Crypto APIs Rolls Out Endpoint Updates for NFTs

1 week ago

Crypto APIs Rolls Out Endpoint Updates for NFTs Ethereum Updates WaaS

Crypto APIs recently implemented updates to three of its Wallet as Service endpoints to include a range of functionalities for non-fungible tokens (NFTs). This provides customers with an overview of the digital assets ecosystem and the state of transactions with NFTs.

Using our robust unified endpoints Crypto APIs’ customers can obtain various data such as the name of the token, along with its specific identifier, its confirmed amount, unique token ID, and more. 

The following informative endpoints have been given the NFT treatment:

  • List Deposit Addresses: This endpoint provides access to unified data on deposit addresses with NFTs. The response includes the specific token identifier, name, symbol, type and unique ID.
  • Get Wallet Asset Details: Using this API you can obtain detailed information on all assets in a particular wallet, including NFTs. The returned data includes the specific token identifier (propertyId or contract), NFT symbol, unique token ID, and token type.
  • List Wallet Transactions: Through this endpoint, customers can list data on transactions with NFTs to and from their wallet, including converted amount value, exchange rate unit, sender and recipient addresses, token type and symbol, unique id, and more.

The endpoint updates reflect the steadily increasing number of fungible tokens and the rising popularity of NFTs. If you’ve been living under a rock for the past two years (during which the NFT market has grown tenfold) and aren’t sure what an NFT is, let us explain.

NFT stands for non-fungible token. It is a cryptographic token built on Ethereum that represents something unique, like a piece of artwork or music, for example. 

The most important thing about NFTs is their uniqueness. For example, if you own a Bitcoin, and I own a Bitcoin, they have the same value. But no two NFTs are alike, and that is where their value comes from. 

As we move forward into the new year, we are planning to add further support for NFTs to ensure customers always have the most useful tools and data to build and scale into Web 3.0. 

Stay tuned!


Author
Team Crypto APIs