FLASH BOUNTY: FLOW Wallet Dominance
Introduction
Flow is a blockchain-based decentralized ecosystem and platform with scaling solutions for interactive experiences, decentralized application projects, and blockchain-based games. The Flow network focuses on providing a scalable environment and architecture for fast transactions without congestion, to create an environment for non-fungible tokens, dApps, and games. NFTs can be created and traded as well as other cryptocurrencies, while the crucial difference is that every NFT is unique and has a different price, which is why NFTs are known as collectibles.
Flow has its own project on the network, NBA Top Shot, and as the NFT market is booming, Flow could experience rising popularity as well. Flow offers upgradable smart contracts that can be patched to fix any bugs, a finality that is achieved in seconds, and an easy way to build dApps and create NFTs with Flow’s easy-to-learn programming language, Cadence.
Flow resolves problems with scalability seen on the Ethereum platform without the use of sharding, instead of employing the efficient Proof of Stake protocol. That is how Flow enables the smooth running of operations and minimizes congestion on the network for dApps and blockchain games such as CryptoKitties.
In this dashbord we are going to analyze the landscape of Flow Wallets
in this section we are going to analyze Blocto , Lilico, Dapper Wallets
- We are going to Analyze :
- Wallet share dominance by active addresses and value ?
- Daily & Weekly active user of each wallet ?
- Types of activity by wallet ?
Wallet share dominance by active addresses and value



It can be seen that Blocto is the most valuable among the compared wallets with 495 million.
Most addresses on Blocto and Dapper show more interest in USDT than Flow token. 437k of blockto value is made up of USDT and also 129k of dapper value.
But on the other hand, almost 100% of Liliko wallets prefer to use FLOW token over other currencies.
Users tend to hold tokens in Lilico rather than Dapper. One of the reasons is that Lilico is a Non-Custodial wallet and you don't need authentication and it provides more privacy for the user.
Daily & Weekly active user of each wallet
According to the charts above, we can see that Dapper had the most transactions with an average of 40,000 transactions per day
In the second week of October, the ecosystem experienced a huge transaction volume of 350,000. Also, this week we had the highest amount of transactions on October 12, 2022 with a total of 84 thousand transactions. On October 11th, we saw a huge jump in transactions on Dapper, reaching 77k transactions And in the first week, we saw the most transactions in Dapper, which is equal to 334.7k transactions And the most Blocto wallet transactions were done on October 5, 12, 19, 26
Types of activity by wallet
The chart above shows the interest of users in Dapper wallet, which has a total of 680,000 transactions
The sale of NFT and NFT stocks like CardStaked is also significant with a total amount of 29.5 thousand In the Blocto chart, it can be seen that NFT mining and also the price offer for them are very popular among addresses.
Users using the Dapper wallet are more willing to exchange assets for fiat money.
overall Conclusion
Blocto is the most valuable among the compared wallets with 495 million. Users tend to hold tokens in Lilico rather than Dapper. One of the reasons is that Lilico is a Non-Custodial wallet and you don't need authentication and it provides more privacy for the user. Dapper had the most transactions with an average of 40,000 transactions per day The interest of users in Dapper wallet is high, a total of 680,000 transactions have been made Users using the Dapper wallet are more willing to exchange assets for fiat money. The most common transaction activity of regular and active wallets is centred around minting NFTs.