DappRadar DAO Newsletter - October 2024

gm RADAR fam,

We’re seeing a bounce. Across every metric in the entire market. Crypto prices have gone up again. We’re seeing increased activity on Ethereum now, and even NFT trading volumes seem to increase. Furthermore, CZ has been released from prison, and there’s increased interest around tokenization, a potential multi-trillion dollar market. As the World’s Dapp Store, we can provide insights through our Rankings, signals through our Alerts, and knowledge and education through our reports, dashboards, Quests and other features.

It’s no longer a question whether crypto will make, but more where blockchain technology will make the biggest impact first. Many have always thought gaming would be the catalyst, while the rise of AI dapps could signal a different direction. Nonetheless, the question isn’t if, but more when and where.

That’s why we, together with you and our community, are building the World’s Dapp Store. We will help people to discover, find, analyze and track Web3 projects. We’re still building, and in this newsletter I will tell you all about the events that have taken place in September 2024.

General

September has been a nice month for PRO members, the most dedicated group within our community. These users stake 30,000+ RADAR to unlock the benefits of the PRO membership, which includes various tools and services to help them discover exciting new projects in Web3. One of those advantages is the PRO airdrop, an initiative to not only reward PRO members, but also help them to get onboarded into new ecosystems.

In September we had the Lyvely PRO airdrop. Lyvely is a Web3-enabled social media platform, and they have incorporated their own LVLY token. PRO members will receive this airdrop from the Lyvely team, if they have completed the tasks associated with the mandatory quest.

In addition, we finalized Season 1. For many months users could level up their account, complete Quests, press the gm button every day, to level up their account. Based on the XP earned, the top accounts have received their rewards for their participation. Reward claiming requires a user action, and users receive rewards based on different tiers. Reward claiming has now been closed, and we’re preparing for Season 2.

DappRadar DAO & RADAR

While we had various DappRadar Community Proposals happening in August, September has been relatively quiet. The vote for DCP-28 has been finalized, approving the allocation of 80 million RADAR to GSR, to support and manage liquidity on the market.

Despite the lack of proposals in September, there are still plenty of discussions happening on our Forum and on Discord. This month we welcomed @Rhizencrypt @sidneyakpaso and @Berry as contributors to the DAO, please read more about Community Contributors elsewhere on our Forum.

I know @vandynathan is cooking, so let’s see if we can talk about more things next month… :smile:

Have your friends gone PRO?

Right now we have 907 PRO members. That’s up 29 from last month, which suggests that we welcome approximately 1 PRO member every day. Let’s work together to bring that number to 3 PRO members per day, which should mean we hit 1,000 PRO members next month.

Let’s make this happen, share the PRO membership with your friends, tell them about the benefits, and if they don’t like it they can always unstake their tokens.

Everybody holding RADAR tokens can have a say in our votes. The bigger your RADAR token holdings, the more impact your vote can have. Having a vote is part of the PRO membership, but as a PRO member you also…

  • Get a vote equal to your amount of staked RADAR
  • Earn a 15% APR on your staked tokens
  • Receive exclusive Quests and Airdrops from partners
  • Gain access to advanced tools and filters on the DappRadar platform

This is one of the most beneficial memberships in Web3, so let’s talk about it!

Integrations on DappRadar platform

There are many integration partnerships in the pipeline, but because of non-disclosure agreements we can’t talk about these yet. So, I won’t.

However, in September we did reveal a couple of those integrations. We welcomed Mantle Network, a L2 network built on top of Ethereum. In the past week Dapps Volume has been on the rise, growing 450% to more than $106 million. You can find the biggest contributors to that success in our Mantle Network Ranking, and you won’t believe the number one.

In addition we announced the upcoming integration of Etherlink. While we also launched a Quest with Space ID to celebrate the integration of their identity services into our product.

Three reports in September

Thanks to the efforts of our blockchain analyst @saragher22, we published 3 reports in September. In addition, Sara has been making dashboards, to make data used in the reports easier to retrieve. Ultimately this will benefit anybody working on research reports at DappRadar, now and in the future.

In September we published the following reports:

Closing words

September means the end of Q3 2024, but that also means we are now in Uptober. The tenth month of the year has historically been the most profitable one for bitcoin traders. This market sentiment also brings more eyes on the dapp industry, and that’s where DappRadar can shine. So, whenever you talk about dapps, chains and ecosystems, also share screenshots of DappRadar. We are working together to make the World’s Dapp Store the most important discovery tool in Web3, and that also means we need people talking about DappRadar. Tell me, which new dapp have you discovered today?

4 Likes

i got asked how many pro users we had other night and i said 200 and something 300 and something i think =D nice to know the number =D

Thanks for news letter rob =)