Thu. Jul 29th, 2021
    Free TON, Analytics

    In more than a year of its activity, Free TON blockchain has established dozens of partnerships with other platforms and projects. For an objective assessment of these and future agreements, there is a contest, the result of which should be the appropriate analytical toolkit.

    The partnership is one of the algorithms for the development of the Free TON platform and ecosystem. Blockchain is interested in attracting crypto-world representatives to the project, in cooperation and synergy with other industry members. Under the development program, a certain amount of TON Crystal is allocated to partners, which makes the choice of partners by the community at least conscious — the allied organizations must have the potential that will benefit the platform.

    Partners Worth A Million Or More

    Since May 2020, Free TON has received about a hundred partnership applications from organizations of all kinds. About 40% of them are accepted. At the moment, the total amount of funds allocated to partners is approximately equivalent to 10 million USD.

    Gaming platforms are the most widely represented among those with whom Free TON has shaken hands — ten out of thirty-five. These are, for example, multi-currency Galaxy Online and working on TON Crystals World of Dogs and PokerTON.

    The terms of the latter’s partnership, for example, included a one-time payment of 500,000 crystals to the project and an additional 200,000 for every new fifty thousand users.

    Among the gaming platforms, one can also highlight the Chinese online games distribution company Chinaplay, which will receive a record 7,300,000 crystals among all partnerships if it attracts three and a half million users.

    The next common type of Free TON partners is crypto-exchange and e-wallet platforms — seven positions. These are the well-known FreeWallet and CEX; a large African hedge fund Merkletree, a partnership with which will cost Free TON 2,380,000 tokens if the number of registered users approaches six hundred thousand.

    Among Free TON’s partners is the Serbian alliance of coupon and discount sites Grupovina/Popusti; the world-class leader in iGaming, Sigma Group.

    Among the partners of Free TON, Cointelegraph, the #1 crypto-media resource, stands out. Astronomical 7,000,000 TON Crystals for a year for PR and promotion.

    Time To Think: Analytics Contest

    The achieved thirty-five partnerships out of almost a hundred proposed ones result from analytics, selection, and, of course, voting by representatives of the Free TON community. Analytics & Support Governance is directly engaged in analytics. Detailed information on all accepted and rejected partnership proposals can be found on the website. Partnership applicants can also apply for cooperation on it.

    As the community grew and the scope of analytics work increased, it became necessary to create additional tools to explore existing and new partnerships. That’s why the Analytics & Support Subgovernance launched the Analytics of partner requests contest, which started on June 3.

    More Than Just Tables Are Needed

    Currently, the initial scoring and analysis of the results for accepted partnerships are implemented as part of the DeAnalytics Token Distribution Program contest. Professional teams, using the OSINT toolkit, analyze submissions from applicants for a partnership with Free TON.

    The community does not yet have a convenient toolkit that would allow analyzing previously submitted partnerships in a consolidated form.

    Now each partnership is analyzed individually. A holistic analysis of all partnerships is the task of the contest. Representative of the Analytics & Support Subgovernance

    At the end of the contest, the analytics must be reorganized and presented as three reports:

    1. Initial scoring of a potential partner.
    2. Summary analytics on all partnership applications. 
    3. Analysis of the results for accepted partnerships (KPI completion).

    The contest should lead to the appearance of an analytical system that consolidates information on all applications from potential partners. This information will be regularly updated (at least once a week) and will answer the following questions:

    • How many partnerships are submitted to the community each month?
    • Which of the applicants attracted more potential partners and which of these partners was accepted?
    • From what areas are partners more often accepted?
    • What are the requests of potential partners in the context of areas of activity? Does the request amount change as the project develops?
    • How many tokens have been allocated for each partner?
    • How did each accepted partner dispose of the received tokens?

    All this will solve the problem of insufficient awareness of each participant on existing partnerships, as well as reduce the number of partnerships with inadequate requests, since all indicators can be easily compared.

    Summary information can help scouts attract interesting partnerships and may provide a new boost for the more rapid development of various promising collaborations. Representative of the Analytics & Support Subgovernance

    Representatives of the subgovernance agreed that almost all projects have problems with the data: they are not structured and heterogeneous.

    A proper understanding of the tasks of particular analytics is required. More than just tables and graphs are needed. The same data can be presented in different ways. And if the information is presented from the wrong angle, it can be not only useless but also misleading.

    The contest organizers expressed the hope that the contestants will use professional approaches in solving the tasks.