Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche


A Network for DApps LiquidApps and the DAPP Token

The vision for LiquidApps (DAPP) is to take decentralized applications (DApps) mainstream.

LiduidApps (DAPP) plan is to build a DAPP Network that can take DApps to the masses. Hence, LiquidApps plans to build an AppStore for DApps. The DAPP Network users will pay for the DApps with the DAPP Token or LiquidApps EOS-based cryptocurrency.

A DApp is a digital robot or bot that operates on the blockchain. A DApp performs a function; or provides a service, just like the apps in your phone.

Apps are big business. Sensor Tower estimates that the two largest app sales platforms; generated $39.7 billion in app revenue during the first half of 2019.

Apps are Big Business

In detail, the Apple (NASDAQ: AAPL) App Store generated $25.5 billion in app revenue in the first half of 2019. Meanwhile, Alphabet’s (NASDAQ: GOOG) GooglePlay made $14.2 billion in app revenue during the first sixth months of 2019.

App revenue is growing dramatically. The App Store’s revenues grew by 13.2% between the first half of 2018 and the first half of 2019. In contrast, GooglePlay’s app revenues grew by 19.6% in the same period.

Moreover, Sensor Tower estimates there were 56.7 billion app installs during the first half of 2019. GooglePlay installs grew by 16.4% to 41.9 billion in the period.

Thus, there is a huge market for apps that generates vast amounts of revenues. Hence, LiquidApps business plan makes sense.

Are DApps better than Apps?

Theoretically, DApps could be more private, secure, and transparent than today’s Apps because they build DApps from blockchain. However, today’s blockchain is small, slow, clunky, hard to-connect with, and hard-to-scale.

Thus, today’s DApps are hard to connect to and use. LiquidApps’ vision is to make DApps as easy to download and use as the Apps in the App store.

In addition, the LiquidApps team wants to build a better connection between the blockchain and the internet. For instance, LiquidApps’ LiquidOracles DApp allows users to access data from any source or multiple sources. Thus, LiquidOracles could be search engine similar to Google.

Meanwhile, they design LiquidLink to connect DApps to crytocurrencies, stableccoins, and other assets. Hence, a game DApp could use LiquidLink to accept payment in stablecoins like Tether (USDT).

Some Fascinating LiquidApps DApps

An interesting LiquidApps DApp is vRAM. LiquidApps’ claims vRAM could enable the storage of unlimited amounts of data on RAM (Random Access Memory). In other words, vRAM could enable large-scale storage of data on ordinary computers.

Oddly, the LiquidApps creators they can build a vRAM network of nodes dApp Service providers can access. Hence, a dApp creator could theoretically use vRAM to build a DApp global gaming network or massive multi-player online game (MMOG).

They design the LiquidAccounts DApp to enable free, seamless, user onboarding. In theory, LiquidAccounts could create free accounts that we can store easily.  

Finally, the Zeus DAPP Software Development Kit (SDK) is a package of code and software for DApp builders. Theoretically, you could use Zeus to build LiquidLink, vRam, or LiquidOracles into your DApp. For instance, you could build LiquidOracles into a news app that searches the internet for conservative news or news about Scottish Football.

Is LiquidApps’ Scalable?

Importantly, the LiquidApps’ team is trying to solve the blockchain scalability problem.

The cause of the blockchain scalability problem is the lack of space in the blockchain. All the encryption and security measures limit blockchains’ capacity and slow its speed.

For instance, estimates Bitcoin’s (BTC) blockchain could only process 3.656 transactions per second (TPS) on 14 November 2019. Consequently, Hacker Noon’s Taygun estimates it can take an hour to process a Bitcoin transaction.

Thus it could take an hour for a DApp game to process a Bitcoin transaction. I cannot imagine any gamer waiting an hour for weapons or more play.

However, they built EOS (EOS) to be scalable and to interface with digital platforms outside the blockchain quickly. For example, the EOS Network Monitor estimates EOS was processing between 56 and 63 transactions per second (TPS) on 14 November 2019. Furthermore, EOS the EOS Network Monitor claims EOS has processed up to 3,996 transactions per second.

Thus, EOS-DApps; such as LiquidApps DApps, could theoretically take payments from dozens of customers at once and process them in a few seconds. Meanwhile, the cryptocurrency blogosphere consensus is that the Ethereum blockchain can process 15 to 25 TPS.

Thus, an Ethereum gaming app could crash if over 25 people try to pay it at once. Additionally, Taygun claims it could take six minutes to process an Ethereum (ETH) transfer.

Could LiquidApps have the Killer DApp?

Moreover, Ethereum or Bitcoin (BTC) DApps could be incompatible with digital platforms outside the blockchain.

For instance, an Ethereum DApp could not accept Visa, PayPal, Alipay, or MasterCard payments. Additionally, it could be impossible for an Ethereum DApp to run a YouTube video.

On the other hand, LiquidOrcales or LiquidLink could enable a LiquidApps DApp to interface with Visa, PayPal, or Mastercard’s platform. Plus, LiquidOracles, could help you embed a YouTube video into your DApp.

I think such connectivity, could be the killer DApp that takes DApps mainstream. To explain, I believe ordinary people will not use DApps if they are incompatible with everything else on the internet.

To find a mass market, DApps will need the kind of seamless connectivity, people associate with the Apps from the App Store and GooglePlay. Interestingly, I do not think DApps will succeed until users do not realize they are using a DApp.

In particular, DApps will need seamless interface with Stablecoins. To explain, Stablecoins are cryptocurrencies with built-in DApps that make fast payment in fiat currencies. The DAI (DAI) stablecoin, for instance, pays $1 in US currency when you spend it.

Ideally, LiquidApps could be the killer DApp that takes decentralized mainstream. However, there is no evidence ordinary people are using LiquidApps DApps yet.

What Value does LiquidApps (DAPP) Have?

I like LiquidApps (DAPP) because its creators have a realistic plan to make money in a proven lucrative business. In addition, they are trying to solve some of blockchain’s practical problems, such as scalability.

At present both the business plan and the solutions are theoretical. Hence, LiquidApps’ value is theoretical.

Interestingly, Mr. Market assigns DAPP some value. For instance, the Bancor (BNT) network assigned DAPP a Coin Price of 1.03₵ and a liquidity depth of $7,271 on 14 November 2019. To clarify, the Liquidity Depth is the cash value of all the DAPP in Bancor’s Network.

The Bancor Network is a platform, they design to give EOS and Ethereum (ETH) cryptocurrencies liquidity (cash value). Hence, I think Bancor adds some value to LiquidApps.

Meanwhile, CoinMarketCap gave LiquidApps (DAPP) a Coin Price of 1.03₵, a Market Capitalization of $4.313 million, and a 24-Hour Market Value of $12,506.96 on 14 November 2019.

They base those estimates on a Circulating Supply of 417.8219 million DAPP and a Total Supply of 1.019 billion DAPP. CoinMarketCap ranked LiquidApps the 492nd Most Valuable cryptocurrency on 14 November 2019.

In conclusion, LiquidApps (DAPP) is an interesting cryptocurrency with a good business plan behind it. However, I think speculators need to avoid LiquidApps until the creators show people can build moneymaking DApps with its technology.

For a good overview of LiquidApps’s technology and theoretical capabilities see the LiquidApps’ whitepaper here: