Measuring Actual Progress in Web3 Projects

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Summary

Measuring actual progress in Web3 projects means tracking real user activity, financial growth, and community participation rather than relying on surface-level numbers like likes or followers. This approach gives a clearer picture of whether a project is genuinely growing and delivering value within the blockchain ecosystem.

  • Track real usage: Focus on metrics like wallet activity, transaction volume, and protocol revenue to understand true engagement and adoption.
  • Set meaningful milestones: Use on-chain activity, user retention, and governance participation as benchmarks to mark progress rather than social media counts.
  • Build transparent dashboards: Visualize and share key project data with your community to encourage trust and keep everyone informed about ongoing developments.
Summarized by AI based on LinkedIn member posts
  • View profile for Freedom Oboh

    Client Success Analytical Consultant | Data Analyst & BI | Power BI • Excel • VBA & Macros | Building Custom Dashboards & Automation | Scaling Founder-Led Businesses via Strategic Growth Architecture

    6,645 followers

    I’ve been hearing about Monad Foundation from my friend for a while, so the analyst in me decided to explore what’s really happening under the hood 👀 Here’s what I found: The Nadradar site (which tracks DApp activity) doesn’t load data as regular HTML , it’s rendered dynamically through JavaScript. Meaning Power Query’s “From Web” can’t see it because the data loads after the page does. So instead of stopping there, I went deeper, found the API endpoint feeding the site, pulled it directly into Excel, and built a real-time dashboard that updates automatically. The dashboard visualizes: ▪️Total transactions, volume, and user activity (last 24 hours) ▪️Top performing DApps by volume and users ▪️Correlation between volume and user growth (currently low at 0.10) ▪️And my favorite, the Top 5 DApps by Power Nads, the key rank determinant on Nadradar This project was fun and insightful, web scraping, and visualization, all tied to a live Web3 ecosystem. If you’re in the Web3 or analytics space, I’d love to hear your thoughts: How would you extend this dashboard or integrate it into on-chain monitoring tools? #DataAnalytics #Web3 #Monad #Excel #BlockchainInsights

  • View profile for Phillip Alexeev

    AI Native Growth & GTM Leader | 4x Exits | Forbes 40 under 40 🏆

    5,134 followers

    I know I’m going to get hate for this, but it has to be said: Most Web3 Marketing metrics are BULLSH*T 😤 ❌Impressions. ❌Likes. ❌Followers. ❌Comments. They’re all vanity metrics—easily gamed, often faked, and worst of all, misleading. 👉 Projects that launched 3 months ago with 500,000 “followers.” 👉 KOLs with thousands of emoji comments that add zero value. 👉 Ads with millions of impressions but no conversions. This isn’t marketing—it’s deception. And the worst part? Investors, holders, and even exchanges still rely on these fake metrics to gauge success. 💡 Here’s the truth: Vanity metrics DO NOT determine a project’s future. Instead of chasing social proof, track the metrics that actually matter: ✅ Wallet activity – Are real users engaging with your product? ✅ On-chain data – Are transactions growing over time? ✅ TVL (Total Value Locked) – Is your protocol attracting capital? ✅ Revenue – Are people willing to pay for your product? Web3 isn’t just another hype cycle. If you’re a founder, marketer, or investor, don’t let yourself get blinded by the noise. 🚀 Focus on real adoption, real users, and real growth. What are the most important Web3 metrics you track? Drop them in the comments. 👇

  • View profile for Antonio Gomes

    Igniting Early-Stage Digital Asset Ventures @GDA.Capital 💸 |

    6,225 followers

    I've seen so many Web3 projects raise millions with beautiful, ambitious roadmaps — only to stall six months later when the market turns or the product doesn’t land. So if you're building right now, here’s what I’ve learned about crafting a roadmap that actually survives crypto cycles 👇 First: optimize for iteration, not perfection. In fast-moving markets, speed beats scale. Projects that ship small, test in public, and adapt in real-time consistently outperform those chasing the “big launch.” Second: set milestones that measure usage, not headlines. Hitting 10K Discord members or dropping a token isn’t PMF. Track real engagement — on-chain activity, wallet retention, governance participation. Third: bake in flexibility. Web3 doesn’t follow linear timelines. Token delays, regulatory pivots, and market mood swings are part of the game. Roadmaps need adjustable rails — with room to shift focus without losing trust. Fourth: build in public, even when it’s messy. Transparency builds community conviction. Whether it's a feature rollout, DAO vote, or missed deadline — saying it out loud keeps your community aligned and engaged. And lastly: don’t roadmap what you don’t understand yet. Vision is powerful. But overpromising kills credibility. If a part of your stack is still experimental, say so. In a space where 90%+ of projects don’t survive 18 months, the teams that win are the ones that move fast, learn fast, and bring their communities with them. If you’re building now — what does your next quarter actually look like? #Web3 #Crypto #ProductStrategy #Roadmap #Startups

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