Kandola Network Traction Report: March 2024

By DroomDroom Team
5 Min Read

The Kandola Network, a burgeoning player in the decentralized database marketplace, has just revealed their March 2024 traction report, showcasing impressive engagement and growth metrics that are shaping the blockchain space.

Engaging the Twitterverse

Kandola Network has been making waves on Twitter with a strategic posting schedule that has seen them publish 23 tweets over one week, gaining significant engagement from the crypto community. Their least engaged tweet still garnered 163 likes and their most popular tweet exploded with over 6.7K likes, indicating a rapidly growing interest in their services.

Zealy Quests: Gamification at Its Best

The introduction of ‘Zealy Quests’ is a clever gamification tactic, resulting in 33 quests that not only engage but also educate users about the platform. Through onboarding quests, leaderboards, and airdrops totaling $1,000, Kandola Network has demonstrated a keen understanding of audience engagement.

As the Kandola Network Incentivized Testnet Program goes live, marking a significant milestone, the journey towards database democratization commences, promising a transformative shift in data accessibility and distribution.

Stellar Sales and Strategic Goals

The report boasts of 24 new customers translating to a total storage request of 1128 GB in seven days flat. Notably, the pipeline is now requesting an impressive 42,000 GB, indicating a substantial interest level that exceeds capacity by 650%, highlighting the platform’s potential for significant growth. Their current goal is to hit a 6200GB milestone for their TestNet within six months – an ambitious target that speaks to their confidence in the platform’s scaling capabilities and their commitment to managing this exceptional demand.

Publication Presence

A notable array of crypto publications featured Kandola Network’s advancements on March 15th, 2024, including heavyweights like CoinMarketCap and CoinGecko. This kind of visibility is crucial for adoption and brand trust.

Delve into the innovative Kandola Network Incentivized Testnet Program, where participants can explore the frontier of decentralized databases and contribute to the evolution of blockchain technology.

Database and Tech Prowess

Kandola Network’s technical infrastructure is predominantly MySQL, which comprises 91.1% of their database distribution. However, they plan to diversify by integrating MongoDB, Redis, PostgreSQL and other prominant databases to cater to different user needs.

A Look at the Hardware

The majority of Kandola Network’s user base opts for the DB STARTER K1 spec, which hints at a large number of users in the testing or development stages. However, there’s a noticeable demand for higher specs, indicating a segment moving towards production environments.

Responsive and Competitive Bidding

With an average of three responses per proposal, Kandola Network illustrates a dynamic and competitive pricing environment. They observe significant variance in bid pricing, which is essential for maintaining a competitive edge.

Amidst the evolving landscape of blockchain technology, the Kandola Network $KAN emerges as a pioneering force, offering a comprehensive fundamental analysis of its revolutionary Web3 infrastructure designed to revolutionize the decentralized data layer.

Listening and Improving

Kandola Network isn’t just about technology; they’re keen on user feedback. Addressing concerns around bid acceptance and workflow simplicity, they have streamlined their user experience to require only two clicks for bid acceptance, eliminating the need for an escrow smart contract interaction.

Forward Momentum

The company isn’t resting on its laurels. They have detailed several enhancements for the coming week, including user issue reporting, automated health status checks, and observability server access.

An Unstoppable Force in Decentralized Data

The Kandola Network’s March report reflects a robust and dynamic ecosystem thriving on user engagement, technical prowess, and a strong feedback loop that propels continuous improvement. 

In exploring the future of decentralized exchanges, Kandola Network’s powerful decentralized databases emerge as a pivotal force, reshaping the landscape of digital asset trading.

With a strong product roadmap and strategic marketing initiatives, Kandola Network is cementing its position as an indispensable service in the decentralized data marketplace.

Stay tuned for more updates from this exciting platform as they continue to innovate and drive the decentralization revolution forward.

Note: This article is crafted based on internal reports provided by Kandola Network and has not been made public. It offers an exclusive insight into the company’s performance and future plans.