How dApp Developers Earn Money

in dapp •  6 years ago 

dApps are decentralized applications which interact with blockchains over protocols. They read and write data from and to the blockchain, without using the traditional database. The back-end code runs on a decentralized peer-to-peer network. dApps reduce the impact of a third party which means they connect providers without the third party.

Blockchain dApps are immune to censorship. To write a dApp can be performed on various platforms like Ethereum, most of the dApps are working on Ethereum. dApps are open-source code which means anyone can inspect, modify, and enhance the code. It is the code which computers can manipulate to change how a piece of software works.

These decentralized apps are taking the app world by storm. dApps engage directly with consumers; they have the power to build royalty, token economies and build brands. dApps are superior to traditional applications because they have tokenization, cryptocurrency, and decentralization. With dApps everyone gets access to everything blockchain has to offer.

A solid proof-of-work, a white paper can attract investors by publishing the white paper. There are many dApp developers who have made amazing crowdfunding profits through their white papers and initial coin offerings (ICO). If a dApp developer comes up with a token and the user wants to use the network, then they need to buy this appcoin or token. In this way, dApp developers are paid in Tokens or Appcoins and earn money in so doing.

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Peace @technomagazine
Thank you for this information post.
I would like to welcome you on steem and share this information with you.
Do you know that partiko is a steem mobile application that can help you earn fairly steem power ? If you want to increase your potential to blog on steem ecosystem feel free to ask on my latest post.
Warm regards.

Posted using Partiko Android

Welcome to Steemit. Have you done an introduce yourself post yet? If not watch for information about it and then do a post. Great way to get some followers and upvotes🙏

Posted using Partiko iOS

Hi

Thank you for the advise, I will definitely look at it. Regards Pieter

HI, what are your favorite dapps? These are mine:

https://steemit.com/dclick/@niel96/my-banners-that-i-made-for-dclick