MetaMask Predictive Market Performs Moderately in Its First Month, User Base and Trading Activity Fall Short of Expectations
Since its launch, MetaMask's predictive market product has not received the market response as expected. Data shows that the number of daily active users attracted during the initial operation phase is quite limited, roughly between 300 and 400 users, which is significantly smaller compared to mainstream trading platforms.
More notably, trading volume is also a concern. Although predictive markets are a new and attention-grabbing sector, the nominal trading volume for MetaMask's related business line has only reached $700,000, indicating that market participation is still in the exploratory stage. This performance reflects that user acceptance of the product still needs improvement, or that the predictive market vertical has not yet formed a sufficient market consensus.
It is worth considering that in the increasingly competitive predictive market sector, how to improve user stickiness and trading activity is a key issue MetaMask needs to address. Current data suggests that the platform is still in the cold start phase, and subsequent operational strategies and product optimizations will directly impact its market performance.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
MetaMask Predictive Market Performs Moderately in Its First Month, User Base and Trading Activity Fall Short of Expectations
Since its launch, MetaMask's predictive market product has not received the market response as expected. Data shows that the number of daily active users attracted during the initial operation phase is quite limited, roughly between 300 and 400 users, which is significantly smaller compared to mainstream trading platforms.
More notably, trading volume is also a concern. Although predictive markets are a new and attention-grabbing sector, the nominal trading volume for MetaMask's related business line has only reached $700,000, indicating that market participation is still in the exploratory stage. This performance reflects that user acceptance of the product still needs improvement, or that the predictive market vertical has not yet formed a sufficient market consensus.
It is worth considering that in the increasingly competitive predictive market sector, how to improve user stickiness and trading activity is a key issue MetaMask needs to address. Current data suggests that the platform is still in the cold start phase, and subsequent operational strategies and product optimizations will directly impact its market performance.