Steemit Crypto Academy | Summary On Homework Task, Week 5-Season 4

Background

The Homework Task Week-5(Season 4) draws to a close on 9th Sept 2021. During the last week, we witnessed as many as 38 entries.

I want to congratulate all who participated and submitted their assignments during this week.

This week we covered-- Onchain Metrics(Part-3). I hope you all now have a better insight into "using on-chain data/data intelligence as a part of Fundamental Analysis in ascertaining the intrinsic value of a crypto asset and/or predicting the price development."

Those who participated this week in Homework Task-5(Season 4) are now well-informed about Realized Cap, Market Cap, RUPL, SOPR, etc.

I hope Week 5 was productive, persuasive, informative, and educative for you all.

Steemit Crypto Academy is helping you all to bridge the gap between concept and gaining experience, particularly for naive users, thereby inducing practical intelligence. The tasks are designed & structured in a way to make you familiar with the practical exploration of a use-case(e.g., in this Task, you learned how to use On-chain Metrics). In essence, you gain real experience, and you earn as well in Steemit Crypto Academy.

I want to convey my gratitude to the Steemit Team for coming up with such an idea and organizing a team for that cause, fostering crypto literacy.

This week, we have visited all the posts that have been submitted with the correct tag( #sapwood-s4week5, #cryptoacademy). So I would request all the participants to make sure that they use the correct tags, which should be among the first five tags. And also, make sure you post in the Steemit Crypto Academy community.

Observation & Thoughts

We found 38 entries in the last week(Week-3). We have visited them all. Out of the 38 entries, 1/38 was plagiarized content, and 2/38 were not eligible.

This week we covered "How to interpret the RUPL & SOPR and how to use this indicator to predict the trend, How to find the realized cap of a coin, and How is it different from the Market cap, what is the difference between RUPL, SOPR & MVRV & their specific use to predict a top or bottom".

In the entire session, we focused on identifying an upcoming cycle top or bottom using the RUPL and how to use the upper and lower threshold of the SOPR to identify the local top or bottom. Those who analyzed by taking the numerical data and chain-linked those data with price development to find a correlation have scored better. Nevertheless, all of you have gained first-hand information and experience on On-chain metrics.

_{The simple average score for Week 5 (#sapwood-s4week5) stands at "6.73". Percentage of posts with a score below 5 stands at 7.89%.}

Organized writing and a curated directory of organized articles on the Trending page add fundamental value to Steem Blockchain & Steemit Crypto Academy. It's a continuous process, and we must evolve as organized authors every day/every week through such Tasks/assignments.

This week we found 1 out of 38 entries as spam/plagiarized content. We have zero tolerance for spam/plagiarism. So any such act(or repeating such act) would diminish your potential in Steem Blockchain. We would request all such users to follow the path of hard work.

We observed that most users did not explore the spent and unspent output using a Block Explorer to calculate SOPR, Realized Value, etc. Further, some of the users did not compare with the historical upper/lower threshold of the RUPL. Always use Block explorer to explain and calculate the realized cap of a UTXO based coin.

Always go through the rules/guidelines/deadline before submitting your assignment.

I would like to highlight a few areas which need to be addressed.

(1) Presentation:-

Screenshots (Either too small to make it readable, or not adequately outlined/emphasized)

• In a practical task that involves analysis/comparison, you always have to provide a lot of screenshots. At times your article becomes heavy and too noisy. So you should always capture a screenshot that is needed for the subject, neither too much nor too little. You should crop and adjust the outer edges to bring the readers' attention and becomes visible & readable.

• Always outline and emphasize the specific areas so that it takes less effort for the readers/curators to decipher.

• If you are using different styling techniques, make it consistent with its style and color.

• Any watermark or your username on the screenshot should not be too big.

• Proper alignment of the screenshot renders a professional touch.

Repetitive/Redundant Words or sentences

Always try to avoid redundant words/sentences; redundant words obstruct flow and cause a distraction for the readers.

Proofreading
Before hitting the submit button, I would also request that you read it at least once/twice. At the final stage of your writing, you must go for one round of proofreading to surface out the misspelling and grammatical errors. It was a significant issue for most of the users. Please take it seriously; it will enhance the structure of your content to make it readable, succinct. You can take the help of the Grammarly app for proofreading.

Proper Formatting
Proper formatting is essential to make your content more organized, your content might be good, but you need to learn the skill of presentation to make it more attractive. That always wins the attention of the reader at first sight. Use markdown styling to present it professionally. If you do that on a day-to-day basis, you also evolve as a professional blogger in the long run.

(2) Consistency & Compliance

It's more about assertion and correct reasoning, which makes your research, analysis, and understanding comprehensive to make it a true representation/response to the subject.

The reasoning should also be attached to chain link your understanding of the subject.

For instance, when you analyze & calculate the Realized cap, you must also explore the unspent & spent output using a Block Explorer, must practically calculate the realized cap of a particular UTXO.

(3) Quality of Analysis

When you develop a relationship with a dApp/tool or a use-case(by gaining sufficient user experience), you jerked into the reality of the variants, precisely confounding variables.

Further, your research, analysis, understanding, and practical exposure to such variables will help you conclude the common mistakes; that will ultimately help you appropriately demonstrate them, making you a more reliable author.

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The level of engagement is abysmal. We want our participants to visit others' posts, produce insightful comments, and make it an interactive session. At present, only the professor is interacting with the participants. The student-to-student interaction is missing. We can't build an interconnected web and better content discovery without engagement. I request all of you to visit other's posts in Steemit Crypto Academy.

Statistics & Evaluation

Here is the stat of the 38 entries in Homework Task-5(Season 4)

Total Entries- 38

Total nos of posts with a grading/rating below 5= 3

We have evaluated all the entries based on the following parameters:-

• Proper representation of a task
• Whether covered all the sub-parts of an assignment or not
• Comprehensive understanding of the subject backed with proper analysis/FA model wrt on-chain metrics & price correlation
• Consistency/Compliance/Reasoning
• Proper formatting
• True representation of the text/subject(with illustration/screenshot)
• Quality of Analysis
• Grammar/Spelling
• Free of Spam/Plagiarism.
• Adhering to the laid rules or not
• Proof-Reading
• Original content

Of the 38 entries, I found the following three as the best entries this week.

S No	Author	Post Link	Remarks
1	@dharamps	Link	The author has produced a well-organized article, precise and straight to the point & with a practical approach, in line with the requirement of the Task.
2	@jehoshua-shey	Link	The author has produced neat & clean content, noise-free content, kept it precise in line with the requirements of the Task.
3	@emiliomoron	Link	The author has done justice to the Task with a practical approach and with real examples in line with the requirement of the Task.

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_{NB- Selection of a winner may not be absolute; most of the time, it is based on relative performance. As long as you focus on all the sub-parts of Homework Task and gain sufficient user experience, include real examples & analysis, you stand better to win it.}

Conclusion

We all are committed to creating an enriched communication environment, organizational interactions, etc., which is a precursor to building a foundation of crypto literacy. The correct information and education should percolate down the line, and the PoB will come along to reward you(extrinsic motivation).

We will try our best to structure a task to draw real-life experiences and motivate you for sustained attention to the task/academy. The participants should also reciprocate according to the Task requirement, mainly if it demands a real trade/transactions/experience. Healthy participation and effective discussion are key to the overall success of the Crypto Academy.

We will also try to reinforce the principle of collectivism/democracy (but always based on performance) through the crypto academy.

The crypto academy is also an avenue to learn to reason and to find & explore the passions and talents of the users in this ecosystem.

Gain as much user experience as you can. But always be your own. Don't hesitate to write what you have understood(even if you are wrong); We will make corrections if needed. The most important thing at the end of the day is what you learned.

The take-home message-- Develop a relationship with dApp/Exchange/tool(or as the Task demands), Learn, Experience, Perform an actual Trade(if required), Analyze; then submit your assignment. That's the ideal path to economic advantage(upvote) & crypto literacy.

Thank you.

Cc:-
@steemitblog
@steemcurator01
@steemcurator02

Unless otherwise stated, all the images, infographics, charts, tables, etc. (if any) are my original works.