Over the last five years, the world of decentralized finance (DeFi) has shown incredible potential as an important market in the global financial system. By 2024, it’s catching the attention of not only retail investors and crypto natives, but traditional financial institutions as well.
The DeFi ecosystem, valued at $255 billion at its peak, does not only hold immense potential for generating wealth. It is also a treasure trove of financial data.
On our mission to unify the fragmented data landscape and build an on-chain ecosystem that will power the next generation of AI with world-class data, we partner with only the experts in their respective fields. At the same time, we know that these experts have untapped potential in the data they produce for innovation, collaboration, and monetization.
As part of our Hypergrowth Phase, we have kickstarted a strategic partnership with Nuant, a leading risk management firm for institutional digital asset investors. The partnership will enrich Nuklai's marketplace by integrating detailed and granular on-chain data, including DeFi protocol information, provided by Nuant. This new flow of DeFi data will enable Nuklai’s users to enhance their datasets with extensive data with more enhanced analysis and insights.
On top of this, Nuant will offer its dashboarding technology to Nuklai's users, facilitating a more personalized and sophisticated approach to data analysis and decision-making through advanced analytics and visualization tools.
Finally, this collaboration will see Nuklai opening up new ways for Nuant to monetize its on-chain data through an on-chain reward mechanism.
Nuant: Seamless Integration of On-Chain Data and Custom Dashboards
Nuant will provide the very rich and granular data that a block contains, including DeFi protocol data, to Nuklai's marketplace. This adds huge amounts of data that Nuklai’s users can enhance through metadata or incorporate into their datasets for new insights.
At the same time, this partnership will bring Nuant's dashboarding technology to Nuklai's users, enabling a personalized approach to data analysis and decision-making. By harnessing Nuant's advanced analytics and visualization tool, users will be able to extract deeper insights from their datasets.
Nuklai: Monetizing Nuant’s On-Chain Data
Another key aspect of this partnership is Nuklai's support in monetizing Nuant's on-chain data. Through Nuklai's on-chain reward mechanism, valuable data insights shared by Nuant will be transformed into a revenue stream, enhancing the value proposition for data providers and users alike.
This initiative not only ensures a sustainable model for data monetization for Nuant but also encourages the growth of our decentralized and open data marketplace. By combining Nuant's expertise in risk management and data visualization with Nuklai's on-chain data marketplace and focus on AI, this partnership is set to develop a new level of innovation and collaboration in on-chain financial data.
Keep an eye out for more exciting developments and partnerships on our X!
About Nuklai
Nuklai is a collaborative data marketplace and the infrastructure provider for data ecosystems. It brings together the power of community-driven data analysis with the datasets of some of the most successful modern businesses. The marketplace allows both grassroots data enthusiasts and institutional partners to find new ways to put untapped data to use and find new revenue streams.
Our vision is to unify the fragmented data landscape by providing a user-friendly, streamlined, and inclusive approach to sharing, requesting, and evaluating data for key insights, better processes, and new business opportunities, empowering next generation Large Language Models and AI.
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About Nuant
Nuant is redefining digital asset management. Its Risk Management Hub is a comprehensive solution, offering a unified view of investments across exchanges, DeFi protocols, and on-chain wallets. The company is dedicated to delivering actionable insights from complex data, empowering informed, strategic decision-making. Continuously innovating, Nuant provides efficiency and a strategic edge in the ever-evolving digital asset landscape.