Altcoin News: 86% of Ethereum DApps Have No Users at All, and 93% Have No Transactions

February 12, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Marko Vidrih
Published in
2 min readFeb 12, 2019

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Ethereum Blockchain is the most popular among developers of decentralized applications — 87% of all platforms were launched there. However, it became known that 86% of these applications have no users, and 93% of them have no transactions at all.

One of the most important topics in a cryptocurrency environment is the involvement of users in the use of distributed registry technology. To do this, it is necessary to improve scalability and security, as well as to make the process of using technology more simple. However, according to statistics, this is still far away.

Currently, there are 1,375 decentralized applications on the Ethereum blockchain, but only 200 of them have users and only 103 applications show the presence of transactions. At the same time, there are 1,828 platforms, of which 426 have users, and 271 have transactions.

Note that, according to the DappRadar portal, the most popular among users of decentralized applications are games. In the top ten applications, five of them belong to the category of games, and two more — to gambling. The three remaining ones are applications of decentralized exchanges.

Most users have the Epic Dragons app — over 7,000 people play the game on the Tron blockchain. Another game on the ethereum blockbuster My Crypto Heroes attracts 1,300 people a day.

Earlier, the head of the blockchain project Tron (Justin Sun) said that his company is preparing a special fund to assist developers of decentralized applications on the blockchains of Ethereum and EOS. According to him, the foundation will support developers while they transfer their projects to the Tron blockchain from the “crumbling” platforms.

Author: Marko Vidrih

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Marko Vidrih

Most writers waste tremendous words to say nothing. I’m not one of them.