Mnemonic's mission is to accelerate the development and adoption of digital assets, by providing the ultimate foundational data layer for the Web3 economy that is driven by ownership and scarcity.
Mnemonic solves for the unique complexities of NFT data, so you can focus on creating incredible products and experiences. Our powerful enterprise-grade APIs enable you to build and launch NFT applications rapidly at any scale.
The amount of data produced on major blockchains and across various protocols is growing almost exponentially. Obtaining accurate, up-to-date, NFT data, in an organized and easily-ingestible manner is a huge challenge for Web3 entrepreneurs, developers, and companies who need a reliable source of truth across a wide array of datapoints, blockchains, and protocols.
Indexing billions of datapoints and terabytes of data, Mnemonic provides the most complete and accurate data around, encompassing major marketplaces, collections, NFTs (ERC721, ERC1155), ERC20 tokens, transactions (including internal), normalized pricing information, and metadata. More blockchains are coming soon.
Mnemonic provides easy-to-use data and analytics capabilities to Web3 builders creating wallets, marketplaces, NFT collection dashboards, games utilizing NFTs, or metaverse experiences.
Bypass the complexities of NFT data infrastructure: No matter how much experience you or your team have with blockchain, blockchain infrastructure and data are hard and expensive problems to solve at scale. Furthermore, this type of infrastructure is exceptionally resource-demanding to maintain, support and keep up to date thanks to its ever-changing protocols, standards, new forks, and chain reorgs. Technical complexities and demands aside, data is the backbone of your user experience - mistakes leading to inaccurate or unreliable data will cost you more than time and development resources. Our platform empowers you to redirect your time and energy away from building indexers and managing costly data infrastructure to implementing your core features for your users.
Accurate ownership data: Wallets struggle to obtain accurate real-time data about NFT ownership because this seemingly-straightforward task is much more complicated than meets the eye. Ownership verification requires processing billions of historical and real-time transactions and then building a graph to calculate which wallet owns which NFT at any given point in time. A chain reorg or a single missed transaction along the way will lead to inaccurate information, making it impossible to verify whether a wallet truly owns an NFT or to display the contents of a wallet. Imagine purchasing an expensive NFT ticket, showing up to your anticipated concert and not being able to prove you own that ticket? With Mnemonic's API, your users won't ever have that experience. We enable you to verify ownership in real time, and historically with just a few lines of code.
Up-to-date NFT metadata: Working with NFT metadata is incredibly taxing. There is no standardized structure or protocol for storing NFT metadata, which means you have to deal with all kinds of content types, malformed data, unreliable Web infrastructure (at the time of writing there are over 80 million NFTs, 70% of which are stored on centralized servers), encodings and formats. To summarize: it's a jungle. Mnemonic cuts out the messiest parts of retrieving and maintaining complete, up-to-date NFT metadata so you don't have to.
Accurate analytics: Inaccurate data should not be the basis for any business decision. As the NFT dataset continues to grow, so does the room for potential errors. A single row of malformed data could dramatically skew the summary statistics that drive business decisions. Seemingly minor data quality issues can result in a "butterfly effect" cascades of disproportionate damage. A single chain reorg can massively skew the rest of your data leading to inaccurate ownership information or balances. Mnemonic isn't just committed to data quality and accuracy, we have the experience to back up our commitment. Our team has spent decades of dealing with big data challenges at the largest data companies in Silicon Valley and is now bringing this experience into the NFT space.
Scalability: Ultimately, we can't fulfill the full future potential of Web3 if Web3 applications and experiences cannot scale with their growing user bases. Mnemonic is the only Enterprise grade solution that scales to the most demanding applications with 99.9% of availability and low sub-second latency guarantees.
Mnemonic's continuously-growing suite of data building blocks make it easy to embed NFT data and analytics into products of any scale. Unlike home-built NFT data infrastructure solutions, which require continuous maintenance, debugging, and refactoring as this rapidly-evolving space grows, Mnemonic’s NFT data API is built to serve your NFT data needs once and for all.
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Have 10 minutes? You can start building! Learn how to use Mnemonic's API to power your application with real-time NFT data by exploring our getting started guide.
We're excited to see what you build with Mnemonic, and our team is here to help if you have any questions or need support. Contact us