Why we invested in Footprint Analytics?@A&T View

01 Financing Information

02 Why did we invest in Footprint?

Project Description

Investment Logic

  • Potential: According to Statista, the big data and data analytics track will reach $216B in 2021. With the development of the blockchain industry and the take-off of dapps, blockchain data analysis accounts for an increasing proportion of this track.
  • Competition: The main and direct competitor currently is Dune Analytics.
  • Differentiation: Due to the late mover advantage of technology, Footprint Analytics has differentiation and better user experience in the following aspects.
    1. The use threshold is low, and no programming ability is required.
    2. The data update speed is faster.
    3. Access to more chains, and access to new chains is faster.
    4. Cross-chain data and off-chain data can be integrated.
    5. Categorize business data and give business meaning. The advantages are: Simple, fast and straightforward for users to use. Unlike Dune, you need to write code from scratch to perform calculations from the underlying complex data table, without the dirty work of cleaning transaction data all the time). Therefore, it also runs faster.
    6. Users can contribute indicators and data sheets that can be directly reused for the convenience of the community.
  1. Launch the product website.
  2. The product has access to 17 chains, surpassing Dune Analytics. Including Abitrum and Avalanche, which are not currently supported by Dune.
  3. The number of analysts has reached 5000+, the community has contributed a lot of analysis, and the created dashboards and charts have accumulated 24216. The unique IP access exceeds 10k, reaching 1/10 of Dune.
  4. The number of new graphs uploaded to the platform every day exceeds Dune Analytics.
  • According to Statista (below), the big data and data analytics track will reach $216B in 2021. With the development of the blockchain industry and the take-off of dapps, blockchain data analysis will account for an increasing proportion of this track.
  • Direct competitor Dune Analytics closed a $70M funding round in February 2022 at a valuation over $1B. Nansen, which is also in the data track but not in direct competition, also completed a $75M financing in December 2021 at a valuation of $750M.
  • UGC/New Chart: Users can use free code-free drag-and-drop tools to implement various BI functions, and publish BI charts on the platform for reference.
  • SQL Query: Users can implement more and more complex BI functions by using paid professional BI tools, and can choose not to disclose the graph.

About A&T Capital:

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
A&T Capital

A&T Capital is an early to growth stage venture fund for emerging disruptive technologies mainly in web3.