CDS Crypto News DappRadar’s 2022 Report
Crypto News

DappRadar’s 2022 Report

597
DappRadar's 2022 Report

This report covers the performance of DappRadar in 2022. The report examines application integrations, the way they interact with the community, and the most popular dApps among users. However, the platform, as always, uses statistical data to support the results. And they will use this data to improve themselves and their products next year.

An Overview of DappRadar

Developers have sent 8,255 dApps to DappRadar this year. 5,604 of these dApps were manually verified by the platform team. 1,523 were accepted by machine learning tools. However, 72 dApps still require approval to be included in the ranking. However, to protect their community, the DappRadar team also rejected 1,056 dApps due to the need to show only verified dApps.

The dApps that were sent to the DappRadar, which rose from 7,187 to 8,255 last year, marked a new milestone for the platform. There is a lot of development going on and a lot of developers are sending their work to DappRadar. Therefore, it is obvious that Web3 will be used more widely in 2023.

The majority of the dApps reported to DappRadar are in the DeFi and Games category, as shown in the graph below. Decentralized finance accounts for 30.5% of approved dapps, of which 18.9% are games.

This situation shows how current Web3 investments and resources are focused on these two sectors in 2022. For example, the gaming sector has recorded significant growth in recent months, and it is a fact that a similar, or even greater, growth is expected in 2023.

Who Are DappRadar Users?

Statistically, the platform’s users can be considered in 3 different categories.

Geographic Location

The graph above shows that about 18% of DappRadar‘s annual traffic originates from American IP addresses. More than 50% of the remaining traffic is generated by 24 countries and regions. China, India, Indonesia, Singapore, and Russia are some of these countries. Their share in the chart is quite high compared to other countries and regions on the list.

Age, Gender, and the Device Used

All age groups are in DappRadar‘s user base, but Generation Z and Generation Y have a more dominant percentage. The age distribution of users is very similar to the age distribution of Internet users around the world. However, the comparison below reveals that Generation Z and Generation Y have a greater penetration rate in the dApp industry than other age groups.

More than 52.8% of users regularly visit DappRadar from desktop computers, while the remaining users use mobile devices. However, 76% of users are male, making up the majority in terms of gender distribution.

Hobbies

Based on their interests, DappRadar has created rough drafts of the profiles of its users. The following categories include the ten most remarkable types of people.

How Do Users Prefer to Use DappRadar?

The information below shows that the Rankings tab is the category most frequently visited by people. There are two reasons why people prefer this category to find the best dApps. The first is that it powers the world’s Dapp Store. The other is that it uses metrics that can be verified on-chain and taken directly from blockchains. The Rankings section accounts for 26.8% of all visitors to DappRadar, proving how important the platform’s work is.

Pages related to games, on the other hand, are among the second most visited category. Games accounted for 49% of all application activities in 2022. This sector has the fastest Web3 growth. This shows that a large part of DappRadar users visit the pages to find the best new games.

NFT-related pages on DappRadar make up the third most frequently visited category on the platform. The year started well for the digital collections, artworks, wearables, and virtual real estate market, but in the second half, spending declined significantly. In January 2022, traders spent $ 5.7 billion on NFTs. However, this amount has decreased to 0.5 billion dollars as of November.

The Most Talked-About dApps of the Year

Over the past year, DappRadar has worked to increase the transparency of the dapp industry. DappRadar highlights dApps on its blog that outperform competitors or quickly attract attention. The dApps in each category that were included in the DappRadar Rankings this year and gained momentum among DappRadar users are shared below:

  • Game – Tiny World
  • Social – Galxe
  • DeFi – GoodDollar
  • Marketplace – X2Y2
  • Collectibles – Otherdeed for Otherside

In short, these are the most popular dApps in 2022.

Final Say

Transparency is the most important component of the Web3 industry. This is one of the most important lessons that can be learned when considering the year 2022. This developing industry can be extremely vulnerable to unforeseen circumstances. The platform helps consumers gain comprehensive and unbiased insights about dapps, protocols, and blockchain ecosystems by providing data-driven information about DeFi, NFTs, games, and more.

Even though the bear market was entered in 2022, Web3 implementers and developers still have not lost hope. The platform contains more dApps this year. This in turn helps consumers to see a more accurate map of the blockchain ecosystem. As developers continue to create, the platform also aims to provide users, investors, and other stakeholders with better tools to help them better understand this rapidly developing industry.

References

www.dappradar.com

Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

DOGE Rally Continues After Musk Hints at X Payments Feature

DOGE Rally Continues After Musk Hints at X Payments Feature

Dogecoin Price Surge: How Elon Musk’s X Platform Could Drive the Next Bull Run

Dogecoin's price surged by 4% to $0.40 following Elon Musk's teaser about...

Scott Bessent: Trump’s Pick to Lead U.S. Treasury and Boost Crypto

Scott Bessent's nomination as Treasury Secretary could shape U.S. crypto policy. Learn...

XRP Price Surge: What Gary Gensler’s Resignation Means for Ripple and Crypto

XRP's price surged 20%, reaching its highest point since May 2021, following...