Token Gated Forms & Surveys for Web 3.0 Companies

The need for Token Gated Forms & Surveys

In the interconnected labyrinth of the digital age, the need to truly understand one's audience has never been more paramount. Gone are the days when generic surveys and forms could garner genuine and actionable insights. As businesses become more digital-native, the necessity to evolve and adapt our methodologies for feedback collection becomes evident. With the rise of Web 3.0, or the decentralized internet, we are witnessing a shift in how companies interact and engage with their audience.

Web 3.0 brings with it the unique proposition of blockchain, digital tokens, and decentralized assets. And it's not just about cryptocurrencies or financial transactions. The integration of digital tokens in audience interaction mechanisms, such as Token Gated Forms & Surveys, is setting the stage for a new kind of audience engagement. Instead of treating every respondent the same, businesses now have the capability to segment and personalize interactions based on ownership or interaction with specific digital assets – be it Fungible or Non-Fungible tokens.

Imagine a world where feedback isn't just generalized, but is curated from niche communities who share a vested interest in the product or service due to their token ownership or affiliation. Such precision in segmentation not only amplifies the relevance of the feedback but also transforms it into a strategic tool that can drive business decisions. This is the promise that BlockSurvey makes for Web 3.0 companies using Token Gated Forms & Surveys. They aren’t just about data collection, but about forging a deeper, more meaningful connection with the decentralized digital world's inhabitants.

Benefits of Token Gated Forms & Surveys

Token gated forms and surveys can be a powerful tool for collecting targeted feedback from your Web 3.0 audience. By using this method, you can ensure that the feedback you receive is representative of your target market, leading to better decision-making and more effective product development.

How to use BlockSurvey as a Token Gated Form and Survey tool

1. Network selection: Choose your network to start with. We support Bitcoin and Stacks today. More networks coming soon. Once the network is selected, choose between Fungible vs Non Fungible. This can be done from the Gating tab available under the network in selection. 
2. Select token for gating: Choose the token you want to use for gating. We have added the tokens and their contract of the most active projects from the network to get started real quick. Few projects on Stacks Network includes CityCoins, CrashPunks, ALEX DeFi, Sigle are available to use. Incase if you want to add your own project, choose the 'Other' option to add your token name, contract name and minimum holdings. For Bitcoin Network, BTC as FT and Ordinals for NFTs are added. More support BRC20, .sats are coming soon. 
3. Adding Custom Tokens: If you have a project that is not listed, use the 'other' option: Contract Name, Token Name, Token Decimals, and Minimum Holdings Value. This ensures your form or survey is gated based on your token. Contract Name is the identifier for a specific smart contract on a blockchain. Token Name is the descriptive label for a particular cryptocurrency or token. Token Decimals are the smallest divisible unit or precision level of a token. Minimum Holdings Value is the least amount of a token or asset one must hold to meet a specific requirement or criteria.
4. Once setup, Publish it: Once everything is set, publish it and share the URL of the form or survey from 'Share' screen.
5. Submission of response: When respondents answer the form or survey, they sign in using the network's wallet. For Stacks and Bitcoin, we support Hiro and Xverse wallet. Similary, we support major wallets like Metamask, Phantom for Ethereum, Polygon, Binance and Solana. Upon signing a message, no transactions are made on chain. We use the networks api using the wallet to check for holdings. If holdings are met, we let the user to submit, else users cannot submit.

What are some Use Cases for Token Gating in Forms & Surveys

1. Protocol Upgrades & Feedback: Layer 1 blockchains can solicit feedback on protocol upgrades, ensuring that only informed and relevant participants, such as stakers or developers, provide insights. Collect feedback by setting up the minimum threshold of token. e.g., 100, or 1,000
2. DApp Developer Experience: Both Layer 1 blockchains and DeFi platforms can utilize gated surveys to collect feedback from developers, ensuring a seamless experience and understanding of what tools or resources they require using their Web 3 identity.
3. Governance & Voting: DAOs and Layer 1 blockchains can streamline the proposal and voting process using token gated forms, ensuring participation is from genuine stakeholders. Currently, BlockSurvey offers scalable, low cost off chain solution. If you are looking at on chain, check out Ballot.gg - an open source tool created by team BlockSurvey. 
4. Artist & Collector Feedback for NFT Platforms: NFT platforms can release token gated surveys for artists and collectors, gathering targeted feedback about platform features, royalties, or upcoming events.
5. Membership & Community Engagement: DAOs or Layer 1 projects can utilize token gated forms to vet membership applications or engage genuine community members for exclusive AMAs, content, or other community events.
6. Security & Bug Reporting: Layer 1 blockchains and DeFi platforms can use gated forms as discreet channels for developers or participants to report potential security vulnerabilities, ensuring only qualified entities provide input. Also rewards can distributed to the web 3 identity collected at the time of submission. 
7. Airdrop Sign-ups & Exclusive Offers: Projects across DeFi, DAOs, and Layer 1 can use gated forms to identify eligible recipients for token airdrops or exclusive token-based offers.
8. Whitelist and Allowlist creation: Projects can build whitelist based on namespaces or other projects tokens to qualify for whitelist or allowlist. This enables in collecting qualified audience for the presales and public sale of your tokens.
9. Waitlist creation: If you are Web 3.0 project and looking to build a waitlist, you can gate the waitlist by minimum holdings on the network you want to launch with. This helps you to build an audience list, who are vetted through their holdings, indirectly meaning more serious members of the network are willing to participate or have skin in the game to participate in your project. 

Conclusion: BlockSurvey as Web 3.0 form & survey tool

The digital realm is increasingly being dominated by Web 3.0 technologies, opening doors to decentralized and trustless engagements. In this setting, understanding your audience becomes paramount. This is where Token Gated Forms & Surveys helps in harnessing feedback from your audience. 

BlockSurvey is acutely aware of the modern needs of Web 3.0 companies data collection. By integrating Web 3.0 and token-based gating, BlockSurvey offers data collection solutions focused on Web 3.0 vertical; it pioneers in the third wave of data collection in the Web 3.0 space. When you explore the Web 3.0 world, remember BlockSurvey is here to help with your data collection.