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Thred, an NFT-focused startup has launched to help users discover new NFT collections.
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The company is founded by Mike Straley, a digital product and customer experience leader with over 25 years of experience.
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Thred's platform uses automated machine learning and algorithms to rank NFT collections on Ethereum and Polygon blockchains.
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The platform then ranks the desirability of each NFT collection and combines it with collector, consumer, and community content.
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Users can search, read and share reviews of any NFT collection to help buyers understand the collections better.
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Thred is currently compatible with Ethereum and Polygon-based NFT collections.
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The company plans to expand to other chains like Bitcoin and Solana in the future.
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Thred's platform aims to help users identify trustworthy and reliable NFT collections.
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The NFT market is showing signs of life.
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Mike Straley previously held leadership roles at Amazon and Starbucks.