Hello Builders!
This proposal supports growth of Polkadot Relay & Parachains through on-chain growth insights about specific dApps and parachains, while increasing transparency for their teams & community.
The full discussion about the proposal and poll signals are available here. Initial poll signals:
Aye: 7 votes (100%)
Nay: 0 votes (0%)
The growth of the entire Polkadot ecosystem and individual parachains is related to dApps and wallet activity they bring into the ecosystem - users, TVL & fees.
Parachain teams currently lack a user-friendly growth tool that makes it easy to understand the condition of each of these metrics, which has been addressed several times by the community and W3F. In recent months, Tokenguard has conducted numerous interviews with Ecosystem & dApp builders:
"We would like to understand, from an aggregate (not individual) level, the activities our users do, and the patterns in their behavior. I.e. they may do regular token, defi, social or nft activity. We would also like to understand which on-chain activities are done manually vs automated using bots. Understanding the patterns can help us optimize the features of our software to streamline important use cases and provide a better user experience."
"We would like to understand new users. Where the users are coming from. How did the user fund their account. Correlation between users of different apps."
These and other answers revealed the problems and challenges of builders:
โ lack of knowledge of user conversion, engagement & churns,
โ lower TVL and funds inflow into the ecosystem,
โ lack of tool displaying data suitable for social media promotion,
Tokenguard proposes integration of three existing growth tools:
โ Ecosystem Growth Index for the Polkadot & Kusama Relay chains and 3 parachains with Smart Contract functionalities - Moonbeam, Astar & Vara.
โ dApp Growth Index for dApps deployed on the parachains.
โ dApp AI Insights for dApp builders and community to understand the most important events within their products.
Presented solutions will provide insights into the growth of individual parachains and dApps, improving the acquisition of new users and funds, and offering valuable insights for enhancing the retention of existing users.
The solution is ideal for promotional purposes and attracting the attention of new users to the ecosystem and dApps.
We value your feedback and are looking forward to support the ecosystem ๐ฅ
Threshold