Well, butter my biscuit! For the first time in history, dapps are raking in more dough than blockchains. This has folks scratching their heads, wondering if blockchains are just fancy paperweights without their flashy dapp sidekicks. And guess what? This could be the dawn of the appchain era. 🚀
Dapps Are Raking in the Big Bucks
It seems the decentralized finance world has flipped the script. Applications are now stealing the spotlight from the very technology that birthed them. According to a report from Milk Road, a crypto newsletter that’s sharper than a porcupine in a balloon factory, dapps have out-earned blockchains for the first time ever. 🐄
Milk Road’s findings show that while blockchains pocketed a cool $1.4 billion in revenue, dapps strutted away with $1.8 billion in Q1 2024. This has folks wondering if blockchains are just the scaffolding holding up the real stars of the show. 🏗️
Milk Road argues that this marks a seismic shift in what’s considered valuable in the blockchain world. Blockchains used to hog the spotlight, but now it’s the builders and their dapps that are stealing the show. 🎭
As Milk Road put it:
No one logs on just to use a blockchain. (Users) come to trade, play, invest, socialize, and spend. That’s where attention goes and where revenue really flows.
As the market tilts in this direction, we might see more dapps launching their own chains to keep the cash flowing. Why let someone else take a cut when you can keep it all for yourself? 🤑
Take Uniswap, for example. This popular crypto-swapping dapp decided to cut out the middleman and launched its own chain. By doing so, Uniswap aims to pocket the $70 million it used to pay in fees to Ethereum. Talk about a power move! 💪
But it’s not just about the money. Dapp builders can also tweak these chains to better suit their needs. Uniswap’s Unichain boasts faster block times, cheaper transaction fees, and better MEV protection, making it a more user-friendly option than Ethereum. 🛠️
Milk Road predicts this trend will only grow. “We believe more apps will launch their own chains, bringing their users with them. It’s not just smart, it’s inevitable,” it concluded. So, buckle up, folks. The appchain revolution is just getting started. 🚂
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2025-04-16 07:57