Simply described, a decentralized application (DApp) is an application that can run independently using smart contracts fully functional on a distributed ledger, blockchain, or decentralized computing platform. Instead of being controlled by a single organization or authority, as is the case with traditional programs, DApps run autonomously and grant rights to their users through the distribution of ownership-representative tokens. Here’s our pick of the top 3 Most popular DApps in November 2022.
This List is sorted by their 7days volume rating, from the lowest to highest.
- Volume: $340.72k
- Balance: $1.78M
- Transactions: 77.25M
- Category: Games
You can play with special digital items in the NFT Metaverse called Alien Worlds (NFTs).
In addition to increasing the planet’s reward pool, players stake Trilium to planets to cast ballots in future planetary elections.
You can vote in weekly elections for council members, offer suggestions regarding allocating the planet’s funds or even run for planetary council yourself.
For their mining, combat, and mission strategies on Binance Smart Chain (BSC) and WAX, players may use NFTs game cards.
Exchange: Trilium (TLM), priced at $0.01523, is currently trading live on Binance, MEXC, Bitrue, XT.COM, and Tapbit.
- Volume: $2.28M
- Balance: $1.03k
- Transactions: 1.8M
- Category: DeFi
Founded in 2021, OwlDAO is a multi-chain DAO that aims to be the leading iGaming solution for Web 3.0. The DAO assists other initiatives in developing their own Defi gaming suites with more than 3000 authorized casino games.
The DAO achieves this by modernizing established online casinos and fusing them with the brand-new Defi World, bringing together over 30 of the most renowned game providers in the world inside an entire blockchain-based engine, enabling users to play thousands of games by simply connecting with their wallets.
All networks that are EVM compatible, including WAX, EOS, Near, etc., can receive solutions.
The top blockchain-based gaming supplier for DeFi Projects is OwlDAO. The DAO supports projects in creating their Casinos to GameFi tokens.
Exchange: OWL, the governance token of the OWL network, is priced at $0.012827, trading live on MEXC and PancakeSwap (V2).
- Volume: $5.92M
- Balance: $2.51M
- Transactions: 295.37k
- Category: High Risk
The DRIP Network’s Faucet is a low-risk, high-reward contract that pays out a 1% daily return on investment up to 365% and functions similarly to a high-yield certificate of deposit. Players can increase and prolong their earnings through deposits, hydrating (compounding) incentives, and team-based referrals.
DRIP is intended to reward holders while taxing sellers. Inflation is not compensated for by taxes, which aids in maintaining the price.
The Reservoir is another yield farming solution offered by DRIP. For players who seek to gain from non-inflationary yield farming by supplying liquidity to DRIP, The Reservoir is The DRIP Network’s answer. Additionally, the Reservoir has taxes that benefit the holders and raise the price floor through locks.
Exchange: DRIP token, priced at $2.07, is currently trading live on PancakeSwap (V2).
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!
Image Source: thodonal/123RF // Image Effects by Colorcinch