Local Crypto Firms Reveal Improvements and Metrics For H1 2023

• The Philippines-based crypto and blockchain company shared their mid-year review, featuring improvements and metrics for H1 2023.
• Companies such as Stanible, CoinEx, Mintoo, Tetrix, MetaSaga Warriors, and Coins.ph saw an increase in users during the first half of this year.
• Social media presence and community members are also growing across companies, while Coins is accepting new clients and partners, and trading activity is increasing on platforms such as Coins and Mintoo.

In our recent article, local crypto-focused companies admit that, due to the bearish market, they are facing challenges such as lower revenues, fraud left and right, and even people losing faith in this new technology.

What adjustments, improvements, and metrics did these companies make in the first six months of 2023? Witness how they BUIDL and what they are doing to maximize the opportunities around them, written in the mid-year review initiated by BitPinas,

Increased User Base

Web3 application and digital collection Stanible, global crypto exchange CoinEx, non-fungible token (NFT) marketplace Mintoo, blockchain and software company Tetrix, web3 game MetaSaga Warriors, web3 game Anito Legends, and local exchange Coins.ph highlighted for user increase for the first half of this year.

Harry Santos, co-founder of Stanible, shared that the platform has amassed more than 22,000 downloads and is now generating revenue, despite only launching in February.

Meanwhile, CoinEx Founder Haipo Yang proudly emphasized how the exchange has improved its trading UI, invested in technology, and expanded its offerings. He also emphasized that through charity, marketing and social media, he gained a large number of users:

“In the first half of 2023, CoinEx experienced a surge in active users, with a significant increase in followers and engagement on a global scale.”

The same sentiment was emphasized by Coins.ph Country Manager Jen Bilango, who shared that they have embraced more Game-Fi users by launching one of their initiatives this year—their in-app web3 game platform, Coins Arcade.

Also, according to Tetrix CEO Emman Navalan, the company has observed that their DeFi wallet users have been idle during a downturn in the market, but recent improvements and the BlackRock ETF have led to a resurgence.

Focused on branding and promotion, Metasaga is seeing an increase in DAU (daily active users) and MAU (monthly active users) through monitoring via PlayFa, according to QA Specialist John Balbin.

“We have seen a 17.68% increase in Moneybees registered active users from late December 2022 to late June 2023 as a result of our aggressive drive to promote the Moneybees brand, create awareness of our products and services, and help our money services business (MSB). ) and partners of remittance agents (RA) promote their outlets online,” Jay Villarante, CEO of Moneybees Forex Corporation, shares.

While the newly launched this year is also attracting and attracting more and more users. As the saying goes, “last but not least”.

“We are pleased to share that Mintoo’s key metrics have grown substantially since our launch in late March this year. The metrics we monitor are mostly the number of users and trading activity,” Mintoo shared.

Anito Legends reported that they had over 1 million daily sessions at the end of Q2. It also has an average of 3 million sessions per week across four platforms: PC, Mac, iOS, and Android—players log in at least 12 times per day on average.

Expanded Social Media Presence

Following their recent collaboration with TikTok, web3 education platform Bitskwela reports that they have reached four million views on the social media platform, and the Crypto Education Philippines Community by Bitskwela has reached 10,000 community members.

Bilango also revealed that Coins.ph has increased its social media following on Twitter, Instagram, Facebook, and LinkedIn. According to him, the increase can also be attributed to their recent presence on Discord and Telegram.

A similar scenario is faced by Villarante, who emphasizes that Moneybees’ social media accounts have seen a significant increase in reach and engagement in the first half of this year.

Specifically, they saw a 137.8% increase in page reach and a 57.6% increase in profile visits on Facebook, a 4,600% increase in page reach and a 307% increase in profile visits on Instagram, a 25.6% increase in impressions on Twitter. , and a 158.3% increase in impressions on LinkedIn.

Client And Partner Upgrades

Additionally, Coins.ph shared that they recently launched SingSing, a sing-to-earn web3 game on Coins Arcade, which has led to an increase in GameFi users on the app. According to the company, it plans to bring more Web3 games to the platform this year.

While web3 communication company Blockceler8 said that during the first 6 months of this year, the company managed to increase strategic partnerships, successful PR campaigns and client acquisitions by 150%. The company asserts that it reaches more than 3 billion people.

On the other hand, BayaniChain experienced a significant increase in user engagement and B2B transactions in the first half of 2023. According to Co-Founder Paul Soliman, this was achieved through outreach campaigns targeted to businesses and government organizations.

He also noted that customized messaging and strategic partnerships with industry players and government agencies helped increase interest in and adoption of our tokenization and blockchain technology solutions.

For Jopet Arias, the founder of art collective CryptoArt PH, local institutions are now collaborating with them, and there is now talk of digital art and its ownership.

According to him, the collective “an important achievement this year” was when they took part in the Olongapo Zambales Art Exhibition in partnership with LGU Olongapo and DAHUYO. During events, CryptoArt PH can interact with local artists, participate in art discussions, and host panel discussions on top trends and web3.

Bicol-based metaverse-focused platform Ownly shared that for the first half of the year, they saw increased partnership offers as well as increased invitations to speak at conferences, both local and international. He also said that they have network expansion outside the Philippines.

Additionally, another startup based in five regions, SparkPoint, reported that they saw improvement in two key areas in 2023: product launches and partnerships.

Community members

“In terms of users, the bitskwela.com website reached an average of 15,000 monthly visitors this month. Combined, the entire Bitskwela community and content creator ecosystem includes over 3 million followers and community members,” Bitskwela founder Jiro Reyes shares.

In addition, BLOKC also revealed that it has been actively engaging with the developer community through online forums, webinars, and workshops during the first half of this year.

Trading Activity

Additionally, Coins.ph’s ability to list new and trending tokens has accelerated as it moves to new technology stacks, with over 40 tokens now listed and more on the way.

Mintoo also stated that with the increase in users on its platform, trading activity within the platform has also increased.

This article was published on BitPinas: Local Crypto Firm Reveals 1H 2023 Improvements and Metrics

Disclaimer: BitPinas articles and their external content are not financial advice. This team works to deliver independent and impartial news to inform crypto Philippines and beyond.