Blockchain technology company JVH Technology Inc. has recently taken ownership of web-based app and browser extension NFT Inspect, continuing their mission to push the adoption of NFTs despite the bear market. An announcement was made on Monday and teased in a tweet.

The social intelligence platform has over 100,000 users and is a significant part of the Web3 and NFT space. Allan Satim, Head of Business at JVH, commented, “We are delighted to have obtained such an outstanding and popular Web3 project. NFT Inspect has already built an impressive community, and we plan to add more resources while emphasizing community engagement and the fundamentals of Web3.”

Satim further stated that NFT Inspect is a major player in the NFT and SocialFi ecosystem, and the acquisition is an excellent opportunity for expansion. JVH intends to integrate other crypto, SocialFi, and Web3 services, offering new income-generating prospects and providing more value to the community.

Co-founders Evan King and Stefan Mai have chosen to pursue other interests in the industry and have left the project.