Month in Review: October 2024
Introduction
Hello BULBers, welcome to October’s Month-In-Review!
Similar to last month, we have been super busy building the BULB Mobile App and we are on-track to release the BULB Mobile App in November / December 2024. This will be another relatively short release, with the focus being on more sneak peeks on the mobile app.
Let’s dive into it!
Consistent Platform Activity As Usual
Latest BULB Leaderboard
Our platform activity and user base has remained steady at ~54,000 users, with the core users still being very active on BULB, sharing their content and engaging with each other. This is great to see as this indicates that our core user base is as strong as ever.
We have recently come across an interesting research from a16z regarding crypto, and apparently, there are over ~600 Million crypto holders, of which only ~10% actually use crypto other than trading and investing purposes. Then of these ~10% of the crypto population, that is, ~60 Million users, less than 1% are actually do-to-earn users. This means that around the world, there are only ~600,000 users who would actually be interested in using BULB as a Write-to-Earn and Read-to-Earn platform.
Naturally, it might feel like that there just aren’t many writers and readers who are Web 3.0 native, and that’s because there literally aren’t any, and the majority of Web 3.0 writers and readers would have already joined BULB.
Thus, we deeply treasure the community that we have built together, and feel very confident that it will only grow as Web3 social media emerges as a brand new category amongst consumers.
BULB Mobile App Latest Sneak Peek
Now onto the BULB Mobile App, we have an internal beta version that we have been testing and fine tuning, so here’s a few selected screenshots of what it looks like right now…
BULB Mobile App Beta - Sign-In
BULB Mobile App Beta - Home Page
BULB Mobile App Beta - Wallet
At one glance, you will see that the BULB Mobile App has 5 key functions, including BULB Blogs, BULB Threads, Scan, Search and Wallet. Scan and Wallet are essentially the core new features of the BULB Mobile App, designed to empower the user to sign-up and sign-in with just one click, as well as enabling the user to store his or her private key at the mobile device, essentially transforming the mobile device into a cold storage.
Ultimately, BULB Mobile App is designed with a Web 2.0 ethos where it is ultra simple and user-friendly, while retaining all the core Web 3.0 elements and philosophy, especially with regards to decentralisation, do-to-earn and self-custody.
We are super excited for the official BULB Mobile App release, so continue to stay tuned for it!
Rewarding Amazing Users on BULB
Finally, we would like to take this opportunity to congratulate the following newly Certified BULB Users:
@cryptoturk has been consistently creating high quality, valuable and entertaining content to the BULB Platform, as well as being active community members from supporting other writers to suggesting new ideas and sharing insightful thoughts. For that, the BULB Team is grateful for your contributions!
Final Remarks
That’s all for this release!
We will continue to keep building and fine tuning the BULB Mobile App, as we are set to officially launch our product in November / December 2024. We are super proud of the tight community that we have built together, and let us continue to march forward and popularise the concepts of Write-to-Earn and Read-to-Earn.
See you in BULB’s Mobile App next time, BULBers!
- BULB Team
