Nansen Makes Sense of On-Chain Activity

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Nansen Makes Sense of On-Chain Activity
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Guess what was the inspiration for blockchain analytics firm nansen_ai? You. CEO Alex Svanevik tells that Nansen is the answer to a problem he and his co-founders first noticed on Crypto Twitter. More from ProjectsToWatch2023:

The inspiration for Nansen came from Crypto Twitter, said Nansen CEO Alex Svanevik.

Named after Norwegian polymath and Nobel Peace Prize laureate Fridtjof Nansen, Svanevik and two fellow data scientists, Lars Bakke Krogvig and Evgeny Medvedev, launched blockchain analytics platform Nansen in April 2020. Krogvig and Medvedev led engineering efforts exclusively focused on building, while Svanevik led business strategy and fundraising.

Nansen has over a hundred names in its toolbox and each wallet can be tagged multiple times. It uses labels, however, and typically, a Nansen blog post states, in keeping with the crypto ethos of privacy and a respect for anonymity. Exchange Flows is another dashboard that shows users what wallets are interacting with exchanges, what tokens are flowing to and from exchanges as well as each exchange’s netflow of total tokens.

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