Q1 Dapp Maret Report summarizes key data and insights in Q1 2019.
Highlights Include:
Dapp Growth and Activity
In the first quarter in 2019, a total of 504 dapps were added to Dapp.com, with Ethereum-based dapps dominated and accounted for more than half of the newly listed dapps. It shows that Ethereum is still the No.1 choice for developers to build their dapp on. At the same time, we also have seen a trend in multi-chain developing, as many Ethereum dapps expand on multiple chains, such as Ethereum + EOS or Ethereum + Tron.
In terms of the dapp activeness, 95% of the EOS dapps remained active—with 326 out of the 341 dapps had transactions in the first quarter. More than 80% of dapps that were built on the Steem and TRON networks had active users, too. On the other hand, although beating other chains in terms of dapp amount, nearly 600 Ethereum dapps were in “inactive” status without a single transaction record over the past 3 months.
Dapp Volume
The 4 mainstream blockchains remained strong in Q1 and hit a total transaction volume of $3.2 billion. EOS and TRON are the largest blockchains in dapp ecosystem—both of them processed over $1 billion transaction volume. As for Ethererum, the debate between PoS (or DPoS) and PoW will continue to center around the efficiency and suspected bot trading issue due to zero transaction fee.
User Growth and Activity
TRON dapps had more than 300,000 active users, followed by EOS dapps with around 260,000 active users. By the end of Q1 2019, the number of the wallets created on TRON mainnet has exceeded $2.3 million, among them, 15.46% were dapp users, raised nearly 1.5 fold since the beginning of 2019. Moreover, more than 80% of the TRON dapp users have used and made at least one transaction in dapps over the last 3 months.
The growth of new users was mainly driven by gambling dapps—which brought nearly 350,000 users to the dapp ecosystem. The increases of new users in games and exchanges were neck to neck, both sectors attracted around 90,000 new users in Q1.
Steem: The Steemians Are Getting Less Active
Steem dapps are not just social dapps anymore. Gaming, gambling, tools, and other Steem dapps were thriving over the Q1. The gambling dapps climbed to 94% in total transaction volume, up 104.35%.
According to data from SimilarWeb, Steemit, the largest dapp on Steem has monthly traffic of 10 million visits. But only less than 100,000 Steem's on-chain users in the first quarter. On Steem's blockchain, the “on-chain users” refers to those who have activities like transferring funds, voting, and posting content, and those activities are recorded on the blockchain.
Read the full article here.
Special thanks to STEEM Blockchain Explorer, @therealwolf and Steemapps.com
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