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Josh Stark
@0xstark.eth
What do you think are the most important metrics to track the health / growth / utility / "success" of a blockchain ecosystem? (and bonus points: how can they be measured?)
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chinmay.eth pfp
chinmay.eth
@chinmay.eth
For me, it's the combination of these 3 matrics. 1. How many new applications are being built? 2. How much total liquidity available to those applications? Let's assume, An ecosystem has 100B in assets; * 40% in Liquid Assets (LA) -- moved in the lats 12 months * 60% in Saving Assets (SA) -- haven't moved in the last 12 months Assuming that Liquid Assets move 5 times a year, so it's 5x more valuable to applications than Saving Assets. Now, the application being built; 500 apps are being built for LA. So, that's 500*5 (=2500) points. 1000 apps are being build for SA. So, that's 1000 points. Add them up (3000 points). I'm making a lot of assumptions here, but with 3 months of research and fine tuning this can be developed as a long term health metric for any blockchain ecosystem.
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