Dive into our report, where we unwrap everything that went down in the consumer crypto landscape in 2023 — the major events, trends, and innovations that painted the picture.
1. 9 leading blockchains contributed 3.26B transactions with a total transaction volume of $10B — increased by 58.5% compared to 2018.
2. 3.11M total active dapp users (only 1.48M in 2018) and 2.77M new users started using dapps this year.
3. 1,445 new dapps entered the market, 690 from Ethereum and 411 from TRON.
4. DeFi has the most impressive user growth. The number of DeFi dapp users increased by 610% and the transaction volume has increased by 251%.
DeFi dapps are thriving in 2019. Some quick stats summarize the overall DeFi ecosystem so far:
- More than $525 million flowed through DeFi in Q3
- DeFi dapps have contributed over 58% of the volume of Ethereum dapps in Q3
- $650 million has locked in DeFi
Our future wealth manager will be on the blockchain and the DeFi ecosystem momentum excites us most!
What has changed between 2016, the year you started out and now? And what needs to be changed in the industry?
"Since 2016, the (blockchain) media still reports in a very shallow way, in a pretty shallow way of headlines and scoops, sensationalism about the space. It makes everyone works much harder to cut through that noise, really bring people the true insights about what’s going on, the good, the bad, and the ugly, in a way that is high-integrity and well-grounded in research. There were still a bit stuck."
"We also need to make much progress in regulation so that things are clear across the broad. So even progress in one jurisdiction or another isn’t of enough of the solution, we need everyone on board with how engaging in the conversation of how they wanna do things, so operators know how to design their products and given the global nature of their technology. Unlike a bank operates in a certain country, the bank knows the jurisdiction of customers, and movement of payments, the blockchain doesn’t differentiate between wallet and address necessarily which is there. So certainly we need kind of a 360 framework for people to operate the product safely and effectively."
It's brutal to fire all the employees and survives themselves / business. But guess you're right, the next move for them might be making some money from selling the product OR raise another round.
Dive into our report, where we unwrap everything that went down in the consumer crypto landscape in 2023 — the major events, trends, and innovations that painted the picture.