Are Distributed Apps Dying Out or Evolving?
Distributed apps are growing, but users are moving away in 2019 - will only the best dApps survive, leaving the rest in history?
Distributed apps are going through a contraction in the past few months. While the creation of dApps soars, users have dwindles, shows the collectedresearchof State of the dApps. It seems like dApp usage peaked at the end of 2018, and since then, users have been dropping away.
But what has been happening is that smaller dApps are disappearing, while a handful of leading games or gambling solutions attract most of the users. State of the dApps alsoreportsthat 66 dApps have gone under in June 2019. Some dApps disappear due to disuse, and even their links die out, the monitoring service noted.
Mass dying events in crypto are not unusual, especially given the mass hype in which different projects are taken up. In the past years, a mass disappearance of anonymous coins was observed. The reason for that was that the coin creation was extremely easy. Dapp creation was also relatively easy - but finding users was not, especially for the multiple gambling, lottery and meme games.
Dapps disappeared on all networks, including Ethereum, EOS, andTRON. Currently, a few gambling apps remain at the lead for all networks, and there is talk of potentially faked volumes, especially on the EOS and TRON network, which do not have transaction fees in gas.
EOS, however, remains the network with the largest number of dApps, with 288 various applications and more than 72,000 users in 24 hours. On the contrary, Ethereum holds more than 2,500 dApps, but with only 18,000 users. One of the reasons is that EOS carries separate user accounts and makes it easier to count the separate accounts. Using a dApp on EOS is also free, unlike on Ethereum, where gas fees must be paid for each transaction, quickly adding up.