Forkast Labs

Forkast Labs aims to provide a data intelligence platform specifically designed for the digital economy, focusing on accurately measuring and valuing the web3 ecosystem. It seeks to redefine traditional web3 metrics by emphasizing fundamentals, such as onchain development and network value, instead of just relying on price movements or trading volumes.

Forkast Labs improves upon traditional web3 metrics by addressing their reliability issues. Unlike metrics that focus on crypto price movements or inflated trading volumes, Forkast Labs emphasizes more accurate indicators like onchain development and network value. This approach offers a comprehensive view of the web3 ecosystem's economic value, moving beyond misleading financial figures.

Forkast Labs provides several benefits to the digital economy by standardizing how web3 data is discussed and evaluated. By focusing on fundamental aspects like onchain development and network value, it offers a more accurate depiction of the ecosystem's health and potential. This allows investors, developers, and analysts to make better-informed decisions, transcending the pitfalls of traditional metrics.

Forkast Labs differs from traditional financial metrics by moving beyond mere price indicators. Traditional metrics, such as stock prices, often fail to capture the broader economic context, similar to how crypto prices misrepresent the web3 ecosystem's value. Forkast Labs emphasizes fundamentals, offering insights into blockchain development and network health, making its data more relevant and reliable for the digital economy.

Crypto prices are considered inadequate for understanding web3 value because they do not accurately reflect the underlying economic fundamentals, such as onchain development or network value. Relying solely on price movements can lead to misleading conclusions. Forkast Labs addresses this issue by providing a more comprehensive evaluation methodology that considers significant ecosystem factors beyond market prices.

Forkast Labs addresses several common issues in traditional web3 metrics, such as the misleading nature of price movements and inflated trading volumes. By emphasizing fundamentals like onchain development and network value, Forkast Labs provides more accurate indicators, helping stakeholders better understand true economic growth and the digital economy's potential rather than relying on superficial financial metrics.