BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
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The Weekly Hop is a newsletter covering the leaders behind RabbitHole, a platform onboarding the next million users into crypto while training and connecting them to work opportunities in DAOs.
Since the launch of RabbitHole, the core team has been responsible for creating quests to guide users through various tasks in understanding crypto. This process includes: creating content, submitting proposals for what tasks should be included, developing queries to track completions, and designing NFTs as additional rewards.
We're now starting to decentralize the ownership of these workflows so that dedicated community members can be a part of the creation process. That means that outside contributors can start having a say on how users are being onboarded into crypto through the existing infrastructure that RabbitHole built. These individuals are called Pathfinders.
Why Pathfinders?
The crypto rabbit hole is a jungle of noise filled with treasure. On the surface, it looks like price headlines, hacks, and penguin jpegs. But as you dive deeper, you realize it’s much more than that – it’s a portal into an entirely new world. A place to form your own digital identity, create with the promise of true ownership, and collectively build a new digital landscape. This was the original vision for the Internet.
Yet, this new world isn’t easy to navigate. There aren’t clear pathways. After all, the rabbit hole isn’t designed to be easy to understand – it’s designed to be our future. A place where we can all collectively create - and own - a piece of this future. But to create this digital world, we need leaders who will step up and illuminate a path forward.
Pathfinders are the guiding lights in the jungle.
Pathfinders blaze the trail for new participants and users to this new world. And when they illuminate the correct path for the masses, a new digital world will arise and the process of entering will be easy for any who wishes to enter.
Meet The Pioneers
We've already started working with an initial list of Pathfinders to create guides for RabbitHole users to complete tasks. They're called Pioneers. You can see all the guides published by Pioneers on the Pathfinders RabbitHole Publication
Here's the way it works:
Pathfinders decide which tasks are the highest priority
RabbitHole funds bounties to create the content for each task
RabbitHole pays it out by buying an edition of the content on Mirror for 0.1 ETH
In the first two weeks, there have been 14 guides published, and pathfinders have made +$7,500 from NFT edition sales. Pioneers are on a mission to create content for every single on-chain task, generating a library of resources to guide users through their journey.
In the near future, we’ll be launching the other roles of Pathfinder including:
Craftsmen (creating NFTs to be used in quests and marketing assets)
Stewards (creating quests & proposals to DAOs to bring in quests to RabbitHole)
Navigators (creating subgraphs & queries to track on-chain interactions at scale)
This is the time to step up if you're interested in onboarding the next wave of participants into the crypto ecosystem.
If you're interested in applying for the Pathfinder Program, feel free to reach out to @chasechapman or @flynnjamm.
Until next week!
The Weekly Hop is a newsletter covering the leaders behind RabbitHole, a platform onboarding the next million users into crypto while training and connecting them to work opportunities in DAOs.
Since the launch of RabbitHole, the core team has been responsible for creating quests to guide users through various tasks in understanding crypto. This process includes: creating content, submitting proposals for what tasks should be included, developing queries to track completions, and designing NFTs as additional rewards.
We're now starting to decentralize the ownership of these workflows so that dedicated community members can be a part of the creation process. That means that outside contributors can start having a say on how users are being onboarded into crypto through the existing infrastructure that RabbitHole built. These individuals are called Pathfinders.
Why Pathfinders?
The crypto rabbit hole is a jungle of noise filled with treasure. On the surface, it looks like price headlines, hacks, and penguin jpegs. But as you dive deeper, you realize it’s much more than that – it’s a portal into an entirely new world. A place to form your own digital identity, create with the promise of true ownership, and collectively build a new digital landscape. This was the original vision for the Internet.
Yet, this new world isn’t easy to navigate. There aren’t clear pathways. After all, the rabbit hole isn’t designed to be easy to understand – it’s designed to be our future. A place where we can all collectively create - and own - a piece of this future. But to create this digital world, we need leaders who will step up and illuminate a path forward.
Pathfinders are the guiding lights in the jungle.
Pathfinders blaze the trail for new participants and users to this new world. And when they illuminate the correct path for the masses, a new digital world will arise and the process of entering will be easy for any who wishes to enter.
Meet The Pioneers
We've already started working with an initial list of Pathfinders to create guides for RabbitHole users to complete tasks. They're called Pioneers. You can see all the guides published by Pioneers on the Pathfinders RabbitHole Publication
Here's the way it works:
Pathfinders decide which tasks are the highest priority
RabbitHole funds bounties to create the content for each task
RabbitHole pays it out by buying an edition of the content on Mirror for 0.1 ETH
In the first two weeks, there have been 14 guides published, and pathfinders have made +$7,500 from NFT edition sales. Pioneers are on a mission to create content for every single on-chain task, generating a library of resources to guide users through their journey.
In the near future, we’ll be launching the other roles of Pathfinder including:
Craftsmen (creating NFTs to be used in quests and marketing assets)
Stewards (creating quests & proposals to DAOs to bring in quests to RabbitHole)
Navigators (creating subgraphs & queries to track on-chain interactions at scale)
This is the time to step up if you're interested in onboarding the next wave of participants into the crypto ecosystem.
If you're interested in applying for the Pathfinder Program, feel free to reach out to @chasechapman or @flynnjamm.
Until next week!
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