Top 3 Ethereum Apps
Ethereum launched DApps (Decentralized Applications) in 2015 as a “secure backbone” for developers. The company has so far kept its promise of letting developers use its technology for developing new software applications. The innovations so far have been free of any downtime, third-party interference or censorship.
These DApps are a major contributing reason for Ether’s (ETH) success and popularity. A lot of the top applications have the crypto trading facility common amongst them. Applications such as Idex, LocalEthereum, ForkDelta, CryptoKitties, and Bancor facilitate crypto asset trading, albeit with different business models.
A lot of these decentralized applications were built with the goal of mass adoption in mind. LocalEthereum and Bancor have simple designs to encourage participation from the masses and to make crypto trading interesting, fun, and accessible for them.
Top 3 DApps
- Idex: Idex has almost 6,500 users within the average 24-hour time period. It is one of the most utilized Ethereum DApps. It is a decentralized crypto exchange platform by Aurora, known for its series of financial services apps. The platform was launched in October and has experienced rapid growth. It specializes in trades between ETH and ERC-20 tokens.
- ForkDelta: It sees over 2,200 users a day on average, making it the second most utilized DApp. Just like Idex, ForkDelta offers Ether and ERC-20 token trading features. The project was started as a fork for EtherDelta; however, ForkDelta continues to be used as EtherDelta’s smart contract for the time being.
- Bancor: Bancor, on average, has approximately 560 users in 24 hours, which makes it the third most-used application.
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