Say you have some Bitcoin you are interested in tracking. You’ll notice that Blockfolio doesn’t store cryptocurrency itself, but instead operates as a monitoring tool which lets you create your own selection of currencies you want to track. The app itself can be downloaded from the Android/iOS stores and installed on corresponding devices. This feature, while quite useful and operational, isn’t that unique in the crypto portfolio tracker market, as there are other projects that have implemented it as well. The idea is to have these updates pop up on people’s phones in the form of push notifications, which the user can click on and check out in more detail if he so desires. While Blockfolio operates as your typical stat tracking application, their “unique” pitch is the signal feature which allows the teams behind cryptocurrencies to release updates directly to Blockfolio users. Looking at the investors’ response, it seems like they made the right call.

How does Blockfolio make money? To the founders’ credit, they decided to collect money by doing a funding round instead of advertising ICO’s and yet-to-be-confirmed-as-legit projects on the Blockfolio platform, even though that meant they would miss out on some serious financial revenue.īlockfolio people felt that this was an important part of their project’s identity as it clearly shows their intention not to be tied to scams and quick money making schemes. Ultimately the vision behind the Blockfolio project impressed a wide number of reputable investors, with entities such as Pantera Capital, Nirvana Capital, Chapter One, Danhua Capital, DCM Ventures, Abstract Ventures, Mayfield, Pathfinder, BitMEX and Huobi giving the project $11.5 million worth of capital investment back in 2018.

Should I Use Blockfolio? Is Blockfolio safe?Ĭryptocurrency portfolio tracking mobile application Blockfolio came to life back in 2014, when a group of Dash coin early investors joined forces to create a service that would give them the ability to keep track of their holdings.Ī one-stop-shop to check out one coin’s price, market information and development updates was definitely something that the crypto community needed, and said group of individuals (led by the current Blockfolio CEO Ed Moncada and UX expert Charlie Mason) decided to fulfill that need.

Blockfolio app desktop