Quick take:
Mystic, a data aggregation and analytics tool for the Web3, NFT, and gaming ecosystems, launched today as it aims to become the authoritative data source for the creator economy.
Proclaiming itself the “Google of Web3,” Mystic tracks real-time prices, rankings and metadata for over 21 million NFT assets. It lets users conduct simple “Google-like” searches for NFTs and receive real-time market data – with easy-to-understand values displayed in US dollars or cryptocurrencies
Powered by proprietary indexing algorithms, the platform enables complete ownership of all its market data.
Built from scratch in six months, Mystic is currently web-based, with a mobile version for iOS and Android scheduled to launch later this year. Mystic was founded by a team of veterans from finance, crypto, and big tech, whose experience spans over 30 years at companies like Apple, Microsoft, Binance, BlackRock, and Goldman Sachs.
The platform is backed by $4.5 million in seed funding. Its principle executives include Mike Calfin, Infrastructure Engineering and Roger Clark, Product Engineering.
Calfin was previously head of infrastructure at Coinmarketcap and has worked at Binance and GSR, while Clark was a software engineer at Apple for 11 years, where he participated in the design and development of iCloud since its beginning.
Since its launch, Mystic has tracked over 3000 NFT collections across four blockchains, with more to be integrated soon.
“Right now, Web3 virtual assets are fragmented, siloed, and technologically immature,” said Mystic co-founder Roger Clark. “Discovery is difficult, metadata is broken and unreliable, and people need blockchain-specific tools to do the same basic things. Our customers need search, analytics and real-time market updates. Mystic will solve it all with a single cross-platform solution. We’re here to help everyone cross over from this world to the next.”
The platform aims to be the go-to information resource for all things non-fungible and is building an ecosystem of creators, tastemakers, and curators who can contribute user-generated content to unearth NFT data analytics.
“Mystic will co-author the digital renaissance using a serendipitous blend of user-generated content, competitive leaderboards, rarity rankings, APIs, investor tools, charts and more,” said Mystic co-founder Mike Calfin. “All of this is powered by data from the most popular blockchains — directly extracted using proprietary technology.”
NFT analytics is becoming yet another niche in the space as Mystic joins other NFT analytics platforms including Zash, which recently partnered with Binance to launch enterprise data products; Step Finance, which acquired Solana-based analytics platform, SolanaFloor; and Nansen, which provides both Ethereum and Solana NFT data analytics.
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