How Well Do You Know Your Token-Holders? Quiz

Community is the cornerstone of Web3 projects. Community triggers growth. Token-holders are important members of the Web3 community. As a Web3 community manager, it is important to know your token holders ’ needs, interests & challenges. But, how well do you know your token-holders? This blog comes with a quiz that helps you evaluate yourself on how well you know your token-holders. Before that, know why it’s important to know your token holders.

Why It’s Important To Know Your Token-holders?

Understanding token-holders is critical to building better community relations. Let’s discuss more reasons why it’s more important?

• Improved engagement

  Know the specific needs, interests & challenges of your token-holders. This makes token-holders feel heard & valued. Token-holders get a sense of belonging within the community and are more likely to show active engagement.

• Effective governance

  When you know your token-holders, you create aligned governance proposals. Knowing their thoughts will be valued, there will be increased participation in voting. In addition to knowing token-holders, incentivization also encourages token-holder participation.

• Increased Loyalty

  Understanding token-holders and taking appropriate actions to satisfy their needs is important. This creates a sense of loyalty in token-holders towards the project & community. Token-holders show long-term commitment towards your Web3 project.

• Strategic development

  It is required to have a project roadmap. When you align the project roadmap to meet token-holder expectations, the roadmap strategically guides your project. The project vision & expansion plans get clearer. Finally, both the project & the community benefit.

Take the Quiz now

It’s time to evaluate yourself, how well do you know your token-holders? Go ahead and take the below quiz.

Hope you have got the results. Move on to the next section, to find what your result mean in detailed.

How Well Do You Know Your Token-holders?

• Minimal Understanding

  With minimal understanding of token-holders you have significant knowledge gap in knowing token-holders. To be a better Web3 community manager, you should start gather more feedback from token-holders & pay close attention to token-holder behaviour.

• Basic understanding

  With a basic understanding of token-holders, you have a pretty decent idea about your token-holders. However, don’t get settled. There is still more room for improvement. Conduct regular surveys to receive feedback from token-holders.

• Good understanding

  Good understanding means you know your token-holder fairly well. It’s good that your know them fairly. Keep up the good work and continue to build engagement with your token-holders. Look for opportunities for refinement and further growth.

• Excellent understanding

  Excellent understanding means you have a deep understanding of the token-holder. It’s great that you know your token-holders well to the core. Continue to engage well till token-holders show strong participation & loyalty. Don’t forget to refine your strategies.

Deepen Your Understanding Of Token-holders

Whatever your result may be, continue to put efforts into deepening your understanding of token-holders.

• Run regular anonymous surveys, respecting the token-holder privacy. This allows for candid feedback from your token-holders.
• Incentivize your token-holder for community participation. Special perks & Airdrops help token holders stay close to the community.
• Personalize communication with the data you have. Retrieve insights from your data for better personalization.

All these strengthen your token-holder relationship, which is the surest way of gaining a deeper understanding of token-holders.

Conclusion

You very well might know, where you stand, if you have taken the quiz. If you have not taken the quiz give a try now.

Also, start to receive feedback from your token-holders with the help of surveys. This improves engagement and deepens your understanding of the token-holders.

Why not create your feedback surveys with BlockSurvey? BlockSurvey is Web3-friendly, Anonymous & AI-driven.

There is never a better time. Give BlockSurvey a try today.