Sneak Peak At SimpleID’s Next Release

SimpleID is focused on not only keeping up but exceeding expectations. So, it is with great excitement that we reveal a sneak peak at our upcoming release.

The tech world moves fast. Crypto moves faster. SimpleID is focused on not only keeping up but exceeding expectations. So, it is with great excitement that we reveal a sneak peak at our upcoming release. But first, let’s talk about what went into planning and executing this update.

Over the last six months, we have spoken with founders from the biggest companies in Web3 all the way down to the newest startups in the space. Side-projects and multi-million-dollar-backed startups. We’ve learned the pain points across the entire ecosystem from countless phone calls, Zoom meetings, live demos, and emails. We’ve taken that information and iterated on our product over the last few months, but we’ve always known there would need to be a big change to accommodate some of the biggest challenges in the space. Well, it’s time for that big change.

We set out to solve a few key problems. Those problems included:

  • Identifying Sources of Wallets used for Deposits
  • Existing Segment Operations Improvements
  • New Segment Operations
  • Proxy Contract & Event Logs Statistics
  • UX / UI Changes

The ability to identify the source of deposits, withdrawals, and transfers is especially important to protocols that may not have a front-end of their own or may have a front-end but allow for others to connect directly to their contracts. This data will help those protocols better understand how their smart contracts are being used. It also opens the door for better insights across the board. Being able to know how and where wallets interact across the chain can help companies make better product decisions.

Our existing segmentation is powerful, but it was at times confusing and at times slow. We are improving in both areas. By listening to each new block as it is created, we can better serve our customers up-to-the-block data. This makes for less processing time on the backend for us and less waiting on the frontend for our customers.

We’ve learned how important proxy contracts are to many applications and protocols. As such, we want to support segmentation based on proxy contracts as soon as possible. We had a few specific segment options we wanted to unveil here:

  • has smart wallet
  • has specific proxy contract
  • has multiple proxy contract (i.e. multiple front ends)

Those filters provide a ton of power. They can help identify users that are not necessarily interacting directly against a main contract.

Another area we received a lot of feedback on was event logs and internal transactions. Thanks to the way proxy contracts work, getting information about internal transactions and understanding specific methods called within a contract is incredibly important. We will be supporting this all through a variety of significant architectural improvements.

These changes don’t just power the specifics outlined above, but they will power some additional features that customers have been clamoring for. Here’s a quick list of some of the functionality SimpleID will support as a result of this upcoming release:

Automatic Segment Updates
 e.g.:  – add and remove wallets to segments as they fit criteria

Asset Price Conditions
 e.g.:  – if gas prices are too high, send notification to inform users transactions might be slower

Time Based Conditions
 e.g.:  – send weekly, monthly performance reports on portfolio or feature updates

Automatic Communications
 e.g.:  – send in-app or email message when CDP is undercollateralized

Realtime Insights
– where is the money for my smart contracts flowing in from or flowing to
 – where users are coming from and going to
 – how many transactions does a wallet conduct on product
 – frequency distribution on wallet asset value
 – how much total money is flowing in/out daily/weekly/monthly

Analytics aren’t just a visual aid. They are the tool that drives your business forward. With SimpleID, we provide the best in class analytics specific to user segmentation AND we enable you take action on that information. Coupling the analytics updates mentioned throughout this post with our existing communications tools creates a product that will absolutely supercharge your crypto company.

Samantha Brown

Author: Samantha Brown

A writer on SimpleId.

26 thoughts on “Sneak Peak At SimpleID’s Next Release”

    1. SimpleID utilizes advanced blockchain analysis algorithms to trace and identify the sources of wallets used for deposits. By leveraging data from various decentralized sources, our platform can provide reliable and accurate information regarding wallet origins. We understand the importance of transparency and security in the crypto space, and we have designed our system to meet those needs. Feel free to reach out if you have any more questions!

  1. Wow, I’m so excited to see what SimpleID has in store for us in their upcoming release! It’s great to see a company that is dedicated to staying ahead in the fast-paced tech and crypto world. I appreciate the effort they put into gathering feedback from various sources to solve the key problems. Can’t wait to experience the improvements in the UI/UX!

  2. I’m really impressed with SimpleID’s dedication to keeping up with the fast-paced tech world. It’s great to see that they are not only meeting expectations but exceeding them. I can’t wait to see what their upcoming release has in store!

  3. I’ve been following SimpleID for a while now and I’m really impressed with their commitment to innovation. It’s great to see them staying ahead of the game and addressing the pain points in the industry. Looking forward to the upcoming release!

  4. Wow, this upcoming release sounds really promising! It’s great to see that SimpleID is actively seeking feedback and input from the community. Can’t wait to try out the new features and see how they address the pain points in the space. Keep up the good work!

    1. These changes will greatly improve the user experience for SimpleID’s upcoming release. With our focus on exceeding expectations, we have made sure to address pain points and implement key improvements. The ability to identify the source of deposits, withdrawals, and transfers will provide users with transparency and trust. The UX/UI changes will enhance the overall visual appeal and usability of our product. We believe that these updates will create a seamless and user-friendly experience for our users.

  5. What specific improvements are being made to the UX/UI? Will it be more user-friendly?

    1. Hi tech_enthusiast123, great question! In our upcoming release, we are making significant improvements to the UX/UI to make it more user-friendly. We have redesigned the interface to enhance ease of use and streamline navigation. Additionally, we have implemented new features based on user feedback to provide a more intuitive experience. We are confident that these changes will greatly enhance the overall user experience. Stay tuned for more details!

  6. I think the SimpleID team is doing an amazing job by actively seeking feedback from the industry leaders and startups. It shows their commitment to understanding the pain points and improving the product. Looking forward to the upcoming release!

  7. It’s impressive to see how SimpleID is actively working to address the pain points of the crypto space. Looking forward to seeing the upcoming release and the improvements in identifying sources and the UX/UI changes.

  8. This is great news! SimpleID is really stepping up their game by addressing the key problems faced by the crypto community. The ability to identify sources of wallets used for deposits is crucial for protocols without a front-end. Looking forward to the upcoming release!

  9. Wow, this upcoming release sounds amazing! I love that SimpleID is focused on keeping up and exceeding expectations. Can’t wait to see the new UI changes and all the improvements they’ve made. Great job SimpleID!

  10. Wow, SimpleID’s dedication to staying ahead of the game is truly impressive! This sneak peak is definitely getting me excited for the upcoming release. Can’t wait to see the improvements in identifying wallet sources and the UX/UI changes. Keep up the great work!

  11. I’m really excited to see what SimpleID has in store for their upcoming release! It’s crucial for platforms in the crypto space to constantly adapt and keep up with the fast-paced tech world. The ability to identify the source of transactions and implementing UX/UI changes will definitely address some of the challenges in the space. Looking forward to the big change!

  12. Wow, it’s amazing to see how SimpleID is constantly striving to exceed expectations in the tech world! Can’t wait for the upcoming release. The improvements they’ve made based on feedback from various companies and startups show their dedication. Keep up the great work!

  13. Sounds like SimpleID is really taking the lead in the crypto world. I can’t wait to see what improvements they’ve made in their upcoming release. Kudos to them for addressing key issues and making the user experience even better!

  14. Wow, I’m really impressed with SimpleID’s dedication to staying ahead of the game. It’s great to see them taking the time to gather feedback from various players in the Web3 space. I’m looking forward to seeing the improvements they’ve made. Keep up the good work, SimpleID!

  15. I am really looking forward to the upcoming release! SimpleID has always been dedicated to staying ahead in the crypto world and this sneak peek just proves it. The team’s efforts in addressing key problems such as identifying wallet sources and UX/UI changes are commendable. Can’t wait to see the big change!

  16. This update sounds promising! It’s refreshing to see a company that is dedicated to exceeding expectations and staying ahead in the fast-paced tech world. I’m excited to see the improvements in identifying sources of wallets and the new segment operations. Can’t wait for the release!

  17. Can you please provide more details about the UX/UI changes? I’m curious to know what improvements are coming in the upcoming release.

    1. Sure, EmmaJohnson! In our upcoming release, we have made several UX/UI changes to enhance user experience. We have revamped the overall design of the platform, making it more intuitive and user-friendly. Additionally, we have improved the navigation system, making it easier for users to explore and access different features. We have also introduced new visual elements and animations to make the interface more engaging. Overall, these changes aim to make using SimpleID a seamless and enjoyable experience for our users. Hope you’ll love it!

  18. As a crypto enthusiast, I must say I’m thrilled to see what SimpleID has in store for us in their new release! It’s great to see a company that is not only keeping up with the fast-paced tech world, but also exceeding expectations. Looking forward to experiencing the improved UX/UI and the new segment operations. Keep up the great work, SimpleID!

  19. Wow, I’m really impressed with SimpleID’s dedication to exceeding expectations. It’s great to see that they have taken the time to gather feedback from industry leaders and make necessary updates to their product. Looking forward to the upcoming release and the improvements it brings in identifying sources and UX/UI!

  20. Wow, this is amazing! It’s great to see that SimpleID is actively seeking feedback and working on resolving the pain points of the crypto ecosystem. I can’t wait to experience the new features and improvements in the upcoming release. Keep up the good work!

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