Instant Web3 Data, Custom-Tailored to Fit Your Needs

Block by block, the amount of data available on blockchains around the world is growing. Despite macroeconomic headwinds and a punishing bear market, adoption and interest in Web3 is on the rise. Web2 companies such as Starbucks and Instagram have announced their arrival into the space — by acknowledging the importance of NFTs and through incorporating it into their business model.

Behind the scenes, the data that will soon be needed by these very companies, as well as growing Web3 projects, is continuing to rise ever so quickly.

But with decentralized systems, how can businesses quickly access, aggregate, and make sense of the data which they need to drive decision making?

PARSIQ Leads the Way

PARSIQ has always been about data. Since its inception, the team has understood the importance of blockchain infrastructure, and the opportunity to serve the industry as the data rails for Web3 projects, and bridging Web2 to Web3.

With this in mind, the company launched its revolutionary Tsunami API. This API, available across multiple blockchains, is capable of querying over 33 billion blockchain events in less than one second. Providing access to both historical and real-time data, PARSIQ is redefining what it means to quickly and easily access Web3 data.

PARSIQ understands that as businesses scale their Web3 offerings, they will need to provide meaningful data and statistics to their customers, and to their internal teams. Whether it is account balances, wallet holdings, or NFT floor prices, businesses who dive into the blockchain space will need a myriad of these figures to satisfy the data demands from their customers, and to make critical decisions to drive their product and service offerings forward.

With the Tsunami API, businesses don’t need to worry about directly querying the blockchain of interest itself. The need to set up their own nodes, hire personnel, and regularly provide maintenance is completely eliminated. In its place is Tsunami, capable of providing all of the data which the project needs — customized specifically to the data requirements which will help drive their businesses forward.

More than an API — Dedicated, Custom-Tailored Data Lakes

APIs are one thing, but customized PARSIQ Data Lakes take the blockchain data experience to the next level. Beyond fetching the data from the blockchain, PARSIQ’s Data Lakes are custom built to cordon off specific data needs for the business at hand.

An analogy between Data Lakes and a specialized reservoir of data can be a relevant one — where projects can define all of the data of interest to them, and where PARSIQ then creates the mechanisms to index all of this information on behalf of the business.

From Total Value Locked (TVL) to having transaction histories, PARSIQ Data Lakes are customized specifically for the project at hand to focus on the data which matters most to them. After implementing PARSIQ Data Lakes, customers will be able to access all of the information which they need — down to NFT metadata which may be of particular interest to their users.

It Will Always Be About the Data

While there is much that will change as the world evolves from Web2 to Web3, one constant looks to remain the same — the importance and criticality of data. Whether it is providing relevant information needed for customers to make certain decisions, or to collect the details required for Web3 projects to build analytic models — efficient, cost-effective, and rapid accessibility of data will continue to top the list of key needs for participants in the next iteration of the web.

PARSIQ is leading the way — providing customized solutions for new projects building for the long term in this space, as well as supporting established Web2 companies make sense of blockchain data as they transition to their Web3 journey.

Who says data can’t be exciting?

Interested? Try Tsunami API for free! 🏄‍♂️🌊

About PARSIQ

PARSIQ is a full-suite data network for building the backend of all Web3 dApps & protocols. The Tsunami API provides blockchain protocols and their clients (e.g. protocol-oriented dApps) with real-time data and historical data querying abilities.

Website | Blog | Twitter | Telegram | Discord | Reddit | YouTube | Link3.to