Skynet for Community 101

Fundamental Health

Guide · 3 min read

Cover image for Fundamental Health
KYC Status

Within the Fundamental Health module, the KYC Status section signifies whether the project's team has undergone KYC verification, either through CertiK or another third-party KYC service.

For projects that have undergone KYC with CertiK, specific information is provided. This includes details such as the type of KYC badge received (Gold, Bronze, or Silver), the date of badge issuance, the number of core team members who have been verified, the geographic risk assessment associated with the project, and a timeline outlining the various stages of the KYC process for the project.

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In cases where a project has not yet obtained KYC verification through CertiK, users have the opportunity to cast their votes in support of a project's application for either discounted or free KYC verification via CertiK. The greater the number of votes a project receives, the higher the potential discount it can obtain.

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CertiK's KYC service conducts rigorous identity and background verification for project teams, adhering to stringent data protection standards. Our team of experienced investigators meticulously assesses and verifies numerous crypto development teams, awarding a "KYC Badge" to those who successfully complete our comprehensive due diligence process. This badge serves to enhance accountability and trust within project teams, while simultaneously reducing and mitigating the risk of fraud and abuse.

Project Maturity Metrics

Additionally, the Fundamental Health module encompasses metrics that gauge a project's maturity level, including the Maturity Indicator, Project Age, Token Launch Date, and a Maturity Timeline.

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Maturity Indicator: This metric assesses the project's development duration relative to other Web3 projects, providing insights into its stage of evolution.

Project Age: Project age describes a project’s average age, considering factors like the token launch date, age of social accounts, and website inception.

Token Launch Date: This metric reveals the duration since the project's token launch and the current market capitalization of the token.

Maturity Timeline: This timeline visualizes how the project's maturity aligns with the median maturity level of all Skynet projects.

Active User Geographic

The Active User Geographic feature is designed to provide users with valuable insights into a project's community dynamics, including the geographical distribution of its members and the level of community engagement. This feature tracks various metrics over the last 7 days to offer a comprehensive view of the project's community activity.

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These tracked metrics include the Total Active Users, which represents the number of users actively engaged with the project during the past week. Additionally, it monitors the total number of transactions conducted in this period and tracks the number of tokens that were transferred.

The Active User Geographic section also offers data on the timezones in which the project community is most active, providing a snapshot of when the project's members are most engaged. To enhance clarity, this information is visualized on a geographic map, allowing users to easily grasp the geographical dispersion of the project's community and gain insights into its vibrancy.