Florida based crypto network activity tracker has raised $4.5m Series Seed capital from DCG, Coinbase Ventures, and Castle Island Ventures.
Balter went on to say that only the top 100 cryptocurrencies have any real traction at this point. However, he believes measuring blockchain activity and developer contributions can offer a holistic perspective of how an asset is maturing. “Price is an ineffective tool for understanding the value of these assets,” Balter said. “What you really need to pay attention to is, are customers using this product? How is that changing? And are developers actually building?”