Hive gambling category daily wallet activity increased by 24%

in GEMS4 years ago

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Gambling dapps were the very first products that were launched on the mainnet. From one side, gambling dapps are simple and quick to make. Conversely, it’s difficult for gambling dapps to sustain a loyal audience. This is because users are always on the lookout for new and potentially profitable opportunities.

Gambling dapps are concentrated on the Ethereum, EOS, and especially the TRON blockchains. However, ThunderCore, Steem & Hive have just recently joined the trend. Currently, we track more than 1,000 dapps in total for the Gambling category.

With this review, we aim to review the current trends and data in the Gambling dapps category.

Previously the battle occurring between Hive and Steem after the hard fork was discussed a lot. It is quite obvious now, that Hive not only won the fight but is also presenting stable growth in the gambling category since May 2020.

In August, Hive increased daily wallet activity by 24% and Steem decreased by 39% when compared to July 2020. The dapp that helped to deliver great results for Hive is Krypto Gamers.

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With regards to value, the Steem protocol has been witnessing a drop since June, whereas the Hive protocol has steadily increased quarter on quarter.

In August Steem decreased by 80% and Hive increased by 87% compared to July 2020. KryptoGamers is a common dapp on both protocols. However, its performance on Hive is quite amazing in both daily activity and volume in Hive.

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[Read our full report where we cover current trends and data in gambling category across the different blockchains - Ethereum, EOS, TRON and ThunderCore.] [https://dappradar.com/blog/q2-gambling-dapps-ecosystem-report]