After the gap of two weeks of lackluster growth, finally the community has witnessed growth in the engagement. As the #hive prices started picking up the engagement seems to have picked up again.
However, Active users reduced by another 6% from last week but the engagements increased this week.
In the last week platform witnessed a significant activity in terms of engagement. One of the important project which contributed to the growth of the engagement was #pobtalk.
This initiative is started by @vempromundo.pob and is comparatively new. However, the action was seen. Out of the total engagement on the #pob platform #pobtalk contributed to 10.50% of the total interactions, which remained almost same as the last week. However, the engagements were at record high on 6th July on POBtalk.
The community growth report based on the parameters, reveals that in absolute numbers the community is obviously growing but the % growth has now started stabilizing.
My previous five reports on the community growth are available for reference here
Above graph is the comparison of performances in these five weeks.
The biggest and the most important number for the POB community was the interactions. The engagements decreased over last two weeks, but in this week, engagements started increasing. It registered the growth of close to 21% over the past week.
As the community grows, engagement per user decreases. It is a simple maths. The denominator increases faster than the numerator. Since last couple of weeks the engagement per user was going down, however this week it has reached the all time high level of 10 engagements per user.
Based on the above numbers it is quite evident that the community has now entered the consolidation phase.
In coming weeks, the impact and engagement may have a different perspective. As the community grows in users, their behavior is likely to change based on the tokenomics.