Inspect

Inspect (INSP) is a Layer 2 network innovation built for X (Twitter), functioning as a SocialFi protocol that allows users to explore crypto and NFTs through their social media ecosystem. It serves as a real-time data and analysis tool, providing users with insights into crypto projects and NFTs.

Inspect's native token, INSP, has a maximum supply of 1 billion tokens. Initially, the token was launched at $0.20 and reached a high of $0.32 before gradually dropping to $0.19. The token allocation heavily favors investors and the core team, which could lead to selling pressure and potential price drops if not matched by strong demand.

The token's price has fluctuated over time. In the past 24 hours, the crypto has increased by $0.0006 in its current value. For the last 7 days, INSP has been in a good upward trend, increasing by 0.88%. During the last month, the price of INSP has increased by 47.31%, adding a colossal average amount of $0.03 to its current value.

Inspect's tools and features include real-time on-chain insights for tokens, NFTs, and traders, a comprehensive portfolio view, simplified NFT investment tracking, and AI-powered tools analyzing social influence and transaction histories. The platform aims to create a dynamic space for users where social networks can be integrated with crypto, reshaping the dynamics of interaction between crypto and social media platforms like X.

The token's utility includes processing transaction fees, staking for validator nodes, governance voting, and use as currency for subscriptions, ads, and API fees. Additionally, staking INSP tokens provides benefits such as fee discounts, access to hidden data, and whitelist eligibility.

Inspect's strong competitors include Arkham (ARKM) and Alpha Scan (ASCN), which also provide data and insights but through different platforms and methods.

Inspect (INSP) is a cryptocurrency designed to facilitate Web3 social intelligence. It operates as the native token within its ecosystem, which is built as the inaugural layer 2 infrastructure for X. This infrastructure provides users with access to various tools and resources that offer valuable insights and essential functionalities for navigating the cryptocurrency and NFT realms.

1. Layer 2 Infrastructure:

   • Inspect is built on top of X, providing users with a range of tools and resources to enhance their market analysis capabilities and comprehension of social movements within the crypto domain.

2. Native Token:

   • The INSP token serves multiple purposes within the ecosystem. It processes transaction fees, data storage costs, and participates in the operation of validator nodes through staking. Additionally, it has governance voting rights and can be used as a currency for subscriptions, ads, and API fees.

3. Staking Benefits:

• Users who stake their INSP tokens receive benefits such as fee discounts, access to hidden data, whitelist eligibility, and more.

4. Buyback and Burn Mechanisms:

   • The project plans to utilize revenue from project listings, add protocols, and aggregator fees to implement buyback and burn mechanisms, which can help maintain token value.

5. Real-Time Analytics:

   • Inspect provides real-time analytics, which is crucial for understanding social media movements and their impact on the markets. This feature is particularly useful for investors seeking to make informed decisions.

6. Tools and Resources:

• The platform houses a curated array of tools that empower users to make more informed decisions within the crypto and NFT spaces. These tools include premium features for monitoring crypto wallet data, offering profound insights into market trends and social movements.

Inspect can be bought through various exchanges, including decentralized exchanges (DEXs) and centralized exchanges like KuCoin. To purchase INSP, users typically need to follow these steps:

1. Create an Account:

   • Register on a supported exchange, such as KuCoin, and secure the account with necessary verification steps.

2. Add a Payment Method:

   • Add a payment method to the exchange account to facilitate the purchase of INSP.

3. Buy INSP:

• Use the added payment method to buy INSP tokens on the exchange.

4. Store INSP:
   • Store the purchased INSP tokens in a non-custodial wallet or the exchange's own wallet for safekeeping.

Before investing in Inspect (INSP), it is essential to carefully consider the associated risks and market volatility. Cryptocurrency prices can fluctuate significantly, and investors should only invest in products they are familiar with and understand the risks involved. It is also recommended to consult with a financial advisor before making any significant investment decisions.

The token Inspect (INSP) has several strengths that contribute to its utility and value within the Inspect ecosystem.

One of the primary strengths of INSP is its multifaceted nature. It serves as a governance token, allowing holders to vote on proposals and decisions concerning the ecosystem. This empowers users to participate in the development and direction of the project, fostering a sense of community and ownership.

Another significant strength is its role in facilitating various transactions and activities within the ecosystem. INSP is used to pay API fees, purchase advertisements, and make subscription payments. Additionally, staking INSP tokens provides users with discounts, access to more data, and whitelisting for new products.

The token's utility is further enhanced by its use as an incentive mechanism. It promotes desirable community behaviors and actions, which in turn drives the growth and success of the Inspect ecosystem.

Furthermore, the token's supply is designed to decrease over time due to a buyback program and burn mechanism, which can help maintain a stable and potentially increasing value.

Lastly, the token's integration with the X platform (Twitter) and its ability to provide real-time analysis of crypto and NFT data make it a valuable tool for users seeking insights into the crypto world.

Inspect (INSP) is a cryptocurrency that has been evaluated for its financial risks. According to InvestorsObserver, INSP has a low risk score, indicating that it is a relatively low-risk investment. This score is based on factors such as the amount of money required to move the price over a 24-hour period, changes in volume, and market capitalization. The proprietary scoring system calculates the risk level on a scale of 0 to 100, with low values representing high risk and high scores indicating low risk.

• Inspect Team Members:
  • Oleg Mijovic
  • Dan Guevara
  • Ryan Godson
  • Ryan Markstrom