Zapper, a prominent DeFi aggregator and tool for managing portfolios, has recently unveiled the first part of the Zapper Protocol, introducing a new layer for interpreting on-chain data to enhance accessibility and comprehension.
This innovative layer allows users to act as event interpreters and position interpreters, playing crucial roles in translating intricate blockchain data into user-friendly formats.
Established in 2020, Zapper gained significant attention in 2021 with a $15 million Series A funding round led by Framework Ventures and supported by notable investors like Mark Cuban and Ashton Kutcher’s Sound Ventures. This funding has been pivotal in driving Zapper’s continuous development and recent progress.
The roadmap for Zapper includes the launch of a native ZAP token in the fourth quarter of 2024. The platform’s goal is to boost on-chain literacy by making Ethereum’s social networking elements more visible and comprehensible to users.
“We are revealing the true essence of Ethereum by making it readable. Ethereum is essentially a social network, and we are bringing that aspect to the forefront,” stated the Platform Head.
To support these endeavors, Zapper has created indexing templates to streamline the process of indexing on-chain data. These templates will empower users to grasp complex data without the need for advanced coding skills, making blockchain information more accessible to all.
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