Aptos' new user growth hits 900% after integration with social media app Chingari

The Aptos blockchain has seen a surge of enactment pursuing its integration with Chingari, an India's societal media level antecedently powered by Solana. According to on-chain data, the fig of caller users jumped 900% implicit the erstwhile month, up to astir 90,000 regular on-chain onboarding. 

Chingari started migrating to Aptos connected July 6, seeking an enhanced idiosyncratic acquisition pursuing Solana's web outages successful 2022. "Solana's web downtime posed challenges, compelling america to docket galore transactions [...] Rather than allowing them to beryllium instant, to mitigate the hazard of failed transactions," Sumit Ghosh, co-founder and CEO of Chingari, told Cointelegraph.

According to Ghosh, the integration with Aptos has enabled instant on-chain features, specified arsenic virtual gifts, starring to a surge of caller users connected the societal media level successful caller weeks. It besides introduced Chingari's caller wallet, which allows users to gain tokens done engagement and contented instauration connected the platform. The earned tokens tin past beryllium utilized to extremity creators, boost contented visibility, and acquisition virtual gifts and nonfungible tokens (NFTs).

Aptos web enactment implicit the past 30 days. Source: Aptos Analytics.

Apart from the improved usability, Chingari's maturation relies connected India's 1.4 billion-people system and the booming popularity of cryptocurrencies successful the country. According to Chainalysis, India is astatine the forefront of crypto adoption successful the South Asian region.

As of July 14, Chingari accounted for 80% of each regular progressive users connected the Aptos blockchain and 50% of each state fees paid connected the network, up much than 500% from the erstwhile month. The fig of transactions had besides risen 150%, reaching astir 2 cardinal a day. Continuing astatine this pace, the institution anticipates surpassing the beingness full of Stepn, the second-largest DApp connected Solana, successful the coming days.

"If this maturation continues [...] We task that Chingari volition scope 1.25 cardinal users by the extremity of July, which is 10x faster than connected Solana, implicit 20 cardinal connected concatenation users by the extremity of the archetypal year, and a cumulative full of much than 200,000 APT paid arsenic state fees by the extremity of Year 1," estimates Ghosh.

Aptos is not the lone concatenation benefiting from DApps seeking amended on-chain show and usability crossed networks. Game steadfast Mythical Games precocious moved from the Ethereum blockchain to the Polkadot ecosystem, citing dilatory transaction speeds and precocious transaction costs connected Ethereum.

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