NEAR Monthly Active Users(MAUs)

    Introduction🚨

    NEAR Protocol is a decentralized application (dApp) platform and Ethereum competitor that focuses on developer and user-friendliness. Its native NEAR tokens are used to pay for transaction fees and storage on the Near crypto platform. NEAR is a Proof-of-Stake blockchain that uses sharding technology to achieve scalability.

    NEAR Protocol is a smart contract capable, public Proof-of-Stake (PoS) blockchain that was conceptualized as a community-run cloud computing platform. Built by the NEAR Collective, NEAR was designed to host decentralized applications (dApps), and strives to compete with Ethereum and other leading smart contract-enabled blockchains like EOS and Polkadot. NEAR’s native token is also called NEAR, and is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators.

    NEAR Protocol is focused on creating a developer and user friendly platform. To accommodate this mission, NEAR has incorporated features like human-readable account names as opposed to only cryptographic wallet addresses, and the ability for new users to interact with dApps and smart contracts without requiring a wallet at all.

    Projects building on NEAR include Mintbase, a non-fungible token (NFT) minting platform, and Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and more.

    db_img
    Goalâš¡

    We will conduct an in-depth analysis of one of the key factors of NEAR Protocol - its user base. Our focus will be on exploring the monthly active users (MAU) on the NEAR blockchain and identifying the most popular projects associated with these wallets. Additionally, we will assess the on-chain performance of these projects and the types of actions being performed on NEAR Protocol since its launch in 2020.

    In order to gain a broader perspective, we will also compare NEAR's MAU growth and activity with that of Aurora chain in 2023.

    db_img
    db_img