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Top 30 social dApps
Top 30 social dApps
Blockchain

Top 30 social dApps

By Marco Cavicchioli - 13 Oct 2020

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A list of the top 30 social dApps by trading volume has been published

The infographic has been made available by Dapp.com on Twitter, and refers to a ranking published on their website.

It refers only to dApps that function as social networks, and takes into account the total volume in dollars generated in the last 30 days by their smart contract transactions. 

What immediately emerges is the abyss that separates the first one, Roll, from all the others. 

dapps

In fact, over the last 30 days, Roll has managed to generate a total volume of over two and a half million dollars, or more than $85,000 per day on average. 

It is a network that creates unique branded digital tokens allowing to own, control and coordinate the value created on all platforms. 

These branded tokens are called “social money” and are ERC20 tokens on the Ethereum blockchain. 

The interesting thing is that the monetary policy behind the issuance of this “social money” is managed by Roll’s smart contracts, and cannot be changed arbitrarily by anyone. After registration, the first two million units are issued, allowing the brand to make an initial distribution to its community. 

This is therefore a very particular project that is achieving much greater success than other social dApps.

In second place there is Thousand Ether Goatse with over $500,000 in volume generated in the last 30 days. 

All other dApps have generated less in a month than Roll has generated on average in a single day.

It is worth noting that the ranking takes into account not only dApps on Ethereum such as Roll or Thousand Ether Goatse, but also dApps running on other blockchains such as EOS, TRON, Steem, Tomochain, Icon and Hive

However, what is most evident is the very small trading volume in positions from the third down. In fact, with the exception of the first two, no dApp exceeds $2,000 in daily volume, while only five exceed $1,000. 

In fact, from the seventh position down, the total volume generated in the last 30 days does not exceed $5,000. 

Accordingly, these social dApps can be divided into five ranges in terms of trading volumes

Social dApps by daily volumes

In the first range, there is only Roll, which generates a very interesting volume. In the second, there is only Thousand Ether Goatse, which generates a volume that is quite interesting. 

In the third range, there are only four dApps that are starting to generate some volume, and in the fourth range, there are about ten dApps that generate a very low volume. 

Below that, there is a fifth range of dApps that generate negligible, if not insignificant, volume. 

 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

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