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Everyone who spends time on Crypto Twitter has recently been sure to meet users who try to position on a kind of Mindsre -Leaderboard.
These leaderboards – the most popular of these live on Kaito – use algorithms to arrange the X involvement of users. Some crypto ecosystems that are looking for better involvement will offer financial incentives to users who earn engagement points.
The first classification that specifically measuring Solana Mindshare will be released on Monday by Wallchain, the team told Lightspeed exclusively. Influential Solana CT users receive quacks, the currency of Wallchain’s Offchain points. In many cases, including kaitos, points are used to determine the allocation in a future token. Wallchain co-founder Yuri Yatsenko refused to confirm whether a token is in the making.
The Wallchain algorithm is built to discourage spam networkness by applying “exponential decay” in quacks on users who are repeatedly marked for spam, Yatsenko said.
Based on a pre-launch version of Wallchain’s Leaderboard, the highest-mindshare Solana posters in the past 30 days were Solana co-founder Anatoly Yakovenko, co-founder of Helius (and Lightspeed Podcast Co-host) Mert Mumtaz Ansem.
Source: Wallchain
But while the top of the leaderboard checks out at first sight, many still complain in Crypto that binding token stimuli makes X-posts CT lower signal and higher noise.
‘[Y]EAH I hate it absolutely fun, “Blockworks Research Analyst Boccaccio said when I asked if he had thoughts about the trend of Mindshare Leaderboard. He added that such leaderboard programs are bad for [the] marketing side because [they are] Clear gamed and no longer useful “and have” CT’s noise/value ratio of CT ruined. “
Yatsenko agreed that “toxic stimuli” and “coordination in the short term” have converted many existing mindshare leaders into “spam-to-earn” programs. He added that this can be solved by algorithms that give priority to users who show ‘authentic, sustainable involvement’ around a small number of projects.
Although the market may reach a saturation point for CT Mindsre -Leaderboards, my opinion is that there is a real business model here. Until now, crypto ecosystem builders who wanted to pay influencers sometimes had to pay through intermediaries and opaque value propositions. Sometimes influencers receive assigned tokens for their services, which can be worth a lot of money.