If you are looking to analyze NFTs and digital assets, then Icy Tools is the platform for you! icy.tools is an NFT tracking and analysis platform founded by Icy Labs in 2021. On the platform, users can view data on the latest NFT minimum prices, volume, and sales history. Furthermore, users can also view the price and volume charts of various NFTs. Additionally, developers can use the API to query string data. icy.tools also alerts users to the latest mints and wallets that users follow. So let’s take a look at Icy Tools, NFT aggregators and alternatives for NFT trading.
What is IcyTools?
At its core, icy.tools is an NFT tracking and analytics platform and data aggregator. To explain it, it collects and provides data on the latest minimum prices, volume, and sales history across various digital collectibles. It also allows users to view price and volume charts for NFT collections. Therefore, interested collectors and users can use the platform to view the transaction history and portfolio value of any wallet. Then, it also offers an alert system to help users stay updated on the latest pre-moon mints.
The platform started in 2021 but was acquired by Quicknode in May 2022.
What is an NFT Aggregator?
NFT Market Aggregators help users evaluate large amounts of data on NFT markets directly in one place. An NFT aggregator also does this without having to visit those markets. Instead, they combine inventories from multiple NFT marketplaces into a unified interface. This allows NFT traders to get a clear view of the market and thus make bulk purchases, find new mints and make moves based on data and statistics.
Icy Tools: Best Features for Trading NFTs
The analytics platform offers several important features:
Real-time NFT Insights and a real-time transaction feed
If you enjoy trading NFTs, keeping up with the minting habits and following the whale wallets is a given. The data on the platform is synchronized with the blockchain and therefore you always have the most recent data. In fact, it reports seconds after the crashes are confirmed. Also, if you are looking for real-time data sources on; mints, orders and transfers, this is the perfect tool. You can even create a custom feed in real time by favoriteing the collections and portfolios that interest you. Everything is linked to more detailed data, and not only that, it is also immediately available at all times.
Collections and minting trends now
Icy Tools offers features to find new mints and good buying opportunities. First of all, they have a Trending page, which will keep you up to date with the best selling collections on the market. Next, they have a discover page that allows you to see what’s being minted right now in real time! As long as an NFT uses an ERC-721 smart contract, the icy tools will detect it.
Analysis of the NFT collection
After all, knowledge is power, which is why icy tools offers insight into every NFT collection it can. The platform features detailed historical sales and floor/volume charts, full transaction feeds, token data, headline breakdowns, and even earnings leaderboards.
NFT Drop Schedule
icy.tools also allows you to see upcoming drops and mints with your NFT calendar. Projects go through a community and request screening process before being listed. This means the calendar is curated and less likely to feature rug pull than some.
Tools to customize your NFT trading experience
On the View page, you can create lists of up to 20 collections or wallets that you want to track, all updated in real time. It’s like TradingView for NFTs! Also, icy tools offers the option to set up push notification alerts to follow your favorite wallets. This feature works with Discord, Telegram, and even just your browser.
Is Icy Tools free?
In short, no: Icy tools is not free. An icy.tools Premium account is a monthly subscription starting at $62 per month for a 6-month commitment. Alternatively, you can shell out $75 per month on a month-to-month plan.
Currently, you can only pay with ETH or USD, with your wallet or bank card, respectively. This is because icy tools uses the Stripe payment processor. However, you will not be charged for subscriptions automatically, rather it is a top-up system.
Important to note: if you do not top up early, you will lose access to premium features. Also, subscriptions are non-transferable: each subscription is assigned to the wallet that paid for it.
Free Analytics Alternatives to Icy Tools
If icy tools are out of your budget, there are also plenty of great free NFT analytics platforms out there. Before you jump in and buy a subscription, you might want to try one of the following free platforms for NFT traders:
nft go
NFTGo is one of the many Web 3.0 projects that has proven to be a real gem for its users and the NFT community in general. Created by a group of NFT enthusiasts, the platform seeks to help you enhance your NFT experience. It does this by providing you with accurate NFT data, helping with NFT research, discovering NFTs, and evaluating the value of NFT projects. Also, with its new trading aggregator feature, you can now buy many NFTs at once in different markets.
Jewel
Gem is a popular NFT marketplace aggregator. Simply put, it allows you to buy NFTs on multiple markets with a single, low-cost transaction. Additionally, Gem has rarity-based rankings for NFT collections.
Without a doubt, these tools make Gem a popular choice for NFT traders. Especially for those looking to sweep NFTs around the bottom price of a collection.
In April 2022, OpenSea acquired Gem, but the market stated that Gem will continue to operate as its own company. That being said, many of Gem’s features are things that NFT traders have long asked OpenSea to add. As a result, OpenSea is integrating more and more Gem features into its marketplace.
Paid NFT Analytics Alternatives to Icy Tools
If you are looking for paid alternatives to icy tools, then you have plenty to choose from. NFT traders can choose from alert apps, aggregators, and alpha pools, but the following are the most popular for reliable NFT data:
Ninja Alerts
Ninjalerts is an easy to use NFT trading tracker for Ethereum. Just indicate which contracts or wallets you want to track, then relax with push notifications on your mobile devices and Google Chrome. Never miss a trade, even when you’re not trading.
nansen
Nansen is a blockchain analytics platform, combining on-chain data with a massive and ever-growing database containing millions of wallet tags. It is arguably one of the most respected, with the free NFT analysis tools being used often on NFT night by our own team. However, for the full experience, Nansen is also quite expensive.
Is Icy Tools worth it? Will I become an NFT millionaire?
If you are a full-time trader, it is definitely important to work with NFT data and statistics. Whichever platform you choose, including icy tools, will give you a better insight into the NFT market. While reviewing the data is important, sometimes the statistics can also be misleading. Some may argue that free alternatives to icy tools do less to bypass data from the wash trade. However, some will argue that the benefits of free NFT analysis tools far outweigh the negatives. Regardless of what you choose, you will never become an NFT millionaire without first evaluating the market and any of these tools can help you do just that, especially the icy tools!
For more information about the platform, see the icy tools official website and twitter account.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any type of investment.
