Chart Of The Day: Steem Has Sooo Many Dapp Users
The site Stateofthedapps.com has a unique method to make a ranking of the decentralized applications on blockchains. As they wrote, “rank is based on multiple factors including active users (…) transaction volume, developer activity, profile freshness and strength, CTRs, and user recommendations”.
Sorting by user-number
In this, seemingly a little subjective list Steemit is the first, and then we see two other Steem applications, Nextcolony, and Steem Monsters among the first ten. Allegedly, Steem apps have many users, more than others, so I watched also another ranking, sorted only by user count.
Here, five of the first ten applications are based on Steem, and all the other five, on Ethereum. Steemit is keeping its first place, the second goes to an Ethereum role-playing game (My Crypto Heroes). Then, another three Steem apps right in line. Steem platform’s leading role is undeniable in the dApps’ space.
Crypto-apples and oranges
There are other numbers like “transaction value” (money flow to dApps) of the contracts on the sites, but I think they are not suitable for comparison. MakerDAO is a finance-related system, Steemit is a complicated platform between social media, blogging and other purposes, Partiko is free, games can be very different. “Don’t compare apples with oranges.”
The truth is, and we all know that: Steem is a financial, economic disaster at the moment. The Steem price is falling, the market capitalization is shrinking, to only 80 million dollars these days. But the gap between the 80 million and the 23 billions of Ethereum market capitalization seems to be extremely large. Far too large. But Steem needs new, Steem buying users or new income sources, we know that all, too.
Another interesting fact is that in the top list you see in great number games or gambling sites. I think far more people are capable or willing to play games or gamble than, for example, blog or create creative content. Not all of us must be writers or video stars but approximately every second person or more like to play. Do you think cryptos can reach the desired mass adoption through games and gambling?
I started a series with the title “Chart Of The Day” because I see every day interesting things on the markets or in the news. Other parts here:
- Wow, Wow, How Overperforming!
- Is Voice A Success?
- We Need 14,403 Steem Blockchains More!
- How Unstable Stablecoins Can Be?
- Where Is The Chinese Miracle?
- Dominance On 2017-Level
- Are Facebook Shareholders Ignoring Libra?
- Forbid USD, It Is Used For Drug Buying!
- What Was The Biggest Fall Today?
- Is The Steem Inflation The Real Cause…?
- High Traffic Gives A Glimmer Of Hope
- Are Precious Metals Breaking Loose?
- See This Authentic Dinosaur Struggling