A data intelligence platform for the digital economy.
Forkast Labs Introduction
Forkast Labs is a data intelligence platform for the digital economy. It brings a standard way to talk about, measure, and value web3. We've been looking at web3 data all wrong. The metrics used today to measure web3 are weak – and oftentimes, misleading – indicators. Price movements up or down do not reflect fundamentals like onchain development or the value of a blockchain network. Trading volume of tokens or NFTs is easily inflated and measures activity, not true growth. Market caps of cryptos and tokens are not good approximations of underlying economic value in web3. Using crypto prices to understand web3 is the equivalent of using stock prices to understand the global economy.