NEAR, The past month has witnessed a significant increase in daily active user activity. This increase is largely attributed to the recent launch of e-commerce app Kai-Ching.
NEAR reported a record number of daily active addresses, with transactions exceeding 3.2 million and nearly 900,000 active wallets. This huge increase in user activity was primarily due to the Kai-Ching app, which launched in late August and has since attracted approximately 1.6 million monthly active users.
Kai-Ching is used as the stablecoin of Cosmose AI, a venture-backed company that uses artificial intelligence analytics to track in-store customer traffic and engage with consumers online.
In early 2023, Cosmose AI will be available to users with low transaction fees. cryptocurrency It had partnered with NEAR to develop a payment system that allows customers to shop with.
As part of this partnership, NEAR Bakfi invested an undisclosed amount in Cosmose AI, valuing the company at $500 million.
Currently, this blockchain payment system is available and can only be used in Singapore.
*This is not investment advice.
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