About DApps

omniloquent (59)in #business • 6 years ago

Using dApps like Steemit is so cool to me. Its like we(the users/crypto community) is truly in the early innings of a financial and technological revolution. There are a bunch of crypto projects with just a whitepaper, no working product, no nothing, just pure speculation. But, there are also projects/coins/tokens that are creating applications that will be used in the future by the masses. In this article, I'll highlight some that I am most excited about starting with good ol' Steemit.

Why I am excited about Steemit

Steemit is truly a revolutionary platform in terms of content creation. Rewarding publishers with actual money to write is amazing. It's a great idea. Now, there are a bunch of issues but 1m users in December of 2017 isn't one of them. Because Steemit has been around since 2016, it has been able to gain traction within the crypto community and been able to be worked on by many entrepreneurs such as @yallapapi and @fredrikaa. Steem is the most active blockchain in terms of tx's, and it is definitely the most used blockchain based application. Yeah, its still in beta but whatever, it will be huge one day.

Phore Marketplace

Phore has created a marketplace similar to eBay in which buyers/sellers interact in a true p2p market to buy/sell goods. This coin is still a low cap and has yet to receive much exposure but I believe they soon will. They are working on a plethora of updates and features for the next few years.

BitTube

BitTube, like Phore, is a really small project thus far. Its market cap is sub 10m, yet the project is amazing. Essentially, it is a decentralized YouTube with rewards going to viewers and creators. So, since BitTube is a PoW coin, when you watch someone's video you use your computing power to mine the coin for their benefit. The interface has gone through updates consistently and the team has kept everyone updated. I really like this dApp.