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People criticise the crypto space as being a 7/24 casino, high risk, etc. They read articles with randomly selected combinations of words such as scam, hacks, money laundering, high volatility, and so on. In fact, Bitcoin has been declared dead 473 times at the time of this writing but we are here to stay.

Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times

Every industry in the world has malicious participants (Madoff ponzi, Volkswagen Dieselgate, Lehman 2008 to name a few). This does not mean that we should ignore the shortcomings of our space. Instead, we should focus on why does crypto get such a bad rep? We believe part of the ignorance stems from blocking people from accessing data in an intuitive way and making informed decisions.

Web3 is riddled with complexity, filled with an abundance of data, protocols, and technical jargon that often intimidates users. Traditional solutions require a high level of technical expertise, leaving the average person struggling to access the benefits of blockchain technology. These include preset dashboards (which are not flexible enough for a space that is growing this fast) or data solutions that require you to pull data programmatically. This means that many people are missing out on the opportunity to participate in the decentralised world simply because they do not understand the technical language or the lack of flexible tools required to interact with on-chain data.

<aside> <img src="/icons/thought_pink.svg" alt="/icons/thought_pink.svg" width="40px" /> Let me give an example.

Meet Alice and Bob.

Alice stumbles upon this cool idea of decentralised exchanges and wants to be part of it by buying Uniswap Token. A basic analysis would simply require looking at active users of Uniswap against the UNI price. So now Alice needs to download the number of active Uniswap users and UNI token price into Excel and measure the correlation. As Alice lacks any skills beyond Excel, she asks her programmer friend, Bob, to assist her in analysing data. Essentially, Bob has two options, either he fires up his favourite language and tries to get data directly from the blockchain or uses pre-existing tools/APIs to query the chain. If Bob chooses the first path he spends even more time finding the appropriate libraries, contracts, etc. to get the data or realises that in the second path, he cannot download the data for more analysis.

Even this trivial task turns out to be incredibly time-consuming and frustrating to navigate the complex technical landscape of the Web3 space. Requiring technical tools like SQL, JS, Python, and even then, often requires payment. This means that many people like Alice are excluded from participating in the Web3 space, not because they lack the desire, but because they lack the technical know-how.

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In order to better understand how the “Alice”s and “Bob”s in the community face difficulties, we conducted a survey with 600+ potential users and 50+ calls that showed that the average person lacks basic Excel skills, let alone SQL or Javascript.

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That's why we developed our data pipeline, AI models, and execution engine which abstracts the complexity of the Web3 space, making it easier for all users to interact with on-chain data and smart contracts. With Polya, you can finally unlock the true potential of a decentralised world without the need for technical expertise or expensive tools.

Join us in our mission to create a more decentralised, democratised, and innovative world, one command at a time!

<aside> <img src="/icons/backward_green.svg" alt="/icons/backward_green.svg" width="40px" /> What is Polya?

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<aside> <img src="/icons/forward_green.svg" alt="/icons/forward_green.svg" width="40px" /> Who is Polya?

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