Opera launches new NFT monitoring and exploration tool

November 06, 2022

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Web3 browser Opera has introduced DegenKnows, a new non-fungible token (NFT) monitoring, tracking, and exploration tool with on-chain and off-chain statistics. The new tool intends to aid users in navigating NFT projects and gaining access to social media community information.

DegenKnows aims to provide users with off-chain data from social media sources, such as Twitter and Discord, in addition to standard on-chain data analysis such as individual transactions.

Users can specifically view Twitter feeds from the project’s most influential opinion leaders and official accounts. The software examines the team responsible for each NFT initiative, with the following list, actual fans, and total mentions over the course of twenty-four hours.

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DegenKnows said that its “Smart Filter” function will assist customers in identifying wash trade, airdrop, transfer, and scam schemes.

Opera solidifies its position in the NFT world

Notably, this product thrives on the recent non-fungible token boom, as evidenced by recent examples such as Reddit NFT generating $2.5 million in daily transaction volume and Art Gobblers, a new NFT collection, with over $15 million worth 9,660 ETH in total trade since its minting on Monday night, as per Opensea data. Susie Batt, crypto ecosystem lead at Opera, stated in a press release:

“With DegenKnows, we are giving them an innovative tool to explore and understand the world of NFTs and perhaps spot the next big project ahead of others.”
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According to the announcement, a free premium access to DegenKnows will be given to all Opera browser users , while non-Opera users have access to a limited free trial until the end of 2022.

In addition with the release of DegenKnows, Opera’s Crypto Browser has included the NEAR Protocol (NEAR) and Fantom (FTM) blockchains, following September’s inclusion of Elrond(EGLD) to interage its blockchain, adding to the various networks that are already interconnected, which include Bitcoin, Ethereum, BNB Chain and Polygon.

In March this year, Opera announced 8 blockchains to integrate in an effort to introduce Web3 to 380 million users.