Pixie Becomes the First Blockchain App in the UK to Reach 18,000 Daily Active Users

Back on February 10, Pixie – describing itself as the world’s first fully functional SocialFi application – celebrated a notable achievement by exceeding a user count of 100,000 users and reaching 18,000 daily active users.

Pixie – a social network based on blockchain technology – has become the crypto version of giants like TikTok and Instagram. However, it plans to go a step further by adding features that allow content creators and the platform itself to share in the profits.

Being based on a transparent blockchain network, Pixie has the ability to solve a decades-old issue with the lack of balance of power between ordinary people and technology giants. It wants to do so by utilizing a more reasonable and just way to incentivize creators, including such operating within the Web2.0 and Web3.0 users.

Pixie has significantly benefited from the world’s leading research outcomes from the researchers at the University of Surrey. Additionally, the project applied dual Chain and several other innovative blockchain algorithms to enhance its performance.

As researchers in Surrey University said, Pixie will soon launch a new feature. Users of Web3.0 will be able to display their Ethereum NFT asset in Pixie and share their NFT with other users while earning PIX rewards accordingly. Pixie believes that its current social eco-system and user social behaviors will make up for the shortcomings, such as the lack of ability to share and display in the current marketplaces (e.g. Opensea).

In contrast, Pixie enables the Ethereum-based content creators to enter its eco-system seamlessly to experience an actual SocialFi experience. Moreover, the researchers have also revealed that users will soon be able to log in to Pixie using their crypto wallets signing.

About Company

Pixie is the world’s first fully functional crypto-based social network launched by researchers in Surrey University.