Passport Labs

Analytics framework for blockchain and DeFi

About Passport Labs

Passport Labs provides an analytics framework for the blockchain and cryptocurrency ecosystem, focusing on decentralized finance (DeFi) and serving clients like blockchain developers and NFT creators. Their main product involves creating and managing data primitives, which are basic units of data that can be combined to generate scores and insights. For instance, they use a LoyaltyScore to determine which wallets should receive airdrops, ensuring tokens go to engaged users. Unlike competitors, Passport Labs offers its analytics tools for free, monetizing through premium features and custom solutions. Their goal is to enhance community engagement and improve the efficiency of blockchain projects by providing relevant and adaptable analytics.

N/AHeadquarters
2021Year Founded
STEALTHCompany Stage
Data & Analytics, Crypto & Web3, GamingIndustries
1-10Employees

Risks

Competition from established platforms like Chainalysis and Dune Analytics is increasing.
Regulatory scrutiny on DeFi projects may impact Passport Protocol's airdrop services.
Rapid blockchain evolution requires constant updates to Passport Protocol's data primitives.

Differentiation

Passport Protocol offers a unique open analytics framework for blockchain ecosystems.
The company provides free analytics tools with premium features for deeper insights.
Passport Protocol's LoyaltyScore enhances token distribution by identifying valuable users.

Upsides

Growing demand for NFT analytics boosts Passport Protocol's data primitives usage.
Increased interest in on-chain analytics tools supports Passport Protocol's growth.
Rising popularity of loyalty programs aligns with Passport Protocol's LoyaltyScore feature.