Cover Image for A "God's-eye view" into the blockchain for journalists

A "God's-eye view" into the blockchain for journalists

Hosted by ACJR & Renee McGivern
 
 
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About Event

For our next Off the Record session, we are teaming up with Nansen, a blockchain analytics platform, to dive into the NFT market and parse through the data to find out more. Nansen’s tools allow you to have a ‘God’s-eye view into the blockchain’, which is incredibly valuable for any journalist.

The blockchain is an open and transparent ledger. But there’s also a mountain of on-chain data which makes it difficult for journalists covering the space to understand what’s going on.

NFTs are the hottest digital asset class on the market right now. But are these $30,000 digital apes one big wash trading ploy to suck in retail traders? Or are they a legitimate asset class that’s only possible thanks to the underlying technology of the blockchain which creates digital scarcity?

It’s tough to understand NFTs without understanding the data behind them. You might hear about accusations of NFTs being used for wash trading, but without the data to back it up these are just anecdotes.

Not to mention, NFT market data and typical crypto trading statistics don’t exactly square. How do you figure whether the NFT you’re reporting on is truly valuable, when prices vary so much even within a single collection and can supposedly be easily gamed?

In this session you will learn:

• How to use Nansen to track the data behind NFTs
• How to parse this data into actionable intelligence for stories
• Quantitative insights into the NFT market, such as the number of unique buyers, and pricing data

All attendees will get a free seven-day trial of Nansen for use in their newsroom.

Our speakers are Paul Harwood, product manager for NFT's at Nansen.ai and Martin Lee, a data journalist at Nansen. Our moderator is David Canellis of Protos.