EdgeIn Merges with Xade Finance to Launch AI-powered Web3 Data Products 

We’ve covered Redg Snodgrass a few times over his career, with the most recent coverage taking a look at his platform to replace Crunchbase or Linkedin. He’s a seasoned Silicon Valley entrepreneur with a solid reputation for supporting builders and getting into the bleeding edge of new, emerging, and often turbulent markets. 

Redg and his team are always into something. Mobile dating in 2007, big telecom, experimenting with social in 2012, and launching a wearable IoT ecosystem in 2013. Here, we cover CitizenGrown, one of his startups with Raekwon.

Two years ago, when he spoke about EdgeIn as a new way for builders to connect, we were keen to follow up and see how things unfolded. Today, EdgeIn has made some killer announcements around growth, data, and AI, where they’ve merged with AI DeFi company Xade and its core Web3 and AI talent. As part of this catchup, Redg and his team have announced their new vision of a “Super App” to manage Web3 market data, business graphs, and finances on one platform with their AI Agent. 

What’s Happened?

The team has launched EdgeIn 2.0, churning 100M Web3 data points. It also boasts a community of over 1M pageviews as of December 20th, with 200,000 monthly active users in Web3, along with a DeFi AI agent. Their recent merger with Xade, which has over $20M in transaction volume, marries a deep Web2 founder to a core degen Web3 founder.

Redg Snodgrass remarked, “Harshal and the Xade team are the missing puzzle piece. We are building a product so the next generation of builders isn’t bowing the knee to centralized platforms who only look out for their board and 5% of their investors, like Messari, Pitchbook, Crunchbase. Your data, your network, and your finances are all too important to leave to a few centralized conglomerates to manage. This should belong to the community. This power dynamic changes at launch, January 20th.”

Today, users can sign up, claim a profile, and share information about their company in exchange for points and free access to companies, investors, events, news, and the people in Web3. They already boast of early customers like Circle. The platform has simple, useful lists based on locations and tags, as well as a search function that allows users to quickly find who or what they need in Web3. It’s simple, and it has been fun watching their iterations over the last year. 

When it comes to the future vision of the product, Harshal Madnani, now heading product for EdgeIn and Xade, said this: “The Xade team brings in the fast and smart execution of our young native Web3 team to the experienced web2 team of EdgeIn. Together, we are pushing to build out data products for builders with EdgeIn and for retail traders with Xade.”

The team is set on refining the data sets with the community similar to LinkedIn, with a focus on data autonomy and shared upside with contributors to the network similar to Kaito Yaps or Friend.tech and launching an AI agent for retail traders.

EdgeIn twits is the use of AI to allow an entire community to share, clean up, and enrich their data silo, in exchange for points. I’m looking forward to learning more, testing out their AI tools, and seeing what the future holds for these two founders.

If you want to see a sample profile page, you can check out my profile here.

Good luck to them, and good luck for their mission. Web3 needs to create products like a better LinkedIn for the masses or a better Pitchbook for the community.