Wallchain Select Update π¦
The first 3 campaigns selection are complete. Here are some stats:
- 68 creators approved out of 30,000 applications.
That's an acceptance rate of ~0.2%. Harder than Harvard. Harder than Y Combinator.
- Lowest approved payout: $12 for 4 posts
(<10k follower account)
- Highest approved payout: $1,500 for 4 posts
(100k+ follower account)
- Almost all approved creators kept the suggested rate and didn't change pricing.
- 20% of approved creators hold at least one unlisted Quack Heads NFT
More campaigns are coming.
The next one is already 69% loaded.
Update on Wallchain Select Campaigns π¦
We know many creators are waiting for results, so here's a quick update.
The main reason the process took longer than expected is the delay with confirmations.
Here's how it works:
1. Creators apply.
2. The algorithm selects the best candidates based on audience relevance, content, pricing, and other signals.
3. Projects review and finalize the list.
4. Selected creators receive a confirmation request.
The delay happens when selected creators don't confirm in time.
In those cases, we need to go back, select replacements, and repeat the process.
That's what happened in live campaigns.
The good news:
- we're currently finalizing the remaining selections
- we'll be improving this flow at the product level for future campaigns
- upcoming campaigns will have much faster turnaround times
Our target is to finalize future campaign results within 2 days after applications close.
These are the first Wallchain Select campaigns, and we're improving a lot as we scale.
Thank you for your patience and feedback π¦
Creator campaigns used to be: "trust me bro, this creator looks good"
Now algorithms analyze audience relevance, niche concentration, and overlap.
Watch below π
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