At @DappRadar we're always excited to analyze the dapps numbers. This time we went through some of the most popular Social dapps, with @PeakD and @Hiveio blog included. When there are arguments about who's better, we'd always try to look at the numbers to have a better overview and to better understand the reality.
Please find below some of the key takeaways we have discovered in our Social Media 2020 - Flash Report.
Key Takeaways:
- Daily active users grew by 60% in the social category in May across all protocols when compared to January 2020
- Steemit is losing its leadership position in the social dapp category with a decrease of almost 40% in daily active users
- 609% growth in daily active users on the Hive protocol
- Major contributions from dapps released or migrating to Hive
- Hive Blog has gathered popularity and on average has more than 1.5K daily active users
- The WAX blockchain dapp Karma has increased daily active users by 7%
PeakD
Peakd launched on the Hive blockchain on March 20th, 2020 as a version of the Steem dapp SteemPeak. Since launching, Peakd daily active users on Hive have grown to a daily average of around 1.3K.
Steemit
Steemit runs on the Steem blockchain and redefined social media by building a living, breathing social economy – a community where users are rewarded for sharing their voices. Steemit has seen a drop in daily active users by 40% in May and a decrease in value of 57%. However, it currently still stands as the number 1 social dapp on DappRadar.
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