jesse.base.eth 🔵 pfp
jesse.base.eth 🔵
@jessepollak
inspired by @dwr.eth, the @base team now spends all our time thinking about how we grow: - quality monthly transacting addresses (qMTA) - quality monthly transacting builders (qMTB) there's so much noise (and misdirection) in onchain metrics and it's been very helpful to focus in on the signal.
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Dan Romero pfp
Dan Romero
@dwr.eth
🤩
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​woj pfp
​woj
@woj.eth
would love an update when you decide on what "q" means for base (or any other decentralized execution layer)
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Jayme Hoffman pfp
Jayme Hoffman
@jayme
why monthly vs. weekly, daily or qTPS?
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Kyle McCollom pfp
Kyle McCollom
@kyle
Similarly focused on MTAs! We don’t narrow it down to qMTAs because we assume all the transactions we recommend are quality (vs a network where you need to filter). We found that WTA and DTA were too narrow - Snapchat regrets going with DAU over MAU, and transacting triggers happen a lot less than active triggers.
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rajivpoc pfp
rajivpoc
@rajivpoc
do you see these as leading or lagging indicators?
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​woj pfp
​woj
@woj.eth
hehe
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Sriram Krishnan pfp
Sriram Krishnan
@sriramk.eth
my lesson on this is it is SUPER key to define the right atomic metric to track (and VERY bad things happen if you don't). For example at Twitter for a long time focusing on top line DAU proved to be incorrect and it was better to focus on meaningful conversations.
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Thomas Mattimore pfp
Thomas Mattimore
@mattimost.eth
do you consider someone with an open staking position or an open defi position a "quality users"? even though they aren't transacting they are definitely using!
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Johns pfp
Johns
@johns
Paying for goods/getting businesses to accept USDC on @base should be a high priority imo!
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Psaul Ogun pfp
Psaul Ogun
@psaul
What qualifies as “quality” and “transacting” ?
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Francesco | andreolf.ethᵍᵐ pfp
Francesco | andreolf.ethᵍᵐ
@andreolf
Jesse any quality or ROI metrics on dev events that you are thinking about? things that can impact both qMTA and qMTB
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Brian Kim pfp
Brian Kim
@brianjckim
bullish 🔵
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BrixBountyFarm 🎩 pfp
BrixBountyFarm 🎩
@brixbounty
https://x.com/brix_farm/status/1743427358143717377?s=46&t=TVy9rDl3UkuxmVj4e18bOA
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LauNaMu pfp
LauNaMu
@launamu
Really like this! ✨ I believe an important thing you’ll also start noticing with this approach is the type of dapps built on @base What does this mean? You can’t have recurring txns or recurrent use of a dApp that is meant for a single txn or doesn’t generate user engagement.
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Juli 🎩↑ pfp
Juli 🎩↑
@juli
I'm sure this will pay off! I find it funny/weird/sad that 99% teams in crypto navigate completely blind & founders seem to not care abt improving their own data & foresight. (I assume 1% builds for themselves, whale/fund interest)* Amzn showed what it's worth to plan 2-3y ahead. *Prob teams just not business minded
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