Formo, The Data Analytics Platform for Onchain Apps ft. Founder Yos Riady
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About This Episode
In this episode of DevNTell, Narb welcomes Yos Riady, the founder of Formo, to discuss the challenges of data analytics for on-chain applications and how Formo provides a simplified solution. Yos shares his background, from working at companies like PayPal and Chainlink Labs to identifying a critical gap in the Web3 ecosystem: the difficulty of tracking and understanding user behavior across off-chain and on-chain activities. Formo addresses this by combining traditional product analytics with wallet intelligence, enabling developers to build sophisticated conversion funnels and user profiles with minimal code. The platform features an AI-powered query interface that allows non-technical users to derive complex insights from their data simply by asking questions.
Key Takeaways
Web3 teams struggle with data analytics because they have to juggle multiple tools that only provide partial views of the user journey.
Formo simplifies this process by integrating off-chain and on-chain data into a single platform that can be set up in minutes.
The platform offers unique 'wallet intelligence,' providing context on users' net worth, active dApps, and typical behaviors without compromising anonymity.
Formo's AI assistant allows users to query data using natural language, translating questions into SQL to generate readable reports.
Yos Riady predicts a 'super cycle' of new on-chain applications as infrastructure matures, making robust analytics increasingly critical for developers.
Featured Guest
Yos Riady
Founder @ Formo
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