Crypto data intelligence service Forkast Labs launches new series of NFT indices to track health of digital asset economy

The company’s main Forkast 500 NFT index aims to be ‘a proxy of the entire NFT market’. It will measure the real-time performance of NFTs across 21 blockchains including Ethereum, Solana, Polygon and Cardano. — SCMP

Forkast Labs, a new data intelligence service formed by the January merger of cryptocurrency news site Forkast.News and market tracker CryptoSlam, has launched a series of new non-fungible token (NFT) indices that aim to capture the health of the digital asset economy in real time, the company announced on Tuesday.

The company said its main Forkast 500 NFT index aims to be “a proxy of the entire NFT market”, measuring real-time performance across 21 blockchains including Ethereum, Solana, Polygon and Cardano.