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Decentralized Application Economy

Definition

The Decentralized Application Economy refers to the economic activities and value exchange occurring within decentralized applications. This economy encompasses the creation, usage, and trading of tokens, digital goods, and services facilitated by dApps operating on blockchain networks. It represents a shift from centralized platforms to peer-to-peer interactions governed by smart contracts. Participants derive value through various mechanisms, including utility token usage, governance rights, and liquidity provision.