Truflation and bitsCrunch Partner to Enhance NFT Market Insights and Expand Truflation Stream Network
Truflation, the premier reference point for Real World Assets (RWA) indexes and inflation data, and bitsCrunch, a leading provider of blockchain and NFT data, announce their collaboration to launch the NIFTY50 Index and expand the Truflation Stream Network (TSN).
Vijay Pravin, Founder & CEO of bitsCrunch says, “Today is a huge milestone for the NFT community as we are powering the new NIFTY50 Index with Truflation. Together we aim to provide users with deep insights and benchmarks that will enhance transparency and understanding of NFT markets.”
In joining forces, bitsCrunch will serve as a key data provider within the Truflation Stream Network (TSN), ensuring the consistent delivery of verifiable NFT data to the ecosystem. Leveraging decentralized, verifiable computing, this collaboration aims to provide users with reliable, real-time insights into the dynamic NFT market.
Stefan Rust, CEO of Truflation, expressed enthusiasm about the partnership, stating, "The collaboration with bitsCrunch represents another step forward in expanding the Truflation Stream Network (TSN), ensuring the consistent delivery of verifiable NFT data to the ecosystem. By leveraging bitsCrunch's NFT data, we aim to offer unparalleled value to our users, empowering them with reliable information in the rapidly evolving digital asset landscape."
Both Truflation and bitsCrunch are committed to driving innovation and transparency in the digital asset ecosystem. Through this partnership, they seek to expand the NFT market, providing investors and enthusiasts with access to robust, data-driven solutions.
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About bitsCrunch
bitsCrunch is a leading provider of blockchain and NFT data, offering comprehensive insights into the dynamic and evolving NFT market. With a focus on transparency and reliability, bitsCrunch empowers users with real-time data to make informed decisions in the digital asset space.
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About Truflation
Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of Real World Assets through its independent, transparent, and real-time financial data. With a comprehensive index tracking over 18 million items, Truflation offers censorship-resistant data infrastructure, fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps) such as DEXs to unlock boundless markets. From predicting orange juice and uranium prices to facilitating BTC-denominated oil, gas, and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape.