PixelPlex Case Studies CheckNFT.iO: An Intelligent Solution for NFT Analysis and Fraud Detection

	CheckNFT.iO: An Intelligent Solution for NFT Analysis and Fraud Detection PixelPlex

CheckNFT.iO: An Intelligent Solution for NFT Analysis and Fraud Detection

PixelPlex

Technology Category	Application Infrastructure & Middleware - Blockchain Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Cement Equipment & Machinery
Applicable Functions	Procurement
Use Cases	Clinical Image Analysis Track & Trace of Assets
Challenge	Vasiliy Karpitski and Alexei Dulub, entrepreneurs and blockchain enthusiasts, identified a significant challenge in the rapidly growing NFT market. The NFT market, which hit $17.6 billion in sales in 2021, has attracted a large number of creators, businesses, and investors. However, the rapid growth of the market has also led to an increase in scams and fraudulent activities such as blacklists, wash trades, and duplicates. This has made it difficult for NFT buyers, creators, and businesses to make quality investment decisions and avoid risks. To address this challenge, the entrepreneurs decided to develop a smart solution that would help NFT investors make informed decisions by providing them with actionable data on NFT collectibles, their provenance, and ownership. Read More
About Customer	The customers of CheckNFT.iO are primarily NFT investors, creators, and businesses in the NFT field. These customers are looking for a reliable and intelligent solution that can help them make informed investment decisions in the NFT market. They need a platform that can provide them with actionable data on NFT collectibles, their provenance, and ownership. They also need a platform that can help them avoid scams and other fraudulent activities in the NFT market. In addition, the platform also caters to the needs of analytics firms that require quick access to a large array of structured data and the results generated by machine learning models for analytical purposes. Read More
Customer Name	Vasiliy Karpitski and Alexei Dulub Read More
Solution	The solution to this challenge was the development of CheckNFT.iO, a platform that collects and analyzes large amounts of data from the blockchain network and machine learning models. The platform allows users to browse, compare, and analyze data behind NFT collectibles. It is equipped with an AI engine that analyzes NFT’s history on the blockchain and monitors newly created blocks in real time to provide users with potential copies or IP exploits. The platform also includes advanced analytics tools like marketplace analytics, top NFT gems, and more. To prevent scams and other financial manipulations, the platform uses an AI algorithm that detects fraudulent smart contract creations, mints, and other suspicious activities. The platform also ensures intuitive navigation so that both NFT newbies and professionals in the field can easily use the service. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Blockchain

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Cement

Equipment & Machinery

Applicable Functions

Procurement

Use Cases

Clinical Image Analysis

Track & Trace of Assets

Challenge

Vasiliy Karpitski and Alexei Dulub, entrepreneurs and blockchain enthusiasts, identified a significant challenge in the rapidly growing NFT market. The NFT market, which hit $17.6 billion in sales in 2021, has attracted a large number of creators, businesses, and investors. However, the rapid growth of the market has also led to an increase in scams and fraudulent activities such as blacklists, wash trades, and duplicates. This has made it difficult for NFT buyers, creators, and businesses to make quality investment decisions and avoid risks. To address this challenge, the entrepreneurs decided to develop a smart solution that would help NFT investors make informed decisions by providing them with actionable data on NFT collectibles, their provenance, and ownership.

About Customer

The customers of CheckNFT.iO are primarily NFT investors, creators, and businesses in the NFT field. These customers are looking for a reliable and intelligent solution that can help them make informed investment decisions in the NFT market. They need a platform that can provide them with actionable data on NFT collectibles, their provenance, and ownership. They also need a platform that can help them avoid scams and other fraudulent activities in the NFT market. In addition, the platform also caters to the needs of analytics firms that require quick access to a large array of structured data and the results generated by machine learning models for analytical purposes.

Customer Name

Vasiliy Karpitski and Alexei Dulub

Solution

The solution to this challenge was the development of CheckNFT.iO, a platform that collects and analyzes large amounts of data from the blockchain network and machine learning models. The platform allows users to browse, compare, and analyze data behind NFT collectibles. It is equipped with an AI engine that analyzes NFT’s history on the blockchain and monitors newly created blocks in real time to provide users with potential copies or IP exploits. The platform also includes advanced analytics tools like marketplace analytics, top NFT gems, and more. To prevent scams and other financial manipulations, the platform uses an AI algorithm that detects fraudulent smart contract creations, mints, and other suspicious activities. The platform also ensures intuitive navigation so that both NFT newbies and professionals in the field can easily use the service.

Impact #1	The operational results of the CheckNFT.iO platform have been significant. The platform has been successful in providing users with actionable data on NFT collectibles, their provenance, and ownership, thus enabling NFT enthusiasts to reduce risks and earn revenue. It has also been effective in preventing scams and other fraudulent activities in the NFT market. The platform's intuitive navigation has made it easy for both NFT newbies and professionals in the field to use the service. Furthermore, the platform has been beneficial for businesses and analytics firms by providing them with quick access to a large array of structured data and the results generated by machine learning models for analytical purposes.

Impact #1

The operational results of the CheckNFT.iO platform have been significant. The platform has been successful in providing users with actionable data on NFT collectibles, their provenance, and ownership, thus enabling NFT enthusiasts to reduce risks and earn revenue. It has also been effective in preventing scams and other fraudulent activities in the NFT market. The platform's intuitive navigation has made it easy for both NFT newbies and professionals in the field to use the service. Furthermore, the platform has been beneficial for businesses and analytics firms by providing them with quick access to a large array of structured data and the results generated by machine learning models for analytical purposes.

Benefit #1	CheckNFT.iO has the largest and richest database with tens of millions of ERC-721/ERC-1155 tokens.
Benefit #2	The platform is capable of performing a high-quality analysis in just a few seconds.
Benefit #3	The platform supports top existing marketplaces like OpenSea, Rarible, SuperRare, Nifty Gateway, MakersPlace, and Foundation.

Benefit #1

CheckNFT.iO has the largest and richest database with tens of millions of ERC-721/ERC-1155 tokens.

Benefit #2

The platform is capable of performing a high-quality analysis in just a few seconds.

Benefit #3

The platform supports top existing marketplaces like OpenSea, Rarible, SuperRare, Nifty Gateway, MakersPlace, and Foundation.

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Overview

CheckNFT.iO: An Intelligent Solution for NFT Analysis and Fraud Detection

Operational Impact

Quantitative Benefit