Nansen, the Ethereum blockchain analytics platform, continues to report impressive growth rates despite the general weakness of the cryptocurrency market throughout the year.
CEO and co-founder Alex Svanevik recently spoke about Nansen’s growth, highlighting that the company has registered over 130 million addresses and has grown 30% despite the cryptocurrency downturn. Svanevik attributes much of his success to the value of his blockchain platform, especially one based on Ethereum.
Cointelegraph reached out to Nansen’s Andrew Thurman for more insight into the company’s success. His Thurman, a psychometric enhancement engineer at Simian, explained that after the Nonfungible Token (NFT) craze, Nansen realized it would be a big area for the company and became the most popular section. he added:
“As a result, I think we neglected our DeFi plan a little bit. had to realize that NFTs are meant to be important, but that’s not the only thing.”
As Nansen’s customer base continues to grow, Thurman added that the company is definitely shifting in favor of enterprise customers, or business-to-business (B2B). He explained that Nansen will likely have more B2B sales than his personal sales at the end of the year, which was the exact opposite of last year. As a result, Thurman said Nansen will need to change its approach as it scales and meets growing user demand.
Of its growth plans, Thurman said the creation of a platform for new, yet-to-launch portfolio products that will allow customers to track their assets across 40+ blockchains and 400+ decentralized finance (DeFi) platforms. talked about Recently, a research project called Alpha was announced.
When asked what advice he would give to other companies wanting to follow in their footsteps, Thurman replied:
Related: Crypto Users Spent $2.7 Billion To Create NFTs In H1 2022: Report
Founded in 2020, Nansen is a blockchain analytics platform for cryptocurrency professionals and investors to track data and conduct research on Ethereum and other blockchains. Besides research, Nansen is also known for index aggregation, such as the NFT-500. NFT-500 tracks the performance of his ERC-721 and ERC-1155 token collections for Ethereum’s top 500. Last June, Andreessen Horowitz invested $12 million in the company.