embeddedwallets

Base

base hitting all time highs in

>daily transactions
>weekly transactions
>weekly active wallets
>weekly new wallets

1.7 milly wallets created last week alone 😮‍💨

One feature Privy and other embedded wallet companies should advertise:

The ability to inflate chain growth metrics thanks to all the "new users"

investor, photographer, nomad, exploring onchain & exploring the 🌎 /positivesum

Yes, but it’s very low intent to create an account on an app

Each top of funnel user is now a multiple on the “new user” count

Disingenuous to treat this like meaningful growth - it’s just the same people button clicking

Sure, they should be treated as new wallets

But then why are we showing a graph up and to the right hitting ATHs for an empty metric? 

It's like celebrating page views or mouse clicks in web2