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CrytopSlam

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CrytopSlam
Private
ISIN🆔
IndustryTechnology
Founded 📆2018
Founder 👔CEO Randy Wasinger
Headquarters 🏙️, ,
Area served 🗺️
Key people
CEO Randy Wasinger
Members
Number of employees
🌐 Websitecryptoslam.io
📇 Address
📞 telephone

CryptoSlam is a data aggregator for non-fungible token (NFT) collectibles founded in Overland Park, Kansas. The company is most notable for tracking thousands of NFT projects over 19 blockchains[1] including Ethereum, Polygon, Wax, Flow, Solana, and more.[2]

History[edit]

CryptoSlam was originally founded by CEO Randy Wasinger in 2018 as a means to track and analyze NFT data from MLB Champions, the first NFT collection to be officially licensed by a major professional sports league.[3] Wasinger collected sports cards and memorabilia since his adolescence, giving him insight into the collectability of NFTs and the need to organize NFT data for both collectors and potential investors.[4]

After launching the first version of CryptoSlam in early 2019,[3] the platform began integrating data from multiple NFT collections, including tracking the success of NBA Top Shot in 2021.[5]

Growth & Expansion[edit]

In April 2021, Mark Cuban’s[4] venture capital firm Radical Investments, along with Aloomii Inc, Troon Technologies, and GeoAds LLC, invested in CryptoSlam. The amount raised was not disclosed to the public.[6]

In January 2022, CryptoSlam raised $9 million[7] in a strategic seed round led by Animoca Brands.[8] During this round, several brands and capital firms invested in CryptoSlam including Mark Cuban,[4][9] Ashton Kutcher’s VC firm Sound Ventures, LinkedIn founder Reid Hoffman, Mark Pincus, and others.[10]

As of 2022, Cyptoslam tracked thousands of NFT collections such as the Bored Ape Yacht Club, Axie Infinity, Art Blocks, Ethereum Name Service, and Crypto Punks.[9]

Data from CryptoSlam has been cited by notable media outlets and NFT onboarding articles from Forbes,[11] Bloomberg,[12] TechCrunch,[13] Reuters,[14] and CNBC.[15]

In August 2022, CryptoSlam launched an API to enable blockchain developers to build applications leveraging NFT data such as sales volume, blockchain rankings, and number of transactions.[16]

References[edit]

  1. "Minti Labs Partners with CryptoSlam, Leading Aggregator of NFT Collectible Data". www.yahoo.com. Retrieved 2022-10-24.
  2. CryptoSlam (2022-01-05). "CryptoSlam Raises $9 Million Strategic Seed From Animoca Brands, OKEx Blockdream Ventures, Mark Cuban, Others". GlobeNewswire News Room. Retrieved 2022-10-24.
  3. 3.0 3.1 CryptoSlam. "Mark Cuban Invests in NFT Data Aggregator, CryptoSlam". www.prnewswire.com. Retrieved 2022-10-24.
  4. 4.0 4.1 4.2 "Mark Cuban Invests in NFT Data Aggregator CryptoSlam". finance.yahoo.com. Retrieved 2022-10-24.
  5. Browning, Kellen (2021-05-13). "How 'Put That on Top Shot!' Became a New N.B.A. Mantra". The New York Times. ISSN 0362-4331. Retrieved 2022-10-24.
  6. Insights, Ledger (2021-04-16). "Mark Cuban invests in NFT data aggregator CryptoSlam". Ledger Insights - blockchain for enterprise. Retrieved 2022-10-24.
  7. "Cryptoslam Stock Price, Funding, Valuation, Revenue & Financial Statements". www.cbinsights.com. Retrieved 2022-10-24.
  8. "NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures – Finance Bitcoin News". news.bitcoin.com. Retrieved 2022-10-24.
  9. 9.0 9.1 Graham, Michelai (2022-01-19). "CryptoSlam: Building an NFT Data Powerhouse". Boardroom. Retrieved 2022-10-24.
  10. "NFT Data Provider CryptoSlam Raises $9 Million USD in Strategic Seed Funding". HYPEBEAST. 2022-01-06. Retrieved 2022-10-24.
  11. Birch, David G. W. "NFTs: New Fraud Targets". Forbes. Retrieved 2022-10-24.
  12. Miller, Hannah (2022-09-15). "Hard-Hit NFTs See Surge in Sales After Ethereum Merge". Bloomberg. Retrieved 2022-10-24.
  13. Matney, Lucas (2021-10-16). "Does the NFT craze actually matter?". TechCrunch. Retrieved 2022-10-24.
  14. Howcroft, Elizabeth; Howcroft, Elizabeth (2022-01-11). "NFT sales hit $25 billion in 2021, but growth shows signs of slowing". Reuters. Retrieved 2022-10-24.
  15. Browne, Ryan. "People are paying millions for clips that can be viewed for free. Welcome to the world of 'NFTs'". CNBC. Retrieved 2022-10-24.
  16. "What Is CryptoSlam: How To Analyze NFTs Like a Pro? - Phemex Academy". Phemex. Retrieved 2022-10-24.


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