A primary objective of developers in the Web3 space is to create products that effectively cater to their end users by leveraging decentralized technologies. Propeller.chat, a decentralized application (DApp) built on the River Protocol, aims to revolutionize product development and user engagement. It focuses on facilitating meaningful interactions and dynamic feedback, similar to Trustpilot but for Web3.
The team behind Propeller.chat, LCA, has been actively involved in promoting community-centric applications and has previously collaborated with Web3 giants like Opensea and Moonpay. This DApp enables users to directly engage with team members, share their ideas, and interact with other power users, all while being rewarded for their valuable input.
The team emphasizes the importance of collecting and acting upon feedback in a timely manner, rather than letting it go unnoticed. Greg Isenberg, co-founder of Late Checkout Agency, believes that for startups, receiving the right feedback at the right time can be the difference between failure and generating significant revenue.
To ensure the authenticity of feedback, the DApp utilizes token-gated memberships and on-chain verification provided by the blockchain. This approach ensures that feedback comes from verified community members rather than bots or fake accounts. Each membership is represented as a non-fungible token (NFT), which helps track early adopters and build a community of reputable members, leading to reputation-based awards.
Brian Meek, the co-founder and chief technology officer of HNT Labs, the Web3 company behind the River Protocol, believes that Web3 platforms are on the cusp of developing and embracing the most valuable aspect of Web2 — messaging apps. Meek, along with others in the industry, emphasizes the importance of aligning products with the needs of end users as the primary focus.
In a recent interview with Cointelegraph during the Proof of Talk 2024 conference in Paris, Amanda Cassatt, CEO of the Web3 marketing agency Serotonin and former chief marketing officer for Consensys, highlighted the immense value created by producing products that have true utility and fulfill the needs of their end users.
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