Annual report: development status and future outlook of DApp in 2019

The original title: "[DappReview] Dapp market report 2019"
The original source: DappReview



DApp (Decentralized) Application, that is, decentralization, is large-scale ground block chain technology is the most important one annulus, and evaluate a chain and infrastructure use degree of important indicators, DappReview data, has been committed to dig for practitioners provide valuable insight and industry trend analysis. We have summarized our observations and thoughts over the past year and compiled the 2019 blockchain application market report. This annual report will focus on the following aspects:

1. Development status of DApp ecology of each chain

2. Observation and analysis of hotspots such as DeFi, NFT and blockchain games

3. Data-based industry insights and outlook for 2020

An overview of all the year round

In 2019, continued to flourish, the industry as a whole DApp DappReview full-year new features 1955 DApps, DApp total to 4087, annual chain total turnover reached $23.6 billion. In terms of user scale, although it is far from the same as centralized application, if compared vertically, DApp industry still gains some incremental users. More and more teams and individuals enter the game, which also brings new blood to the industry. In the past year, DApp industry has seen a series of breakthrough innovations in finance, NFT and games.



As the first large-scale application of smart contract platform, ethereum's leading position in DApp is still hard to shake. In 2018, the wave field and EOS, which successively launched the main network, also maintained a good development momentum. At present, the trading volume of these three chains accounts for over 98.55% of the DApp market, forming an oligopoly. Starting from 2019, a series of newly launched chains have made efforts to expand the DApp ecosystem. In addition to the etheric fang, wave field, EOS, DappReview also tracked the other nine chain, they contributed a total of 354 DApp.

This report will focus on discussing the three DApp ecologies of ethereum, wave field and EOS, while the rest of the corporate chains will focus on the key points.

In the first half of 2019, the transaction volume on wave field and EOS was mainly contributed by the lottery category and risk category DApp. With the cooling of the market in the second half of the year, the speculative desire of a large number of users decreased, and the single ecology led to a continuous decline in the transaction volume of DApp on the two main chains. In early 2019, DeFi began to become a major value on ethereum's network, and with a series of projects built around DAI, DeFi exploded on ethereum. If the transaction volume of erc-20 tokens is taken into account, the annual DApp transaction volume of egium is $12.8 billion, more than EOS ($6.1 billion) and wave field ($4.4 billion) combined.

The etheric fang

Ethereum has the most diversified DApp ecosystem and has always been the preferred DApp development platform for developers. DappReview included 2146 Ethernet fang DApp, with 1223 in 2019, is still active.





From the perspective of DApp category distribution and average daily active user distribution, eethernet fully demonstrates its ecological diversity. Among them, game users are the most, accounting for 46.5%, and decentralized exchange (trading) users are the second, accounting for 20.9%. Risk DApp is special, and the number of players is not stable. With the rise and collapse of DApp, drastic fluctuations will occur in a short period of time. Fairwin, for example, had more than 3,000 players a day during the active phase of the project and only single digits after the crash. In addition, its game mechanics also led to a significant increase in ethereum's Gas Fee, which indirectly affected the active number of other DApp users. Fairwin was responsible for the drop in ethereum users in September. Although there are not many users of financial DApp, the value of each transaction is very high.





In 2019, ethereum's total transaction volume was about $12.8 billion, with DeFi type (transaction + financial) applications accounting for more than 90%. Among them, transaction DApp and financial DApp contributed 61.05 percent and 29.98 percent, respectively.

Although the game category DApp has the most users, the transaction volume is not high. On the one hand, the transaction in the game does not necessarily involve the transfer of assets. On the other hand, many game assets exist in the form of NFT, and NFT trades primarily on decentralized exchanges like Opensea rather than within the game.

The game

Games have long been seen as one of the best landing scenarios for blockchain. Since the success of CryptoKitties, more and more developers and game teams have stepped in to try more interesting things in the gaming space. In 2019, many excellent blockchain game teams won the favor of capital:



Most of the teams are using ethereum as their primary base for blockchain game development. How does the game fit into the blockchain? The development team gave different answers. Some teams choose to link the gameplay mechanism of the game to interact with users in the form of smart contracts, such as CryptoKitties, Axie Infinity and MyCryptoHero. Under this scheme, limited by the performance of ethereum and the threshold of blockchain, compared with traditional games, users' experience is poor, and only those familiar with blockchain can easily get started. And some game team in order to ensure that the flow experience, usually only the in-game assets to NFT (Non - Fungible Token, Non homogeneous tokens) chain of form, the core of the game play rule all under the chain, such as GodsUnchained, SkyWeaver, etc.



In November, after more than a year of preselling, GodsUnchained finally released the erc-721 tokens to players, opening up the card trading market. By the end of the year, a total of 203,000 card transactions had occurred, with a trading volume of $1.03 million. Trading peaked in the first two weeks of trading, then began to decline, before recovering at the end of December. Two mythological CARDS, Atlas and Prometheus, were auctioned on Opensea for 210ETH and 235ETH on December 8 and 10, respectively.

After more than a year of development, the overall quality of blockchain games has improved significantly. Most immediately, there are more and more cross-platform games. In 2018, almost all dapps were only available for web pages, and in 2019, the number of game apps that launched native mobile apps began to increase. A number of other teams have launched PC client versions, with the blockchain game represented by Light Trail Rush even logging on to the platform.蒸汽& have spent Game platform.



Most web-based blockchain games are limited to role-playing, card playing, collection and other types, while mobile and computer blockchain games are more diversified, including first-person shooting, real-time strategy, role-playing, massively multiplayer online, racing, fighting and other types of games. Compared with the page game, the advantages of the end game are very obvious, the speed is fast, the picture quality is high, the gameplay is diverse. In the future, integrated blockchain client games will be the trend, we are likely to see the emergence of a AAA blockchain game in a few years.

NFT

Games such as CryptoKitties and GodsUnchained use NFT based on the erc-721 standard. On June 18 last year, erc-1155, proposed by Enjin, officially became ethereum's official pass standard. This standard has many new features, from the design more suitable for the game props. For example, a user can package multiple tokens and send them to one or more recipients through a single transaction, which can effectively reduce Gas charges. A more interesting mechanism is that ENJ tokens can be pledged when an NFT (or FT) is cast, and the intrinsic value (or cost of making it) injected into the NFT is the raw material, just as we forge a knife from metal.



DappReview believes that the core values of NFT comes from the value of its usage scenarios and the premium brand endorsement. The advantages that blockchain gives NFT, such as tamperability, true ownership, and so on, are just inherent attributes of NFT.

Value of NFT = intrinsic value + usage scenario value + brand premium + block chain endowed value

There are now more than 48 million FT and NFT cast in ENJ, with a total of more than 9 million ENJ tokens (worth $700,000) locked up.



It is worth mentioning that in December, coon issued a series of limited collection NFT based on erc-1155, which became the most actively traded asset recently. These NFT's locketry ENJ tokens are only 0.5 ENJ, but the average transaction price is between 100 and 200 usd, even reaching 20,000ENJ (about 1570 usd), indicating that the brand premium and scarcity of NFT bring strong price support to its NFT.

High risk - Fairwin

DApp, a high-risk category, has been a sensitive topic in the industry, including various types of funds. But we have to admit that DApp has always had a high level of engagement, where players dance with greed and fear. Fairwin, for example, was an obvious ponzi scheme, yet before its collapse there were 19,208 addresses involved in the game, with a total transaction volume of more than 690,000 ETH and contributing nearly 9,000ETH of Gas Fee to ethereum.



Most users participate in Fairwin to speculate and earn more tokens, but what happens in practice?



8,316 addresses returned positive, with an average return of 12.94%, and earned an average of 8.32ETH
10,129 addresses returned negative, with an average return of -47.59% and an average loss of 9.57eth
763 addresses break even, just get their principal back

The developers of the project were charged a 4% commission, for a total profit of ** 27,785**ETH.

DeFi

This section is provided by the institute for monetary security (Etienne), which began publishing a series of comprehensive and insightful reports on decentralized finance last June (the "DeFi series").



The following is from the third report, which discusses the latest developments and important narratives in the DeFi domain. For the full version of the report, read Binance Research's report.

DeFi includes (decentralized) trading services and financial applications such as lending markets, asset management services and payment solutions.

In 2019, the price of ETH fluctuates between $100 and $350, with a median price of $173. So far, most of the decentralized financial ecosystem has been built on ethereum, regardless of its price.



However, there is a wide gap between the number of users of financial applications, such as lending platforms, and transaction services, known as scrip to scrip trading platforms.

In January 2019, the number of monthly unique users of the decentralized exchange was 34,244 and the number of financial applications was 4,649.

The number of subscribers to the decentralized exchange increased and peaked at 48,934 in August 2019, before falling back to its initial level of 34,033 in December.

On the other hand, the number of users of financial applications has been increasing since January. Monthly users topped 10,000 in August, and in December, the decentralized finance app on ethereum had 25,925 users.



The number of subscribers to decentralised exchange "2.0" has also increased. Uniswap has 19,000 users and generated $390m in annual transactions. Similarly, Kyber is used by more than 35,000 users with an annual turnover of $387 million.

This chart represents activity on all chains, which may include some partially decentralized exchanges (such as IDEX). As the chart above shows, more than 90% of all transactions on ethereum-based DApp's chain come from defi-related applications: from a user perspective, DeFi has been the driver of ethereum's growth in 2019.

In short, ethereum and DeFi have become "two-headed monsters" leading the way in their respective further development.

Although DeFi represents only a small part of the encryption industry, it is one of its most dynamic areas.



In 2019, the ethereum-based DeFi platform had 3,456 daily unique users.

The number of active projects (defined as projects with more than 50 unique users per day) nearly doubled in 2019. However, the absolute number is still small, with less than 20 projects.

Also, in the encryption world, DeFi is still small. For example, the total value of collateral locked up in Staking's products is much higher, at about $6 billion, more than five times the total value of collateral in DeFi.

Finally, DeFi is still negligible in size compared to the (traditional) fixed income market. Recent estimates of the total size of the debt market in 2019 put it at about $250tn. In the United States alone, consumer loans in 2019 are estimated at about $1.6 trillion.

In 2020, we expect several trends for ethereum platform DeFi:

Maker's dominance will come to an end: we expect Compound to have an opportunity to surpass Maker in volume and lockup amounts. Synthetix also has the potential to challenge Maker because of its flexibility in synthesizing assets. But Synthetix also suffers from concerns about the liquidity of its core SNX collateral. In contrast, Maker's collateral (ETH and BAT) has better liquidity.

Maker's DSR integration: while MakerDAO's dominance may be challenged, it will remain the backbone of DeFi. After a major update at the end of the year, Maker brought DSR(Dai Savings Rate) integration and multi-mortgage Dai, ETH and BAT being the first mortgage assets of multi-mortgage Dai. At the same time DSR may become one of the most important interest rates in DeFi. Fulcrum, for example, has integrated DSR into its platform, and exchanges that support Dai trading pairs will integrate the rate into their platforms.

Lending solutions beyond over-collateralized mortgages: as we mentioned in the first DeFi report, over-collateralized mortgages don't help people who don't have bank accounts. So we're looking at some early solutions beyond excess mortgages, including: social fund recovery, credit scoring systems, zero-recognition certification, credit market daos, etc. We also expect the DeFi project to one day act like a credit card, allowing users to borrow against their expected future cash flow as a commitment. Sablier, an experiment on ethereum that USES smart contracts to automatically pay wages, could pave the way for proprietary deals. In early 2020, Aave (LEND) will move its lending market to the main network and launch a new lending product, Flash Loans, that does not require excessive collateral.

More DeFi derivatives will be born on ethereum's main network: the Convexity protocol and other platforms (such as the UMA protocol) will bring more trading opportunities to the DeFi domain. But from the perspective of option underwriters, there are also many who worry about risk control and reward. Not to mention synthetic assets such as SwanDai, which track DAI's deviations from its anchor price ($1) in an exponential way, will also be coming online.

USDT: with the massive migration of USDT to ethereum, it is expected that USDT will also be integrated into DeFi in the near future. The USDT has appeared in the Compound's "next in favor" poll.
One-stop platform additions: platforms like Zerion and InstaDApp aim to lower DeFi barriers by creating a one-stop DeFi platform, and integrate multiple DeFi platforms under the same UI. Protocol aggregators like DeFiZap and dexam.ag also appeal to some users because they allow users to trade with the lowest gas fee and because they integrate multiple platforms, they can easily put their eggs in different baskets.

The wave field

It is most appropriate to describe the wave field DApp ecosystem in 2019 as "Las Vegas on the block chain". Among the top 10 wave field dapps in terms of transaction volume, 8 are lottery dapps. In 2019, the total transaction volume of wave field DApp was $4.4 billion, of which lottery category DApp contributed $3.99 billion. No matter from the water, play or game experience, wave field lottery DApp has formed a crushing potential for other chains.





As can be seen from the number of active dapps in different categories, dapps of risk category and lottery category account for a high proportion. On average, 60.81% of users use dapps of lottery category every day. Most lottery dapps issue dividend-paying tokens (discussed later), which are mainly traded on decentralized exchanges, which to some extent drives the growth of trading DApp users. Transaction DApp accounts for 10.93% of daily active users. The development momentum of game category DApp is relatively slow, with daily active users gradually declining since the second half of the year, accounting for only 11.36%. There were two outbreaks of high-risk dapps on the wave field platform, one was in March and April, when a large number of high-risk dapps appeared, and the other was in the fourth quarter, when the launch of Tronhive set off another upsurge.





In terms of transaction volume, lottery category DApp once again demonstrated its dominance, accounting for 90.39%. Transaction DApp accounted for 8.27%.

Lucky drawAnd dividend tokens

Wink is the most successful and profitable lottery category DApp in 2019, with $2.8 billion in transactions. At Wink, games such as Live and Poker are not decentralised games based on smart contracts, and the data on the link only shows how much money is being spent in cryptocurrency, not how much is being bet. As a result, the actual cumulative bets are much higher.



TRONbet, Wink's predecessor, upgraded its brand in July last year with IEO, while the original game mining token ANTE was upgraded to WIN. In the nine months leading up to IEO, TRONbet paid users a cumulative dividend of 1.7 billion BPS and a cumulative transaction of more than 100 billion BPS, equivalent to the total token supply on the BPS platform.

Next, let's talk a little bit about the bonus token of lottery DApp. Many lottery dapps drop tokens to players in the form of "game as mine". The number of tokens acquired is often determined by the amount of money bet by the player, such as 1 game token per bet of 100TRX. By holding and locking up these tokens, users will get the right to receive a bonus, that is, the lottery platform will regularly distribute part of its profits to all holders.

This design has attracted a number of non-lottery users, through the mining game tokens to earn revenue. Each lucky draw mining token has a certain mining cost:

Theoretical mining cost = bet amount * banker's advantage/number of tokens dug out

User dividend amount = platform income * dividend ratio/total lock-up token * user lock-up number

From the point of view of mathematical expectation, users continue to bet the same amount of money, and the mining cost will gradually approach the theoretical mining cost as long as the number of times is enough. The amount of dividends will vary with the platform's revenue, and as more and more tokens are dug up, everyone's share of dividends will be diluted.



The economic design of tokens has always played an important role in the block chain, as has the lottery category DApp. The 888TRON suffered a cliff-like collapse on March 16 last year after it set a staggering record of 3.6 billion Trx (about $82 million, the highest single-day transaction in DApp's history) due to an unreasonable lock design. Its core design flaw lies in that there is no time to defrost tokens, that is, users can pledge their tokens to participate in dividends at any time and defrost tokens at any time.



Clever speculators found the arbitrage space, buy tokens from the secondary market before the dividend time to pledge, and then quickly unfreeze and sell them. A lot of selling occurred in a short period of time, making the price of tokens in the secondary market far lower than the cost of mining. For miners, it is better to directly buy tokens rather than dig mines. And no one plays the game to dig the mine, the dividend is difficult to maintain, so the game token is no longer attractive, the whole game economy mechanism quickly collapse.

The Russian team didn't give up, however, and it took six months to bring the game back to life by tweaking the mechanics, introducing new games, redesigning the UI and a series of promotions.

In the second half of last year, wave field platform's high-quality lottery DApp emerged one after another, and many traditional centralized lottery platforms began to test block chain lottery, and wave field was taken as the first choice. DApp, a new generation of lottery category represented by Betfury and RocketGame, has repeatedly topped the lottery list.

Ecological layout of wave field

About wave field and its founder sun yuchen, there has been a lot of criticism. Unlike technology-driven chains like ethereum, wave fields are more like chains driven by marketing and business.

Sun yuchen is very aggressive in acquisition and ecological layout. After the successful acquisition of Bittorrent in 2018, the continuous layout in 2019:

The trc20-based USDT was launched last April and 916 million USDT have been issued so far. Erc-usdt, by contrast, was launched about 16 months earlier than trc-usdt and has a total circulation of about 2.29 billion.

Invest in Biscuit, the EOS Knights development team behind the ecologically headed block chain game EOS. The team's new Knight Story game will no longer support EOS and will be available on eethernet, wave field and Klaytn.

Invest in Poloniex and integrate its decentralized exchange trx. Market under the Poloniex brand.

Samsung blockchain mobile phone built-in wallet added support for wave field.

Acquisition of decentralized live streaming platform Dlive.

There is no doubt that these capital operations show the ambition and execution of sun yuchen. Can sun yuchen continue to invest in the excellent DApp team by integrating the traffic of BitTorrent and Dlive, so as to make the DApp ecosystem of wave field more diversified? We'll see. It is also reported that niTROn, the developer conference of wave field, will be held in Seoul in February 2020 because wave field will announce further in-depth cooperation with samsung at that time.

EOS

The performance of EOS in the whole of 2019 can be described as "opening high and going low".

At the beginning of 2019, DApp, a lottery app on EOS, became popular for a while and was therefore "favored" by hackers. According to chengdu chain Ann, as of December 2019, a total of EOS and chain exceed 60 typical attack incidents, the cumulative loss amount to hundreds of thousands of EOS, the first quarter for concentrated outbreak period, the main reason is that DApp contract code security is weak, and this period EOS chain application lasts hot drawing class, lead to hackers on multiple DApp continuous attack is the same vulnerabilities, and technique to trading block, rollback transaction attack, counterfeit attack, random crack, etc.

By the last quarter of 2019, EIDOS had almost paralyzed the entire EOS network on its own after launching on November 1. EIDOS is an airdrop token contract that allows users to receive an airdrop reward by simply initiating a transfer of any amount (minimum amount 0.0001EOS) to their contract. Under this mechanism, a large number of users crazily launched transactions to EIDOS, almost no local earn EIDOS tokens, some large rented a huge amount of resources to call multiple accounts through the script to initiate transactions, some wallets and exchanges even launched "EIDOS mining machine" for users to collect wool.



After the launch of EIDOS, it generated an average of 1.69 million transactions per day, accounting for 50.64% of the total transactions of the main network, which directly led to the soaring resource prices of EOS main network. If a user wants to initiate a normal token transfer, he must first pledge 30EOS to secure resources, an irony for EOS, which once advertised zero transaction fees.

The main network congestion has seriously affected the user experience of other dapps. Even under the new EOS1.8 feature, the DApp team can pay for resources on behalf of the user, but that doesn't help because most teams can't afford the high network costs. Several leading dapps have left EOS platform successively, including EOSKnight, the block chain game with the largest number of users, and EOS senior-level hot style lottery DApp EOSBet. EOSBet released a statement in November announcing the brand upgrade to EarnBet. At the same time, the team expressed frustration with the state of the EOS primary network, which they felt was not an algorithmic problem for REX or a smart contract, but a governance problem for EOS.





In terms of the number of users per day, the lottery category has been hard to divide with other categories of DApp, which once had the popular DApp Hashbaby and many instrumental apps, accounting for about 40% each. However, after November, with the launch of EIDOS, the average daily users of these two categories of dapps dropped sharply and were surpassed by dapps with stable performance throughout the year at the end of December. This is because the sweepstakes and other categories of DApp have a large number of brushing robot accounts and wool pulling accounts. As EIDOS caused widespread network congestion, the cost of using these accounts rose dramatically, making the brushing behaviour unsustainable. Most game DApp users are real players. In order to cope with network congestion, some game dapps begin to pay resource fees for players to ensure their normal use.



From the perspective of transaction volume, lottery DApp was the main force of EOS in the first half of the year, and showed a declining trend in the second half of the year, accounting for 64.6% of the whole year. Similar to the wave field ecology, most of these lottery dapps have their own profit-sharing tokens, which also drives the trading volume of head decentralized exchange WhaleEx and Newdex, which accounts for 32.1%.

The game

In 2019, the EOS ecosystem has seen the emergence of many excellent game dapps, most of which are supported by native mobile apps. These games call the blockchain wallet app through depplink to complete the transaction signature. If the game involves frequent interactions on the chain, it will jump back and forth between the two applications, reducing the user experience. However, the native App offers far more screen improvements than H5 web games, and the game is much more fluid and user-friendly than the DApp browser. Unfortunately, due to the censorship policies of the App Store and Google Play, most of the native apps based on the block chain are hard to get through the review and cannot be distributed in the App Store.



There are many blockchain games with more than 1000 daily life in EOS ecosystem, such as EOS knight, EOS three kingdoms, Prospectors and so on. As the first truly gaming DApp on the EOS main network, EOS knight was able to generate nearly 7,000 live days at its peak in early 2019. EOS three countries learned from the gameplay of EOS knight, and on this basis, they added chain access to enhance user engagement, and effectively controlled inflation through in-game numerical design, which became the game DApp with the most active users in the second half of last year.

However, these excellent blockchain games still have to face a brutal reality: EIDOS will continue to drop for another 15 months, and the congestion of EOS main network may be difficult to solve in a short period of time. The existing users are gradually losing, and there are no new users.

In a sign of how seriously block. one is taking Voice, a new social-media-like app it announced last June, with the $30 million purchase of the voice.com domain name alone. The official beta will launch on February 14, valentine's day, and the community is waiting for it.

IOST

IOST is a high performance public link based on the PoB (confidence proof) consensus mechanism. The main network went online on February 25, 2019. Up to now, the main network of IOST has launched 43 dapps, among which games and lottery are the most important types.



IPirates is currently the largest lottery category DApp with an average daily turnover of 100 million IOST ($210,000). Before that, IOSTPlay was the biggest lottery app with the most users, but the game's servers were shut down by hackers in November. Cryptotrigoshi and monster world are two of the most popular dapps on IOST.

STEEM

Steem is a high TPS chain with a graphene technology as the underlying architecture. In 2019, the platform's most popular dapps were Steemit and Steem Monster.



Steemit is a decentralized content platform, and as the first DApp on Steem, it has long had many loyal users. But the Numbers show a downward trend in 2019, starting at 5,000 per day and ending at 2,000.

Steem Monster is a card game that was definitely the no.1 DApp on Steem last year. The average daily active user is between 3,000 and 4,000, and retention is high.

NEO

NEO is an open network for a smart economy and one of the first chains, created in 2017. In 2019, NEO started to expand the DApp ecosystem. Within a few months, many excellent Blockchain games joined NEO ecosystem to expand users, including Blockchain Cuties, NeoFish and monster world.



So far, NEO has launched 31 dapps, among which game DApp has the largest number of users. CardMaker and NEOLAND are the only apps that live more than 1,000 per day. Switcheo, the first decentralized cryptocurrency exchange on the NEO blockchain, accounted for 5.28 percent of total transactions.

Have

ONT ontology network is a new generation of public base chain & Distributed trust collaboration platform, the main network launched on June 30, 2018. So far, there are 55 dapps running on ONT, of which 31 are game dapps.



ONT in April 2019, opened the "Renaissance" activities, encourage developers on the ONT development DApp, over the next four months, ONT DApp ushered in the outbreak, the daily average more than 10000 users, peak close to 80000. But "Renaissance" plan did not bring meaningful to ONT DApp ecological development, incentive plan after the heat of the shed, ONT of DApp users to return to the levels of 1000-2000, Mainly supported by HyperSnake and HyperDragons Go, it was not until November that the MMO game Treasure Land was launched that brought some fresh blood to ONT's DApp market.

LOOM

LOOM Network, a multi-chain interop platform, launched in early 2018.



There are 16 dapps on the LOOM Network. As the most representative DApp on the LOOM, crypto has a stable performance. Since last August on the chain, basically rely on their own efforts to support the overall data of the second half of the chain. After a year and a half in development, the high hopes game Zombies Battlegrounds (later renamed Retentless), which raised $321,000 on Kickstarter, suffered a difficult labor.

For now, LOOM is focusing on Basechain, looking for a break in DeFi. In September 2019, LOOM Network announced that MakerDAO had become the first project to support its cross-chain gateway, which is now available through LOOM Network to the wave field and the Binance Chain. Binance has started its validation node on LOOM Basechain, and soon, users will be able to lock up and receive rewards directly from their Binance accounts. In the future, LOOM Network will continue to develop and support EOS and Cosmos, and plans to launch a pilot project with the Thai government in 2020 to promote the implementation of block chain technology.

Take

TomoChain provides a solution to the scalability problem of the ethereum platform.



At present, there are 22 dapps on TOMO, the largest of which is TomoMaster, a TomoChain governance DApp, and the rest are mostly lottery. The activity of these dapps saw a small burst in the second and third quarters, and gradually became neglected from the fourth quarter. At present, the number of dapps with traffic is less than 10, which is still decreasing.

WICC

WICC wiki chain is a turing-complete intelligent contract platform.



Wiki chain has launched 20 dapps, mainly for games and lottery. But what really matters is a DApp called "lock-up". The DApp is officially developed by wikilink, which allows investors to lock up their Wicc holdings and share the proceeds. In July last year, the launch of lucky draw DApp "gem quest" brought a bit of life to the ecosystem, with more than 6,000 active users at one point.

WAVES

As an open application platform for Web 3.0, Waves main network has launched 24 dapps, mainly lottery dapps.



The most traded DApp on Waves is Dice Roller. In August 2019, the Waves team released DAppOcean, a decentralized platform that encourages developers to make DApp applications. Currently, DAppOcean platform has released a number of lucky draw dapps including Dice Roller, Ride on Waves and Coin Flip.

Perhaps due to the hot run of ethereum DeFi, Waves is also starting to make a defi-friendly switch. DeFi was the subject of the annual Waves conference late last year. DeFi as current DApp boundary of the hottest subjects, DappReview also hope this material can now shining on the outside of the etheric fang each archduke chain.

WAX

WAX Worldwide Asset Exchange is a corporate chain customized based on EOSIO code and heavily modified according to its own requirements.



WAX's huge increase in active users at the end of the year came from Prospectors. The game was released on EOS in June and launched on the WAX platform at the end of the year. As a chain that will be launched in the second half of 2019, there are now 26 dapps, and we are looking forward to the performance of WAX in 2020.

Related reading:Bitcoin +Steam, a new way for Chinese players to arbitrage》

Source:mp.weixin.qq.com

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