Axelarators Telegram Group and Ecosystem X Account: 6-Month Program Renewal Proposal

Project Name:

Axelarators Telegram Group and Ecosystem X Account: 6-Month Program Renewal Proposal

Description:

Interlinked DAO comprises a dedicated cohort of Axelar community members and ICO participants, united by a shared conviction in the potential of interchain technologies and a steadfast commitment to Axelar’s prosperity. Our mission leverages the extensive professional expertise of our members in cryptocurrency community cultivation and engagement. We aim to empower the Axelar community to self-organize and emerge as a significant force in education about Axelar’s vision and achievements.

Date: 8 July 2024

Contact Name: Nelson

Discord Username: Nelseens

Grant Amount: 82,000 AXL (6 months, August 2024 - January 2025)

Grant Breakdown:

Approximately 38% of the rewards will be used for community engagement initiatives.

Approximately 62% of the total rewards will be used for funding Interlinked DAO for the next 6 months to run:

  • Axelar Ecosystem X Account
  • Axelarators Telegram Group

Project Description:
Our trial period will conclude successfully at the end of July, and Interlinked DAO has brought significant value to the Axelar community by achieving goals laid out in two approved community proposals, more information can be found in the Axelar community forum posts governance section (https://community.axelar.network/c/governance2/33) :

  • Axelarators Community Owned Telegram Group and X (Twitter) Account Proposal / Proposal Date: February 6th
  • InterlinkedDAO: Axelar Ecosystem X/Twitter Proposal / Proposal Date: April 16th 2024

Given InterlinkedDAO’s success during our initial preliminary periods, as highlighted in the forum posts above, we aim to continue educating about Axelar and empower the Axelar community to self-organize and to increase awareness about Axelar’s significance in cross-chain communication and the interoperable future of web3… Our mission is to continue our ongoing activities, such as managing the Axelar Telegram and Ecosystem Accounts, for another 6 months.

Impact:

Axelarators Telegram Group: By continuing to develop a self-organized community, more members have become engaged community members for Axelar, participating in brainstorming ideas and discussions about the future and potential improvements for both the protocol and the community itself. This engaged community voice plays a crucial role in educating others about blockchain interoperability and fostering new participation. This is especially important now, as many projects are trying to raise their community voice. It is important to educate a broader audience about cross-chain communication and Axelar technology to enhance understanding and awareness. Ensuring that community members are well-informed helps maintain a knowledgeable community presence. Interlinked DAO has a demonstrated history of nurturing an active Axelar community and has successfully presented two practical use cases. The Axelarators Telegram group has outpaced the official Telegram group in daily member engagement, and we’ve reached our milestones and KPIs.

Axelar Ecosystem Account on X:
InterlinkedDAO’s takeover of the Axelar ecosystem account has elevated the account’s quality, inherently adding value to the Axelar community and all ecosystem projects building on Axelar. Additionally, we’ve created a unique brand and style that matches Axelar’s recent rebrand, keeping messaging consistent. InterlinkedDAO has demonstrated that, without direct interaction with the Axelar team and builders, we can successfully highlight the ecosystem with completely decentralized operations. Meanwhile, the Ecosystem account has been a significant success.

Goals, Milestones, & KPIs:

Goal 1: Maintain and grow the Axelarators Telegram community.

KPIs: Achieve a membership growth of 2000 members by the end of 2024. Engage with more vocal community members to improve the quality of the Telegram participation. Continue to run and self-organize community competitions, aligning with Axelar’s roadmap, development and ongoing activities.

Goal 2: Continue to foster a community-owned Axelar Ecosystem X account that supports the Axelar ecosystem and interacts with builders and projects building on Axelars. Keep sharing valuable information about the ecosystem activities as well as top quality content for Axelar.

KPIs: Maintain activity levels as per the previous Ecosystem Account proposal: InterlinkedDAO: Axelar Ecosystem X/Twitter Proposal - #3 by interlinkeddao

Deliverables, Milestones, & Timeline:

We propose to continue operating both the Axelarators Telegram Group and Axelar Ecosystem X account given the success of the initial trial period. At the end of each quarter, we’ll produce a short report for both initiatives summarizing activities, feedback, and statistics.

Risks:

There’s a possibility that the continuation of the Axelarators Telegram group and Twitter account may not achieve the desired level of active participation and engagement from the community. Our initial trial period they indicated that participation can be affected by individuals primarily interested in rewards rather than genuine engagement. To address this, we will ensure fair distribution of funds to engaged and active members, ensuring their contributions are meaningful and minimizing the risk of farming. Additionally, we’ve implemented tools like Guild to prevent sybils as much as possible.

Motivation:

We’re deeply connected with the Axelar community and are enthusiastic about continuing our contributions. Our experiences with Axelarators and the Ecosystem account have only increased our motivation to become even more key contributors to Axelar’s future.

Bio & Past Work:

Interlinked DAO has secured two community grants and successfully executed the goals and KPIs provided. Additionally, we’ve proven to be key members of Axelar’s community, contributing significantly to various initiatives. With the renewal of both programs, we expect to strengthen our relationships further and be a core part of the community.

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Q3 2024 Update: Axelarators Telegram Group and Ecosystem X Account by Interlinked DAO

We’re excited to share our progress on the Axelarators Telegram Group and Axelar Ecosystem X Account for Q3 2024 (July - September). Below are key highlights and updates.

1. Axelarators Telegram Group

Growth & Engagement:

  • Membership Growth: The group has grown by 25%, adding 275 new members, bringing the total to 1,375.
  • Engagement: Daily interactions average 309 messages, with discussions focused on Axelar’s technology, community initiatives and token sentiment.
  • Competitions: We are actively running monthly competitions to boost participation, and we are currently in Season 7 for October.
  • Quizzes: Weekly quizzes on Axelar are held every Tuesday at 2 PM UTC, helping community members deepen their understanding of the ecosystem.

Impact:

  • The community actively contributes to protocol discussions, and members are consistently participating in our events and quizzes to enhance their knowledge.
  • We’re on track to meet our goal of 2,000 members by year-end, with an increase in meaningful engagement and improved moderation to minimize spam accounts.

Reward Distributed

At the time of writing this report, we have been able to distribute the total of 21,050 AXL rewards for the month of July and August to active community contributors and quiz winners.

  • July 2024, community contributors received 13,500AXL and weekly quiz winners 550AXL.
  • August 2024, community contributors received 5,500 AXL and weekly quiz winners 1500AXL in total.
  • At the end of September 2024, the total reward of 5,900 AXL will be made available for community contributors and weekly quiz winners. That will bring to total reward distribution for 3 months to 26,950 AXL

2. Axelar Ecosystem X Account

Key Metrics (July 1 – Sept 30, 2024):

  • Posts: 82 posts (60.8% increase)
  • Impressions: 209.53K impressions (78.5% increase)
  • Profile Clicks: 1.23K clicks (128% increase)

Top Posts:

  1. Ripple on Multichain Podcast
  • Likes: 204 | Bookmarks: 15 | Quotes: 3
  • Impressions: 26.9K | Engagements: 390
  • Profile Clicks: 103 | Engagement Rate: 1.4%
  1. Welcome to the Ecosystem MultichainX
  • Retweets: 13 | Likes: 105 | Bookmarks: 5
  • Impressions: 17.8K | Engagements: 815
  • Profile Clicks: 304 | Engagement Rate: 4.6%
  1. Interswap Testnet Live
  • Likes: 63 | Bookmarks: 2 | Quotes: 1
  • Impressions: 9.4K | Engagements: 133
  • Profile Clicks: 33 | Engagement Rate: 1.4%
  1. Analyst Estimates Asset Tokenization at $30 Trillion
  • Likes: 58 | Bookmarks: 2 | Quotes: 3
  • Impressions: 6.7K | Engagements: 111
  • Profile Clicks: 23 | Engagement Rate: 1.7%

Additional Achievements:

  • Ecosystem Threads: We have written three ecosystem threads, aiming for one per month, to highlight top ecosystem initiatives. These threads have helped spotlight key developments and partnerships within the Axelar ecosystem.
  • Amplifying Projects: We’ve creatively showcased milestone updates, amplifying the efforts of projects building on Axelar, while featuring initiatives from the main Axelar account and Multichain podcasts.
  • Throughout, we’ve maintained a consistent extension of the Axelar brand, ensuring our content aligns with Axelar’s voice and mission while presenting it in a creative and ecosystem-driven way.

Both initiatives have shown significant progress and engagement in the community. We look forward to building on this momentum and appreciate your continued support!

InterlinkedDAO

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