Cymbal.xyz – GoDaddy customer – (United States)
The .xyz community consists of various web3 platforms that share the common goal of empowering users. Web3 platform Bonfire.xyz wants to revolutionize creator engagement and digital ownership. Crypto index-focused startup Alongside.xyz aims to make it easier for investors to gain exposure to the entire crypto asset market. NFT platform Highlight.xyz strives to simplify technical barriers for creators. In this week’s #BlockchainThursday, we’ll introduce you to a web3 platform that aims to make blockchain data easier to understand by all: Cymbal.xyz.
Cymbal.xyz is the online home of Cymbal, a blockchain explorer designed to make Ethereum data accessible and understandable to the average user. Launched in beta in 2023, Cymbal offers a visual and social interface designed to transform complex blockchain data into an easily digestible format. Initially focusing on NFTs, Cymbal plans to expand its data coverage to include broader cryptocurrency and token transactions and support additional blockchains like Solana and Polygon. Cymbal aims to democratize blockchain data and attract a wider audience to the crypto ecosystem. In July 2023, Cymbal raised $18.5M in funding, with support from First Round Capital, Solana Ventures, CAA Connect, Coinbase Ventures, and more.1
The platform provides a graphical user interface that incorporates NFT artwork, data trends, public information on wallet owners, and relevant news. It also utilizes AI to generate conversational summaries of transactions and trends. Cymbal incorporates social features to help users follow wallets and projects, personalize their profiles, and interact within the platform, similar to a social network. Future enhancements like messaging and content publishing are geared towards enhanced user engagement. 2The platform’s mission is to provide an accessible entry point to web3, empowering users to navigate the blockchain landscape with ease and confidence.
Cymbal news, labeled “Today’s Headlines” on the homepage, is a feature designed to aggregate and rank articles about blockchain topics, ranging from Solana transaction volumes to new airdrops, token launches, and NFTs. Drawing on the talents of a team with experience in building news products at Flipboard and collaborations with news organizations like Decrypt, Today’s Headlines curates content from leading web3 sources such as CoinDesk, The Block, and more. Using Cymbal AI, the platform enhances these articles with real-time data, providing interactive charts, stats, summaries, and proprietary insights. 3This helps users stay current on web3 developments and gain a deeper understanding of the news.
CEO and co-founder Eric Feng has extensive experience in the tech industry, spanning roles in major companies and significant contributions to various startups. He is also the co-founder of Gold House Ventures, an organization supporting Asian and Pacific Islander founders. Previously, he worked at Meta through the acquisition of the video commerce startup Packagd, served as a General Partner at the venture capital firm Kleiner Perkins, and held the position of CTO at popular streaming platform Hulu.
Choosing the .xyz domain for its website was a strategic move for Cymbal, aligning with its mission to make blockchain data more accessible and user-friendly. .XYZ is recognized for its versatility and modern appeal, resonating well with innovative and forward-thinking projects like Cymbal. As a domain extension that transcends traditional boundaries, .xyz reflects Cymbal’s goal to democratize blockchain technology and attract a broader audience. Additionally, the .xyz domain is popular among tech-savvy users and startups, positioning Cymbal within a dynamic community of innovators. This choice underscores Cymbal’s commitment to being at the forefront of the web3 revolution, offering a memorable and relevant online presence that complements its innovative platform. You can learn more about Cymbal by following along on X/Twitter @cymbalxyz and LinkedIn @cymbalxyz, and by visiting Cymbal.xyz.
1.https://www.crunchbase.com/organization/cymbal-6bef 2.https://decrypt.co/149202/cymbal-human-readable-ethereum-blockchain-explorer-etherscan 3.https://efeng.medium.com/introducing-cymbal-the-human-readable-block-explorer-97f719742413XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
