Tomasz Tunguz (Theory Ventures) · 2022-09-06
· 1367d
Web3 User Behavior Mirrors Web2 Finance Apps: DAU/MAU Analysis
Web3 users exhibit identical engagement patterns to Web2 finance application users, with DAU/MAU ratios of approximately 11% across NFT and DEX platforms. Despite technological differences, user behavior remains consistent regardless of infrastructure, suggesting Web3 marketing strategies should leverage proven Web2 discovery methods.
Metrics in this report
Combined Ethereum DAU/MAU
11%
mean
NFT and DEX combined usage
Ethereum DEX DAU/MAU
16%
August 2022
Decentralized exchange trading
Ethereum NFT DAU/MAU
9%
August 2022
Non-fungible token trading
Monthly Active Web3 Users
30000000users
approximate
global Web3 ecosystem
Web2 Finance Apps DAU/MAU
10.7%
mean
Web2 finance applications per MixPanel