FLASH BOUNTY: FLOW Wallet Dominance

    Question : Show the landscape of wallets on Flow right now, like Dapper, Blocto, lilico, etc. Display metrics such as: overall number of users, comparison of NFTs traded by wallet, market share dominance, etc. What are active wallets doing more broadly? Help us get a current understanding of the expanding ecosystem of Flow wallets

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    ==Conclusion of the first part==

    In the first chart section, we can see that Blocto is compared to 479 million of the most valuable wallets.

    Most addresses on Blocto and Dapper show more interest in USDT than Flow token.

    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 instead of Dapper. One of the reasons is that Liliko is a Non-Custodial wallet and you don't need authentication and it provides more privacy for the user.

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    FLOW ?

    Flow is a second-generation blockchain that seeks to create a suitable infrastructure for the blockchain-based token market and games. This blockchain provides the basis for fast and low-cost transactions; Without the need to use sharding techniques. The story of the formation of this blockchain is that Dapper Labs faced a challenge on its previous blockchain. This challenge was caused by congestion on the company's blockchain. For this reason, the officials of Dapper Labs decided to create another new blockchain to transfer their games and other interactive experiences to.

    What distinguishes Flow from other blockchains?

    Blockchain Flow has created a great capacity for many applications and games that have been developed in recent years. For example, new games have been designed in the world in which blockchain can be a way forward. Game designers try to use blockchain to convert in-game items into unique tokens and sell them to game users. In this way, every user becomes the real owner of the items in the game by purchasing the token. Flow token or digital currency is defined for this exact purpose. In addition to the fact that Flow digital currency can be used inside games and programs, they can also be traded outside of them.

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    FLOW WALLETS

    What is a wallet?

    Flow Wallets are applications that give access to your Flow accounts, allow you to send and receive funds, and enable you to interact with Flow applications.

    What features do wallets provide?

    A variety of wallets are available. Most commonly, they allow you to …

    • Create Flow accounts
    • Read address, balance, and transaction history
    • Transfer tokens from one account to another
    • Display NFTs and discover NFT collections
    • Authenticate with Flow applications
    • Send transactions

    What types of wallets exist?

    A wallet is only a tool to manage your Flow account. You can manage your account from different wallets.

    A wallet is build for a specific platform:

    • A hardware wallet is a physical device that lets you keep your crypto offline
    • A web wallet allows you to manage your account through the web browser. It is either integrated into a website or into your web browser itself. Web browser wallets need to be installed separately (Chrome, Firefox, or Opera)
    • A desktop wallet allows you to manage your account on your computer (macOS, Windows or Linux)
    • A mobile wallet makes your account accessible on your mobile device (Android or iOS)

    Wallets come in different ownership models:

    • Some wallets will require you to be the “Custodian” (aka “non-custodial”). With that, you have the responsibility to securely store your private key, which is used to control your Flow account. If you lose your key, there is no-one that can retrieve them for you.
    • Other wallets are “custodial”. In that case, the secure account storage is handled by the wallet provider on behalf of the account owner. You will create an account with login credentials - very similar to traditional web applications. If you forget your account credentials, you can reach out to the customer support of the wallet provider to retrieve your account.

    What wallets can I choose from?

    There are different Flow wallets you can choose from. They all serve the same purpose, but each one takes a different approach, supports different features, and makes different tradeoffs.

    • Blocto

    • is a custodial web, iOS and Android wallet

    • Ledger

    • offers hardware wallets

    • Dapper Wallet

    • is a custodial web wallet

    • Lilico

    • is a non-custodial web wallet focused on NFTs

    • Finoa

    offers a institutional-grade custodial wallet

    ==FIRST PART==

    1 Total sum token lilico 4 blocto tokens value

     2   total sum Dapper tokens value                                                  5 lilico tokens value
    
       3   tot6al sum blocto tokens value                                                    6 Dappers token value
    
                                                                     7 total created wallets  dominance
    

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    second part

    1top flow wallet users

    2 top 5 flow nft purchasers of each wallet provider

    3 top flow wallets tx

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    Conclusion of the second part

    According to the graphs in part two, the JoyRide wallet is the most popular of all wallets.

    Also, by comparing the transactions in the wallets, it can be concluded that the most transactions were transferred in Dapper with 72.8 million dollars.

    Blocto paid the most of any wallet, paying $2.5 billion According to this chart, Dapper Wallet had the most daily transactions in September with an average of 60,000 transactions per day.

    By looking at the daily chart, it can be seen that on the 7th, 14th, 21st and 28th days of Shahrivar, the transaction of Blockto wallet increased and these transactions are repeated every week on the seventh day of the week.

    conclusion

    -Dapper have most daily transactions with 40K average transaction per day -most of the transaction is related to the blocto