Decentralized applications are software that interact with the blockchain in DeFi (Decentralized Finance) keeping track of the state of all network participants. Ethereum dapps development services have the same interface as any other website or mobile application today however their core functionality is represented by smart contracts.
There are already major dApps with massive user bases such as Empire, Augur, Basic Attention Token, Compound etc, that carry multiple sources of revenue for a viable business model. all you need to know is âhow to make money with dappsâ. So, these were the eight effective decentralized apps business models and strategies you can look ahead to enjoy maximum revenue from your dApp development.