Post
Topic
Board Altcoin Discussion
Re: Why does DappRadar need $2.3 million dollars?
by
asriloni
on 21/11/2019, 05:27:18 UTC
I came across this article :https://www.financemagnates.com/cryptocurrency/news/dappradar-secures-2-3-million-in-naspers-led-seed-round/?utm_source=dlvr.it&utm_medium=facebook
It reads "DappRadar Secures $2.3 Million in Naspers-Led Seed Round"

It seems as if this site that I didnt think of much before has allured investors like Naspers Ventures, Blockchain.com, Angel Invest Berlin etc to collectively invest in it. But what I cannot understand is, why?
How would DappRadar recoup the investors let alone make a ROI? I don't know of any sustainable revenue model from DappRadar, are they now going to charge listing fees from Dapps to get listed there? But if they did that, wouldn't that go against the basic need of such a website that lists Dapps without any biases?

I am confused. Can someone explain this to me?

they will be charging the listing fees but that will not be specifically the developer will pay the dappradar directly. As far as I know, the competitor of dappradar called dapp.com has already made it and if you are willing to promote your dapp and you can start to register to the packages that already available in the market  https://www.dapp.com/promote

that can be an example of what will be the business field that will be aiming by dappradar



I saw this on my rss feed https://cryptobriefing.com/volume-statistics-dappradar-show-defi-underreported/
Does this mean all the money dapradar use to build more proper search engine for crypto? or what?
It will be related to the product and the search engine that will be built in dapp radar just an additional feature only.
I'm feeling skeptical if that will work perfectly.