Nischal Shetty, Anshul Dhir, and Ajeet Khurana, the founders of Shardeum, participated in the seed round that Dapps concluded. The precise sum was kept a secret. The fund generated will be put to use in the ongoing development of the product.
Dapps will make it possible for applications built on various chains to communicate with one another. Mohit Madan, CEO and Founder, of Dapps and UniFarm, stated:
“We are delighted to receive support from the best in the industry for our highly ambitious project Dapps. More than funding, we are looking forward to a collaborative ecosystem where inquisitive minds come together from all walks of life to make Dapps a part of our daily lives.”
Decentralized applications, both new and old, could be launched and made profitable with the aid of the app. Integrating communication is essential today since users depend on it so heavily as technology advances.
By providing on-chain communication and notifications, Dapps boost retention while also resolving other issues with discoverability and visibility. This provides customers with a seamless experience and aids projects in creating a community around their products.
The app is a decentralized app store that is open-source in order to increase adoption in the market. Similar to how the internet is invisible to you while you read this, the goal is to make Web3 invisible to users. It provides developers with a better set of tools for attracting and keeping customers as well as a better means of monetizing their applications so that Web2 developers can establish themselves in the Web3 environment.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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