Etherscan upgraded its transaction tracking services to include the NFT tool kit. Price history, transaction dates and minting date of NFTs are now a click away.
NFT Tool Kit Explained: User Level
Etherscan is a Block Explorer and Analytics Platform for Ethereum. Adding the NFT tool kit means that users now have access and the capacity to trace the full history of NFTs.
The NFT tool kit is particularly useful for NFT Collectibles in the thousands. For example, you can search for the minting, distribution, transfers and burn events of popular NFT projects such as CryptoPunks, Bored Ape Yacht Club and Meebits. The toolkit can track transfers and record events throughout the lifespan of the NFT.
These days, primary NFT sales seem to be a mainstay headline. Everyone knows that these NFTs are selling for millions. The question is, are the owners able to resell it? The NFT tool kit can provide insights to answer this question. A healthy secondary market is necessary for the current trajectory to be maintained.
NFT Tool Kit Explained: Enterprise Level
The feature to track NFTs is also applicable on NFT Marketplace giants like Nifty Gateway, Rarible and OpenSea. Users have an easy way of checking in which marketplace the transaction was made, as well as the data on the recipient’s wallet.
However, NBA Top Shot collectors won’t be able to view transactions as the project uses Flow Blockchain. The NFTs would have been useful to the more than one million users of the Platform who are more NBA fans than crypto enthusiasts.
Additionally, the NFT tool kit makes it easier for new users to buy and sell NFTs on any platform and prevents any form of fraudulent activity in the process.
More About Etherscan
Etherscan is a useful resource for all Ethereum Network users to track transactions, check smart contracts, find out stats, and generally stay up to date with what’s happening in the Ethereum blockchain.
The firm adds NFT tracking to its list of other blockchain-based services. Its roster of services currently includes Binance BSC Explorer which is a block explorer for the Binance Smart Chain. Second, there’s ETHProtect which is a detection system used to identify if incoming funds are tainted. Finally, there’s Blockscan which is a search engine for decentralized website domains.
The new NFT tool kit will improve user experience and enhance the transparency of digital collectible trading. It can also double as an independent check and balance for the NFT Space. After all, the platform is free of charge!
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