Chainbeat Update — October 2020

Ashok Pitchamani
Chainbeat
Published in
2 min readOct 9, 2020

1-year update

We launched version 2 of Chainbeat just before the pandemic hit New York. As we live through these unprecedented times, the crypto market, on the other hand, has been moving forward in leaps and bounds with innovations across the board. Here are some metrics from Chainbeat to validate this growth.

Total Events Growth across 4-Networks

It’s been more than a year since we launched Chainbeat, intending to provide actionable and powerful insights on blockchain smart contracts and wallets. We have helped companies understand underlying usage and use cases of their products and enabled them to make decisions that directly helped their growth.

Manuel Ferrari from Money On Chain

We believe blockchain technology has immense positive potential that can decentralize and streamline financial transactions on a global scale. Our role with building Chainbeat is to be an enabler in the development of the next paradigm of technologies — a decentralized web 3.0 and an open-finance 2.0.

Over the last year, we have focused on building a quality product for our customers. To make a long-lasting impact in the ecosystem, we are making a few business model changes as to how Chainbeat operates going forward.

  • We will still pursue a freemium model, but with a fundamental change in the free version of Chainbeat, which will now provide access to only the last 30 days of data. The Free plan still gives you the option to add one smart contract and one wallet address.
  • If you are an existing free user, don’t worry; we will “grandfather” your Free plan, and you will still be able to access all your data like the way you used to.
  • We are also introducing two new payment plans — Premium and Enterprise. We have decided to provide nominal pricing with the Premium plan, starting at only $29/month if you sign up for a year.

We believe these changes are necessary for Chainbeat to continue supporting existing blockchain ecosystems and provide the ability to build new functionality that adds value to our customers.

Please let us know your feedback and input at info@chainbeat.io and follow us on twitter @chainbeatinc for regular updates from us.

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