🛂Supporting Statements

Current Web3 User Base

As of recent estimates, the global Web3 user base is around 50 million to 70 million users. This includes users across various blockchain networks, decentralized applications (dApps), and DeFi platforms. Growth projections suggest that the Web3 user base could reach over 1 billion by 2030, indicating a rapid adoption rate and expanding user engagement.

Solana User Base

Solana is one of the leading blockchain platforms, known for its high throughput and low transaction costs. As of now, Solana has around 1.5 million to 2 million active users. The Solana ecosystem is rapidly growing, with a vibrant community of developers and users participating in DeFi, NFTs, gaming, and other dApps.

Projected Users Benefiting from SolOracles

Given the current user base of Solana and the overall growth of the Web3 ecosystem, the projected users benefiting from SolOracles across various case studies is grounded in realistic growth projections and the platform's potential reach. Here are the projected user numbers for each case study:

• Gaming: 1,500,000 users

• DeFi: 1,000,000 users

• Insurance: 500,000 users

• Supply Chain Management: 800,000 users

• Environmental Data: 400,000 users

• Betting Platforms: 1,000,000 users

• Decentralized Identity (DiD): 1,500,000 users

• Decentralized Autonomous Organizations (DAOs): 800,000 users

Total Users Benefiting from SolOracles: 8,500,000 users