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dApp markets see moderate growth in 2019

In their latest weekly dApp report, the global token rating agency TokenInsight has given an in-depth look at the growing list of decentralised applications that are currently live on the Ethereum, EOS, and Tron networks.

TokenInsight has been publishing ratings and risk assessment for crypto exchanges since June 2018.

The company aims to help investors recognise reliable and secure exchanges from the research they conduct.

Ethereum

In their latest report, TokenInsight claim that Ethereum dApp growth has returned to a stable rate, with five new dApps coming online in the past week.

This is in line with the first half of 2018, when three dApps were launched each week on average.

However, they went on to say that “only one year later, the proportion of active users dropped to 30%. The ETH dApp active addresses also fell from 230,000 in January 2018 to 78,000 in December. According to contract statistics, in the past week, 31,000 users have played one to three ETH-based dApps, and only 3,000 have used more than three dApps.”

EOS

The EOS network also saw five new dApps added last week, with their rank remaining relatively stable. The gambling dApps on the network now account for 90% of the trading volume. The trading volume of other game dApps has significantly shifted to gambling dApps and exchange dApps.

TokenInsight also mentioned that the “advantages of high TPS and zero-service-fee of EOS-based gambling dApps brought their rapid development, but it has taken a long time for EOS dApps to find another application with high growth potential.”

In the past week, 46,000 users have played one to three dApps on the EOS network, and more than 40,000 have used over three dApps. Compared with ETH, the EOS network boasts more dApps with active users.

Tron

TokenInsight reported that the gambling games TRONbet and Dice3D accounted for 78% of the trading volume on Tron’s dApp network.

They went on to say that in the past week, 60,000 users have played one to three Tron dApps, and more than 5,000 have used over three dApps on the network.

 

Nawaz Sulemanji

Nawaz has been hooked on crypto since buying his first Bitcoin’s in 2013. After studying maths in London, Nawaz initially spent the first eight years of his career working globally across corporate supply chain’s before transitioning into the decentralised finance industry as a margin-trader and consultant. He’s a fan of open-blockchains because “it enables self-sovereignty”.

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