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DappRadar pivots business model to dApp store with native token
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DappRadar, a popular platform that provides analytics and portfolio tracking for the decentralized application (dApp) and nonfungible token (NFT) markets, has announced an upcoming company restructuring to a decentralized business model, in addition to releasing a native governance token, RADAR.
Founded in 2018, the site currently boasts over 4 million global users, 600,000 of which are uniquely active on a monthly basis, as well as playing host to over 8,300 dapps and 27 protocols.
The news was announced during a metaverse event in Somnium Space on Thursday. The purpose behind the evolution is to expand DappRadar's ecosystem to a global audience and establish itself as one of the world's leading dapp stores.
DappRadar co-founder and CEO
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