Interesting information.
I really like data, and your analysis is coherent.
Of course, a problem that encompasses everyone here is user retention. It is not enough to overcome the barrier of attracting enough people for them to open an account, we still need to work on how to provide support so that they do not give up at the first front-end bug. (inside joke).
The Brazilian community has done this, although users arrive through different means (not InLeo), we have very close support and guide the new user so that they learn to walk on their own two feet. I myself have only managed to get two tickets through InLEO so far, both of them gave up. A single ticket through Ecency, which stayed for a while and then stopped. No active user has come here through me, so far!
I wrote in PT and the translation was Google.
This is useful information. What you are saying is what many of us have experienced over the years. The actualy process of 'onboarding' is slow, need individual attention, and opening a bunch of accounts doesn't accomplish anything.