Analysis

The "Soulbound Tokens Minting Activity" section of our dashboard provides crucial insights into the adoption and utilization of the "I Am Human" Protocol on the Near Blockchain. In the observation period, the number of users minting these unique proof-of-personhood tokens has ranged between 15 to 60 a day, indicating steady interest and engagement with the protocol. Notably, we've also witnessed certain spikes in activity with over 100 tokens minted in a single day, suggesting periods of heightened enthusiasm or promotional events within the community. Cumulatively, we have recorded 2,300 wallets that have successfully authenticated their proof of personhood and received a Soulbound NFT. This signifies a healthy level of traction for the protocol within the Near ecosystem. When we delve into the wallet creation timeline, it's evident that the "I Am Human" Protocol is triggering fresh engagements. Approximately 50% of the wallets that have redeemed these NFTs were created within the first week of their minting. This is a strong indication that the protocol is not only retaining existing Near Blockchain users but also attracting new ones. The remaining half of the wallets that redeemed these NFTs have a more distributed timeline, ranging from 2 weeks to as much as 138 weeks prior to token redemption. This shows that the protocol also appeals to long-standing users of the Near Blockchain. Looking at the type of tokens minted, the fractional "I Am Human" token represents the vast majority of minted tokens. No other token types have seen substantial minting activity with no single type being minted by more than five users. This dominance underscores the primary role the "I Am Human" Protocol plays in the current Soulbound token environment. This data indicates a promising trajectory for the "I Am Human" Protocol, showcasing its capability to drive both new user adoption and engagement from established users on the Near Blockchain. As we move forward, we anticipate further developments and increased interest in the use and minting of these novel Soulbound tokens.

Proof of human (SBTs) on NEAR