Web3 questing platforms have the ability to drive serious volume to blockchain platforms. They offer simple quests, with onchain attestations and bonuses to users, while boosting metrics for protocols and introducing potential users to their ecosystems.
The above example shows the metrics for the OP Superchain ecosysem.
- Over $2 Million USD of Fees! (Not just inflated TVL)
- Over 16 million transactions from ~656k users
Overall Layer3, the featured questing platform, claim to have over 1 million users across 25 blockchains and have issued over 3.1 million credentials. There are likely some sybils in the mix, but proof of attention with varied quests over time, and a real cost attributed to minting these credentials limits the growth of fake users.
These quests are great for driving onchain activity, I can't help but wonder; Are there ways we can use these flywheels beyond the web3 bubble?
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Just because you can buy something, doesn't mean you should.
Sharing facts, stats and musings on the emerging crypto economy.
Web3 questing platforms have the ability to drive serious volume to blockchain platforms. They offer simple quests, with onchain attestations and bonuses to users, while boosting metrics for protocols and introducing potential users to their ecosystems.
The above example shows the metrics for the OP Superchain ecosysem.
- Over $2 Million USD of Fees! (Not just inflated TVL)
- Over 16 million transactions from ~656k users
Overall Layer3, the featured questing platform, claim to have over 1 million users across 25 blockchains and have issued over 3.1 million credentials. There are likely some sybils in the mix, but proof of attention with varied quests over time, and a real cost attributed to minting these credentials limits the growth of fake users.
These quests are great for driving onchain activity, I can't help but wonder; Are there ways we can use these flywheels beyond the web3 bubble?
NuconomistMemecoin Capitulation
How I Learned to Stop Worrying and Love the Memes
NuconomistIntroducing SmartDrop: A Proposed Reputation Layer for Airdrops
Smarter onchain signals for the next era of airdrops.
NuconomistWhen Should You Buy An Existing Farcaster Account?
Just because you can buy something, doesn't mean you should.
Sharing facts, stats and musings on the emerging crypto economy.
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Web3 questing platforms like @layer3xyz have the ability to drive serious volume to blockchain platforms. They offer many benefits in a single package. Can we use them for more? https://paragraph.xyz/@nuconomist/web3-quests-layer3
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Web3 questing platforms like @layer3xyz have the ability to drive serious volume to blockchain platforms. They offer many benefits in a single package. Can we use them for more? https://paragraph.xyz/@nuconomist/web3-quests-layer3