NFT management application, Floor on Monday announced it acquired the NFT data platform, WGMI.io. Floor, which enables users to view and track their NFT portfolios, will now add more capabilities with the acquisition. This includes the ability to view the floor, as well as, trading volumes of their assets. Here’s all you need to know about the floor’s WGMI.io acquisition.
About Floor acquiring WGMI.io
In the coming month, Floor will integrate some of WGMI.io’s deep analytics features into its platform. The new shared platform will have all-new features, including trait-floor pricing. Besides, it will also feature content from Floor’s content platform. In addition, the acquisition will also expand WGMI.io’s reach to over 10,000 users, Floor stated in a press release.
“WGMI and Floor shared a core mission to make NFTs understandable as a gateway to web3 for millions, each building on different platforms, with different user focuses,” said Chris Maddern, Floor’s co-founder. “Together we’ll be able to realize that mission of making web3 simple & understandable with an unrivaled set of capabilities, scale of users and focus of purpose. I’m incredibly excited to welcome WGMI to the Floor family.”
What will happen to WGMI.io?
WGMI.io will continue to run but with enhanced efficiency and performance. Current WGMI NFT holders will also get access to all the features at no additional cost. Floor has already airdropped Floor App invites to the NFT holders. Conversely, Floor genesis token holders can access WGMI through its website.
However, the WGMI community Discord will merge with the Floor Discord in the near future. But, there will be dedicated channels for WGMI topics. To reiterate, while WGMI.io and Floor will share several features and code, they will remain separate products.