify Ethereum wallets based on specified criteria to identify, track, and monitor wallet addresses.

These features also provide a detailed view of assets and activities within a given address. These features are expected to provide deeper insights from blockchain data in a non-technical and easy way.

Nansen CEO Alex Svanevik said:

“Cryptocurrency investors often struggle with multiple tools to surface alpha. Nansen 2 delivers 100x faster product speedups, innovative new features like signaling and smart segments, and the ability to track everything on chain in one place.”

DOUBLE YOUR AI

Nansen 2 integrates artificial intelligence (AI) more broadly to enhance the user experience. By introducing features like Smart Search and Signals, users can use natural language queries to search data and find relevant dashboards. Specifically, signals aim to flag unusual changes in volume or activity of tokens and NFTs and provide “actionable insights.”

In the future, Nansen 2 plans to include Signals, which provides personalized insights based on user preferences.

Last May, Nansen announced the acquisition of DeFi portfolio tracker Ape Board for an “eight-figure” sum to bolster its Web3 capabilities.

The acquisition follows Nansen’s $75 million Series B funding round in December 2021, with key contributions from Accel, GIC, a16z, Tiger Global, SCB and 10X. The on-chain data analytics platform previously secured $12 million in a Series A funding round in June of that year.

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