DappRadar pivots business model to DApp store with native token
The Lithuanian service will launch its utility token to support Web 3.0 governance on the platform, though its expected launch date is undisclosed. DappRadar, a popular platform that provides analytics and portfolio tracking for the decentralized application (DApp) and nonfungible token (NFT) markets, has announced an upcoming company restructuring to a decentralized business model, in addition to releasing a native governance token, RADAR.Founded in 2018, the site currently boasts over 4 million global users, 600,000 of which are uniquely active on a monthly basis, as well as playing host....
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Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, according to defi insight platform Dappradar. In its Dapp Industry Report: Q3 2021 Overview, Dappradar states that the importance of these new activities in the crypto industry rose dramatically, making the space more diversified and competitive in the process. Defi also got a boost with platforms like Solana and Terra maturing to accommodate more projects.
Dappradar: NFTs and Play-to-Earn Were Key During Q3
NFTs and play-to-earn games were very important for the industry during the last....
DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar. DApp transaction volume has topped $270 billion so far in 2020, with 95% of this figure belonging to Ethereum’s DeFi ecosystem, according to DappRadar. That’s an astonishing 1178% increase from last year’s total of $21 billion.The blockchain data provider revealed the figures in its annual DApp Industry Report today, summarizing the highlights and failures of a record-breaking year for DApp-based economics. The report noted that money has been flowing from BTC to ETH throughout the....
Backed by AC Ventures, God Temple features the artwork of celebrity artist Pat Lee, who did stints for DC and Marvel comics God Temple, an NFT game, is launching its token sale on 2nd August on Balancer Liquidity Bootstrapping Pool, and introducing the “play-to-earn” model utilizing its native token MYTH and the game token SOUL. […]
Listing On Noteworthy CEXs Opens Floodgate For Revuto User Acquisition Blockchain startup Revuto, a platform that enables users to manage and pay for subscriptions using cryptocurrencies easily, has announced the listing of its Cardano-native REVU token on top-tier centralized exchanges KuCoin and Gate.io. Starting January 7, 2022, retail investors can purchase the token through either of these platforms and be a part of the Revuto community. Revuto is the first dApp on Cardano, designed to leverage Cardano’s native tokens and DeFi solutions to help users pay for their subscriptions and....
For the last few months, I have been grappling with a gut feeling that somehow Ethereum’s smart contract-based distributed application (dapp) model has a different dynamic to that of hardwired protocols like bitcoin or Ripple. This week that feeling has crystalized into a semi-coherent thought. Hardwired protocols do not have a separation of concern between the protocol and business logic. The same set of protocol designers, software developers and miners control how the emergent distributed autonomous organisation (DAO) functions. It’s different for dapps – there is a clear separation of....