{"id":3947,"date":"2023-02-19T06:01:15","date_gmt":"2023-02-19T06:01:15","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/19\/icy-tools-nft-data-analytics-guide-and-some-free-alternatives\/"},"modified":"2023-02-19T06:01:15","modified_gmt":"2023-02-19T06:01:15","slug":"icy-tools-nft-data-analytics-guide-and-some-free-alternatives","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/19\/icy-tools-nft-data-analytics-guide-and-some-free-alternatives\/","title":{"rendered":"Icy Tools NFT Data Analytics Guide (AND Some Free Alternatives)"},"content":{"rendered":"

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icy.tools is a NFT tracking and analytics platform founded by Icy Labs in 2021. On the platform, users can view data regarding latest floor prices, volume, and sale history on NFTs. They also get to see the price & volume charts for various NFTs. Furthermore, developers can use the API to query on-chain data. icy.tools also alerts users for latest mints and wallets that users follow.<\/p>\n

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What is Icy Tools?<\/span><\/h2>\n

In essence, icy.tools is an NFT tracking and analytics platform and data aggregator. To explain, it collects and gives data around the latest floor prices, volume, and sale history on various digital collectibles. Furthermore, it also allows users to see the price & volume charts for NFT collections. Collectors and interested users can also use the platform to see transaction history and portfolio value of any wallet. Then, it also offers an alerts system to help users keep up to date on the latest mints before they moon!<\/p>\n

The platform started in 2021 but was acquired by Quicknode<\/a> in May 2022.<\/p>\n

What is an NFT Aggregator?<\/span><\/h2>\n

NFT marketplace aggregators help users\u00a0 assess large bits of data across NFT marketplaces directly in one place. An NFT aggregator also does this without having to visit those marketplaces. Instead, they combine inventories from multiple NFT marketplaces into one unified interface. This allows NFT traders to get a clear view of the market, and therefore make bulk purchases, find new mints and make moves based on data and statistics.<\/p>\n

Icy Tools: Best Features For Trading NFTs<\/span><\/h2>\n

The analytics platform offers several important features:<\/p>\n

Real-time NFT Insights and a Real-time transaction feed<\/span><\/h3>\n

If you like trading NFTs, staying up to date with minting habits and following whales\u2019 wallets is a given. The platform\u2019s data is synced with the blockchain and therefore it always has the latest data. In fact, it reports just seconds after blocks are confirmed. If you\u2019re looking for feeds of real-time data on; mints, orders, and transfer, this is the perfect tool. You can even build a custom real-time Feed by favoriting collections and wallets you care about. Everything links to more in-depth data and, not only that, it\u2019s also available immediately and all the time.<\/p>\n

Trending Collections and Minting Now<\/span><\/h3>\n

Icy Tools offers features to find new mints and good buying opportunities. Firstly, they have a Trending page, which will keep you up to date with the top-selling collections on the market. Next they have a discover page which allows you to see what\u2019s minting right now in real time! As long as an NFT uses an ERC-721 smart contract, icy tools will pick it up.<\/p>\n

NFT Collection Analysis<\/span><\/h3>\n

Knowledge is power, after all, so icy tools offers information on every NFT collection it can. The platform boasts in-depth historical sales and floor\/volume charts, full transaction feeds, token data, holder breakdowns, and even profit leaderboards.<\/p>\n

NFT Drop Calendar<\/span><\/h3>\n

icy.tools also lets you see upcoming drops and mints with its NFT calendar<\/a>. Projects go through an application and community filtering process before being listed. This means that the calendar is curated, and less likely to feature rug pulls than some.<\/p>\n

Tools to Customise your NFT Trading Experience<\/span><\/h3>\n

On the Watch page, you can create lists of up to 20 collections or wallets that you want to track\u2014all updating in real-time. It\u2019s like TradingView for NFTs! Furthermore, icy tools offers the option to set up Push Notification alerts to follow your favorite wallets. This feature works with Discord, Telegram and even just your browser.<\/p>\n

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Is Icy Tools Free?<\/span><\/h2>\n

In short, no: Icy tools is not free. An icy.tools Premium account is a monthly subscription starting at $62 per month for a 6-month commitment. Alternatively, you can shell out $75 per month on a month-to-month plan.<\/p>\n

Currently, you may only pay using ETH or USD, with your wallet or bankcard respectively. This is because icy tools uses the payment processor Stripe. however the subscriptions won\u2019t charge you automatically\u2014
It\u2019s a top-up system instead.<\/p>\n

It\u2019s important to note: If you don\u2019t top up ahead of time, you will lose access to the premium features. Plus, subscriptions are not transferable\u2014each subscription is assigned to the wallet that paid for it.<\/p>\n

Free analytics alternatives to icy tools<\/span><\/h2>\n

If icy tools is a little too expensive for you, there are a bunch of great free NFT analytics platforms too. Before you jump in and buy a subscription, you might want to try one of the following free platforms for NFT traders instead:<\/p>\n

NFTGo<\/span><\/h3>\n

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NFTGo<\/a> is one of the numerous Web 3.0 projects that has proven to be a real gem for its users and the NFT community in general. Created by a group of NFT enthusiasts, the platform seeks to be able to help you improve your NFT experience. It does this by providing you with accurate NFT data, assisting with NFT research, discovering NFTs, and evaluating the worth of NFT projects. Furthermore, with its new trading aggregator feature, you can now buy many NFTs at once from different marketplaces.<\/p>\n

Gem<\/span><\/h3>\n

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Gem is a popular NFT marketplace aggregator. In essence, it lets you buy NFTs across multiple marketplaces with a single, low-cost transaction. In addition, Gem has rarity-based rankings for NFT collections.<\/p>\n

To be sure, these tools make Gem a popular choice for NFT traders. Especially for those looking to sweep NFTs around the floor price of a collection.<\/p>\n

In april 2022, Gem was acquired by OpenSea<\/a>, but the marketplace stated that Gem will continue to operate as its own company. That said, many of the features on Gem are things that NFT traders have long asked OpenSea to add. As a result, Opensea<\/a> are integrating more and more features from Gem into its marketplace.<\/p>\n

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Paid NFT analytics alternatives to Icy Tools<\/span><\/h2>\n

If you\u2019re looking for paid alternatives to icy tools, there are also a range of those too. NFT traders have the choice between alerting apps, aggregators and alpha groups but the following are the most popular for reliable data about NFTs:<\/p>\n

Ninja Alerts<\/span><\/h3>\n

Ninjalerts is an easy to use NFT trading tracker for Ethereum. Simply indicate which contracts or wallets you want to follow, then kick back with push notifications to your mobile devices and Google Chrome. Never miss a trade even when you\u2019re not trading.<\/p>\n

Nansen<\/span><\/h3>\n

Nansen is a blockchain analytics platform, which combines on-chain data with a massive and constantly growing database containing millions of wallet labels. It is possibly one of the most respected, with the Free NFT analytics tools often used by our own team at NFT evening. However, for the full experience, Nansen is also quite expensive.<\/p>\n

Is Icy Tools Worth it? Will I become an NFT millionaire?<\/span><\/h2>\n

If you\u2019re a full time trader, it\u2019s definitely important to work with NFT data and statistics. Whichever platform you choose, icy tools included, will give you a better insight into the NFT market. While reviewing data is important, sometimes statistics can also be misleading. Some may argue that the free alternatives to icy tools do less to omit data from wash trading. However, some will argue that the benefits of free NFT analytics tools far outweigh the negatives. Whatever you choose, you\u2019ll never become an NFT millionaire without assessing the market first and any of these tools can help you do just that- especially icy tools!<\/p>\n

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To learn more about the platform, check out the official icy tools website<\/a> and twitter account<\/a>.<\/p>\n

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All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n

This article is educational material.<\/em><\/p>\n

As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n