Agent RANSACK acts as a watchdog that flags the spoofing transactions. Between the traders that manipulates both volume and price of the assets in the NFT ecosystem thereby protecting the platform (marketplace’s) market mining. - Wash trading is a process whereby a trader buys and sells a security for the express purpose of feeding misleading information to the market. - Wash trading and ill-intentioned behaviours are the leading problems deterring new users from entering the NFT ecosystem. - The most impactful way to strengthen the NFT platform is with wash-trade detection and flagging models because Collectors and Traders are unable to make informed decisions. We are building a detailed knowledge graph of the complete NFT transaction history including transfers, wallet addresses, and reward token distributions.

Agent Ransack showcase

How it's made

- Built the knowledge graph of all the NFT transactions. - Identified multiple (wash trading) patterns within the transactions. - Extracted the wallet addresses associated with those transactions. - Flagged them as suspicious, thereby preventing the marketplace's rewards mining system from sending the rewards to those wallets. - Designed query patterns from scratch and built web application using Streamlit

Technologies used

ChainlinkCovalentETH2IPFSThe Graph