Research

We labeled TRON’s on-chain activity to determine if the project was doing something fishy with its native token, TRX.

Here’s how much players made (net) playing CryptoKitties, Gods Unchained and My Crypto Heroes.

We used business intelligence analysis to understand how these decentralized apps (dapps) make money, and how they pay it out to their customers. Labeling each collectible’s full transaction history revealed some pretty astounding sums:

Ontology recently joined our data cooperative, to bring more transparency to their ecosystem. The blockchain has a dual-token design that uses ONT for staking and ONG as gas. Take a look at the flow of each token below to understand stakeholders’ on-chain behaviors.

By monitoring asset flows we can gain better insight into how Tether is being created, destroyed, and used.

“The DeFi world is almost as technologically advanced as the dollar, and when it is, there will be no one who will want to accept politically manipulable currencies like dollars anymore.” ~Tim Draper, billionaire bitcoin bull.

We’d like to challenge Draper’s assumption

We collaborated with independent investment bank Canaccord Genuity to provide an overview of the blockchain analytics industry. The landscape shows all of the companies providing tools and services in the blockchain space as of May 2020. The order from left to right is “up the stack” following the usage of the solutions as they move from infrastructure to specific customer-oriented outcomes.

Earlier this week we published a landscape of our industry, with all of the companies currently servicing the blockchain space. Researching who had joined the space when, and what role they play now, revealed some interesting trends in the way the space is evolving. Here are some key takeaways.

A look back at the growth of major stablecoins since the launch of USDC

We calculated the fees that five exchanges paid to process user withdrawals on the Ethereum blockchain during the infamous Black Thursday price shock

DAI and USDC show strong global adoption with slight preference in the West; DeFi tokens seem more popular in the West than East; and Tether is most popular in Asia time zones. Below we look at hourly transaction frequency to dive deeper into user behaviors.

A look at the user activity of USDT, USDC and DAI – the three most popular stablecoins – on Ethereum.

DOGE overall health is down 17.59% in the past six months, driven by a 30.59% decline in Developer Behavior, and 12.77% drop in User Activity. Price has dropped 5.7% in the same time frame.