This post will show you some of the best dApp ranking sites that you can trust.
What is dApp?
A dapp (decentralized applications) has its backend code running on a decentralized P2P computer network, unlike an app that backend code functions on centralized servers. The major advantage of it is that the users are not supposed to rely on one centralized computer for conveying and accepting the information.
Image by Blockgeeks
There are several most common needs of an application prior to being known and treated as decentralized one, such inevitable factors are as under:
- The application must belong to an open-source.
- The data of the application should be saved on the decentralized blockchain.
- Tokens of the applications must be produced with the help of a cryptographic algorithmic mechanism.
- Cryptographic use of token like Bitcoin or so on.
What can dApp do?
dApps have almost anything that one might think to develop on a blockchain and their current fame is skyrocketing quite swiftly. With the current availability of dApps, the most common uses are many as under but not only confined to these:
- Property agreements and deeds.
- Smart Contract feature for quick payment management and funds distribution.
- Voting facility along with other management systems and crowd sales.
- Technological keeping and handling of assets and trust-free agreements.
Why ranking dApps is important
According to DAppRadar's blog:
The volume provides users with accurate data on the amount of token volume within the dApp and acts as a measure of activity. In September 2019 DappRadar started to track the non-native ERC-20 tokens passing through the smart contracts of both EOS and ETH in order to bring further clarity and accuracy to this data.
User figures provide data on the number of active DAUs (Daily active wallets) within a specific dApp ecosystem. This metric allows users to gauge the activity of a dApp and decide whether they want to participate. From the beginning, DappRadar has held a robust attitude to fake and manipulated data (mostly bots) and work extremely hard to actively filter this out.
The balance within a specific dApp allows potential users to ascertain some usage and popularity information. It shows the total flow of tokens within a dApp. It can also act as a measure of fake activity. For example, if a dApp is showing very few numbers of DAUs but huge volumes moving through the smart contracts then this could indicate foul play.
The best dApp ranking sites
1. DappRadar
DappRadar recognizes that the use of analytics depends on the user’s trust in the data. End users don’t always think about the behind-the-scenes work and preparation but they do have an intuitive grasp of accurate data. DappRadar filters through dApp data, and actively works to remove fake and irrelevant activity (mainly bots) and provide actionable market intelligence. Dapps are tracked in terms of their active users, token volume and transaction activity to provide insight into the trends in the dApp ecosystem.
2. Dapp.com
Dapp.com is the cross-chain platform for everyone to discover, use, and enjoy dApps with ease. Explore 3,000+ dApps built on Ethereum, EOS, Tron, Klaytn, NEO, Steem, IOST, TomoChain, and more.
3. State of the dApps
State of the DApps is a not-for-profit curated directory of Decentralized Applications, also called DApps, which run on various several blockchains. State of the DApps was initially created to categorize and showcase developed projects built on the Ethereum Blockchain, but more recently we have added support for EOS, POA, and Steem as well.
4. Dapp Review
Dapp Review is now tracking 3900+ Dapps’ data across 13 public chains. Their dedication is to help users find more interesting Dapps, help developers better promote Dapps and acquire more customers. Mass adoption of blockchain on applications in different categories is also their concern.
5. Spider Network
SpiderStore / SpiderData are DApp distribution platforms, and blockchain game sharing community, which synchronizes mainstream public blockchain Dapps, here you can communicate and discover high-quality Dapps with global players.
