671 total views
GamblingĀ persists as a primary use case for āthe blockchainā into 2019, with almost half of theĀ top 100 decentralized apps (dapps) still betting-related.
Blockchains EOS and TRON have also solidified themselves as competitors to EthereumĀ $ETHā¼1.15%Ā this year. Together, they make up 74 percent of the top 100 dapps ranked by daily user count, according toĀ DappRadarĀ data reviewed by Hard Fork on May 21.
While most of the top dapps run on EOS and TRON, a majority of those platforms areĀ online casinosĀ that offer blackjack, roulette, and other games of chance powered byĀ cryptocurrency.
Indeed, 64 percent of TRON dapps featured in the top 100 were for gambling.Ā Similarly, 51 percent of topĀ EOSĀ dapps allow users to betĀ cryptocurrency.
As far asĀ Ethereum goes, 48 percent of its top dapps were blockchain-based games likeĀ CryptoKitties, and only 17 percent were related to gambling.
There were 74,567 dapp users on May 21
DappRadar data indicates these casino dapps are still very popular with users, as well as blockchain-based app developers.
On May 21, 33 percent of all users of top 100 dapps were cryptocurrency gamblers over the preceding 24 hours.
Interestingly, dapps categorized as āOtherā seem to attract the most users, despite the amount of blockchain-based casinos currently operating.
These appear to be designed purely to distribute blockchain-based tokens in a variety of ways, such as rewarding users for posting and interacting with content.
Earlier this year, cryptocurrency gamblers (and their dapps)Ā left the Ethereum en masseĀ to gamble their digital assets on rival blockchains EOS and TRON.
A few months later, TRON founder Justin Sun urged dapp developers toĀ refrain from launching gambling dappsĀ in Japan to appease local regulators, but itās still unclear whether those calls were effective.
Disclaimer:
Blockcast.cc does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.
