Introduction

In the ever-evolving world of blockchain technology, NEAR Protocol stands out as a dynamic ecosystem teeming with innovation and growth. With the introduction of new contracts at an astounding pace, particularly towards the end of 2022 and into 2023, the landscape of the NEAR ecosystem is continuously expanding and diversifying. In this analysis, we delve into the most prominent contracts that have recently emerged, capturing the attention of users and significantly contributing to the expansion of the NEAR ecosystem. To evaluate the success and impact of these contracts, we will examine key metrics such as daily active wallets by contract, asset volumes flowing through the contract, the number of repeat users, and the influx of new users attracted to the NEAR ecosystem by these innovative contracts. Join us as we uncover the driving forces behind the flourishing NEAR ecosystem and identify the trailblazers that are shaping the future of decentralized applications and services.

Methodology

In this dashboard I am going to be focusing on three tables near.core.fact_actions_event, near.core.fact_transactions, and near.core.fact_transfers. I will be looking at near.core.fact_actions_event in order to determine what contracts have been depolyed recently, and I will be looking at near.core.fact_transactions to see what those contracts name are and how they have been interacted with in the ecosystem over the last several months. I will also be using the near.core.fact_action_events table to determine what type of events users are invovled in when they are using these contracts. Finally I will use the near.core.fact_transfers table in order to observe how many and in what volumes NEAR is being transfered to these contracts. From this data I will be able to determine what contracts have been the most popular and what the means for how they have preformed over the last couple months.

What is NEAR?

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. To learn more about NEAR click here

New Contract Usage