Is there a limit to what you can do with the Vezgo API? What Vezgo API use cases would your project perfectly fit into?
First, the Problem.
As a Web3 developer, have you ever had the need to access your users’ portfolio data from your own platform? Do you want to be able to access their transaction details, and crypto wallet holdings for use in various scenarios within your platform?
But just before you set out to develop this feature, you imagine the insane amount of stress you would be sentencing yourself to. There are just so many crypto wallets and exchanges. The number of tokens and blockchains are also skyrocketing by the second.
Well, this is a common issue among crypto and web3 developers. The crypto ecosystem is dauntingly fragmented, and getting your customers’ data from the ever-increasing and diverse platforms poses a significant challenge. They’re a challenge to your objectives of seamlessly tracking their wealth, managing portfolios, protecting assets, and navigating the ever-evolving financial landscape while complying with prevailing financial laws and regulations.
Fortunately, there’s Vezgo API.
Vezgo API: What is it?
Vezgo is a one-stop solution to any integration challenges you may have encountered. Our API aptly unifies the many fragments of the crypto ecosystem, autonomously retrieving your clients’ financial data across various platforms.
Our API is a crypto portfolio data aggregator that helps you track and gather your users’ entire Web3 portfolios across over 300 exchanges, wallets, blockchain, DApps, and NFTs.
The rest of this piece thoroughly unravels the use cases of the Vezgo API for achieving different objectives.
Top 10 Vezgo API Use Cases
Let’s take a closer look at the top Vezgo API use cases and how you can use the API to tackle the integration challenges of your client’s data.
1. Portfolio Trackers / Wealth Trackers For Individuals
Let’s be honest, who wants to go through the rigors of manually tracking and calculating personal finances anymore? Understandably, that’s why you want to create a solution that helps everyone track their portfolios from just one place.
Vezgo API helps your client monitor their crypto assets in real time. Integrating our API with your application allows your clients to seamlessly connect to various accounts, investment portfolios, and cryptocurrency wallets. This way, they have deep and broad insight into their financial status, investment performances, and overall net worth.
The insight and information gathered from tracking their wealth and portfolio can help them to make informed decisions and work more efficiently towards achieving their financial and crypto-related goals.
Wealthica is a perfect example of a company that already uses Vezgo to track portfolios.
2. Treasury Trackers for Businesses (Portfolio Management Systems)
Do you have business clients, especially those involved with multiple crypto instruments, investments, and transactions? They’ll greatly benefit from your using the Vezgo API as your treasury tracker for their companies.
Integrating our API with your application allows business clients to manage their portfolio systems efficiently. They can effectively streamline their asset flow management, automate their financial reporting, and have a comprehensive view of their financial status.
Essentially, the Vezgo API helps eliminate the struggle and additional cost of concessioning this activity to third-party platforms, allowing them to focus on other business objectives and targets.
We have worked with Nuant and Multis in achieving this goal for their business clientele.
3. Compliance (Tracking Accounts and Wallets and Making Sure They’re Safe)
Understandably, compliance with extant financial laws and regulations is a crucial issue within the crypto ecosystem for individuals and businesses alike. And with eagle-eyed regulatory bodies scouting for scapegoats who aren’t compliant, there’s the need for individuals and businesses dabbling with the industry to make sure that their tracks are clean.
Where Vezgo API comes in is that it helps you gather relevant crypto holdings and transaction data from your clients, making it easy for you to track and analyze every crypto movement from its source.
4. Crypto Insurance
Whether the application you are building renders centralized or decentralized cryptocurrency services, there remains a vacuum that malicious and fraudulent entities can exploit. When this happens, someone or some business somewhere will bear the consequences.
To forestall such circumstances, having a crypto insurance system for your clients is pertinent. And Vezgo API plays a pivotal role here.
With the Vezgo API, Crypto insurance companies can easily track their clients’ investments across various platforms, making it easy to spot fraudulent activities.
A safer ecosystem gives your individual and business clientele peace of mind to continue to adopt your digital solutions.
5. Web3 Gaming
Undoubtedly, blockchain technology has enabled Web3 gaming to blossom in the gaming industry. If you have considered building a Web3 gaming platform to milk this evolving industry, you will undoubtedly find the Vezgo API very useful in this case.
Managing and tracking NFTs in diverse gaming portfolios can become overwhelming. If your clients have invested in different NFTs across various gaming platforms, Vezgo API can help fetch all their NFT data into a centralized portfolio tracker.
In essence, they can see all their NFTs in one place, reducing the need to login into multiple platforms. And you can also track all your NFTs across various user platforms.
6. Tax Software
Tax season is a period that most likely sends shivers down the spine of many. Integrating the Vezgo API into your tax software can act as a bridge between various financial organizations, allowing them to securely access and consolidate income data, expenses, and investments, leaving no financial stone unturned. This also dramatically improves clients’ tax information accuracy and update, saving them unnecessary headaches and embarrassment from tax compliance institutions.
Our API also helps in tax calculations that reveal the balance of tax payments. With this, clients know what they owe or are owed. Awaken, and MoneyViz are some platforms that have taken advantage of our API to deploy efficient tax software.
7. Accounting Software
By integrating our API into your accounting software, your clients can bid goodbye to chasing down receipts or juggling spreadsheets. Vezgo API is a trusted sidekick to your accounting software, enabling seamless interactions between different platforms.
Our API works behind the scenes in gathering relevant data from crypto exchanges, accounts, and wallets, bringing them all in one place. With the API in action, your accounting software is indeed a data giant that automatically groups transactions, tracks expenses, and generates insightful reports in real time.
This implies that clients can quickly validate the flow of their assets and make informed decisions when needed. Vezgo API can also increase the accuracy of your accounting software and secure investments, helping you avoid the hassles and risks of an inadequate accounting system.
8. Web3 Credit Scoring
Conventional credit scoring methods can exclude some of your deserving clients. You can increase inclusiveness by leveraging the Web3 credit scoring.
With this, our API fetches users’ data from decentralized financial platforms and other blockchain networks for your platform. The API considers alternative data points such as smart contract interactions, token holdings, and on-chain transaction history for scoring the creditworthiness of your users. Consider it a more objective way to help your clients access loans, investments, and other financial services.
9. Social Investing
“Two heads are better than one,” goes the saying. There lies the core value of social investing. When two or more investors have a common platform to engage one another and share insights on profitable investment opportunities, they achieve better results together.
Our API can help bring users with similar investment objectives together for social interactions.
10. Lending
Vezgo API can help streamline loan application and approval processes by connecting borrowers with lenders in real-time, improving the speed of the entire process. Integrating the API into your platform gives lenders and borrowers requisite data points for fairer loan deals and improved risk assessment and management.
Vezgo API: The Indispensable API For Any Web3 Product!
The Vezgo API provides individuals and businesses with powerful tools to manage their wealth, comply with regulations, protect assets, and navigate the complex crypto ecosystem. From individual investors tracking their net worth to businesses optimizing their portfolios, our API gives developers unprecedented efficiency and reliability. We are constantly in tune with the evolving crypto ecosystem to shape the future of crypto finance, making our API more accessible and secure for our clients.
And if you take sides with us, you’ll have access to our boundless integrations, reaching clients from all over the world across any platform!
Contact us to get your Vezgo API key now!
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