Skytale is a DeFi curated ledger to consolidate on-chain activities into one single view and to prevent fraud by flagging transactions and preparing critical data for tax reporting. With data aggregated from an extensive and expanding list of supported networks and protocols, Skytale enables anyone to make more informed decisions about their investments and to be alerted to potential scams in the DeFi and NFT space. Skytale services are available either via a browser dashboard or else via an API that allows you to build custom white label solutions on top.
More in detail, Skytale:
There are other players offering a tracking solution such as Zapper, Zerion and Debank. Also Cryptio and Gilded offer an accounting and bookkeeping tool. However, nobody has a combined solution able to offer an analytics tool together with an accounting and bookkeeping solution.
If we compare the value proposition of Skytale with Zapper, we notice that:
| Feature | Skytale | Zapper | User journey |
|---|---|---|---|
| Transactions Filtering | wide range of filters (date, transaction types, network, wallet address, exchange, tag) to be combined together 👍🏿 | It offers a generic search bar 😕 | Combined search by date range, transaction types and network |
| Transactions Tagging | add multiple standard or custom tags to any transactions and search by them 👍🏿 | Not supported ☹️ | Tag two transactions from different networks as “travel” and search by that |
| Transactions Drill down | explorer deep links regardless of the chain network of transaction, sender and receiver 👍🏿 | Not supported ☹️ | Get the explorer deep link of transactions, sender and receiver |
| Scam alert | filter out scam tokens automatically detected by a machine-learning classification engine👍🏿 | Not supported ☹️ | get informed if any scam token or malicious attack has been received |
| Webhooks | Don’t call us, we call you back. Configurable webhook area to get notified of any on-chain and off-chain activity👍🏿 | Not supported ☹️ | receive a notification on Discord or Slack channel about any incoming or outgoing transaction that happened in the last hour. |
| Quickbooks | Integrate with an already existing QBO account👍🏿 | Not supported ☹️ | cherry-pick your transactions to add them as journal entries to your bookkeeping tool and get your accountant updated. |
We are glad to apply for a Balanced grant proposing our Asset Tracker connected with Balanced pools.
<aside> 🏃🏼♀️ As a hypothetical user journey, a user accesses skytale.finance by sharing their metamask public wallet or their email, registers their wallets, tracks and tags their transactions, checks their balance and imports their transactions in Quickbooks in a frictionless way.
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