Please describe your proposed solution
Many great ideas on Cardano fail due in part to poor marketing. Founders lack open-source tools to create automated campaigns that incentivize user engagement, resulting in diminished awareness and user acquisition.
The process of acquiring users in crypto is fundamentally flawed and in-need of improvements. Projects often rely on airdrops and social media channels that force them to use manual, inefficient and expensive processes that lead to poor user acquisition results and overall high rates of failure. Projects face hardships with scaling and determining product/market fit which is an ongoing pain point that hinders the growth of the Cardano ecosystem.
AttentionSDK aims to solve this issue by providing a robust, scalable protocol for incentivized marketing campaigns on Cardano. By enabling developers to launch campaigns with targeted rewards based on specific on-chain actions or off-chain interactions, AttentionSDK helps builders engage users who are motivated to interact meaningfully with their products.
This SDK supports conditional and verifiable campaigns, enabling projects to accelerate user acquisition while ensuring cost efficiency and transparency.
Key Features & Workflow
- Campaign Definition
- Developers choose campaign types (on-chain actions or click-based engagement) and set specific actions for users to complete for rewards.
- Reward Structure
- Define rewards such as tokens or points for users who complete specified actions, and set campaign duration.
- Audience Targeting
- Target specific user segments based on holdings, tags, behaviors, or wallet addresses.
- Real-Time Monitoring
- Track campaign performance with real-time analytics, allowing for adjustments based on key metrics like conversions and engagement rates.
Workflow Steps
- Define Campaigns
- Campaign Type: Choose between on-chain actions (e.g., transactions) or click-based actions (e.g., social media engagement).
- Set Actions: Specify actions for users to earn rewards, such as minting tokens, providing liquidity, or following on social media.
- Rewards: Decide the type of rewards users will receive upon completing actions.
- Launch Campaigns
- Developers can deploy campaigns that generate a module for seamless integration, allowing them to attach a database and frontend interface easily.
- Track Performance
- Real-Time Monitoring: Developers can monitor campaign performance via an analytics dashboard.
- Key Metrics: Track conversions, user engagement, and completion rates to optimize campaigns as they progress.
SDK Integration Overview
AttentionSDK enables developers to easily create and manage reward-based campaigns on Cardano, driving user engagement through incentivized actions.
1. Install SDK
Integrate AttentionSDK into your project using a package manager like npm.
2. Initialize & Create
Initialize the SDK with project credentials and define campaign actions for users, customizing conditions and rewards.
3. Deploy Campaign
Deploy the fully defined campaign with your frontend, making it active for user participation.
4. Verify & Release
Track and verify user actions to automatically release rewards to wallets, ensuring a seamless experience.
Advanced Use Cases
AttentionSDK supports complex scenarios, such as campaigns for liquidity providers, where developers can reward users based on their liquidity contributions to Cardano pools, calculated dynamically.
Who Will Your Project Engage?
AttentionSDK will engage:
- Developers: Seeking efficient tools to create automated marketing campaigns.
- Founders: Looking for open-source solutions to enhance user engagement without extensive marketing expertise.
- Cardano Users: Participating in actions to earn rewards, fostering community around projects.
How Will You Demonstrate or Prove Your Impact?
We will measure impact through:
- User Adoption Metrics: Track projects and developers using the SDK.
- Campaign Performance: Monitor user engagement, completion rates, and reward effectiveness.
- User Feedback: Collect insights on experiences and satisfaction.
- Case Studies: Showcase successful campaigns demonstrating impact on product-market fit.
Conclusion
AttentionSDK will help address the marketing challenges that lead to high failure rates for Cardano projects. Introducing fast and efficient one-click incentivized engagement campaigns will help improve user acquisition. Real-time data tracking and secure rewards mechanisms will empower Cardano developers and project founders to achieve enhanced product engagement and optimal product/market fit.