BTCS Inc. Launches ChainQ: An AI-Powered Blockchain Analytics Platform
10 Luglio 2024 - 2:31PM
BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain
technology-focused company, is proud to announce the launch of
ChainQ, its pioneering blockchain analytics platform designed to
revolutionize the exploration and comprehension of certain
blockchain data. ChainQ represents a significant leap forward in
simplifying the access, querying, and analysis of blockchain data,
empowering users with unprecedented accessibility and insights.
ChainQ leverages indexed data from BTCS’s
blockchain infrastructure operations to provide access to otherwise
hard-to-access public blockchain data, similar to Bloomberg for
financial research or Westlaw for legal research. Unlike
traditional blockchain explorers that offer cumbersome navigation
and lack features like natural language queries and customizable
searches, ChainQ simplifies and accelerates data exploration
through its AI driven platform.
“ChainQ signifies our commitment to innovation
in the blockchain space,” said Charles Allen, CEO of BTCS. “We’re
thrilled to introduce this cutting-edge platform that merges the
power of artificial intelligence with advanced search
functionalities to offer users an intuitive and comprehensive
solution to navigate blockchain data. The initial beta version of
ChainQ supports indexed data from the Cosmos (ATOM) blockchain
network. While we are launching with data from Cosmos, a smaller
blockchain by market cap, its complexity sets the stage for
expansion into larger and less complex chains with more holders and
broader market awareness. As global cryptocurrency ownership
increased by 34% in 2023, rising from 432 million in January 2023
to 580 million in December 20231, we see a vast and growing
addressable market for our solutions.”
ChainQ offers a seamless user experience with
its intuitive interface, powered by state-of-the-art generative AI
technology. Users can effortlessly access and analyze blockchain
data with a simple search bar, enabling natural language queries
(NQL) to uncover detailed insights from indexed blockchain
data.
“ChainQ is more than just a tool; it’s a gateway
to unlocking the full potential of blockchain data,” remarked
Michal Handerhan, COO of BTCS. “With its user-friendly approach and
powerful features, ChainQ empowers users of all technical levels to
explore, organize, and understand blockchain data like never
before.”
Key features of ChainQ include:
- Fast access to blockchain data
exceeding the capabilities of standard web search engines, and
simplified compared to complex blockchain explorers.
- Cutting-edge generative AI
technology.
- Intuitive search functionality with
natural language queries.
- Customizable search panel for
refined results.
- Insightful visualizations for
enhanced data comprehension.
- Support for SQL queries, saved
searches, and result exportation.
For more information about ChainQ and to sign up
for access to the platform, visit www.chainq.com.
Further, in line with our commitment to
shareholder and customer engagement we’ve updated our corporate
website and corporate presentation to incorporate the addition
ChainQ to the Company’s operations and better reflect our
initiatives, strategies, and the evolving nature of our
business.
About BTCS:BTCS Inc. is a
Nasdaq listed company operating in the blockchain technology sector
since 2014 and is one of the only U.S. publicly traded companies
with a primary focus on proof-of-stake blockchain infrastructure.
We focus on driving scalable growth through our diverse business
streams that leverage our core blockchain infrastructure operations
which includes staking and operating validator nodes on various
proof-of-stake networks, such as Ethereum. Built atop our
blockchain infrastructure operations are: ChainQ, our AI-powered
blockchain analytics platform, which provides a simple way for
crypto holders to access otherwise hard-to-obtain data;
StakeSeeker, offering an analytics-focused cryptocurrency dashboard
and Staking-as-a-Service solution, and Builder+, an Ethereum block
builder optimizing profit through block construction. For more
information visit: www.btcs.com.
Forward-Looking
Statements:Certain statements in this press release,
constitute “forward-looking statements” within the meaning of the
federal securities laws including statements regarding our beliefs
related to the growing addressable market for our solutions. Words
such as “may,” “might,” “will,” “should,” “believe,” “expect,”
“anticipate,” “estimate,” “continue,” “predict,” “forecast,”
“project,” “plan,” “intend” or similar expressions, or statements
regarding intent, belief, or current expectations, are
forward-looking statements. While the Company believes these
forward-looking statements are reasonable, undue reliance should
not be placed on any such forward-looking statements, which are
based on information available to us on the date of this release.
These forward-looking statements are based upon assumptions and are
subject to various risks and uncertainties, including without
limitation regulatory issues, unexpected issues with Builder+,
unexpected issues with ChainQ, and the reluctance of users to
utilize solutions, as well as risks set forth in the Company’s
filings with the Securities and Exchange Commission including its
Form 10-K for the year ended December 31, 2023 which was filed on
March 21, 2024. Thus, actual results could be materially different.
The Company expressly disclaims any obligation to update or alter
statements, whether as a result of new information, future events
or otherwise, except as required by law.
Investor Relations:ir@btcs.com
1 Crypto.com January 22, 2024 Annual Crypto
Market Sizing Report
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