whatsapp logo.img

DApps - The Core Of Web3 Ecosystem

» Home/Blog/DApps - The Core Of Web3 Ecosystem

Reach out to us to discuss your Web3.0 / Blockchain requirements.

← Back


How to Create a Cypto Wallet? [2024 Guide] Decentralized Physical Infrastructure Networks (DePIN) Substrate blockchain framework a comprehensive guide A Beginner's Guide to DeFi Yield Farming Fractional NFT Ownership: A Beginner’s Guide Cross-Chain DeFi Solutions What is Real Estate Tokenization Tokenization of Real-world Assets A Comprehensive Guide to Asset Tokenization Blockchain in Media and Entertainment Blockchain in Insurance Blockchain in Healthcare Blockchain in Finance Blockchain in Real Estate Blockchain in Supply Chain Management Carbon Credit Tokenization Explained- Basics and Benefits Blockchain Use Cases and Applications by Industry Blockchain in Identity Management Web3 Use Cases in Real-World Applications Top 10 Global Blockchain Development Companies 2024 How Does Blockchain Identity Management Revolutionise Financial Sectors? Top 10 Blockchain Companies in Ahmedabad that are growing rapidly The Future of Blockchain in 2024: Is it Dead or Just Evolving? Top 10 Web3 Global Development Companies 2024 Top 10 Blockchains to Use in 2024: An In-Depth Guide Future Reasons to Embrace Blockchain in 2024 Polkadot Scalability Solutions: Parachains vs. Parathreads Blockchain's Impact on Society: Real-World Use Cases and Examples DeFi Guide: Revolutionizing Finance Without Banks Blockchain Simplified: A Beginner's Guide to the Technology Solana: Pioneering Speed and Scalability in Blockchain Technology The Future of Blockchain: 10 Predictions for 2023 and Beyond 7 Key Blockchain Trends for 2023: Revolutionizing Industries Cosmos: Blockchain Interoperability Revolution Blockchain for Social Good: Addressing Global Challenges Revolutionizing Digital Ownership and Trade: The Future of NFTs Revolutionizing Digital Ownership and Trade: The Future of NFTs Revolutionizing Digital Ownership and Trade: The Future of NFTs Blockchain and Metaverse Revolution: Unleashing the Future Blockchain Impact on Cybersecurity: Benefits NFTs and Digital Art: Transforming the Creative Landscape Securing IoT with Blockchain: Safer Connectivity Real Estate Tokenization: Redefining Investment Decentralized Identity: Empowering Individuals in the Digital Era Blockchain Gaming Revolution: Play-to-Earn's Future Smart Contracts: Power in Business Legal Processes Blockchain in Supply Chain: Advancing Sustainability Blockchain and Philanthropy: Transforming Giving Blockchain News 2023: Trends, Adoption, Future Blockchain for Global Trade: Efficiency & Security Top 5 Blockchain Companies: Leaders in Technology Women in Blockchain: Diversity in Digital Revolution Cryptocurrency Rules in India 2023: Updates Blockchain in Film Production: Efficiency & IP Protection 5 Reasons to Adopt Blockchain Technology in Your Product Transforming Charity with Blockchain: Transparency Blockchain in Space Exploration: Mission Revolution Blockchain in Metaverse: Unlocking Potential Web3.0: Decentralized Social Networking and Content Creation Blockchain in Digital Voting: Security & Transparency NFTs Impact on Fashion: Enhancing Authenticity Blockchain in Agriculture: Transforming Traceability Exploring the Potential of Blockchain in Supply Chain Finance Web3.0 Gaming: Creating Virtual Economies and Incentives Blockchain and Sustainability: Environmental Impact Blockchain in IP Rights: Game-Changer for Protection Decentralized Identity: Privacy in Digital Age Blockchain in Logistics: Optimizing Supply Chain Operations CEXs vs. DEXs: Exploring Exchange Differences Blockchain Identity for DeFi: Challenges & Benefits The Impact of Blockchain in the Energy Sector Blockchain in Healthcare: Revolutionizing Patient Care NFTs Impact on Virtual Real Estate: Authenticity Exploring Blockchain Use Cases in Education Combatting Fake News and Ensuring Information Integrity Web 3.0 Impact on Social Media Platforms Blockchain for Social Impact: Empowering Communities Blockchain in Government: Enhancing Transparency and Trust Exploring Blockchain Scalability Solutions The Rise of DAOs: Empowering Decentralized Decision-Making DAOs in Finance: The Future of DeFi Token Economics: Designing Incentives in Blockchain Projects Blockchain Interoperability: Benefits Explored NFT Marketplaces: Evolution and Trends Blockchain vs. Counterfeit: Game-Changing Solution Gaming Revolution: Blockchain Transforms Industry Blockchain Security & Privacy Revolution Blockchain and AI: Synergies for the Future Web 3.0 Rise: Future of Decentralized Internet Challenges of Decentralized Finance The Benefits of Blockchain in Supply Chain Management NFT Marketplaces: Growth and Impact Unleashed DeFi & Borrowing: Decentralized Finance Revolution Blockchain Advancements: Trust in Digital Transactions Legal Insights on Non-fungible tokens (NFTs) DeFi Governance Models: Blockchain Investments Leveraging Blockchain for Enhanced Cybersecurity CBDCs and Blockchain: Future Financial Landscape ERC Token Standards on Ethereum Polygon vs Ethereum: A Comparison Aptos And Sui: Emerging Blockchains & How They Impact The Market Unveiling SUI: The Next Ethereum Killer? Aptos: The Fastest Layer 1 Blockchain? Understanding Proof of History Navigating Proof of Stake (POS) Unleashing the Proof of Work (POW) Necessity Of Token Development DApps - The Core Of Web3 Ecosystem ICO/IDO - Financing Blockchain Projects The Easy Way Demystifying Smart Contracts: Benifits & Drawbacks DeFi: Shaping the Future of Finance How to get the most out of NFTs?

The Core Of Web3 Ecosystem

Dapps, dapp store, trust wallet, dapps development company, Tron dapps development, dappradar, Ethereum price INR,

Understanding The Meaning Of DApps

DApps or Decentralized applications are web applications that run on nodes of a blockchain network instead of a centralised server. Hence, the name; decentralised application.

How Do DApps Work?

Decentralised Applications work very similarly to other Web 2.0 applications, except for a couple of added advantages. Dapps have their backend (primary system) running on decentralised nodes. They make changes to their system democratically using various consensus algorithms.

Many dapps use Ethereum blockchain for their data storage and smart contracts to execute functions. The smart contracts also act as the backend of these apps.

It is very similar to an ATM that dispenses cash when you enter your card and pin. Imagine you could access all ATMs at once, so you are not affected even if a few of them are not working. But ATMs are controlled by banks, and dapps are democratically governed by the entire blockchain.

Advantages Of DApps

The popularity of DApps results from many factors other than just market hype. DApps provide a plethora of opportunities for consumer protection, sharing data, storing and transacting value, etc.

Below are a few advantages of dapps:

  • Built-in Payments: No external linking is required, which helps keep your funds safe
  • Free from Censorship: There is no single ownership. Even if the Dapp developer bans you, you can still use the Dapp once deployed.
  • No Downtime: Dapps are decentralised. They depend on hundreds and thousands of nodes. Even if a few of them are down, several others can keep the system running.
  • Anonymous Login: Dapps are non-custodial. They do not store your information unless provided explicitly. If you wish to remain completely anonymous, you can do that.

Popular DApps And DApps Store

Decentralised Applications

  • Trust Wallet: It is a multipurpose dapp based wallet that can store Coins, Tokens and NFTs. It has a market cap of $235 Million.
  • Brave Browser: A non-custodial and privacy-focused browser specifically designed for Web 3.0. Automatically blocks advertisements. It has a market cap of $1 Million.
  • Pancake Swap: A Binance Smart Chain dapp made to provide liquidity to pools with a total value-locked of $4.3 billion.
  • Upland: A dapp game built on Polygon blockchain. The game is worth $500 million.
  • Just Lend: A Tron based dapp that uses defi protocol and has net assets worth $200 Million.

#Note: These values can rapidly increase or decrease if there is high volatility.

DApps Store

The most popular dApp store is Dapp Radar. The store hosts many decentralised applications from games, defi to NFTs, and much more. Other stores such as one featured inside Trust Wallet and Dapp Store.

DApp Market

As per a report by Emergen Research, the world Dapp market size is expected to reach $368.25 Billion by 2027. This forecast would correspond to a market growth rate of 56% annually.

Compare it with the annual growth rate of NIFTY (14%), Gold (12.5%) and Fixed Deposits(7.1%) over the past 20 years. With such high returns, it is natural that many businesses are eager to enter this domain.

We at Global Vox can support, establish and nurture your dream of entering this rapidly changing market.

DApps Development Company

Global Vox has formed a body to provide error-free solutions to the blockchain industry, named The Blockchain Team. We are not only just certified and skilled, but we also have the experience of developing IT solutions for over two decades.

With such experience comes the ability to solve complex issues with technology. We can make your idea stand on the ground with higher resilience and high scalability so that your business can take speed without worrying about capacity.


The rising prominence of DApps within the Web3 ecosystem presents lucrative opportunities for businesses. As the DApp market is projected to reach $368.25 Billion by 2027, it signifies substantial growth potential. For those venturing into this dynamic landscape, the collaboration with a proficient DApp development company becomes crucial. Global Vox stands ready to support, establish, and nurture your endeavors in this rapidly evolving market. Explore the boundless possibilities of decentralized applications with our tailored DApp development services. Your journey into the decentralized future begins here.

Shivi Sharma
Shivi Sharma
Blockchain Techlead @ GlobalVox || Web3 || Solidity || Hyperledger || ReactJs || NodeJs