Blockworks' Evolution into a Data Powerhouse
Blockworks is launching Analytics 2.0, an enhanced crypto data and analytics platform aimed at providing top-tier information to crypto professionals. Since its inception in 2017, Blockworks has shifted focus from events and newsletters to research and data due to increasing requests from financial institutions and hedge funds. The revamp of their analytics product includes building a data warehouse capable of handling vast amounts of data, along with a new query engine for faster chart creation and a user-friendly frontend. The upgrade enhances customization and access to data, allowing users to create charts and dashboards within the platform and eventually utilizing an API for deeper analysis. Blockworks aims to improve data accuracy in crypto, addressing existing challenges that lead to misguided investment decisions. Their vision centers on leveraging blockchain transparency to reduce risks and enhance investment opportunities. They emphasize a world where financial tracking and user behavior analytics support robust strategic decisions in the evolving on-chain economy.
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