TL;DR
It's easier than ever to launch products to the world but getting attention has never been harder
Vibe coding and AI are accelerating this trend exponentially
ProductClank introduces a new approach for builders to achieve distribution and for early believers to bet on those they believe in
A new way to discover and signal high-quality products and builders is needed
Introducing "Believer Score" - turning passive appreciation into active signaling
The Distribution Wall Problem
It's incredible what a single entrepreneur can achieve today and how fast products can be built, but let's face it - the biggest problem remaining is distribution. In a world of abundance of software solutions, trying to gain mindshare and attention for your product has never been harder.
Builders are empowered more than ever to create and deliver awesome tools, but discovery remains the biggest challenge.
The ProductClank Approach - Skin in the Game
ProductClank solves this problem by combining discovery with skin in the game. When someone discovers your product and finds it interesting or valuable, they can bet on its potential to gain more mindshare and go viral. They can bet on your chances to keep building the product, grow a community around it, and create value.
Traders and speculators buying the product coin become incentivized to share it organically, creating a win-win scenario where everyone benefits from your product's success.
For every product on ProductClank, community members become believers rather than just casual supporters. Read our full vision for the future of venture building here
Beyond Simple Upvotes: Real Belief Signals
Traditional upvotes are weak signals. Anyone can click a button without real commitment. With bots taking over, it's even less credible to rely on them.
On ProductClank, we've created a more meaningful metric that reflects genuine belief in a product's potential. As traditional prediction markets demonstrate, when people put their money where their mouth is, true conviction emerges.
What Makes Up the Believer Score?
Our Believer Score incorporates multiple signals that collectively measure authentic community support:
Upvote Aggregation: The foundation of traditional support metrics, counting total upvotes
Token Holder Count: More token holders indicate stronger belief - these aren't just people who like your product, but those willing to invest in its future
Distribution Quality: Raw holder numbers can be manipulated, since anyone can simply airdrop or distribute a token to thousands of wallets. We analyze distribution patterns to filter out "fake" vs. authentic support and participation
Verified Social Graphs: It's not just the quantity, but also the quality - luckily with social networks like Farcaster, we can factor in social elements and identify high-signal supporters of a product. These individuals are highly regarded by their community and network, and as such their opinion serves as a strong signal for a product/builder's chances of success
This is just the beginning! We plan to iterate and evolve the Believer Score and welcome community suggestions for additional data points to strengthen this critical metric.
If you want to help us improve this or have additional data points we can incorporate - let us know! ProductClank is building in the open with a community-first approach and welcomes contributors who align with our mission and direction to help builders grow.
Summary
The Believer Score represents a fundamental shift from passive appreciation to active signaling of a product and a builder's success. Join us in revolutionizing how builders launch products and find their audience!
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I'm looking to consult with a super smart data geek that can help me design an algorithm that is based on on-chain data (option to a small paid gig work if fit) Context in this @paragraph post - formulating a KPI to take Believer Score to the next level https://paragraph.xyz/@liorg/introducing-believer-score
have you reached out to folks on Dune directly?
I didn't...will they be up to advice on this ? or you suggest just as a source of data ?
many are always up for such focused work maybe @rjs has some tips, since he’s a Dune wizard
Hi, i believe ryan has already given good advice! Bountycaster is great for such stuff. Also, i like the idea in the article. Could you DM me with a bit more details about what you want? i would be willing to do this if i feel like i am a good fit for this.
Help me come up with the appropriate tag line for the page on the app that allows traders to browse through products and bet on those they believe in? cc @productclank
What do you mean by bet here, would you win money or smth?
Good Q - the intention is like betting on a meme coin early on - you bet on it going viral and gaining mind share - same here - If I found a newly launched product I liked or believe in it's potential - i can win with the builder (builder get more eyes and distribution, product coin get's more attention and potentially price too
Good one, so betting means buying the token pretty much? once you see the list of products, all of them already have the token right since they launched on product clank? Had a thought while writing it down of potentially another mechanic where, maybe even with the personal believer score, award % of token fees attributed to interface (product clank) to those early believers going forward personal believer score may include interactions with the founder on farcaster even
Is that what believer score is about?
Believer score is a more meaningful metric that reflects genuine belief in a product's potential, than a simple upvote. it encapsulates multiple signals that collectively measure authentic community support Upvote Aggregation Token Holder Count Distribution Quality Verified Social Graphs and more - looking up to this community to help us build something useful ! https://paragraph.xyz/@liorg/introducing-believer-score
Sat down to share what would be a fundamental piece needed in signaling in a world where attention is the scarcest asset and everyone are empowered to be product builders (aka Vibe coders on steroids) Believer Score. Where ppl put their money where their mouth is. https://paragraph.xyz/@liorg/introducing-believer-score
this is really cool and a meaningful way to be onchain beyond quick flip speculation. I am down for some depth again;-)