One of the key advantages of the white label solution for web3 businesses that we offer, is our list of available integrations. In fact, thanks to our flexibility and scalability, we are in the right position to offer you almost unlimited functionalities. Decentralized apps — aka dApps — are no exception. In this piece, we will overview the dApp market to remind you of the enormous potential it may reveal for your business with the Everchain White Label Wallet. 

dApp: Key Facts and Figures  

dApps stand for ‘decentralized apps.’ In a nutshell, this term means applications that are capable of independent functioning in an autonomous fashion, on the basis of smart contracts run and executed on a blockchain network.

Why are they becoming popular in some segments of the web3 world? There are a range of simple reasons for that. 

  • First, many dApp users view absolute freedom as a valuable asset. This is why they appreciate the fact that decentralized apps are more resilient to censorship, as there is simply no single center of control. Thus, it is extremely difficult for anyone to exercise full control over such apps. 
  • The same holds true for their stability and reliability. There is literally no single point of failure that can ‘deactivate’ dApps. 
  • For many adopters of web 3 tech, participation is an important priority. As dApps are open source products, hence, the development process is quicker and more engaging. 
  • More protection for users’ personal data, as you do not have to enter sensitive info to use a dApp 
  • Total data integrity, with info stored on blockchains being indisputable and immutable 

As of today, there are over 4,000 dApps in existence. As you can see below, most of them run on ETH. 

  • Ethereum with 2,970 apps, 48.01k daily active users, and 103.99k daily transactions    
  • EOS.IO protocol with 332 dApps, 44.58k daily active users, and 339.67k
  • Binance Smart Chain with 244 dApps 
  • TRON with 89 dApps 
  • Klaytn with 83 decentralized apps 

As for the leading ETH dApp categories, they are as follows in terms of daily transactions: 

  • Finance with 597k transactions 
  • Exchanges with 468k transactions
  • Security with 227k transactions 
  • Games with 100k transactions 
  • Development with 54k transactions
  • Gambling with 51k transactions 

Whatever your preferred blockchain and purpose of your dApp might be, feel free to ask us to integrate a dApp with your edition of the White Label wallet.