Question 1

Why should NFT finance apps utilize an NFT API?

Accepted Answer

NFT finance apps should focus on delivering the best end user experience, instead of building base level indexing infrastructure. By using an API provider to ingest NFT data, they can save engineering time and effort.

Question 2

How can NFT finance apps properly handle NFT collections?

Accepted Answer

SimpleHash provides unique collection IDs, including for sub-collections, and continually refreshes for the latest token assignments - this ensures collection metadata, floor prices and market data are properly attributed.

Question 3

What makes SimpleHash a better option for NFT finance apps than other NFT APIs?

Accepted Answer

SimpleHash has broader coverage of NFT metadata, includes NFT market data from more marketplaces and ecosystems. SimpleHash also provides a superior developer experience, including LLM powered spam scores, OpenRarity, standardized trait data, standard wallet valuations, market analytics (+ NFT volumes, market caps), reveal / drop detector events, and Solana compressed NFT support.

Question 4

How can NFT finance apps aggregate listings?

Accepted Answer

SimpleHash provides a real-time event stream of listings across multiple other marketplaces, along with top collection bids.

Question 5

What blockchains can NFT finance apps query NFT data on using SimpleHash?

Accepted Answer

More than 40 different mainnets and testnets, including the main EVM chains, Solana and Bitcoin Ordinals.