The DappRadar service has announced the launch of the native RADAR token

The new asset will make the company “truly decentralized”

29.11.2021 - 07:05

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The new asset will make the company “truly decentralized.”

What’s new? The official account of the analytics service DappRadar has published news about the future launch of the native RADAR token. The DappRadar representatives plan to maximize the decentralization of the service with it.

Introducing $RADAR. The token scaling the world's dapp store.N.B. $RADAR has not launched yet. Follow us to stay updated.https://t.co/6oDXuFpz5b— DappRadar (@DappRadar) November 25, 2021

What will the token’s ownership provide? The RADAR token holders will be able to participate in the management of the service and make important decisions about its further development. There are plans to launch their own decentralized application store in the near future. The official website lists this as the main purpose of the RADAR's appearance. The asset is positioned as “the token scaling the world’s dApps store.”

According to service head Skirmantas Januškas, the business decentralizing through the RADAR will build transparency and trust between all marketplace participants. The exact launch date of the new asset has not been announced yet.

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