CryptoSapiens Onchain Alpha | Andrew Hong - Making onchain data accessible with Dune
In this conversation, Humpty and Andrew Hong discuss various topics related to the crypto space. They cover sustainability and supporting the creator economy, the evolution of tokenomics and meme tokens, analyzing data points, and the use of Dune as a platform for data analysis and integration. In this conversation, Andrew Hong discusses the concept of Dune dashboards as composable pieces of the Web3 stack. He explains how Dune can be used for data analysis and insights, including user recommendation frames and improving social graph and recommendations.
Andrew also introduces Byte Explorers, a community-driven initiative that rewards data contributors with reputation tokens. He emphasizes the importance of building composable elements in the Web3 ecosystem and invites listeners to get involved with Byte Explorers. The future goals for Byte Explorers include scaling the community, running missions with different platforms, and establishing the reputation system as a standard.
Takeways:
Sustainability is important in the crypto space, and there needs to be a balance between decentralization and a sustainable business model.
Tokenomics are evolving, and creators have more tools to design and experiment with token mechanisms.
Analyzing data points in the crypto space requires forming your own opinion and understanding the different tools available, such as ERC-20 tokens, NFTs, attestations, and points.
Dune is not just a platform for analytics, but also a platform for data analysis and integration, allowing users to build their own products and communities.
Dune dashboards can be considered composable pieces of the Web3 stack, similar to smart contracts. Dune is used for data analysis and insights, including user recommendation frames and improving social graph and recommendations.
Byte Explorers is a community-driven initiative that rewards data contributors with reputation tokens.
Building composable elements in the Web3 ecosystem is crucial for seamless integration and collaboration.
Socials:
Dune X: https://twitter.com/duneanalytics
Andrew Hong X: https://twitter.com/andrewhong5297
Crypto Sapiens:
https://www.cryptosapiens.xyz/
https://twitter.com/CryptoSapiens_