Polkadot scores highly on 'brand intimacy' metrics

A NEW study has been released which shows that Polkadot is a brand that is closely cherished by its community.

By PolkadotAugust 17, 2022

A new study has been released which shows that Polkadot is a brand that is closely cherished by its community.

An in-depth examination of more than 600 of the most recognized global brands, across a wide range of industries, has given Polkadot a high ranking just outside the top 100.

The Brand Intimacy Study 2022 by digital agency MBLM puts the interoperable multichain network ahead of household names such as McDonalds, Facebook, Coca-Cola, Tik Tok, Red Bull, Levi’s, Adidas and Kellog’s.

MBLM’s newly created crypto industry category lists Polkadot third out of 11 brands, coming in ahead of Ethereum, Tether, Ripple, Binance, Solana, Dogecoin, Uniswap, and USD Coin.

MBLM says its 2022 report is “a bold step forward, now leveraging artificial intelligence and big data to rank over 600 of the world’s leading brands based on emotional connection.”

The agency trawled through social media platforms, analyzing more than 1.4 billion keywords. It applied carefully chosen keywords and social media mentions to each brand, creating added context and depth.

Addressing Polkadot, the MBLM report places it behind only Cardano and Bitcoin in the blockchain space.

Polkadot’s quotient score is 43.5, way ahead of the average score for the crypto industry of 37.8. This in turn dwarfs traditional financial services, whose average quotient score is 32.1.

Polkadot’s strongest archetype is “fulfillment”. MBLM adds: “Of the consumers who write about Polkadot or DOT, 35.4% are in some form of intimacy with the brand.”

In general, MBLM noted that brand performance had increased 19% since before the pandemic, highlighting that people are connecting with brands more deeply than before.

Media inquiries: press@parity.io

More from newsroom

Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion

Acurast's groundbreaking app lets iPhone users worldwide contribute their phone's compute power to its decentralized confidential cloud network, earning rewards.

Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot

Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions.

Hyperbridge launches on Polkadot, Unlocking Secure, Scalable Cross-Chain Communication

Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More

Polkadot and SP Negócios Partner to Accelerate Blockchain Innovation and Economic Growth in São Paulo

Polkadot partnership provides free blockchain developer training program to empower companies and citizens of São Paulo, Brazil.

Polkadot launches Agile Coretime, transforming resource allocation and unlocking a new era of efficiency and scalability for the ecosystem

The Polkadot community celebrates the release of its latest major product, “Agile Coretime”, as part of the ongoing Polkadot 2.0 upgrade.

The Tie Launches Polkadot Ecosystem Dashboard on The Tie Terminal

The Tie has launched the Polkadot Ecosystem Dashboard, offering institutional clients comprehensive analytics on Polkadot-based assets, including account growth, token supply, and cross-chain interactions.

Dune Becomes the Most Comprehensive Onchain Data Hub for Polkadot’s 50+ Parachains

Dune integrates 50+ Polkadot parachains, offering real-time analytics for developers, investors, and enthusiasts.

Polkadot Official Global Training Partner of Inter Miami CF

The Polkadot community has voted to become the Global Training Partner for Inter Miami CF, showcasing the Polkadot logo on the club's training kits and within the training centre.

Polkadot Decoded 2024: Uniting Innovators in Blockchain Technology

Join us at Polkadot Decoded 2024, Polkadot's flagship event in Brussels on July 11-12. Connect with developers, investors, and industry leaders, explore the latest in blockchain technology, and attend a keynote by Polkadot creator Dr. Gavin Wood. Secure your spot for insightful talks, engaging workshops, and unparalleled networking opportunities.

Polkadot Introduces Asynchronous Backing, Paving the Way for Polkadot 2.0

Polkadot’s Fellowship has approved the successful implementation of Asynchronous Backing, marking the debut of the first significant advancement in a series of upgrades that will culminate in the much-anticipated Polkadot 2.0.

Racing into the Future: Polkadot’s Community-Driven Indy 500 Sponsorship of Conor Daly a First in Sports History

Marking a historic first in the sports world, the Polkadot community has used an on-chain community vote to select IndyCar racing star Conor Daly as Polkadot Brand Ambassador for the upcoming Indianapolis 500.