AI-Powered DApps Overtake Blockchain Games in Web3
CryptoNewsTerminal Staff07 Aug, 2024
AI-Powered DApps Overtake Blockchain Games in Web3
AI-powered decentralized applications (DApps) are rapidly gaining market share in Web3, surpassing blockchain games for the first time. According to a recent DappRadar report, AI-powered DApps now command 28% of the Web3 market, compared to blockchain games' 26%. This shift highlights the growing interest in AI technology and its potential applications in Web3. AI-powered DApps offer a wide range of advantages, including enhanced user experiences, more efficient and personalized services, and improved security. The report also notes a significant increase in the number of unique active wallets interacting with DApps, reaching an all-time high of 15.9 million in July. This surge in adoption indicates the broader acceptance and recognition of DApps' value within the Web3 ecosystem. As AI technology continues to advance, we can expect to see even more innovative and groundbreaking AI-powered DApps emerge, further driving the growth and adoption of Web3.
