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Which projects and project types in the NEAR ecosystem generate the highest gas fees, have the most users, and exhibit the highest transaction per user rates?
In this data analytics exploration, we will delve into the NEAR labels table provided by Flipside. With the newly added labels, our objective is to uncover insights about specific projects and project types within the NEAR ecosystem. We will focus on three key metrics: gas fees, user count, and transactions per user.
By analyzing the data, we aim to identify the projects and project types that generate the highest gas fees, attract the most users, and exhibit a high number of transactions per user. This analysis will shed light on the most impactful areas within the NEAR ecosystem, providing valuable insights for developers, investors, and stakeholders.
Near Protocol is a decentralized, open-source platform for building decentralized applications. Gas is the cost incurred in order to execute a transaction on the Near Protocol network. Similar to other blockchain platforms, gas is used to compensate validators who process and validate transactions. Users on the Near Protocol are individuals or entities who interact with the network by sending or receiving transactions, deploying smart contracts, and participating in decentralized applications. The network provides a high degree of flexibility and scalability, making it a popular choice for developers looking to build decentralized applications.
"Aurora Faucet" stands out as the project with the highest gas fees, indicating significant activity and transactions. Among the project types, "ecosystem" exhibits the highest gas usage, suggesting a wide range of activities within the NEAR ecosystem. The dominance of project types like "dapp," "education," and "defi" in the top gas-consuming categories highlights the importance of decentralized applications, educational platforms, and decentralized finance within NEAR. Gaming and NFT projects also contribute to gas consumption but to a lesser extent. These findings provide valuable information for understanding the resource utilization and areas of focus within the NEAR protocol.
The project "sweat" emerges as the most popular, with a significantly higher number of users compared to other projects. This suggests a strong user base and potentially high user activity. Among project types, "dapp" leads in terms of user count, indicating the popularity and adoption of decentralized applications on the NEAR protocol. Additionally, the presence of projects related to centralized exchanges ("cex") and decentralized finance ("defi") highlights the significance of trading and financial activities within the NEAR community. The diversity of project types attracting users showcases the multifaceted nature of the NEAR ecosystem and the various ways users engage with different project categories. These findings provide insights into the user distribution and preferences within the NEAR protocol, aiding in understanding user adoption and platform growth.
The project "zed run" stands out with an exceptionally high number of transactions per user, indicating a highly active and engaged user base. This suggests that users of "zed run" are actively participating in frequent transactions, potentially related to gaming or virtual asset interactions. Among project types, "education" emerges as the category with the highest transactions per user, highlighting the importance of educational activities within the NEAR ecosystem.
This suggests that users engaging with educational resources are actively exploring and interacting with the NEAR protocol. Additionally, project types such as "ecosystem," "gaming," and "defi" also demonstrate relatively high transaction rates per user, reflecting the diverse range of activities and interests within the NEAR community.
Overall, these insights shed light on the intensity of user participation and the types of projects and activities that drive transactional engagement within the NEAR ecosystem.
The project "NEAR Crowd" emerges as the leader in terms of repeat users, indicating a strong and dedicated user base. This suggests that the project has successfully created an engaging experience that encourages users to return and participate on an ongoing basis. Among project types, "education" stands out with the highest number of repeat users, highlighting the significance of educational initiatives in fostering user loyalty and continuous engagement. This suggests that users who engage with educational resources are more likely to become repeat users, indicating the importance of knowledge-sharing and learning within the NEAR community. Additionally, project types such as "defi," "dapp," and "gaming" also demonstrate a considerable number of repeat users, emphasizing the appeal and retention potential of these categories. Overall, these findings underline the importance of creating compelling and educational experiences to attract and retain users in the NEAR ecosystem.