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DApp is a factor that determines the value of cryptocurrency, as it is used for cryptocurrency!
If there are more uses of currency and more people use it, the value will increase accordingly๐
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First of all, it is important to decide what kind of asset you want to use the DApp for and what its purpose is!
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Choose a category according to the service you want.
When selecting a DApp, select one that fits the category based on the intended use!
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DEFI (Decentralized Finance): Virtual assets support transaction services such as loans and insurance without a centralized platform and personal data sharing.
- Lending : A lending platform that allows lending and borrowing through liquidity provision
- Staking (deposit): The most popular defi that can earn interest through cryptocurrency deposits
- DEX: A token exchange-like platform
- Peer-to-peer(P2P) trading and prediction markets: betting on sports and economic outcomes, peer-to-peer trading platform
In addition, decentralized financial products such as decentralized investment, crowdfunding, insurance, and asset portfolios.
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Furthermore, there is an arts and collectibles marketplace that handles NFTs, P2E games, and M2E Protocol that can use virtual assets through decentralized games!
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And our Burrito Wallet, which manages all of this, is also a DApp. ๐
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For reference, when accessing these Dapp protocols, don't forget that you must connect your wallet, โWallet Connect,โ ๐ This part will be explained more in the โHow to use DAppโ section!
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