BlocksInform
Non-fungible token () management application has acquired WGMI.io, an NFT data platform, the company said Monday.
Floor, which allows traders to view and manage their portfolio of NFTs, will soon give users a more robust experience by incorporating WGMI.io’s dataset. Users will be able to visualize not only their assets, but also the related floor prices and exchange volumes.
Chris maddern, Co-Founder and Chief Floor Executive Officer, says coindesk that nfts stands for the intersection of "culture and money," and that it is important to create a platform that supports these facets with data.
"People simply do not want to spend hours going and watching all these [markets] to understand what is happening," said maddern. "What we've discovered is that people can now start spending more time making [commercial] decisions and immersing themselves in the communities behind these collections."
The iOS and Android Floor application is currently undergoing a closed beta test for a small token community. The project is led by Christine Brown, co-founder and COO, who used to be head of crypto operations at the robinhood investment platform, and co-founder and CTO siddhartha dabral, Founder of Button Software Company Inc.
In June of last year, Floor raised $8 million in a Series A round led by 6th Man Ventures, the investment firm led by Mike Dudas, founder of crypto publication The Block.
Currently, Floor supports data from collections minted on Ethereum, and plans to incorporate more chains down the line.
