The team behind the platform, which allows users to track data on the ethereum blockchain, Dune Analytics, announced that the company had raised $ 8 million from strategic investors such as Union Square Ventures. Dune Analytics detailed the company’s plans to use the new funding to hire more helpers and track other blockchains.
Crypto metrics provider Dune Analytics wins $ 8 million
Crypto data services and analytics are in high demand as they want to collect factoids about everyone’s favorite crypto assets in 2021. Bitcoin.com recently, News reported that Crypto Company Messari raised $ 21 million as part of a funding round.
Moreover, crypto-analytics company Skew was acquired by Coinbase this year, and Coin Metrics recently raised $ 15 million, with Goldman Sachs leading the round. Dune Analytics is a set of data processing tools that users can use for free to get information about Ethereum analytics and decentralized finance (Defi).
September Thursdays will raise $ 2 million in seed funding, analysts say, and on Thursday the company will raise $ 8 million in series a. In October, venture companies such as Multicoin Capital, Redpoint Ventures and Dragonfly participated in the series a round of dune Analytics.
Our mission is to make crypto data available💫
This means that each metric from each data source is easily accessible to the community for free.
Data needs to come in, and so:
I entered the above code
🧵👇https://t.co/MgHEKYGhKG pic.twitter.com/3PRMNCfTLr
– Analytics (@DuneAnalytics), August 12, 2021
Dune Analytics tools offer a large number of charts and charts, but users can also create their own data charts. The web portal provides information on data related to the latest implementation of eip1559 and allows ETH users to view statistics such as cost reduction. Dune Analytics provides decentralized exchange (dex) volumes, non-exchangeable token market (NFT) data, and analytics
