We have seen an overall growth in the crypto industry in the last months. Is this affecting the numbers of new account joining and engaging on Hive? The last report on new accounts was two months ago. Let's take a look how are things standing now.
Apart from the numbers of new accounts created, we will take a look how are they engaging on chain. We know that gaming is taking a large part of Hive now. How many of the new accounts are gaming, how many postings, or maybe both?
Which dApp they used for to create their account?
We will be looking into the following:
- Number of accounts created per day and month
- Who created the accounts
- Type of operations made by the new accounts
Number of accounts created
Here is the chart for the overall accounts created.
More than 60k accounts were created from the start of the Hive blockchain.
The daily average is around 193 accounts.
There was an increase in the number accounts created per day in the first months, and then a slight drop. In the last period we can see an uptrend again.
The monthly chart for new accounts looks like this.
We can see the trend form above here as well. An increase in the new accounts created at first and then a slight drop. In the last three months there is an uptrend.
Who created the accounts?
Below is a chart for the account creators in the last month, January 2021.
I believe
These five are the main creators on accounts in the last month.
What are the new active accounts doing on the blockchain?
As mentioned above, posting is no longer the only option on the blockchain. The new accounts can play various games on Hive as well, without engaging in posting at all.
There is some overlapping in the activities from the new accounts. For example, a new account can make a custom json transaction (gaming) and post as well. Maybe do some curating and transfer funds around.
Here is the chart summarizing the new accounts by the combination of operation they have made.
From the total of 6300 accounts created in the period, around 3k don’t have any activity or, 50% share.
From the 50% active, accounts making custom json operations (gaming) are on the top with 1300 account making only that operation. Then a combination of posting and custom json operation.
In total around 1500 from the newly created accounts in January 2021 made a post operation.
A voting/curating operation made around 1000 accounts, even lower than the number of posts. This might not be as surprising since the new accounts usually don’t have large stake and are not curating as much. Around 500 accounts made a transfer.
The overall conclusion from the above is that new influx of users is coming more from the gaming category than blogging. Splinterlands is dominant in the gaming sector and with these with the overall onboarding of new active users on Hive.
There is significant number of new active accounts that started gaming and blogging at the same time. This is a very attractive aspect of the Hive blockchain. We all know gaming is huge on social media.
The posting side is still active with more than 1500 accounts started posting. Will be interesting to see how this develop if Hive finally is recognized as the social media blockchain that is censorship resistant and allows creating of immutable communities, that can reward their members.
