Imagine a digital universe where every application is decentralized, offering the highest level of security and transparency. Welcome to DappRadar, the world’s leading dApp store that tracks and ranks all decentralized applications across every protocol and vertical. Whether you’re an investor, developer, or an enthusiast, DappRadar provides the tools and insights to navigate the vast dApp landscape effortlessly. With nearly 13,000 dApps supported across 42 protocols, DappRadar isn’t just an information hub; it’s a gateway to discovering, analyzing, and maximizing the potential of decentralized applications. Ready to dive deeper? Let’s explore the unparalleled world of DappRadar.

What is DappRadar?

DappRadar describes itself as the world’s dApp store. A dApp store is a decentralized application distribution service or marketplace where you can search for and download decentralized applications like the BChat private messenger. DappRadar hosts a range of decentralized applications from wallets to DeFi platforms. It is one of the largest dApp marketplaces with nearly 13,000 dApps and supports 42 protocols. Users can download BChat for Android devices directly from DappRadar. BChat for desktop clients will be listed on the platform shortly.

Why Do We Need Decentralized Marketplaces?

Decentralized app marketplaces not only serve as alternatives to mainstream centralized app distribution services, but they’re also specific to Web3 and provide a higher degree of trust and privacy. You don’t need to register an account on a dApp store to download a dApp. All you need to do is waltz in and click that download button.

Another key reason to use a dApp store is censorship-resistance. While centralized players try to offer their services worldwide, there are certain exceptions that prevent them from doing so. It could be their terms of policies or the laws of a region. In such cases, an app store quite doesn’t fit the cut. That’s where dApp stores come in. Most if not all dApp stores connect to a decentralized network where information about the app is hosted. The application thus hosted will have high security and censorship-resistance. BChat, BelNet, and all other ecosystem dApps will be hosted on multiple dApp store platforms so that you can access them freely from anywhere, anytime.

The Purpose and Utility of the DappRadar Crypto Token (RADAR)

The DappRadar crypto token, known as RADAR, serves as the foundation for the DappRadar ecosystem, acting as a utility and governance token that empowers its key players, such as users, contributors, and dapp developers. The token is used to enhance the user experience by providing extra insights, more filter options, and powerful tools to discover the best dapps on the market. For dapp developers, RADAR tokens can be used to enhance their dapp page and expand their user acquisition capabilities.

The RADAR token is also used to power the circular economy within the DappRadar DAO, an organization where all ecosystem actors can come together to contribute and benefit from the platform's growth. A portion of the earnings generated by the RADAR tokens is reinvested in the DappRadar DAO treasury, which then distributes these tokens as a reward to users, contributors, developers, and curators.

In summary, the RADAR token aims to solve the problem of providing a more engaging and interactive experience for users and developers within the DappRadar ecosystem, while also creating a circular economy that rewards all ecosystem actors for their contributions to the platform's growth.

Tokenomics and Distribution Model of the DappRadar Crypto Token

The DappRadar crypto token, RADAR, operates on a tokenomics model that includes a total supply of 10,000,000,000 tokens, with no option to mint more. The token is built on the Ethereum blockchain and adheres to the ERC-20 standard. The token contracts for ETH, BNB, and Polygon are 0x44709a920fccf795fbc57baa433cc3dd53c44dbe, 0x489580eB70a50515296eF31E8179fF3e77E24965, and 0xdcb72ae4d5dc6ae274461d57e65db8d50d0a33ad, respectively.

The token distribution model for RADAR is as follows:

• 10% of the total supply (1,000,000,000 RADAR) is allocated for the initial airdrop. Of this, 3.1% was claimed by March 2023, and the remaining 6.9% was used as rewards for liquidity provision and RADAR staking.
• 25.25% of the total supply (2,525,000,000 RADAR) is allocated to the DappRadar team and shareholders, subject to a vesting schedule that starts unlocking in June 2023 and ends in December 2025.
• 24.75% of the total supply (2,475,000,000 RADAR) is allocated to the DappRadar DAO Treasury. The DAO uses the treasury to fund platform development, operational costs, marketing and partnerships, investments, fundraising, and liquidity provision.
• 40% of the total supply (4,000,000,000 RADAR) is allocated to the community. These tokens are allocated as Quest rewards, Staking rewards, and bounties that community members and contributors can earn.

To control inflation and maintain equilibrium within the economy, DappRadar has implemented a tokenomics model that considers the impact of all key stakeholders in the ecosystem. The ideal long-term APR for RADAR staking is approximately 3%. The new staking program aims to align incentives and risks to attract users genuinely interested in utilizing DappRadar’s products and contributing to its future beyond merely farming and selling tokens.

The Team Behind DappRadar

The team behind DappRadar includes a group of experienced professionals with diverse backgrounds and expertise in various fields, including product development, video game design, software engineering, and marketing.

• Dragos, one of the co-founders of DappRadar, has been involved with the platform since 2018 and is responsible for overseeing the product, governance processes, user experience, and more.
• Zygis, another team member, is a product person at DappRadar, with experience in traditional organizational structures.
• Robert, a self-described video game fanatic turned metaverse citizen, is a believer in the power of content and is responsible for building worlds.
• Darius, a software engineer at DappRadar, is focused on building something proactive and cool.
• Skirmantas, another co-founder of DappRadar, is a proactive and enthusiastic team member, with a passion for building something great.
• Reza, a pro member of DappRadar, has been involved in the crypto market since 2020 and has a strong interest in Game, Metaverse, Social Networks, and DeFi.
• Rizal, a newbie in the blockchain technology space, is eager to learn and believes in the potential of this technology for the future.

• Beng, a long-time user of DappRadar, loves the platform for its ability to track all things crypto-related.