What Does a Successful Blockchain Look Like? Hint: Volume Isn’t Everything

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What Does a Successful Blockchain Look Like? Hint: Volume Isn’t Everything
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A blockchain’s sales volume is not indicative of how popular or scalable it might be. So how do you know that today’s most successful NFT blockchain will still be on top three months from now? Sponsored content by WAX_io:

How do you know that today’s most successful NFT blockchain will still be on top three months from now?

, is in a position to form a considered opinion on the subject. While its volume numbers are healthy, the project’s founders are adamant that this is not a sufficient goal for an expanding blockchain ecosystem.Driven by gaming, WAX is the most highly utilized blockchain in the world, processing more than seven times more daily transactions than any other blockchain.

How many smart contracts are currently living on the blockchain? How many dapps? Most importantly, how many unique users are using the platform? As those bottlenecks widened, that’s when Web 2.0 became a thing, and those user-based metrics became the most meaningful benchmarks for any online business – and then eventually, all businesses with an online component, which is to say, everyone.

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