UnMarshal

Project Overview

UnMarshal is a multi-chain DeFi data indexing solution that aims to provide decoded blockchain data across multiple networks. The MARSH token serves as the native utility token of the UnMarshal ecosystem, used for governance and accessing data services.

Intended Purpose

The primary purpose of UnMarshal is to provide developers and projects with easy access to decoded blockchain data across multiple chains. The MARSH token is required to access these data services and participate in platform governance.

Business Model & Utility

The platform offers data indexing services that help developers and projects access blockchain data more efficiently. Users need to stake MARSH tokens to access premium features and higher API limits. This creates a legitimate utility case for the token within the ecosystem.

Development Activity & Adoption

The project maintains active development, with regular updates to their API services and infrastructure. They support multiple blockchains including Ethereum, Binance Smart Chain, and Polygon. While adoption metrics are modest, there is evidence of real usage by blockchain developers and projects.

Token Distribution

The token distribution includes allocations for the team, development, and community. While specific details about vesting schedules are not prominently disclosed, the token serves a clear utility purpose within the ecosystem.