The preferred DApp information aggregator site DappRadar has just announced the launch of its platform token, named RADAR.
DappRadar was founded in 2018 and is at the moment based mostly in Lithuania. The corporation offers aggregated and in-depth information on decentralized applications (DApps) this kind of as transaction volume, energetic end users, and lots of other metrics.
Currently, the DappRadar site tracks above eight,000 applications across much more than 25 blockchain platforms. The most vital are Dapps information on Ethereum, Solana, Binance Smart Chain. And the platform programs to help even much more blockchains.
In addition to its power in information evaluation, DappRadar also produces accompanying utilities, this kind of as portfolio management equipment, watchlists, and so on. The platform claims to have four million yearly end users.
Notably, DappRadar also attributes a Dapp keep, which plays the very same position as the app merchants on Google Play or Apple Store.
“Centralized app stores charge a fee of up to 30% of app revenue. Meanwhile, our decentralized app store doesn’t charge fees. Dapp developers will reach more users while saving costs.”
The token launch prepare comes just months following DappRadar raised $ five million in a Serie A round. VC money that have invested in the platform contain prominent names like Prosus Ventures, Blockchain.com Ventures, and Naspers Ventures. In early 2019, DappRadar raised $ two.three million in a single seed round.
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