Focus Areas
Vision and business strategy
User journey and feedback from users
Data and technical constraints in design
Risk of Failure
Most likely reason for failure: Not enough customers.
Example: If business doesn't cover operational costs, it may become unsustainable.
Importance of feature enhancement or pricing strategy.
Revenue Insights
Current pricing model is viable based on user resource usage (CPU, bandwidth).
Past assumptions were not data-driven but based on gut feelings.
Positive feedback from users indicates potential for growth.
User Feedback Mechanism
The "Mom Test" highlights that feedback may not align with actual product use.
Genuine interest measured by user engagement and activity levels.
Vision for Blockstalker IO
Originally aimed to integrate activities across the Algorand blockchain.
Shift towards business intelligence applications; understanding how users interact with data.
Goals include generating user activity and enabling users to follow significant transactions or happenings.
Current Challenges
Struggles with user retention; initial interest does not lead to sustained engagement.
Retalytion factors: user mismatch with product utility, lack of engagement tools leading to drop-off.
Use Cases
Different user segments: Enterprise clients, developers, average consumers.
Each segment has distinct needs—for example, following specific transactions or monitoring market activities.
Ideal Happy User Journey
Users should sign up, discover relevant features, and take action (e.g., executing trades).
For developers and enterprises, effectiveness of the platform should encourage subscription to premium services.
User Drop-off Reasons
Lack of clarity in features (how the app can be used) may cause users to disengage.
Marketing outreach on participation nodes highlights missed opportunities for engagement.
Personas and Target Users
Focus on educating users not familiar with blockchain or Algorand to foster broader appeal.
Targeting novice users effectively trains the product to meet the needs of more knowledgeable users.
Prose Row Concept
Designed to present transaction data in an understandable format, encouraging user interaction.
Aim to create a platform that resembles social media feeds to capture user attention.
Magic Drawer Functionality
Expected to facilitate user actions (buy/sell trades) directly from the platform based on monitored activities.
Website Design Considerations
A need to allow users to see options to engage (e.g., following assets) with less friction.
Integration Page and User Experience
Simplicity for users to integrate their favorite platforms/tools should be a primary focus.
Search functionality needs improvement to allow searching by name rather than ID only.
Potential Filtering Options
Considering preset filters may streamline user experience and enhance engagement.
Utilizing Existing Data
Current data collection is robust; however, internal analytics to improve user experience are lacking.
External use of collected data (by third parties) suggests opportunities for internal usage.
Competition
Competitors provide similar functionalities but lack certain features.
Industry collaboration can stimulate innovation and improve overall service quality.
Vision of Blockstalker
The primary goal is simplicity in data presentation while facilitating meaningful user engagement.
UI/UX Considerations
Current interfaces should feel welcoming and easy to navigate, especially for novice users.
Font choices may be reconsidered to enhance accessibility and appeal.
Future Directions
Emphasize effective data presentation, magic drawer functionality, and extensive follow options.
Maintenance of a smooth user journey remains a core focus as development continues.