Copy of Bayes Theorem - Web3 Games

About this model

This diagram models the user flow and interactions within a Web3 game, focusing on the demographics of players and their engagements, specifically revolving around Non-Fungible Tokens (NFTs). It uses Bayesian statistics to estimate the likelihood of a player being a "Fun Seeker" given they have sold an NFT. The diagram categorizes players into two main groups: "Fun Seekers" and "Crypto Enthusiasts," both of which can potentially sell NFTs. Through automatic gate distribution and targeted resources flow, it dynamically simulates the distribution of new players into these categories, along with the transition of some players into NFT sellers within each category.

As the system iterates, various probabilities are recalculated to reflect the changing landscape of the game's player base. These calculations include the prior probability of a player being a "Fun Seeker," the likelihood of a "Fun Seeker" selling an NFT, the overall probability of observing an NFT sale, and the posterior odds of a player being a "Fun Seeker" post observing an NFT sale. By inputting real game data and running this simulation over multiple steps, the model provides valuable insights into the composition and behavior of the game's community, assisting in strategic decision-making regarding game design, marketing, and community engagement strategies.

"Copy of Bayes Theorem - Web3 Games" is a public Machinations diagram shared in the Community by Tiago F. Cavazin Fitcash, with 42 components.

It was created in August 2024 and last edited in August 2024.

Open the diagram in the Machinations app and press Play to watch the resources move, adjust its values to test how the system responds, or remix it to make an editable copy in My diagrams.