Twitter and Instagram are not the only companies plagued by bots. A report highlights that 40% of the activity on crypto platforms is derived from bots. The report analyzed over 60 platforms and games and found over 200,000 crypto bots.
Jigger, a crypto company that deals with bots in Web 3.0 games, performed the analysis.
Web 3.0 Plagued By Crypto Bots
Levan Kverkveila, the co-founder of Jigger, reveals how the analysis for the report was performed. Jigger detects bots and multi-accounts by linking wallets belonging to the same person. A specific algorithm and graph technology help in linking the wallets.
Kverkveila highlighted the Tiny World game. He tells that Tiny World is a Top 3 game on the BNB chain. Graph analysis of the game shows that 80% of its users are bots. He also reveals that paid services also have bots.
Levan also revealed other platforms that have bot issues. Mobox, one of the Top-2 gamefi platforms on BINANCE has more than 55% bots. Biswap DEX, a cryptocurrency exchange, has 13,000 bots due to a referral service.
