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What is DappRadar (RADAR)?
DappRadar is a data collection and analysis company that tracks over 3,500 decentralized applications (dapps) on multiple blockchains including Ethereum, TRON, EOS, WAX, Steem, HIVE, etc.
DappRadar is also the largest dapp analysis tool and acts as a channel through which dapp users, researchers, journalists, analysts and investors can easily access possible market data. Take action and make informed decisions.
Users can rate dapps through user and volume filters allowing for quick discovery and analysis of the most used dapps. Likewise, dapp developers can take the platform and use it to reach new users through the industry’s first developer console.
What problem was DappRadar created to solve?
There is no tool that aggregates all decentralized applications and provides access through a single interface. There is no single reliable source that accumulates all relevant data points that provide users with a complete market overview and thus help them make informed decisions.
Key users are still relying on the traditional Web2 engine of app stores to guide and shape their content consumption habits.
Casual users still expect a largely image- and browser-based discovery experience.
Similarly, the existing dapp aggregation projects, mainly led by the community, have not been successful in providing a comprehensive market overview nor creating a user-friendly product for mass adoption. .
In traditional digital distribution, user acquisition is one of the key factors for success. With decentralized applications, running successful user acquisition campaigns is a big challenge.
There are a few key reasons why attracting new users is such an obstacle in this space:
- Firstly, the traditional app stores mostly block dapps. This ban on decentralized apps is mainly because these providers are not able to implement their proprietary payment solutions and therefore charge commissions and app store fees, up to 30 % of app revenue.
- A niche marketing campaign is a commonly used tactic to attract users, primarily through influencers and content marketing targeted to a smaller audience.
- However, the limited audience and patchwork nature of these types of campaigns make it difficult and expensive to scale marketing efforts and engage mass audiences.
How did DappRadar solve these problems?
Thanks to the first-mover advantage, DappRadar has become the leading Dapp store. DappRadar has brought the familiar discovery mechanics from traditional app stores into the crypto space and combined them with dapp-specific metrics, such as daily active wallets, trading volume, and price. floor. Measures originally introduced and pioneered by DappRadar have become the standard today. By combining them with app store discovery features that the average consumer is familiar with, DappRadar introduced decentralized applications to users, allowing dapp discovery to be simple and familiar. .
DappRadar has become the biggest source of traffic for dapps, drawing more than 1.5 million users into decentralized apps every month. Therefore, it is the only destination in the crypto space to allow users to get on at scale. Dapp developers appreciate engaging crypto-savvy users at DappRadar.
In addition, good performance on the DappRadar leaderboard has become a
a primary target for many dapp developers due to the size, inclusivity, and reputation of the platform. DappRadar-certified dapp performance attracts interest and builds credibility, and in turn drives more traffic to developers’ decentralized apps.
Basic information about RADAR token
- Token Name: DappRadar
- Ticker: RADAR
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0x44709a920fccf795fbc57baa433cc3dd53c44dbe
- Token Type: Utility, Governance
- Total Supply: 10,000,000,000 RADAR
- Circulating Supply: 496.523,184 RADAR
- Team and shareholders: 25.25%
- Treasury: 24.75%
- Initial Airdrop: ten%
- Community: 40%
Token Release Schedule
What is RADAR token used for?
- Payment for services on the platform
- Access to Premium content
RADAR token storage wallet
RADAR is an ERC20 token, so you will have a lot of wallet options to store this token. You can choose from the following wallets:
- Floor wallet
- Popular ETH wallets: Metamask, Myetherwallet, Mycrypto, CHK Wallet
- Cold wallets: Ledger, Trezor
How to earn and own RADAR token
Buy directly on the exchange.
Where to buy and sell RADAR tokens?
Currently, RADAR is traded on many different exchanges with a total daily trading volume of about 705 thousand USD. The exchanges that list this token include: Sushiswap, Crypto.com, Huobi Global, MEXC, XT.COM, Hoo.com, Uniswap, BKEX, Digifinex.
Roadmap of DappRadar project
What is the future of the DappRadar project, should I invest in RADAR token or not?
DappRadar is a tool for aggregating and analyzing data from Dapps. Recently DappRadar held an Airdrop for users. Through this article, you must have somewhat grasped the basic information about the project to make your own investment decisions. CHK is not responsible for any of your investment decisions. Wish you success and make a lot of profit from this potential market.
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