Home AI EdgeIn launches a no-cost and low-cost alternative to Crunchbase/Pitchbook for Web3 data with a community-shared revenue model

EdgeIn launches a no-cost and low-cost alternative to Crunchbase/Pitchbook for Web3 data with a community-shared revenue model

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EdgeIn launches a no-cost and low-cost alternative to Crunchbase/Pitchbook for Web3 data with a community-shared revenue model

Source: news.google.com

EdgeIn launches a community platform to provide access to the largest validated data set for Web3 companies, projects, teams, investments, and symbolic data. The company’s mission is to help users recover their data and benefit from contributing to the ecosystem in a truly decentralized way, unlike existing research platforms like Pitchbook and Crunchbase.

SAN FRANCISCO (PRWEB) January 26, 2023

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.

EdgeIn’s mission is central to Web3’s intent to achieve truly decentralized and accessible data that drives innovation.

“EdgeIn’s 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’s time to demand more transparency in Web3 and replace centralized incumbents responsible for retarding growth and business development by making it difficult to find valuable information. The existing data model is failing everyone from builders to LPs to ordinary families “.

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 by native crypto funds, EdgeIn 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, co-founder and COO of EdgeIn. “The double-sided architecture is collaborative and incentivized, allowing anyone in the community to provide data.”

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 analysts from the EdgeIn community in an average of 45 minutes. Contributions from larger data sets are indexed, validated, and published within 24 hours.

The EdgeIn team has built 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, EdgeIn 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. If you are interested in learning more about partnering with the EdgeIn platform, please email ashley@edgein.io

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. .

About EdgeIn

EdgeIn is the largest and most accessible Web3 dataset on companies, projects and investments. For $14.99/month, get real-time updates on the companies, people, offers, and events that matter most to you, as well as access to user emails on the platform, giving you an unprecedented advantage in Web3.

For the original version on PRWeb visit: https://www.prweb.com/releases/2023/MM/prweb19135952.htm

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