Nefertiti is now Chainlink Network data provider
Nefertiti, a data analytics hub for NFT collectors, is becoming a data provider on the Chainlink Network, the industry-leading decentralized oracle solution.
Through Chainlink, Nefertiti will be able to provide our premium NFT market data and analytics, such as the appraisal value of an NFT collection using a Time-Adjusted Market Index, to smart contracts and dApps such as NFT prediction market Mimicry.
Nefertiti offers a range of solutions to help Web3 companies (and their customers) take advantage of the great potential of NFT data. These include exchanges, investment funds, gaming guilds, crypto tax audit providers, and lending protocols. Nefertiti’s multi-chain Enterprise API offers real-time NFT insights including appraisals, rarity analysis, floor price tracking, and more, helping their customers navigate the everchanging NFT market and identify great projects.
Mimicry, the first user of Nefertiti’s NFT analytics data supplied through the Chainlink Network—is a decentralized derivatives protocol for NFT collections. Inspired by the Synthetix protocol’s pooled collateral model, ‘mimics’ are fully collateralized derivative tokens on Polygon that leverage Chainlink oracles to follow the market cap of an NFT collection. Anyone can mint new Mimics using the Mimicry platform, and in the future network participants may also collateralize their positions using the Mimicry Network Token (MIME) to receive rewards.
Through the unique combination of Nefertiti’s NFT analytics data, Mimicry’s NFT prediction markets, and Chainlink’s decentralized infrastructure, a novel product can be created that increases access to more sophisticated financial products in the NFT ecosystem and broadens the utility of NFTs as a financial primitive.
Chainlink provides a multitude of critical features:
- Credential Management
- Blockchain Agnostic
- Widely Adopted
- Provably Secure
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
About Nefertiti
Nefertiti helps businesses (and their customers) take advantage of the potential of NFT data and identify market opportunities. Their AI-powered solutions offer real-time insights on various NFT markets, ranging from Collectibles to GameFi assets and Metaverse land plots.
They provide several Data Analytics, Appraisal and Alerts tools for a variety of industries, including Exchanges, Investment Funds, Gaming Guilds, Crypto Tax Audit Providers, Lending Protocols and more.
About Mimicry
Mimicry is a decentralized derivatives protocol for NFT collections. Mimicry’s mission is to protect retail investors from getting REKT by unlocking illiquid markets. Our permissionless derivatives protocol for NFT collections allows people to bet on the future price of their favorite NFT collections with virtually unlimited liquidity and no slippage.
