Quick take:
- Datawisp has announced a $3.6 million funding round led by CoinFund.
- Web3 Startup is building a no-code data platform for Web2 and Web3.
- The seed round also saw participation from Spartan Capital, Mirana Ventures, Dweb3 Capital, and existing investors Play Ventures.
Web3 startup has announced the successful completion of a $3.6 million funding round led by CoinFund. The company builds his Web2 and Web3 platforms for gaming and non-fungible token (NFT) spaces.
The seed round also saw participation from Spartan Capital, Mirana Ventures, Dweb3 Capital, and existing investors Play Ventures.
Datawisp seeks to solve a major challenge facing companies that rely on data-driven analytics to make decisions. The company is specifically on a mission to make it easier for companies to deploy algorithms without asking developers to encode the underlying protocol.
Datawisp believes that games and web3 apps are among the areas likely to benefit from its innovative products.
“This is especially true for games and web3 native apps where companies are forced to make decisions based on siled information not designed for analytics,” the company wrote in a press release on Thursday. I’m here.
The company makes it easy for anyone to build complex queries and dashboards with a visual language that replaces code.
Datawisp co-founder and CEO Mo Hallaba commented: It is becoming more difficult and important for companies to understand that data and leverage it to make better business decisions. Our vision is a product that works for everyone, regardless of technical ability, and makes working with data as easy as sending an email in Outlook or creating a slide deck in Powerpoint. is to build ”
The concept is nothing new, as web builders like Wix offer developers and creators the same solution, making it easy to build exciting web2 platforms. Meanwhile, platforms like Dune Analytics already leverage the same concept that allows users to create dashboards displaying data from her Web3 application.
Datawisp differentiates itself from existing Web3 dashboard builders and analytics platforms by focusing on business clients and the unique metrics that are critical to their operations.
The platform is already integrated with Solana and can provide access to on-chain data. Dataswip will follow in the footsteps of Solana’s largest NFT marketplace, Magic Eden, and will expand to other blockchains later this year.
Commenting on the company’s investment in Datawisp, CoinFund partner Evan Feng said: Corporate wallet in the future. We look forward to helping them scale across their operations and ship their ambitious product roadmaps to multiple end markets. ”
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