ForkastLabs Launches Digital Asset Indexes for NFTs

03/07/2023 05:53 • AI & Tech Insights • 67 views

On March 7, Web3 data intelligence company ForkastLabs launched a series of digital asset indexes, including Forkast 500 NFT, Forkast SOL NFT Composite and Forkast ETH NFT Composite, which will provide real-time insight into the economic performance of digital asset tokenization. It is reported that Forkast Labs is a global data, media and Web3 infrastructure company, formed by the merger of multi-chain NFT data service providers CryptoSlam and Forkast. News in January 2023, and co-founded by former Bloomberg TV anchor Angie Lau.

Web3 data intelligence company Forkast Labs launched NFT digital asset index series

Interpretation of the news:

ForkastLabs, a web3 data intelligence company, announced on March 7th the launch of a series of digital asset indexes, which were created to provide real-time insight into the economic performance of digital asset tokenization. The new indexes, which include the Forkast 500 NFT, Forkast SOL NFT Composite, and Forkast ETH NFT Composite, are meant to bring better transparency and information to investors who or interested in NFTs.

ForkastLabs is a global data, media, and Web3 infrastructure company, which was formed in January 2023 when CryptoSlam and Forkast merged. The company was co-founded by former Bloomberg TV anchor Angie Lau, who has been a strong advocate for blockchain technology and investment in digital assets.

The Forkast 500 NFT index tracks the performance of the top 500 NFTs in the market, providing investors with an overview of the market as a whole. The Forkast SOL NFT Composite measures NFTs that are specifically built on the Solana blockchain, while the Forkast ETH NFT Composite indexes Ethereum-based NFTs.

The digital asset indexes offer a way for investors to gain insight into the long-term trends of the tokenization market. It can be difficult to track performance in decentralized markets, but these indexes offer a simplified view into real-time economic data.

With the rise of NFTs and digital asset tokens, the need for reliable information and transparency within the market is becoming more necessary. This announcement by ForkastLabs brings a new level of visibility to the market, making it easier for investors to make informed decisions.

Overall, the new digital asset indexes from ForkastLabs are a positive addition to the market, bringing reliable data and transparency. They offer investors a way to track the economic performance of the tokenization industry in real-time, making it easier to make informed decisions about their investments.

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