Tron’s DApp World Relies On The Gambling Industry
Tron’s DApp World Relies On The Gambling Industry
January 25, 2020
Tron’s DApp World Relies On The Gambling Industry
Tron’s DApp World Relies On The Gambling Industry
January 25, 2020

Tron has made a name for itself in the crypto asset space and DApp world, although a huge portion of the protocol’s transactions relies on the gambling industry.

It has been reported that a hefty 17 of the top 25 most-used Tron DApps fall in the gambling category on DappRadar’s list of most popular Tron protocol-based DApps.

However, the eight non-gambling Tron-based DApps on the list fall in several other categories, such as High-Risk, Exchanges and a general “games” tag. These non-gambling Dapps host significantly less volume than their gambling counterparts, with the exception of two other applications listed as exchanges.

In contrast, the top 25 Ethereum-based DApps counted only three gambling applications.

In April 2019, it has been shown that Tron touting the most rapidly expanding group of DApp users.

As it has been reported in January 2020, Ethereum, Tron, and EOS ran the show in 2019 in terms of DApp usage by taking a combined 98.65% of the total DApp transaction volume for the year.

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Likewise, Tron’s ecosystem posted a staggering $4.4 billion in volume in 2019, with its gambling DApps filtering approximately 89% of that money flow, as DappReview said in its 2019 DApp write-up by calling Tron’s decentralized application ecosystem, “Las Vegas on the blockchain.”

Thus, in the meantime, Justin Sun, the Founder of Tron, pulled up a chair next to Steve Wozniak, the co-founder of Apple, for lunch earlier this week, tweeting about the meal after the fact on January 24.

Source: cointelegraph.com


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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