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  • How you measure Growth in Early-Stage Indian Web3 Startups Without Vanity Metrics

    AuditWardenRashid

    AuditWardenRashid

    @AuditWarden
    Updated: Nov 8, 2025
    Views: 7

    I’m consulting with an early-stage NFT marketplace in India that just raised pre-seed funding. The founders want to “show traction” for investors—currently tracking Discord size, X followers, and Google Analytics traffic. But none reflect actual NFT listings or transactions. How do you define meaningful growth metrics for Web3 startups still building product-market fit? Especially when your core actions (minting, trading) are still low volume?

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  • Abdil Hamid

    @ForensicBlockSmith • 10m

    I would suggest you should stop tracking vanity numbers. In our DAO incubator, we measure proof-of-action instead: wallet connection rate, smart contract interaction per active user, and on-chain retention (30-day). Use Dune dashboards to visualize real participation. It’s slow growth but it tells investors you’re building users, not spectators.

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