RE: November '18 New STEEM Account Report
The median new accounts per month this year is 37.6. This is down from a median of 48.8K, last month as we have seen another substantial drop in the number of new users. With only 14,671 new account in November, this is the lowest month this year.
I'm going to say something very strange here…
Maybe the precipitous drop in the value of STEEM has pushed us into maximum bot saturation, to the point where it is no longer valuable to spin-up another autonomous agent to do things on the blockchain. Sure, interest has dropped like a stone in a lake thanks to the fact that the standard pitch of "you can make money" is absolutely unsustainable in the face of what's going on in the market, but there has to be some silver lining, somewhere, right?
Given that one of the reasons for the heavy layoffs at Steemit Inc. earlier this month was implicitly lay at the feet of there being simply too much activity/size of the blockchain to make sustaining the number of witness servers they had plausible, this should do wonders for staying ahead of that load, right?
The above dashboard shows details of accounts set up in October. Of the 15K new accounts, 13.71% have completed their about section in their profiles and 6.45% have added a link. Completing these fields indicate a level of the quality of the user and have a correlation with retention and these values remain consistent with last month.
It would be very useful to have trend graphs for this section. The raw, absolute numbers are ugly enough, but I suspect that looking at them over the last six months, one year, and two year periods would be more than a gut check.
Also, a breakdown of the accounts which have posted and never voted and voted and never posted in terms of how many posts or votes they've actually done would be interesting.
11,171 which is 87.5% of accounts set up in November have received delegation.
Of that number, who created the accounts which receive delegation? Who created the accounts which did not receive delegation?
It's not surprising that Steemit Inc. has been creating the bulk of accounts. That just makes sense. It's not surprising that all of the top creators of accounts using account creation tokens are all significant whales, since holding STEEM gives you the RC necessary to create account creation tokens.
It would be interesting to know how many of those new accounts are being staked at a significant level.
accounts set up that have significant delegation, including creator
Steemit inc created the vast majority of accounts with delegation
I dont have a graph for the trend on % with about complete, and yes, numbers can be ugly, will add it next time :-)
As for the silver living, being a positive person in general, I always see a silver lining, even when the data is shit
Judging from this data – it appears even I was being optimistic, and how often does that happen?
I'm deeply amused at the heavy duty new accounts with significant delegation. In a few places, you can see bot networks doing the bare minimum to try and set up obscuration chains but whoever wrote the thing in the first place just couldn't help themselves and had to have a sense of humor. I know the feeling.
In fact, it's kind of interesting to see the number of accounts which are created with delegation and then in turn create a new account with delegation in this particular report. Even with the cut off being relatively high, this is pretty significant.
I wonder what a relationship graph built off of the data going down much deeper would look like.
I found an abstraction layer for Python which puts a programmatic interface over generating SQL (called "pony" if anyone's curious) which would make wrestling with this kind of data almost tolerable for me, but I'm not sure I want to go down that particular rabbit hole again.
It's good to see that Steem Monsters is doing a fairly decent job of onboarding. Though it is one of those situations in which you have to wonder how many of those accounts belong to people who have accounts already, looking to just play more with different accounts. There is some degree of motivation in the game designed to drive that.
Oh, when I said that "the numbers can be ugly," what I meant was that the actual content of the numbers communicated an ugly story. These numbers do not create a pretty picture. I don't mind looking at columns, per se, but the interpretation… Not good.
At some point, we need to stop having more questions than answers – but I think we're a long way from that.
Sorry I didnt give you good news. But the silver lining, well maybe thats steemmonsters