Adventure #43 - MetaForm

Hey there👋
My mission is to support ambitious founders and fuel innovation!

Today's plan:

Use this framework to look into a product:
(1) The product
(2) The founding team
(3) Funding & Hiring

Misc:
(4) Meme of the week
(5) Hustler's ambition

DISCLAIMER: None of this is sponsored.
I choose what to write about. 
Not financial advice either!

Today is dedicated to MetaForm

The Product

(i) problem

• most web3 brands rely on web2 survey tools

• this limits the ability to get on-chain data

  • and airdrops to supporters take more time to complete

• you can’t have token-gated forms

• it’s tricky to reward survey participants

Let me give a quick example.

Let’s say I wanna give NFTs to you guys who’ve read 15 issues.

I create a form to submit your wallet + email.

Then, I can use that form to airdrop the NFTs to you (instead of doing it manually)

Let’s go a step further - I wanna get you, the OGs, involved in some decision-making and airdrop further rewards.

I can now tokengate the survey and attach it in the newsletter.

The alternative:

• I email you separately but that may be annoying

• Other readers won’t see what they’re missing out on

(ii) solution & demo

In simple words, MetaForm is a blockchain-based tool for surveys.
It’s free to use as well!! 🔥 

I’m excited about what you can do with it.
Creating a form is super easy.

There are 2 things you won’t find in a web2 tools:

• Respondent restrictions - tokengating

• Rewards - for filling out

All that is pretty straightforward.
The alpha comes from analyzing the answers.

Using their screenshots below

Next - you can see your results in a piechart form!! 🥧 
That is perfect for presentations.

And now the cherry on top - distributing the rewards!

I will only add this screenshot as it’s quite a long walkthrough.

Remember how you guys suggested I do video reviews?
Welll, this would be the perfect application of that.
But I’ve not made the leap yet. Sorry

So I’ll do the next best thing which is to link you to their in-depth article.

It’s really well-written and thorough.

(iii) considerations

At the time of writing, everything is free.

The team takes no cut from the distribution of rewards.
I’ve spoken to them and verified this 👌 

This product of theirs isn’t the money maker, it’s more of a public good which I love.

The team is building a few other cool things which I might cover in the future.

Until then, you can check out their product HERE or follow the team on twitter

(iv) how you can benefit

• create forms

• segment the users based on answers

• reward participation with their airdrop distribution

And also, if you like tools like these - you would LOVE Lea’s newsletter which is called web3CRM. Link below

The founding team

Their LinkedIn page: www.linkedin.com/company/metacrminc 

• 8+ years of blockchain dev experience

• top level executives from brands like:

  • BCG Consulting

  • Snapchat

  • Zendesk

Funding and Hiring

A) Funding - yes, $2.5mil seed round

Cool fact: Asana’s former CRO participated in the round

B) Hiring - currently not

Favourite meme of the week

see guys? It’s ez to make $$$. Just compound 5% per day for the year

Hustler's Ambition

(A section dedicated to frameworks/ideas/tools)

Enjoyed reading this, has an interesting angle

That’s it for this week. If you enjoyed it, feel free to share the newsletter with just 1 friend.

I can’t afford to run ads for it so word of mouth helps a lot.

See you next Monday for another exciting product!👋
- Mitko

Last weeks writeup: