Crypto analytics provider Dapp.com secures $500K funding from FBG Capital, Landscape Capital
Thu, 25 Jul 2019, 06:48 am UTC
Dapp.com, a crypto analytics provider, has secured $500,000 from FBG Capital as well as Landscape Capital, according to CoinDesk.
Dapp.com provides analysis to thousands of ranked decentralized apps (or dApps) built on Ethereum, EOS, Steem, Tron, TomoChain, IOST, and Blockstack. It plans to launch a dApp store, in which investors can acquire DAPPT tokens, which they can use to avail discounts for services and to list products through staking.
“Dapp.com has a well-recognized product, a strong team who executed well to establish solid traction,” Vincent Zhou, FBG Capital’s founding partner, said. “The application layer that they are building up will speed up the adoption of blockchain into people’s daily lives.”
The Dapp.com Store aims to provide a built-in wallet solution for utility tokens that will allow users to use dApps from all different blockchains. It also offers a market data tool for developers and researchers to obtain a better understanding of the dApp market.
In addition, the firm plans to introduce Dapp Analytics, a comprehensive tool that will help developers evaluate the performance of their products, users, and marketing, as well as a Multi-Blockchain Identity Network and Cross-Chain Dapp SDK.
“We are putting the theory into action to build a multi-chain compatible dapp store that we believe will drive the future of blockchain,” Kyle Lu, Dapp.com Founder, said, adding that his company and FBG have the same vision.
As per the report, FBG Capital, a major crypto investor and trader in Asia, and Landscape Capital, an investment management firm, will also help Dapp.com attract more investors, including MakerDAO, Terra, and Celer Network.
Just recently, cryptocurrency exchange KuCoin has listed Dapp.com (DAPPT), with support for trading pairs including DAPPT/BTC and DAPPT/USDT.
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