Blockchain Analytics Platform DappRadar Shuts Down Due to Financial Challenges
Blockchain Analytics Platform DappRadar Shuts Down Due to Financial Challenges
DappRadar, a prominent blockchain analytics platform known for tracking decentralized applications, has announced its permanent shutdown due to ongoing financial difficulties. Established in 2018 during the CryptoKitties boom, DappRadar served as a key resource for blockchain insights. The company stated it will address matters concerning its DAO and native RADAR token.
DappRadar, a leading blockchain analytics platform that has been tracking decentralized applications since 2018, is ceasing operations permanently. The company cited severe and ongoing financial challenges that made its continued operations unsustainable. Since its inception during the CryptoKitties boom, DappRadar grew to become an essential tool for millions of users and thousands of developers seeking insights into the blockchain ecosystem. The company has stated it will manage outstanding matters concerning its Decentralized Autonomous Organization (DAO) and its native RADAR token.