gm, builders! 👋

Here’s your roundup of this week's onchain news and growth insights.

Highlights:

• Introducing Formo: Actionable Insights for Onchain Apps

• Best Google Analytics Alternatives for Web3 Projects

• What Is Dapp Analytics and Why Does It Matter in Web3?

• Wallet Analytics: Turbocharge Your Growth with Onchain Data

Web3 teams face challenges in user acquisition and analytics due to pseudonymous users, fragmented journeys, and limited tools for onchain data.

Formo Simplifies Web3 Data

Formo helps product and marketing teams understand users and make data-driven decisions without complex engineering, allowing teams to focus on building products and driving growth.

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Google Analytics 4 (GA4) falls short in addressing Web3 needs. Web3 projects require tools that integrate offchain and onchain data to effectively analyze wallet interactions, user behavior, and conversions.

Top Alternatives for Web3 Analytics

1. Formo

2. 0xArc

3. Safary.club

4. Cookie3

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Dapp analytics involves collecting, processing, and interpreting live data from Dapps. It enables Web3 teams to understand user behavior, track performance, and make data-driven decisions.

5 Steps to Simplify Dapp Analytics

1. Use Web3 Data Platforms

2. Leverage Web3 APIs

3. Automate Data Processes

4. Define Key Metrics

5. Adopt Visual Dashboards

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Wallet analytics provides Web3 teams with a clear view of user behavior, token balances, and onchain activities.

Top Tools:

• Formo Analytics

• MetaCRM

• Addressable

• Balloon

Learn more