Dapp Token (DAPPT) is a utility token.) within the Dapp.com ecosystem. Dapp.com is a Dapp distribution platform. The platform enlists more than two thousand dapps built on major blockchains like TRON, Ethereum, EOS, Steem, TomoChain, IOST, and Blockstack. Dapp.com aims to create a data-based blockchain application ecosystem to enable users to utilize all decentralized apps without barriers.
As stated in its whitepaper of Dapp.com, there are several issues related to the adoption of dapp. The Dapp Market Report of 2019 states that less than 2 percent of Ethereum users have used Dapps due to poor user experiences. The Dapp.com consists of Dapp Store and Multi-chain Identity Network (MIN), whereby users do not need to install wallets and digital assets to utilize dapps. Therefore, Dapp.com aims to improve the Dapp user experience on the platform.
Dapp Token (DAPPT) is the ERC-20 token standard issued on the Ethereum blockchain. The tokens holders of DAPPT can utilize the cryptocurrency for paying service fees of the Dapp.com platform. The DAPPT token can also be utilized for community voting for Dapp projects. Moreover, by staking DAPPT, Dapps.com aims to launch Dapp.com Launchpad and Dapp.com Store. Users can also utilize the token for partnered projects. The token holders of DAPPT can pay DAPPT as gas fees for deploying crypto assets on several blockchains through the Dapp.com platform.
