After announcing the launch of its own governance token, the popular Dapp data analysis firm DappRadar is set to airdrop its tokens in the second half of December this year.
DappRadar provides on-chain data about the Dapps (decentralized applications) market and NFTs. Currently, it handles nearly 30 protocols and information on about 10,000 dApps, with the number of active users exceeding 1 million every month.
RADAR tokens will be air-dropped (freely distributed) to the DappRadar community, rewarding existing, long-term DappRadar users & partners who have contributed to DappRadar. The company noted that it will not conduct any pre-sale of tokens.
DappRadar announced the move in a blog post where it answered the most common questions about RADAR tokens. Answering the question “Will there be a presale for investors?”, the firm replied:
“No, we have decided to prioritize our community instead of attracting investors. This is the reason that there won’t be a RADAR token presale. We want to give back to the people who have been loyal to us over the past years. They have helped us grow to where we are today.”
In addition, DappRadar revealed that it has plans to become a decentralized “app store” in the Web3.0 era. In a Dapp store, each Dapp will be available to download on a single platform.