Learn to gain real rewards
Collect Bits, boost your Degree and gain actual rewards!
Learn by real-life examples: Select, Track & Understand any cryptos with the unique Learnlist feature!
dApps are “decentralized applications”. These are apps that are built with the help of blockchain technology, and governed by a decentralized entity. In many cases, this entity will be a DAO - a “decentralized autonomous organization”.
To over-simplify, DAOs are made up of token (share) holders. These holders then use their tokens in order to vote for improvements, changes, and general updates to said dApp. While it’s not a common type of dApp news, DAOs are always in the background, in some form.
Some of the most popular dApps include Uniswap, 1Inch, CryptoPunks, MakerDAO. A dApp can be a decentralized exchange, an NFT-related platform, a project for investing interest accumulation, or anything in between - the use cases for dApps are seemingly unlimited.
Make sure to not miss out on all of the latest developments in the dApp space - stay updated with all of the most relevant information!