DApps market sales are strong! Steem's presence supports surpassing the first-year revenue of the App Store
The Dapps market thrives contrary to the cryptocurrency market
Dapp Rankings
Source: State of the Dapps
2018 was a tough year for the cryptocurrency market, showing its largest decline on record.
In contrast to that significant downward trend, the Dapps industry is gaining momentum, as revealed by a survey from Dapp.com.
In terms of price alone, the momentum surpasses the annual sales of 4.6 trillion yen recorded by the iPhone App Store in 2009 by 37%.
The App Store, by the way, has a history of growing into a market that generated $12 billion in revenue in just Q3 2018 (about 1.3 trillion yen).
According to the State of the Dapps survey, there are over 2,400 decentralized applications (dApps).
Daily active users reach about 56,000, and the 24-hour trading volume is about $17 million (roughly 1.7 billion yen).
going forward, there is growing attention on how far the Dapps market can expand its revenue.
【Table of Contents for this article】
- The Dapps market thriving against the cryptocurrency market
- Dapps market’s gaming sector drives overall popularity
- Articles related to gaming
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