Survey Feedback Analysis and Recommendations for Darwinia/RingDAO Team

[nblogist]

Introduction

This report summarizes feedback gathered from stakeholders within the Darwinia/RingDAO ecosystem. The survey captures insights on stakeholder roles, product preferences, challenges, and suggestions for future development. Based on the data, this report aims to provide actionable recommendations to enhance the ecosystem's products and services.

Key Takeaways

Stakeholder Roles

• Majority respondents include investors, team members, and ambassadors.
• Most participants have been part of the ecosystem for over a year, reflecting an experienced and engaged community.

Product Preferences

• Highest interest in interoperability solutions and decentralized finance tools.
• Staking tools and gaming applications are emerging interests - like someone also mentioned about P2E games.

Feature Prioritization

• Security and low transaction fees are critical.
• Ease of use (UI/UX) is a recurring concern.

Commonly Used Products

• Popular tools include Helix Bridge, Darwinia Chain, and RING v2 & KTON v2 staking apps.

Miscellaneous

• More than 50% people prefer twitter - I recommend we do more spaces
• More than 75% people want to be part of focus groups - we should do focus groups in the future for each product launch
  • Product Launch
  • Video showing usage of product
  • Form a focus group
  • Improve on the focus group’s recommendations.
  • Interestingly 23% people said they would do stuff for community recommendations (@jesse @david @laki we should do more of the community member shoutouts)
• More people want to list on exchanges.
• We need to make a video using msgport - or an application using it

Challenges Highlighted

Technical Issues

• Difficulties with multi-wallet integration (e.g., Paralink).
• Limited cross-chain bridging options (e.g., KTON bridging restricted to Ethereum).

Documentation Needs

• Inadequate documentation for some products.
• Lack of quick start guides and troubleshooting resources.

User Experience (UX)

• Staking interfaces need significant improvement.

Suggestions for Improvement

New Features and Products

• Interchain solutions for secure swaps.
• Introduction of Play-to-Earn (P2E) gaming projects.

Focus Areas for Product Development

• Enhanced cross-chain bridges.
• Community-driven features like gifting tools.

Inspiration from Competitors

• Community recognition as an incentive for contribution. (Basically have community awards)

Recommendations

Technical Enhancements

• Prioritize improving the UI/UX for staking applications.
• Accelerate xAPI implementation for better product utility.
• Expand cross-chain bridging options for KTON beyond Ethereum.

Community Engagement

• Foster better communication via social platforms like Telegram, Twitter, and Medium. Having more and regular spaces.
• Organize focus groups to gather iterative feedback on new features.

Product Innovation

• Introduce liquidity-focused tools to boost ecosystem participation.

Documentation and Training

• Publish comprehensive guides for products.
• Conduct webinars or tutorials to help users understand complex features

Token

• People are asking for more usecases - We can also look into some IRL ones - but this is a recurring point.

Miscellaneous

• We need to form a narrative document/video bringing together DCDAO/Darwinia/RingDAO/RingEcosystem - people seem confused.
• I also recommend us reaching out to existing games or projects with some users on other chains and get them here - since we don’t have funds or much users to offer - we need to target lower middle class of these projects - some users but not too big
• People want us to also look into memecoins.

Questions

• Do we not have proper documentation? - Some people mentioned about it.(2 mentions)
• Are our infos updated on Dexscreener - Coingecko etc. kind of websites?

Verbatim Feedbacks

• We need to update all info on Dexscreener and Dextools. On Polkadot Omni Pool, $RING isn’t listed under Polkadot on Dexscreener—an - Isolated Pool or API integration may be required, which needs advocacy from the Hydration team. Also, add $KTON for trading on Arbitrum and/or Polkadot. The community should actively tag $RING and $KTON, including contract addresses, to boost visibility. Launching a Pump token launchpad could drive speculation and attract interested parties.
• It seems that the Snowswap team has no intention or interest in modernizing its DEX or devoting any attention or time to it.
• I’m very happy with the Index Fund idea. Great choice.
• Being able to bridge kton to darwinia from other chains besides eth. I only use eth when I absolutely have to. Eth is the only option. That's not good. I know we have limited resources, and need to spend wisely, but that should be fixed.
• “Stay hard!” 😆 idk what that meant

As expected we do have quite a few areas to improve - the ones we can do asap are - making videos showing product usage and keeping our twitter spaces consistent - like just keep shoving out content.

Furqan A.
Dated: 30th Dec. 2024
Happy New Year!!!!