Holding company Coinsilium Group Limited to release NFT analysis tool


The company said the “Nifty Scanner” software will provide detailed and essential basic information on how and where the assets associated with an NFT are stored.

Coinsilium Group Limited (LON: COIN) said its holding and consulting company Indorse is planning a public alpha version of Nifty Scanner, a digital asset analysis software solution for non-fungible tokens (NFT).

The open-ended blockchain and venture capital firm said the Nifty Scanner will analyze NFTs and provide detailed and essential background information on how and where the assets associated with an NFT are stored, claiming that although this data is available at blockchain, they are not always published with the NFT.

READ: Coinsilium provides update on partnership discussions between Nifty Labs and Indorse

The solution aims to address current issues with NFT verification processes by being able to gather token information in a section called “Chain Spectrum”.

Going forward, Consilium said the immediate next steps will be to make Nifty Scanner compatible with several popular NFT platforms and marketplaces, adding that there are also plans to integrate Indorse’s IND token and its ecosystem. validation fed by IND in the extension.

Once Nifty Scanner completes the alpha testing phase, the group said it would be able to “seamlessly move into the beta testing phase and then start working on broader marketing and commercialization.” .

Coinsilium shares were trading at around 12.5 pence on the Aquis Exchange by mid-morning on Wednesday.

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