Thred Technologies

About Thred Technologies

Thred is a blockchain commerce company that has developed a consumer-focused search and discovery platform for Non-Fungible Tokens (NFTs). The platform, founded by Ben Straley, aims to be a trusted third-party hub connecting digital asset creators with consumers. It launched in February 2023, offering machine learning-powered ratings and reviews to help users assess the value and trustworthiness of various digital assets, including art, music, and memorabilia.

The company's primary service allows consumers to search, read, and share reviews for any type of digital asset that can be traded as an NFT. When a user decides to acquire an NFT, Thred directs them to a verified marketplace to complete the transaction. This addresses a gap in the market for a platform where verified information on NFTs can be shared, incorporating data science and machine learning for accuracy. For merchants, Thred offers an embeddable, cross-platform NFT marketplace that supports credit card payments and does not require cryptocurrency. This service uses the Polygon blockchain. The company filed a patent for a system to determine the qualities of NFTs in June 2022.