Dapps are the Future Investment in Crypto

in crypto •  5 years ago  (edited)

Dapps are the great way to earn in the crypto market but we should make sure the credibility of the dapps. Today. Tron has more than 1000 dapps running on its platform, from them around 95% are fraud so how will we should make sure that any dapp which we are going to invest is safe. A large number of dapps rely upon Ethereum blockchain but still there is a plenty number of dapps which are cheating with investors for example. P3d, powh are the most common example of these types of dapps.
Most of them claim to be decentralized however they are controlled by some or great extend to the owner or a firm. These dapps do not fill the complete criteria of decentralization.
After reviewing and analyzing for more than year I found few dapps which seems to be authentic and paying good dividends to its investor for along time and above all those are truly decentralized

Source : https://dapplist.cointelegraph.com/

  • DECENTRALIZED : A dapp must be decentralized. Today as blockchain is spreading slowing its pace to all industries and big names like. Facebook, Twitter, Microsoft, Amazon, IBN and delving into it so everyone who is in crypto must focused on decentralized project only so that no central authority control/own your assets. Remember your keys, your crypto. Also, if any govt rules or regulation try to stop it they can not do it until it decentralized same as Bitcoin. (they can not send any notice to stop it like LIBRA)

  • IMMUTABLE : The Project should be design in such a way that it can not be hacked or crack by anyone. Blockchain itself consider temerproof so there are always very less chances for losing your funds.

  • HOW DOES IT PAYS: This is very important factor. If any dapp asking you for investment and pays you only if you participate there by playing games or doing any other activity that you should get alerted. It may scam you one day. Also, it is same like bitmex, you’re risking your funds.

  • EPITOME : In the nutshell, before investing one must DYOR about the project, how old it is, how long it can go. Who are the team player. Is there code tested ? As I have seen few dapps where people has got stuck their funds and they can not withdraw it due to technical restriction and it got stuck more than 1000 ETH forever in the blockchain.
    I am doing my own research and will come up soon with a dapp where we can invest and get a very good dividend, Please support. and upvote and follow me @kutebun . it really motivates me. :)

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