Mnemonic is a NFT intelligence platform that powers blockchain applications. Today, Mnemonic announces the launch its APIs as well as cross-chain aggregation platforms. Mnemonic was founded by top-tier NFT funds and has strong ties to the Blockchain ecosystem. Along with Monochrome Capital and Sound Ventures and Tribe Capital as well prominent angels from Coinbase, IntoTheBlock, People.ai, and Coinbase, the company raised $4M in seed capital.

Introducing the “Plaid for NFTs.”2017 saw the debut of non-fungible tokens. In 2020, there were 30,000 to 81,000 NFTs changing hands each week. The blockchain industry boom was further accelerated by the Covid-19 pandemic, with more than $2 billion spent on NFTs during the first quarter of 2021 — a 2,100% increase from the fourth quarter of 2020.

Mnemonic is the NFT data infrastructure layer. Similar to how Plaid’s technology platform powers fintech and digital finance products, Mnemonic’s API data platform is a foundational component that can power any NFT-based application. Mnemonic makes it easy for developers to access the cross-chain APIs and platform that allows them to build and instantly create new applications.

This first-of-its-kind NFT intelligence platform plays a critical role in transforming the enterprise layer by offering rich data, insights and infrastructure for the next era of NFT companies engaging today’s fans in crypto and commerce. The company’s APIs bring much needed clarity into the behavior of token owners and market dynamics, offering reliable and scalable search of all NFT data, cohorts and contract activity. Developers can access Mnemonic’s APIs to build applications with rich NFT data they would not otherwise have, while its dashboards allow collectors and enthusiasts to follow their favorite collections.

Current partners include major NFT companies Dapper Labs, Yat, and Mintable, who leverage Mnemonic’s API for their respective technologies. Mnemonic’s first platform version will feature live collections from its blue-chip NFT partner Lazy Lions, Gutter Cat Gang and World of Women to demonstrate the power of its data. Mnemonic has the data infrastructure that was previously impossible to access for NFT developers, including small entrepreneurs who are starting new NFT projects.

The Transformation of Digital OwnershipNFTs are the future of digital ownership. This includes everything from luxury handbags and legal agreements. NFTs offer radical new opportunities for individuals to take part in blockchain’s openness. They also allow people to create programmable relationships that can generate new revenue streams based on scarcity or uniqueness. The open nature of NFTs means that this technology enables win-win business models, aggregation with value and opportunities being created in many different places–whether in the form of golden tickets, digital twins, in-game assets, metaverses or virtual stores. NFTs are a great way for creators and brands to connect with their fans. They also offer the opportunity to build long-lasting relationships and transform how they decide on what is next. NFTs have a huge impact on all industries: Gaming, finance, legal.

• Transactions in the real world, markets, wallets and accounts, e.g. Selling luxury goods on The RealReal, NASDAQ: with NFTs providing authenticity and provenance
• Fan engagement, i.e. Owning assets and unlocking rewards
• Access to physical and virtual experiences in the metaverses with velvet rope
• How to update your online identity with creator tools
• Digital transformation of how legal contracts are signed and tracked in digital space

NFTs are most well-known because they have been associated with crypto, however their effect on business and the world will be far greater than that.
Andrii Yasinetsky (CEO and co-founder, Mnemonic)

Mnemonic was founded because it recognizes the importance of NFTs to the future digital ownership. Mnemonic is excited to continue to contribute to the industry’s scaleability and data transformation for the next few years.”
Mnemonic has pioneered next-generation data, B2B NFTs, and pick-and shovel infrastructure for NFT industries. It is also a leader in the development of NFTs that can be used to support financial, industrial, and enterprise ecosystems. Kenetic is thrilled to be supporting Mnemonic in its quest to create a better future for NFTs.
Jehan Chu is the managing partner of Kenetic and co-founder.

Built by engineers and executives formerly at Uber (NYSE:), Google (NASDAQ:), and Reddit, Mnemonic’s co-founders have decades of collective experience building companies and big data platforms that scale to millions of transactions per second, and have served enterprise clients in mission-critical applications. Elena Ikonomovska, a former Reddit data scientist was also the creator and leader of the Change.org department for machine learning and artificial intelligence. A MSc in machine learning and a PhD, she holds. Ben Metcalfe is a venture capital fund manager, co-founder of WP Engine and was previously Senior Product Manager at Uber, where Andrii Yasinetsky worked as a lead engineer on Uber’s core logistic platform, marketplace dynamics and later the self-driving API platform at Uber ATG. Yasinetsky spent also four years on Google Analytics. Denys Nevozhai is a long-standing designer who previously created UX for Google Nest and Assistant.

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