DappRadar to Shut Down After Seven Years, Citing Financial Unsustainability

Crypto data platform DappRadar announced on Nov. 17 via social media it will close operations, stating financial sustainability has become unattainable at its current scale. The platform, which launched in 2018 inspired by CryptoKitties, served millions of users in discovering decentralized applications and partnered with hundreds of blockchains and thousands of developers. The shutdown process will include ceasing blockchain and dApp data tracking, with services to be gradually discontinued. Future arrangements for the DAO and RADAR token will be communicated through standard DAO channels, with key decisions pending and community input anticipated.