Top Project NFT Inspect, the revolutionary cryptocurrency and NFT (non-fungible token) data platform, has announced its return two months after shutting down operations in early January.
The team behind NFT Inspect put the project on hold in mid-January, citing insurmountable difficulties. However, they did note that the shutdown wasn’t completely irreversible, and that they were open to alternative solutions instead.
It appears now that several entities have come forward offering help, leading to NFT Inspect’s resurgence. For example, Twitter user @Hantao, a cofounder at QU3ST_io, offered to utilize the project’s technology for some Web3 games in development. Another Twitter user, @elliottrades, a developer at SuperVerseDAO, also offered help.
NFT Inspect is a Web3 social intelligence platform and provides social media connected data services to its users. It brought together 1,000+ NFT communities during its first stint and facilitated the connection of over 175,000 new NFT users and holders.
The platform provides data, including the total number of NFT holders, floor price, total volume and total items in each NFT project. It also offers a collection comparison feature, so users can analyze different metrics, such as media followers, uniqueness and much more.
Though the project had previously ceased operations, it’s not yet clear how it will run and what the future holds. It has, however, reignited the interest of the cryptocurrency industry, and speculation is rife as to where and how to use the technology in the future.
Thanks to the 2022 cryptocurrency winter, which affected a lot of large projects in the blockchain space and the global regulatory crackdown, several projects have had to either cut their workforce, raise more funds or partner with other projects in order for them to stay afloat.
The crisis has seen the fall of three regional banks in the United States in a matter of weeks, providing reinvestment options for many investors and increasing their confidence in digital banking and the cryptocurrency industry. This has created an influx of money and activity throughout the entire altcoin market, including the NFT industry, which NFT Inspect is perfectly positioned to capitalize on.
NFT Inspect is headed by Hantao Zhang and Elliott Van Den Berg. Hantao is a cofounder of QU3ST_io and a contributor to several Web3 games in development. Elliot is a developer at SuperVerseDAO, and his assistance to the NFT Inspect team has been key to the project’s resurgence.
Now that NFT Inspect is back in business, it will be interesting to see how the project develops and takes advantage of the cryptocurrency boom that is currently sweeping the world.
