DappRadar will launch its own RADAR token

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Analytical service DappRadar announced a “restructuring” to the Dapp Store and plans to launch its own RADAR token.

According to DappRadar, the token will participate in the process of managing the store of decentralized applications and its holders will be able to make decisions on the development of the ecosystem. DappRadar co-founder and CEO Skirmantas Januškas emphasized:

“We built DappRadar around decentralized applications. Decentralization is the core of our success, and now is the time to go to the next level, to make DappRadar truly decentralized. We will make the community even more cohesive and lay the foundation for the ecosystem to thrive for years to come. ”

A decentralized app store will allow DappRadar to provide users with a choice of the highest quality and proven apps. At the same time, unlike centralized app stores, the company does not plan to charge a commission.

Now the platform has 8,300 applications on 27 blockchains, and in the future the company plans to add support for new networks.

In early November, the Ethereum Name Service (ENS) domain names project announced the launch of a governance token.

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