Wallet/`User` Counts - 🚩A Sham and a useless measuring stick

    • The report's goal is to showcase metrics like Unique Wallet counts (often taken as unique users onboarded) for measuring the success/traction of digital assets/chains are given way too much emphasis versus their actual usefulness/worth as a metric.

    • The wallet-related metrics only tell a small fraction of the story. It is what the wallets actually do on-chain and with the DApps that is more worthwhile instead of just the plain wallet stats and counts.

    • Below pics showcasing the current state of society (Crypto Twitter)

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