If you’re looking for reliable data from the Web3 community, look no further. EdgeIn, the only democratized platform for company, project, team, investment and token data, today announces its first paid product offering. For $14.99/month, get real-time updates on the companies, people, offers, and events that matter most to you, giving you an unprecedented advantage in Web3.

The company’s mission is central to Web3’s intent to obtain truly decentralized and accessible data that drives innovation.

“Our goal is to eliminate all obfuscation in the Web3 industry and provide the data reliability this community deserves,” said Redg Snodgrass, founder and CEO of EdgeIn. “It is time to demand more transparency on Web3 and replace centralized incumbents responsible for stunting and business development by making it difficult to find valuable information. The existing data model is failing everyone from builders to LPs to our own families.”

All about the flow of operations

Existing research platforms are heavily focused on complex dashboards based on quantities and legacy data. Unlike competing with the products or word-of-mouth deal flow for native crypto funds, the company offers simplified information that gives even Web2 investors an abbreviated view of the Web3 market.

The alt data market is currently a $1.8 billion market and is projected to be a $60 billion market by 2030. That consists of sentiment data, scraping data, analytics, etc. The Web3 investment research market, alone, is currently at $610 million and is projected to be an $11 billion market by 2030.

Competing products generate revenue primarily by capturing public user information, marketing it, analyzing it, and reselling it to large enterprises in a centralized suite of applications. EdgeIn aims to help users recover their data and benefit from the contribution to the ecosystem.

“EdgeIn’s community data model levels the playing field for developers in Web3, providing greater market visibility and giving users better control of their data,” said Ashley Brown, EdgeIn co-founder and COO. “The two-sided architecture is collaborative and incentivized, allowing any member of the community to provide data.”

How big is Edgein?

Since the platform launched in October, users have submitted more than 15,000 new companies and projects. Requests for new data are fulfilled by a team of community analysts in an average of 45 minutes. Contributions from larger data sets are indexed, validated, and published within 24 hours.

The team has created the largest verified on/off-chain dataset on Web3, indexing over 90% of the market in just 3 months. EdgeIn currently has 50,000 indexed Web3 companies and projects, 4,000 active investor profiles, and more than 20,000 builders already on the platform. The company will soon be moving into additional markets, including Generative AI, AR/VR, and a few other alpha markets to be named later. Community members have free access to a growing list of 25,000 companies published on the site. Additionally, EdgeIn will announce API access to its full dataset in February 2023.

Since launching the platform 8 weeks ago, the company has attracted users in over 1,500 cities in 140 countries and continues to maintain a daily active user count of 0.95. In the last 48 hours, 10% of users have already converted to a paid Contributor plan.

EdgeIn is currently in the “data seeding” phase of its launch and is actively onboarding additional technology, data and event partners to provide the most reliable and timely data set in the industry. Current partners include AmberData, Harmonic.ai, DefyTrends, Coingecko, LunarCrush, DefiLlama, DealRoom, and a handful of other like-minded teams.

The company is currently just starting up and has raised $400,000 from a handful of angel investors, including Mike Dinsdale (Akkadian Ventures, DocuSign, DoorDash, Gusto), Mike Borozdin (DocuSign, Google), Jeremy Clover (Circle), Pedram Amini , Bayo Okusanya and Ulises Merino Núñez. EdgeIn has also brought in a number of native Web3 advisors to accelerate outreach and serve as initial guides to effortlessly penetrate the Web3 community, including Shima Capital’s Wyatt Khosrowshahi, Palm Drive Capital’s Dylan Hunzeker, The Bad Crypto Podcast’s Travis Wright and James Burkett of Delos Holdings. .