Introduction:
In today's fast-paced world, data-driven decisions are paramount to the success and sustainability of any platform or organization. Recognizing the power of data and analytics, we have developed a deep dive dashboard for the Metrics App, the innovative application you are currently using. This dashboard is designed to present a clear and concise view of the various performance metrics, providing you with a dynamic tool for tracking, understanding, and leveraging data in a meaningful way.
At the heart of this dashboard are the core Key Performance Indicators (KPIs) which serve as a quantitative measure of the Metrics App's overall effectiveness and growth. The KPIs you will find here include: the number of unique analysts, number of unique reviewers, number of active analysts over Month-on-Month (MoM) and Week-on-Week (WoW) periods, number of challenges initiated on a WoW and MoM basis, and the amount of funds paid out on a MoM basis.
To broaden the analysis and provide additional insights, we also include the core KPIs of MetricsDAO for Season 4. These include xMETRIC holders, both cumulative and month-to-date, active analysts (cumulative and month-to-date), total spent per month, and the total number of xMetric holders and challenges launched.
The intention behind this data-rich exploration is to empower users, stakeholders, and developers alike with comprehensive and actionable insights into the performance of the Metrics App. By providing a holistic view of these KPIs, we aim to help you understand trends, identify areas of improvement, and make informed decisions that contribute to the future success of the platform.
Definitions:
What is MetricsDAO?
Metrics DAO is a community of Web3 data analysts who provide blockchain projects with on-demand data insights and tooling. Our 3 step process allows us to tap hundreds of talented analysts with the speed and flexibility this space needs to succeed.
What is xMetric?
xMETRIC tokens** are a beta version of MetricsDAO’s future $METRIC token. Think of it as monopoly money that allows us to test parts of our protocol design – with your help.
Your participation in our analytics challenges will help us test the key actions that community members are meant to take in order to deliver on demand analytics in near real time. As you complete certain actions you’ll earn xMETRIC, which will not only record your early contributions on-chain, but also unlock other gated actions you can take.
Try Quests to earn crypto