Decentralized Apps Like CryptoKitties Are Stalling

  • The popularity of apps running on a decentralised platforms (DApps) has been stalling lately. According to research site Diar, popular DApp CryptoKitties, the viral blockchain-based game centred on the collection of cartoon cats that disrupted the Ethereum network upon its launch in November 2017, saw its daily visitors drop by 96 per cent over the past few months (to August).

  • Other big DApps, such as the banking app Bancor, which raised USD153m in 2017, are struggling, too. Bancor reportedly has shrunk to a user base of only 457 daily users.

What do you think?

Source

Image Credit

You don't want to miss a Crypto news?

Follow me on Twitter

H2
H3
H4
3 columns
2 columns
1 column
11 Comments