Unsure of what the different emojis and labels on Nansen mean? We've got you covered!
The transparency that comes with public blockchains allow anyone to have access to transactional data that happens on-chain. Users are able to view transactions that are occurring in real time and gain insights that simply aren’t available to the common man in traditional markets. Blockchain analytics is about knowing what is happening on-chain and being able to have a clear view on who is behind those transactions. Nansen offers our users the ability to have both. In this article, we touch on some of the most important wallet labels and emojis that we use and what they mean.
Wallet labels are how we tag and identify wallet addresses. The exact identity of the owner of the wallet is often times unknown but we categorize wallets and tag them with labels and emojis: Fund, Heavy DEX trader, Legendary NFT collector etc. By having the largest database of wallets labelled, our users are able to have insight on the type of wallets executing transactions.
Emoji’s are what we use to give a visual representation of the type of wallet: Smart contract, Exchanges, Smart money etc. These are the key overarching types of wallets and having emojis allows our users to quickly spot such wallets while browsing our dashboards.
Providing our users with the “who” allows them to be able to track what some of the best in the space do, conduct due diligence and even set up real time alerts.
Examples of emojis on our dashboards
Examples of wallet labels (Pranksy’s wallet)
Emojis allow our users to quickly identify the main types of addresses involved in transactions on our dashboards and wallet labels allow our users to get a deeper understanding on the activities that the owner of the wallet address partakes in. We're the current leaders in profiling and labeling wallet addresses, giving our users an edge when it comes to cutting through the noise. Nansen helps surface the signal and helps our users to be the first to find new opportunities in the crypto markets. Be it NFTs, tokens or yield farming, Nansen has something for everyone.