Data plays a crucial role in every technology ecosystem, telling stories and revealing insights in ways nothing else can. From the data generated by user activities, one can gain valuable insights into a system or application's strengths, weaknesses, and potential. In the traditional web, data is not readily accessible due to closed system designs, where only the entity that owns the database has access to the data generated by applications.
In web3, data is more readily available and accessible due to its permissionless and decentralized nature. However, accessing useful data on blockchains can still be challenging, creating friction for end users, developers, and analysts.
While it's possible to get the data you need, it often requires significant effort. Teams end up spending time building custom solutions to access the data instead of focusing on using it to develop their products and create value.
The Noves Builder Story
Noves is a web3 data company building the meta-layer for blockchain data. They enhance data quality across the entire ecosystem—from block explorers and wallets to accounting, tax, audit, marketing, and business analytics. By translating raw blockchain data and standardizing it across all chains and protocols through the Noves API Suite, developers and builders can bypass the tedious work of structuring blockchain data.
“Developers have had to deal with raw blockchain data for too long. We’re taking that data and refining it into information that’s more useful, faster, and easier to integrate into applications.” – Ben Roy, Co-Founder & CEO, Noves.
Essentially, Noves enables chain operators to deliver enriched, human-friendly data across their entire ecosystem through their APIs while also providing developers with data in an intuitive format that directly answers their questions rather than simply offering raw data in its native format.