Democratizing alpha with wall.app: the free NFT analytics platform for degens
Wall.app aims to democratize alpha by making on-chain analytic data on NFTs free and accessible to everyone
Hi everyone,
Today I’m writing about wall.app - an NFT analytics platform that’s free and accessible for everyone. While this is a sponsored post, final edits and opinions are still my own. I’m a big fan of what Anuj (CEO of wall.app) and the team are building. Too often, the people with the most access to paid groups and paid on-chain analytics software are the ones that get ahead in the NFT flipping game. I think wall.app will be a game-changer and help level the playing field. It’s like etherscan, but for NFTs.
I hope you enjoy it, and if you haven’t already, drop your email to get these straight to your inbox.
In the last NFT bull run, making good flips was all about getting alpha. The people with the best alpha won big. But right now, alpha is hidden inside paid discord groups or software. That’s where wall.app wants to change the game and level the playing field.
The current state of NFT flipping
Right now the people that win the NFT flip game are the ones with the best alpha. They either get it from paid software or by having access to paid discord/telegram groups. This allows people with a strong network + capital to get ahead and stay ahead.
But what if you’re new to the NFT space? What if you aren’t a whale, don’t have an extensive network, or are brand new to the space? What if you can’t justify paying for an NFT analytics platform? Unfortunately, right now, you’d be out of luck.
This is the exact problem wall.app wants to tackle. Wall.app is an NFT analytics platform that’s accessible to everyone. Meaning it’s not just free; it’s also intuitive and easy to use.
Instead of the high-powered tools being available to the big players, the app is democratizing on-chain alpha.
While “democratizing alpha” might sound like a catchy tagline, there is truth behind it. To explain, let me break down some of the ways people get NFT alpha today and how wall.app makes that information accessible to everyone.
How wall.app helps you get alpha
1) Following whale wallets
Let's face it, whales in the NFT space always get alpha early. So following a big wallet's moves is a pretty good strategy, especially when you know they have a good flipping history. While that's possible today, it's still mostly behind paid software or in closed discord groups. On wall.app, anyone can do this.
You can follow individual wallets or a collection of wallets you think are high performers. On the app, you’ll see their entire activity on a timeline, which helps you get alpha as soon as it hits the chain.
2) Create Twitter-like lists of wallets
Wall also takes following wallets a step further. Like how you create “lists” on Twitter to follow notable accounts with alpha, you can do the same in Wall. Create lists of wallets or import your existing Twitter lists into Wall. Wall automatically matches Twitter users to their ENS name and wallet, which lets you read their tweets and watch their NFT moves simultaneously. Because people tweet after they buy NFTs, you're getting ahead of the alpha by following wallets on wall.app.
3) Check the historical performance of wallets
What if you don’t know any good wallets to follow, or you’re just starting in the NFT space? For that, how do you know who are good people to follow? On Wall, you can check a wallet's overall profitability or their “WALLet” score. The WALLet score is a combination of your transaction history and profitability. Checking each wallet lets, you know whose wallet activity is good to follow. If you’ve been in the NFT game, you can also use the WALLet score and overview to learn which mints and flip were good and which ones’ weren’t. As Ray Dalio says, pain + reflection = progress.
4) See a collection’s bluechip overlap
A good marker of a project is asking: what else are the current holders holding? People always try to appeal to BAYC/MAYC and other blue-chip projects. On Wall’s collection view, you get a much more detailed breakdown of the project than what OpenSea offers, including “bluechip overlap.”
5) See the latest activity of the people you follow
Right now, there isn’t a great way to follow a bunch of wallets and check their latest activity. On Wall, you check the latest activity of all the wallets you follow (via lists) and get an overview of what they did in the past 24h or longer. You can even filter by minted, bought, sold and more.
Remember, the blockchain is just an open database that anyone can read. It’s the organization of that information that’s challenging. Etherscan lets you navigate the ethereum blockchain, but they are just now adding deeper NFT functionality.
What Wall app is doing is interesting - they want to become the default NFT analytics platform for degens - by making all on-chain information easy to read and use. Alpha for everyone, for free, is something I will always champion.
The platform is launching in a few weeks, but you can check your wallet’s profitability, REKT score, or anyone else's. Check that out here.
You can also find them on Twitter (@walldotapp).
Thanks for reading this deep dive into wall.app. Be sure to enter your email to get the latest Degen University posts right to your inbox, follow me on Twitter, and check out the latest episode of cc0 Sunday, where I give an overview of all the happenings in cc0 universe.