Relying solely on API services is not enough; an ecological flywheel must be formed. The ambition of Chainbase lies here — it is not only a developer tool but is also attempting to build a Web3 data market, allowing supply and demand to self-reinforce on the platform.
What is the model? Chainbase's model is a bilateral platform. One side is data providers, including node operators, index builders, and even institutional on-chain data producers; the other side is the demand side, which includes developers, exchanges, payment companies, RWA projects, etc. As the range of chains expands, the number of interfaces that developers can directly reuse increases, reducing access costs and naturally increasing attractiveness. Meanwhile, data providers can continually contribute new datasets through token rewards and revenue sharing.
More interestingly, Chainbase can commercialize some high-value data. For example, NFT rarity rankings, DeFi pool liquidity snapshots, cross-chain bridge monitoring, and anti-witch markings. This data is extremely valuable for trading platforms and financial applications. If it can be directly purchased on a platform like Chainbase, it saves the hassle of building an in-house data team. For project teams, data also transforms from a mere "cost" into an "asset," further enhancing the platform's stickiness.
The logic of the ecological flywheel is very intuitive: more developers → more data demand → richer data supply → more complete platform functions → attracting more developers. As long as this loop is connected, Chainbase's moat will gradually form.
Furthermore, if we look at it from a long-term perspective, Chainbase is not just a "blockchain data API provider"; it is more likely to grow into a distribution and trading center for Web3 data. Considering that on-chain applications are rapidly diversifying, the value of such a platform is expected to be further amplified.
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