MEXC Global
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MEXC Global

AMA Session with Nishanth Shankar Ram from Unmarshal (MARSH)

Guest: Nishanth Shankar Ram, Chief Operating Officer of Unmarshal
Host: Iris of MEXC Global

Introduction:

Iris: Today, we’re honored to have Nishanth Shankar Ram, Chief Operating Officer of Unmarshal, to our community to give us a more intuitive introduction to their unique project.

Nishanth, welcome. Would you like to say hello and introduce yourselves?

Nishanth: To introduce myself.. I am Nishanth and I head the Operations at Unmarshal. After having worked with MNCs and startups for a little over 13 years I joined Unmarshal this Feb.

It has been an exciting and a challenging journey in the fast growing crypto space and to be a part of Unamarshal which is looking to be the biggest data provider in the DeFi space.

Questions about the project

Q1

Iris: What is Unmarshal? Can you share with us more in detail?

Nishanth: We are privileged to introduce Unmarshal to the MEXC community

Unmarshal is a Multi-chain DeFi Data Network that facilitates seamless access to data on blockchains for any kind of decentralized applications.

It’s a platform built by developers, for developers to access the rich, decoded and indexed on-chain data with a single line of code from any blockchain.

Q2

Iris: What triggers you to launch Unmarshal? What are some of the real-world problems/ pain points that Unmarshal aims to solve?

Nishanth: Well.. it is always good to know the roots.

Our CEO, Manohar before starting Unmarshal, worked as a back-end consultant for several DeFi projects.

He tried using then existing data providers to solve indexing and data querying problems. None of them were efficient and easy enough.

There was a lot of work around to decode and convert the data in required format.

This is when the idea of Unmarshal was born.

The real-world problem that current DeFi projects are facing is composable APIs that can feed decoded, rich and reliable data.

Unmarshal aims to bridge this gap with data that’s most sought after by developers. Data that is rich, decoded and contextual.

We also provide our client with multiple data avenues like RESTful APIs, GraphQL, Notifications, Websockets, Insights and Analytics that puts us apart in this space.

Q3

Iris: What are some of the challenges that Unmarshal currently faces? How do you aim to solve them?

Nishanth: Unmarshal started with a working product in place alongside APIs for Ethereum chain.

The development swiftly progressed after the initial rounds of investments were completed.

Till date we have successfully released independent products such as NFT API,Ethereum & BSC API Suite, Unmarshal Explorer(xscan.io), Polygon APIs, Smart Notifications API, Token Store, GraphQL API (recent) and much more to come

If you ask me about the challenges, building a “decentralized network” would be on top of the list… But, we have an awesome tech team who unwaveringly accept challenging jobs.. We’re almost close to a major breakthrough there..

The independent products mentioned above help us in building the Decentralized Network we are aiming to..

Q4

Iris: Are there any exciting news or updates with regards to Unmarshal that you would like to share with the users?

Nishanth: Well .. definitely Yes.. there are a lot of exciting news coming up in Tech, Marketing, Business aspects. We always strive to innovate with our products at the same time do not want to lower our standards in providing the data.

Thi month.. August has been a speacila month for us.. where we are celebrating the #BUIDL month where We are releasing a product / or an update on the product every week of August. We’ve already released 3 major products and we have 2 more weeks left

Once our network is released, we will turn into an ecosystem with vivid roles for tech and non-tech members. Users can provide their services to Unmarshal Ecosystem to earn $MARSH incentives.

We have a strong community and supporters who back us with their constant support. You can join our chat group here: @unmarshal_chat.

We keep posting our updates often there so that the member can keep themselves apprised of what’s going on at Unmarshal

Q5

Iris: If you were to summarize your project in ONE word, what would it be? Why?

Nishanth: “Google”

That is what we want to be.. The google of all blockchain data

I’m not kidding here.

Check out our first user facing interface “Unmarshal Explorer” here: https://xscan.io.

It’s a simple google like search interface which decodes anything on blockchains. It’s a combo of EtherScan, BSCScan, PolygonScan , all in one place.

Users can get decoded details of their wallets, transactions, ENS at one click for multi-chains. It runs using our own indexers for Ethereum, BSC and Polygon

The intuitive interface has been praised and applauded by our peers as such as the ecosystem was void of such a product.

Currently, Unmarshal Explorer is in Beta. We will be making significant improvements in the coming days with several new features and new chains added.

Free-asking Session

Q1. Too many projects promise magic but never release any working product or prove any revenue within a short/long time of release. Is your project also like this? If not, can you tell us what makes your project different from other projects?

Nishanth: Well.. A simple point would be that.. When Unmarshal was launched.. we came in with a working product already.. We did spread news about our white paper..but the APIs that were ready.. When Unmarshal was launched We had the base APIs for ethereum and Binanace Smart Chain which are kind of backbone for the DeFi industry today.. Withing 4 months of launch.. we had already started getting paid customers who are using our services..

Our product suite keeps increasing day by day and we are ready to serve the DeFi space with all the On Chain data that is required.

Check out https://docs.unmarshal.io to learn about Unmarshal’s offerings

Q2: What makes you feel confident about the survival & sustainable success of your project in the near future? While you build your project, do you take into account community feedbacks and demands?

Nishanth: Data infrastructure is the backbone of DeFi.. not just DeFI any industry to be honest.. Every day the number of users coming onto DeFI is growinf enormously. The number of apps that are being developed is rising . The daily transactions and the vilume of tokens transferred is increasing multifold.. which is a proof that the space is growing exponentially.. Data needs in turn are incresing .. Unamrshal sits right in the middle of the chain data.. to understand .. index and decode them so that we can provide simplified on chain data to anyone in need.

Q3: Revenue is an important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model?

Nishanth: You are right.. Our revenue model is simple and straighforward. User are required to sign up on to our self serving KIOSK where they can login and get an API key for themselves. based on the usage and number of requests per month the users will be charged.

We have set of generic APIs which forms the base layer of Unmarshal data provision. Any customisations.. we will be able to help.

Check out https://console.unmarshal.io

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MEXC Global

MEXC Global

Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. Visit us at https://www.mexc.com/