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Ben | 0443.eth
@novesben
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Better Blockchain Data @noves_fi
Nevada
Joined October 2022
RT @matchain_io: ⭐ @Noves_fi x Matchain: Advanced Transaction Tools! We're thrilled to announce that @Noves_fi is now live and integrated…
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It's so strange how the X algo just loses its mind sometimes. Everything will be totally normal and then suddenly my entire feed (literally) is @base and @jessepollak. Black magic.
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This goes to what I was saying about needing to know something about the address to have it mean anything. < $10 of lifetime volume is probably about the same as not existing for almost anything you'd care to measure. Even that is context dependent I guess as a gaming focused chain like @XAI_GAMES might have users with tons of transactions that are quite engaged, but extremely low $ value. So in that situation you'd need a totally different filter. And that brings us back around to the point that comparing simplistic metrics between chains isn't all that useful. And we need better metrics. Blockchain data sucks!
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@fozzydiablo I am bullish on people continuing to throw their money away on clear grifts where they have no chance of coming out ahead. Where can I bet on this?
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That's a great question; I don't think there's a great answer right now, even though it seems fairly consensus that DAU isn't a great measure. To get to useful measurements I think we have to be able to weight addresses by some kind of quality. Because as it stands, this is assuming 1:1 of all users everywhere. We have to know something about the addresses that we're comparing in order to say anything meaningful about one chain vs another - what they did, or how much they did it with, or how many of them are actually part of a cluster of 1000 bots farming an airdrop.
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@MINHxDYNASTY Good to see we all learned our lesson in this last shake out and the insanity leading up to it.
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@BraytonKey @BoostVC Could you expand on number 3? We're going into a fundraise and looking to pick up every morsel of insight I can.
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