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The graph shows daily users at about 150-200 The only cryptocurrency "apps" with meaningful users are the exchanges like Coinbase or Binance with millions of u
by paulsutter 8y ago
The graph shows daily users at about 150-200
The only cryptocurrency "apps" with meaningful users are the exchanges like Coinbase or Binance with millions of users. The actual ethereum dapps have basically zero usage.
- flyingfences 8y agoHow do you measure "daily users" in this context, though? Prediction markets are often looking way out into the future. Someone may place a bet one day and then not log in to check the next day, but that doesn't mean that he is no longer "using" the market.
- polezo 8y agoWhile I agree many of these apps have their values overly inflated if you look closely at their usage, I think measuring web 3 apps with web 2 metrics like DAUs is a bad premise. Most of these services arent replacing social networks or content providers, but are instead providing financial instruments (which users spend a high amount of value on, but don't necessarily use every day.) Augur may not have a high volume of pure users but there's still a decent amount of money on the line in markets at any given time (1.1 million in USD, at time of writing, according to https://predictions.global/ https://predictions.global/)