Blockchain-focused startups working to help ensure the widespread adoption and success of web3 are building their online homes on .xyz domains. Web3 platform Disco.xyz is designed to foster a secure metaverse experience with enhanced privacy features. Decentralized crypto custodian Entropy.xyz aims to revolutionize the way crypto is stored. Social networking platform Lore.xyz works to connect amateur and experienced crypto investors. In this week’s #BlockchainThursday, we’ll introduce you to a web3 startup aimed at providing developers with an easier way of working with blockchain data: N.xyz.
N.xyz is the online home of nxyz, a new data infrastructure firm developed by former Google advertising executive Sridhar Ramaswamy. The firm’s application programming interface (API) is designed to quickly scan blockchains and their associated applications for data pertaining to NFTs, crypto wallets, and more, and then stream that data to developers in real-time. N.xyz comes from the same team behind the private, ad-free search engine Neeva, which Sridhar co-founded in 2019. N.xyz raised $40 million in a funding round led by crypto-focused venture fund Paradigm.xyz, with additional backing from crypto and web3-focused Coinbase Ventures, VC firm Sequoia Capital and more.1 The capital will be used to hire talent, build out support for emerging use cases, and to expand across different blockchains.
As Sridhar shares in the firm’s announcement post, the N.xyz team are no strangers to big data infrastructure. The company is comprised of web3 enthusiasts and distributed systems veterans who built the early infrastructure of Google Search and Ads serving systems. Sridhar shares his belief that no other product on the market can offer the speed, uptime, throughput, and flexibility that N.xyz can, and that their multi-chain indexing infrastructure can serve as your foundation for building in web3.
N.xyz makes great use of a 1 letter premium .xyz domain. If you choose a premium domain that is short, catchy, and direct, such as N.xyz, then chances are greater that it will be easier to say, read, repeat, and remember. A short domain name makes it easy, especially on mobile devices, for a customer to type your URL into their web browser and get to your website. A memorable and easy to spell domain helps customers visit the URL after hearing your domain name, for example in a podcast or from a video. A domain that exactly matches your brand name, like N.xyz, can benefit your visibility in search engines, as people may search your exact brand name to find your website. As of October 14, 2022, N.xyz ranks first in major search engines like Google and Bing for the search term “nxyz.”
We are inspired by Sridhar’s interest in helping web3 developers work with blockchain data, which makes N.xyz a great fit in the .xyz community. As their team explained to us, “We chose .xyz because it is the domain extension for next generation crypto companies.” N.xyz is still in beta, but you can join the waitlist now to stay updated. You can learn more by following the platform on Twitter, joining the Discord, and by visiting N.xyz.