2019 Dapp Market Report by DappReview

Vincent Niu
DappReview
Published in
23 min readJan 8, 2020

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Dapps (Decentralized Applications) are considered as one of the pathways to massive adoption of blockchain, and also an important indicator for evaluating the usage of a public chain. DappReview has been dedicated to providing valuable insights and industry trends through data. This annual report will focus on the following:

  1. The current state of dapps ecosystem on each public chain
  2. Observation and analysis on trending topics (e.g. DeFi, NFT and games)
  3. Data-driven insights and outlooks for 2020

Overview

In 2019, the whole dapp industry continued to thrive and evolve. 1,955 new dapps were added to DappReview, making the total number of dapps over 4,000. The total value of on-chain transactions reached 23 billion USD. In terms of the scale of users, though it remains far behind any widely used centralized applications, the industry has attracted many new developers and users. With more and more people getting involved, new ideas and new blood have been brought into the industry. Over the course of 2019, a series of breakthrough innovations have emerged, especially on DeFi (Decentralized Finance), NFT (Non-Fungible Token) and blockchain games.

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Vincent Niu
DappReview

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