Filecoin Filecoin, IPFS, & libp2p Ecosystem-WG Updates - February 2022, 3 Mar 2022

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From YouTube: [Starboard] Ecosystem Feb 2022 Deep Dive: Analyzing the Most Important Metrics of Filecoin;s Network

Description

The Ecosystem WG is a collection of 80+ people across 5+ organizations that are passionate about the long-term adoption of Web3 and dedicated to growing the Filecoin, IPFS, and libp2p ecosystems.

We regularly host all hands meetings to check in on progress and showcase the growth of various developers, applications, storage providers, clients, and communities around the world.

This deep dive features Sylvan from The Starboard team demoing their Filecoin dashboards, showcasing not only what information is available through the dashboards but also their use cases.

Check out more about the Starboard team here:
https://dashboard.starboard.ventures/
https://observablehq.com/@starboard/sproi
https://sprd.starboard.ventures/

Follow on Twitter @Starboard_V and check out their blogs for more Filecoin insights
If you, your team, or organization want to be a part of our working groups or would like to present and be featured in our next public All Hands (March 24), please reach out to: ateam@protocol.ai.

View this months slides here:
https://docs.google.com/presentation/d/1RvWuQB9LOac3nIsaJ_vjEW2LOwwM3H6dCc3mMr6qRP8/edit?usp=sharing

A

This is sylvan from starboard.

A

I did my introduction last time um did a quick walkthrough of like some products that we were actively building and today I'm really excited to have this chance to share some more details on how our products can help analyze some of the most important metrics of the falcoid network, so generally we're trying to provide analytics and insights of the falcon network on different dimensions and also from multiple perspectives, so that these analytics can fit into various use cases and also meet different user demands, so we're trying to help people understand the network on the macro level, the actual level and also the deal level, and on the macro level, we provide the following: a newer health dashboard that displays an important metrics regarding network usage and also growth statistics.

A

So you can check information on falcon storage states, certainly supply gas bills and also economics through different charts, and also this. uh This data analytics are open source on our observable page, so people can just fork the notebook and conduct their own analysis if they feel needed and on the actual level we have two products. First is the storage provider economics calculator, which simulates network dynamics to project economics and returns for providing web food storage services on filecoin?

A

It helps storage providers and their investors to quickly gauge profitability and also break even cycles based on various network and onboarding assumptions, so uh that was also like uh displayed when stefan was doing his uh presentation, we also had the source provider, reputation, dashboard or sprd for short to showcase some on-chain activities of storage providers and help storage clients discover their counterparties for search deals and this product aims to encourage goods sp behaviors on filecoin, enhance service quality and also promote the collective brand of filecoin and lastly, on the deal level we're actively working on a balcony field, analytics dashboard that displays a relationship among storage, clients, storage providers and also falcon plus notaries through graph database visualizations, and this will serve as a very useful tool to improve client experience with sp discovery and also to help identify some potential suspicious activities around deal making.

A

And now I'm going to use a couple of cases use cases to demonstrate how our products can actually bring value. So, as we all know, falcon deals have seen significant growth recently and in this use case, I want to understand what is actually driving the falcon deal. Adoption and so I'll just go to the falcon network. Health, dashboard, I'll click on the deal section, and there are some instant insights I can see so. First, we can see that it's actually the fountain plus deals that are mainly driving the recent growth as over eight.

A

Eighty percent of newly committed deals are in falcon plus, and we can also find that the deal count actually goes up faster than the deal size, meaning that there are a lot of smaller sizes uh deal driving up the overall growth and it reflects a wider user adoption rather than if we only have like a few clients pumping in like really large deals and also, if we're interested in who are the top clients.

A

Recently, we can check on the pie, chart and see a breakdown of all the client deals um that have been added to the network and, as falcon is gradually transitioning into a web free data economy um having a vibrant marketplace for deal making is very important, and in this use case I am a storage client and I want to choose the right counterparty to enter into a storage deal transaction and the product I would go to is sprd, which display uh displays reputation, managers of storage providers based on their own activities.

A

So first, I would just go to the deals and retrieval metric to identify story providers who are actually actively taking deals and providing retrieval services. And after that I will double check on the storage reliability section to filter sps, who are good with maintaining sectors from termination or fault. I can also click on the sp profile to see its detailed information.

A

Now I I have two search providers that are actually quite close in reputation score. I just cannot decide which one I should pick so paul. Don't no worries. We have the st head to head comparison function for you to compare every aspect of the sp side by side, so you can see the sp on the right has actually never had a secondary termination, and maybe I'll just go with that guy.

A

uh We can follow the same rationale if I were a uh lending investor looking to provide funding for sp growth, so in that case, I'll just go to the capacity growth section to see who are the fast growing sps that might need capital, and then I would check both the storage, reliability section and the gas efficiency section, as I don't really want my sps to get like slash all the time and also in the upcoming months.

A

We will also include like option reputation, metrics uh client feedback and also like client, sp interaction, features on sbrd and, most importantly, we'll incorporate deal making features on sbr. So you will be able to make deals directly with sprd soon. uh Last use case, I will just be very straightforward. So I'll just keep this succinct and in this use case I'm just like a new storage provider trying to understand.

A

What's my return profile for providing storage on filecoin and, in this case I'll just use the ri calculator and input all the network and storage onboarding assumptions, uh and then it would just populate a projected income statement over the storage providing period it can be reported either in fiat currency or in field.

A

It also shows the on-chain rewards investing schedule over the forecast period, and also this is the the prediction and the code is also open source on observable. So on top of all our products, we also publish tweets uh blogs and also research reports that address some of the most important topics of the falcon network. We provide weekly faculty network updates and also event discussions through these channels as well.

A

So please do follow our twitter accounts and also visit our website for more about my insights, and I really hope this deep dive is very useful to you and please reach out to us. Should you have any questions or any feedback, I'm on falcon slack at sylvan? uh I hope I hope all of you have a good day or like a good rest of your night. Thank you. Sylvan.

B

Thank you so much uh I mean this is just absolutely transformational. uh If you were in a web 2 context, you would never ever get this kind of data. If you were storing on a centralized storage provider right all this would be behind closed walls. It would be behind proprietary tech if you're, storing on something like aws or google cloud, but with networks like filecoin.

B

All of this data is public on the blockchain able to be analyzed and that just opens up all sorts of new use cases and possibilities, um and the starboard team is, you, know, you're, just making a lot of this data super easy to interpret and very actionable for anyone who's uh intending to use the falcon network for one use case or another. So a huge thank you to starboard and welcome to the ecosystem working group. We're absolutely delighted to have you on board.