News
In a nutshell: DappLooker joins peaq Foundation’s Ecosystem Grant Program to connect its data analytics platform with peaq and krest networks. The integration, conducted with the financial support from the Foundation, will grant the community a handy and user-friendly tool for data-driven analysis. From the number of connected machines to the machine NFT rewards, DappLooker will give peaq users a detailed breakdown of the entire ecosystem.
“Data is important because it provides insights, information, and evidence to help make informed decisions, solve problems, and create solutions in various fields and industries.”
This insight comes from none other than ChatGPT, a language model trained on tons of data to ragequit in tic-tac-toe, write texts that make Twitter giggle, and eventually leave many of us out of jobs (don’t worry, though, it’s not all doom and gloom). And as it’s dropping the mic, just imagine how handy data is for stakeholders in the Economy of Things.
Take that electric vehicle you hooked up through peaq control the other day (okay, for now, it’s more likely a Raspberry Pi, but soon, we promise!) — how many of its kin are also linked with the network? How much are they earning, and how many transactions do they conduct per hour? It’s pretty handy to know all that even as a machine owner, but as a builder, such questions are even more important, as they help you assess the current state and performance of your dApp and chart the path forward.
So hear ye, hear ye, peaq users, and rejoice: Soon, you will be able to answer all of these questions thanks to peaq’s integration with DappLooker, a multi-chain analytics and visualization platform for Web3 projects. This project, the first one to officially join peaq Foundation’s Ecosystem Grant Program following the approval of its bid by the Grant Committee, will link its analytics tool with peaq and krest, bringing a trove of insights to the community.
"DappLooker partners with peaq and krest to bring advanced analytics to the Economy of Things. This collaboration enhances transparency and visibility, providing users with data-driven decision-making to maximize their potential. Together, we aim to build a more efficient and accessible ecosystem for all stakeholders."
- Abhay Singh, Co-Founder of DappLooker
Data is the new oil, the tech industry once chanted with the same fervor as what xXx_420_CrytoKek_xXx puts on display when shilling you a new dog-themed Metaverse GameFi memecoin. And just as with oil, before drilling for data, you want to have some idea of what exactly is down there. Makes sense, fair enough, here is what the peaq community will be able to drill for with DappLooker:
These metrics and more, for both krest and peaq networks once they go live on Kusama and Polkadot respectively, will be available to the entire peaq community through DappLooker’s platform. The platform’s powerful data visualization tools will grant the community a sleek and in-depth overview of the entire ecosystem, bringing the network’s transparency and accessibility to a whole new level. Any questions you might have will be answered in just a few clicks, with nothing but hard data powering the decisions of Economy of Things stakeholders.
Developers building on peaq will have the option to leverage DappLooker to build custom dashboards for their dApps. This will enable them to grant their users access to more data, helping them make more informed decisions within the dApp, while also attracting new users through a transparent overview of the services and earnings involved.
“We are thrilled to see DappLooker lead the first cohort of exciting projects joining the Ecosystem Grant Program. Its analytics platform will bring data observability within the peaq ecosystem to a whole new level and give the community a better overview of this space. With backing from peaq Foundation, DappLooker will help peaq map out the Economy of Things and make it as easy to navigate as possible.”
- Till Wendler, peaq’s co-founder