Gambling still drives Dapp growth.

in zzan •  5 years ago  (edited)

The growth of dApp eventually started in 2019, giving hope for at least some platform projects. While Ethereum (ETH) revealed growth in all categories, the main concern was gambling dApps.

Based on Ryan Selki's analysis, gambling was once again a killer app for crypto space.

🎲 2019 was a big year for gambling dApps.

Gambling applications have doubled the market share of all gaming sectors per the @dapp_com report https://t.co/3.

-Messry (@MessariCrypto) December 30, 2019

The TRON platform, which offers the most active gambling dapps, is also one of the growth factors. Among them, WINK (WIN) was noticeable as tokens were distributed to IEO through Vince.

Using tokens for gambling adds a layer of anonymity. The existence of gambling apps in Asia also flows into a rich and addictive market. The sector took advantage of the growing online casino technology and provided much faster anonymous payment tools.

Gambling dApps also ranked first and competed for visibility. Not sure which part is moved by the boat to produce statistics. Currently, 888TRON is the most active gambling dApp, but the chart is always changing. The TRON network still sees the top 10 dApps only in the gambling category, facilitating strong token transfers.

In 2019, the EOS platform was found to be unsuitable for some dApps. One of the most active gambling environments, EOSBet decided to migrate as EOS resources were consumed by EIDOS simulation. TRON, on the other hand, managed to survive because resources were allocated in different ways.

Decentralized apps enter the New Year with optimists, but they also pose a big obstacle. App stores have decided to target these startups as potentially violating terms of service, especially when it comes to finance or gambling. dapp growth also differentiates between success and failure platforms.

In 2019, previously advertised platforms didn't actually carry decentralized apps. Tezos had very few transmissions, Cardano was still mostly in testnet mode, and the Hedera hashgraph crashed due to a flaw in the Tokonomics, causing the network to go down and some of the parliament nodes to close.

Dapps is not an indicator of price increases, but it is an encouraging use case for crypto assets.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!