November 26, 2021, Kaunas, Lithuania — DappRadar, the leader for analysis and discovery of Decentralized Dapps, yesterday unveiled at a Somnium Space event, that they are to adjust their position to a full-scale Dapp store. Also, unveiled at the event was the plan to launch its own token, RADAR. Dapp Radar’s introduction of their native token will help future decentralization.
Since its launch in 2018, DappRadar has seen huge growth. They have focused on building a community based eco-system, that today gets over 4 million exclusive visitors per year. Moreover, it has over 8000 Dapps developed across 28 protocols and a portfolio management suite.
The platform offers unparalleled practical knowledge for those who wish to educate themselves on different Dapp projects. On the platform you can effortlessly track or explore the performance of Dapps and keep abreast of all the latest market movements as they happen, through token swap and NFT trading capabilities.
RADAR Token introduction
With the introduction of their native token RADAR, the Dapp store intends becoming a community-curated with an ecosystem that is self-sufficient. This of course is within the greater infrastructure of Web3 and the future of decentralization.
The RADAR token secures the potential for greater governance within the DappRadar ecosystem, to be based on transparency, publicly available statistics, and metrics, and making multi-chain Dapp discovery easy, data-led, and focused on actionable insight, whilst allowing the Dapp store to scale. Holders of RADAR will be rewarded for their contribution and involvement within the DappRadar ecosystem, with further details to be released shortly via its official channels.
Since, its inception, DappRadar’s objective has been to offer accessible information and tools for those who believe in blockchain and in a decentralized world. In an industry that grows exponentially almost daily, discovering new exciting Dapps and filtering out their strengths can be daunting to many, especially when you want to invest in or trade. DappRadar facilitates users managing their portfolios and helps them to track dApps in terms of transaction activity, token volume and active users, giving them the information to find the most valuable Dapps.
After the launch of RADAR token, users can partake in decision making processes, making them a core part of the DappRadar platform.
“We built DappRadar around decentralized apps,” remarks Skirmantas Januškas, co-founder and CEO of DappRadar. “Decentralization stands at the very core of our success and it’s only right to take it to the next level — true decentralization of DappRadar. Bringing the community closer is the only way to keep ahead of the curve and remain successful in the years to come.”
As The World’s Dapp Store,DappRadar enables users to track, analyze, and discover over 8,000 decentralized applications across 20+ blockchains, including Ethereum, EOS, and ONT, with plans to expand to others. The platform was founded in 2018 and has served the ecosystem as it found its fit into the world through the evolution of DeFi, NFTs and GameFi.