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title: TribeANALYTICS

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*Decentribe White Paper*

![](https://i.imgur.com/gXZFjId.png)

# TribeANALYTICS

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*TribeANALYTICS Development Status: 2% Complete*
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According to [NonFungible.com](https://NonFungible.com), as of September 2019, the total marketcap for non-fungible tokens (NFTs) was estimated at about $100 million. And, the potential value of NFTs is slated to grow with entertainment, gaming and other players looking closely at issuing their own crypto collectibles.

Given this activity, and the growing value of the global NFT market, we think NFTs have the potential to become a powerful financial asset. 

As in-game economies grow, NFTs could be used as collateral for loans, new derivatives could be created allowing players to make bets on the future health of robust in-game economies (based on NFT sale volume) and more.

Currently, while resources such as NonFungible.com are providing highly useful data about the growing NFT market, there is still limited reliable information about this fast-moving arena. 

This is partly because projects are using a range of techniques to issue NFTs. Also, some trading activity is moving to ETH sidechains such as Loom, or even other blockchains. For example, in 2020 Dapper Lab's new [Flow](https://www.withflow.org/) project, will launch. It is specifically designed to provide faster transaction times and easier transfer of assets between game worlds. 


For the NFT market to mature, there needs to be more reliable data about it such as average prices, sales volume and other important information, which is needed to develop NFT-based DeFi products. 

To solve this issue we will develop TribeANALYTICS, a decentralized NFT market intelligence platform that will provide investors, traders, players and others with the data they need to to better understand the market and provide common reference points for the global NFT market's health, future prospects and scope. In the future TribeANALYTICS could become the backbone for NFT market financial products, such as futures, derivatives and lending.

We plan to investigate the technologies and techniques required for TribeANALYTICS and provide more information about our plans for this data solution in late 2020. 

[Next: The Decentribe Dual-Token System](/@decentribeTEAM/SkBhnCtIH)

[Back to White Paper Table of Contents](https://hackmd.io/@decentribeTEAM/Decentribe_Whitepaper)