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androidsixteen
@androidsixteen.eth
One feature Privy and other embedded wallet companies should advertise: The ability to inflate chain growth metrics thanks to all the "new users"
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Erik
@eriks
also signals high levels of curiosity w new onchain apps
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androidsixteen
@androidsixteen.eth
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
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Erik
@eriks
lot of this, and also lot of net new agree they shouldn’t be treated as “new users” but they absolutely should be treated as new wallets bc that’s what they are
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androidsixteen
@androidsixteen.eth
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
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Erik
@eriks
i don’t agree w it being “empty”, again i think it indirectly shows more apps are coming onchain, and in this case specifically on base curious your take on transactions also at ath
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androidsixteen
@androidsixteen.eth
I think your take is correct - there are a lot more apps on Base, and the same users are transacting across them (and creating new embedded wallets). Eg. Scoop, Moshi, etc.
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