At present, Ethereum hosts over 90% of the world’s smart contracts and DApps. Which is why Ethereum is known as the undisputed king of smart contracts and DApps (Decentralized Applications). No centralized entity has the power or control over DApps since they are deployed on a distributed ledger or blockchain of Ethereum. We have done a rundown of the best DApps that are useful for their real-life usability. Without further ado, let’s get started.
8 of the Best DApps in 2021
Based on the lines of Upwork, Ethlance is a decentralized marketplace for jobs. Both job seekers and job posters can skim through job openings and hire freelancers hosted on the Ethereum blockchain. Since Ethlance is 100% decentralized, it doesn’t charge a registration fee or contractual work commission.
Interestingly, Ethlance charges 0% service fee on the transactions between freelancers and employers.
2) Local Cryptos (Formerly Local Ethereum)
If you have ever dabbled in crypto BTC and XMR respectively you must have heard these terms, Local Bitcoins or Local Moneros. Well, Local Cryptos (formerly LocalEthereum) is just the Ether version of those marketplaces for buying and selling Ether. However, the functioning is different.
LocalCryptos uses an escrow smart contract that locks up the seller’s ether until the seller notifies that they have successfully received the money from the buyer via a bank transfer, in-person cash handoff, or any other method. In case of disputes, the smart contract mentions an arbitrator (LocalCryptos) who has the sole discretion to award the ether to either of the two parties.
A DApp for building and managing decentralized autonomous organizations (DAOs), Aragon is powered by its native token ANT. It can be bought on Bittrex.
The concept of DAO is unique in that it fosters better governance and adds an extra layer of transparency to any company, organization, or non-profit or foundation by curbing intermediaries which are replaced by ethereum smart contracts.
One of the best dapps for gamers, CryptoKitties is a blockchain powered game where users can access digital cats, buy, sell or breed them. These digital cats or kitties are called NFT crypto collectibles. Each crypto kitty is unique and its valuation is determined by its generation and rareness: rare, super rare, etc.
Hosted on the Ethereum blockchain, CryptoKitties is an exciting DApp game that is quickly stacking up fans.
A ConsenSys-backed project, uPort is an identity management platform that aims to streamline digital identity and stop identity and data theft in crypto marketplaces. Powered by the Ethereum blockchain, uPort currently does not have a native token.
It is one of the best dapps that makes use of Ethereum’s prized smart contracts in a seamless manner. uPort seeks your permission to fetch data from your mobile as it writes in Ethereum’s smart contracts which can be shared by you whenever required.
IDEX is a decentralized exchange on Ethereum blockchain where you can buy, sell and hold Ether and ERC20 tokens. What’s more, you can pair IDEX with wallets such as MetMask or Ledger Nano S to fully strengthen the security of your funds and transactions whilst using this exchange.
Just as a heads up, while registering for the first time on IDEX please remember to save your back phrase/private keys/password since only that can restore your funds.
Another decentralized exchange on our list of the best DApps, Radix is a zero-fee exchange for Ethereum tokens (ERC-20) and the ERC223 token standard.
Interestingly, Radix is the first ever exchange that adopted the Saturn protocol, which is a DAO (decentralized autonomous organization) for all EVM blockchains.
Rounding off our list of the best DApps is Golem, a nifty platform which helps you harness the computing power of other computers that are situated far away. What’s more, it can even lend your system’s computing power to a friend/relative who needs extra computing power at the ready.
In other words, Golem is a robust decentralized supercomputer or a supercomputer marketplace where one can buy or sell the extra computing power. You can pay in GNT native tokens to purchase extra computing power from other users on the Golem network.
SEE ALSO: 7+ Best DeFi Lending Platforms in 2021