eidos transaction volume
EIDOS Transaction Volume Skyrockets According To The Latest 2019 dApp Report
January 21, 2020
eidos transaction volume
EIDOS Transaction Volume Skyrockets According To The Latest 2019 dApp Report
January 21, 2020

The transaction volume going through EIDOS decentralized application (dApp) skyrockets according to the latest 2019 dApp report.

On Jan. 20 the 2019 dApp Market report published on the latest findings. The token airdrop dApp on the EOS blockchain saw almost three times as many transactions in 2019 as all of the other dApps on nine leading platforms combined.

The noteworthy part of the statistics is that EIDIOS did not launch until 1st November 2019.

In the two months of 2019 that it was active, EIDOS racked up almost 2.4 billion transactions. For the whole of 2019, the total number of transactions registered on all DApps across the top 9 platforms was over 3.26 billion. Just 872 million of these transactions were not using EIDOS.

EIDOS Takes Down EOS

The EIDOS dApp works as a smart contract. Whenever any EOS is sent to the contract address it gets immediately sent back, along with 0.01% of all the EIDOS tokens it holds. EIDOS tokens are replenished at the address at a rate of 20 per second.

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dapp eidos

Apart from EIDOS, user numbers across the nine platforms were over double the level achieved in 2018, at 3.11 million. However, almost 90% of these users were classed as new users in 2019, with only 11% of users having also used dApps in 2018. Prior to EIDIOS release, EOS was the blockchain with the highest number of daily active users, averaging almost 80,000 people using dApps on EOS every day. Since EIDOS launched, the figure dropped by 80%, to just over 15,000 users.

Source: Cointelegraph


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Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.