Decentralized applications are software that interact with the blockchain in DeFi (Decentralized Finance) keeping track of the state of all network participants. dapps blockchain application development have the same interface as any other website or mobile application today however their core functionality is represented by smart contracts.
There are already major dApps with massive user bases such as Empire, Augur, Basic Attention Token, Compound etc, that carry multiple sources of revenue for a viable business model. all you need to know is “how to make money with dapps” the answer to how to make money with dApp takes startups and enterprises through many routes. Following are the unique revenue earning models for businesses with dApps:
So, these were the eight effective decentralized apps business models and strategies you can look ahead to enjoy maximum revenue from your dApp development.
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Decentralized applications, or dApps, have gained immense popularity in recent years due to their transparent and secure nature. While building a dApp development is a significant achievement, monetizing it effectively is equally important for its long-term sustainability. In this ultimate guide, we will explore various strategies and approaches to help you monetize your dApp successfully.