Apos Blockchain Integration with Cingari Leads to Surge in New Users
The integration of Apos blockchain with Cingari, an Indian social media platform, has resulted in a significant increase in new users. According to on-chain data, the number of new users jumped 900% over the previous month, with nearly 90,000 onboarded daily. The integration was initiated after Soana, the previous platform powering Cingari, experienced network outages in 2022.
Key Points:
- Cingari sought enhanced user experience following Soana’s network downtime.
- The integration with Apos enabled new on-chain features, leading to a surge in new users.
- Cingari introduced a new way for users to earn tokens through engagement and content creation.
- India’s booming economy and the increasing popularity of cryptocurrencies contribute to Cingari’s growth.
- As of July 14, Cingari accounted for 80% of daily active users on the Apos blockchain and 50% of gas fees paid on the network.
If the current growth rate continues, Cingari projects to reach 1.25 billion users by the end of July, surpassing SepN, the second-largest decentralized application on Soana. Additionally, it anticipates over 20 million on-chain users and more than 200,000 AP paid as gas fees by the end of the first year.
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Hot Take
The integration of Apos blockchain with Cingari has proven to be a game-changer, attracting a significant number of new users and showcasing the potential for DApps seeking improved on-chain performance and usability across networks. With India at the forefront of crypto adoption in the region, Cingari’s growth is poised to continue its upward trajectory.
