Nextblock said on Sept. 21 that it has launched 「Web3 Radar」, a new data feature built with the API of global Web3 data platform RootData. The service is also available on the Etoday website.
The company said the feature is intended to help users of Nextblock and Etoday follow major trends across the global Web3 market more easily. Based on the RootData API, it provides key data including project fundraising activity, trending projects and token unlock schedules.
First live product from the partnership
Nextblock had previously signed a business cooperation agreement, or MOU, with Etoday and RootData on blockchain and digital-asset data and content collaboration. The Web3 Radar rollout is the first case in which that partnership has been turned into an actual product, with RootData-based metrics now implemented on both the Nextblock and Etoday websites.
On Nextblock, Web3 Radar allows users to check major data points across the global Web3 ecosystem on one screen. These include closely watched fundraising projects, hot projects and upcoming token unlock schedules.
Etoday has also placed 「Web3 Radar」 on article pages, allowing readers to view fundraising status for major projects, trending projects and token unlock schedules while reading news stories.
Planned expansion in stages
Nextblock said all current metrics in the feature are built from data provided by RootData. The company said it plans to expand the range of offerings in stages, taking into account user feedback and the scope of data integration.
Nextblock also said the service is meant to go beyond information centered only on price moves and strengthen its content competitiveness with industry data tied to global projects and investment flows, market attention and token circulation schedules.
RootData comments on the launch
RootData Chief Information Officer Quanyu said, 「We are pleased to see Web3 Radar officially go live on Nextblock. This launch is an important step in delivering practical value to users through the data partnership.」
He added, 「RootData is committed to building comprehensive and reliable data infrastructure for the global Web3 ecosystem. Through this data integration, we expect Nextblock users to gain a deeper understanding of project activity, fundraising trends and token market moves based on data, and make decisions on a more informed basis.」
Nextblock said it will continue working with RootData to keep upgrading its data-driven services so it can deliver global Web3 project and investment trends, market data and token unlock information to users in Korea more easily.