NEAR Users per Project Challenge

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    New User Changes
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    New VS. Old Users
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    About:

    We are profoundly exploring the dynamic world of blockchain technology and decentralized ecosystems, explicitly focusing on the Near blockchain and its fascinating platform that presents a compelling story through data. Our aim is to delve into key metrics and trends that provide insights into user behavior and project performance within this thriving ecosystem. Through our detailed analysis, we will navigate the intricate web of the Near blockchain, examining the flow of new user adoption and transaction activity.

    With a sharp analytical lens, we will chart the course of user growth for the top projects within NEAR over time, employing a specific criterion that defines new users for a given project. Our objective is to identify which projects have successfully captivated the interest and participation of new users and how their growth trajectories compare to the broader expansion of the entire NEAR ecosystem. By doing so, we can uncover valuable insights into the dynamics of user adoption within this dynamic blockchain realm.

    I invite you to join me on this data-driven exploration, where I will employ a strict approach to uncover the secrets of success in the competitive landscape of the NEAR Blockchain.

    Overview
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    The week of January 16th, 2023, marked a significant downturn in new users when compared to the preceding week. During this period, there was a substantial decrease of approximately 84,600 new users.

    Conversely, the week starting on January 9th, 2023, showcased the most positive growth concerning new user acquisition when compared to the prior week. During this week, an impressive surge of 94,600 new users was recorded, highlighting a substantial increase in New user participation.

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    In the period spanning from December 6th, 2022, to August 28th, 2023, the week commencing on January 9th, 2023, stood out as the one with the highest influx of new users. During this week, an impressive 147,000 users joined a single platform on the Near blockchain for the first time.

    Over the last 30 days, 354,600 new users started their first transactions within the confines of a specific project on the Near chain. This equates to an average of 11,400 new users per day.

    It's essential to clarify that the term "new users" in this context refers specifically to individuals who have executed their inaugural transactions within the framework of a particular project on the Near blockchain.

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    In the realm of user activity, it's noteworthy that a significant proportion of both new and old users display a pattern of engagement limited to just one day.

    Among new users, an astonishing 1.29 million individuals fell into this category, implying a rather transient presence on the platform.

    Meanwhile, among the more seasoned user base, 342,000 users mirrored this trend.

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    In this dashboard, the term "old users" refers to individuals who became new users by joining a specific project on the Near chain before the year 2023.

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