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Making the Blockchain Come Alive Removing the Barriers to Mainstream Adoption of Decentralized Applications WHITE PAPER Authors: Kyle Lu, Eric Jiang, Haoda Wang Date: November 15th, 2018 Version: Draft 0.6 This version and its contents are current as of November 15th, 2018 and supersede all previous versions of this white paper or any public statements made about Dapp.com and the Dapp.com token sale, and are subject to change. This English version is to be relied upon as the most accurate and up to date, as other language versions may have mistranslations or be outdated. Copyright © [Dapp.com] 2018 All Rights Reserved Abstract Five years from now, people will be using decentralized applications (dapps) as much as they use traditional apps. Sound far-fetched? Perhaps not. There is a rapid growth in the dapp market - the number of dapps built on Ethereum has increased by 80 times and the number of dapp users has increased by 30 times in the last 14 https://en.wikipedia.org/wiki/Technology_adoption_life_cycle https://en.wikipedia.org/wiki/Technology_adoption_life_cycle https:// en.wikipedia.org/wiki/Technology_adoption_life_cycle https://en.wikipedia.org/wiki/Technology_adoption_life_cycle https:// en.wikipedia.org/wiki/Technology_adoption_life_cycle https://en.wikipedia.org/wiki/Technology_adoption_life_cycle https://en.wikipedia.org/wiki/Technology_adoption_life_cycle https://en.wikipedia.org/wiki/Technology_adoption_life_cycle months. But we’re still at the very beginning of the https://en.wikipedia.org/wiki/Technology_adoption_life_cycletechnology adoption https://en.wikipedia.org/wiki/Technology_adoption_life_cycle cycle. https://en.wikipedia.org/wiki/Technology_adoption_life_cycle https://en.wikipedia.org/wiki/Technology_adoption_life_cycle Satoshi Nakamoto kicked off the Bitcoin and blockchain revolution in 2008. Bitcoin launched in 2009, followed by Ethereum and its smart contracts in July 2015. Ethereum was essentially the first blockchain platform for decentralized application (dapp). After a cautious start, we’ve seen the biggest growth in this technology happen in the last two years. Although dapps are still in their infancy and largely limited to games, social and decentralized exchanges, their potential is huge. The world is ready for decentralized technology that is transparent and puts users in control. As the technology matures and becomes more developer- and user-friendly, mass adoption of dapps is inevitable. The following barriers exist in developing and adopting dapps: • Figuring out which dapps are good quality, active and worth using is difficult. • Using dapps can be complicated and costly. • There are too many blockchains running on separate ecosystems, to develop dapps on different blockchains is difficult. Dapp.com’s mission is to create a blockchain-agnostic ecosystem which removes these barriers and encourages dapp awareness, usage and development. This is not a short-term, quick-fix project. While we have already launched several products, it will take us until Q2 2020 to create a complete ecosystem that solves the listed problems above by offering the following: Dapp.com Store List or launch dapp projects built on any blockchain to get mass exposure. Users can find interesting, credible dapps from various blockchains in one place utilizing UGC and Dapp.com Ranking, an open sourced ranking system powered by attention-based model and adaptive learning algorithm. Dapp.com Wallet A wallet with a built-in dapp browser that is compatible with multiple blockchains to manage crypto assets and use dapps. Dapp.com SDKs Toolkits (blockchain library, data analytics, etc.) to help developers build their dapp projects quickly and easily on any of the mainstream blockchains. Dapp Network A network that is compatible with multiple other blockchains. It will be scalable and specially designed to support decentralized applications. 1 Developer User Dapp.com SDK Dapp.com Store Dapp.com Wallet Multiple Provider Engine Ranking Multi-chain Dapp Browser Account Management Kit Product Launch Digital Asset Management Analytics Tool Community Instant Token Swap Dapp Network The Kernel Relay Relay Relay Relay Relay Cross-chain Protocol Cross-chain Protocol Cross-chain Protocol Cross-chain Protocol Adapter Adapter Adapter Adapter … Ethereum EOS Blockchain 1 Blockchain 2 … 2 1. Introduction and Vision 6 1.1. Dapp.com’s Vision 6 1.2. What Are Dapps and Why Are They Important? 6 1.3. Use Cases of Decentralized Applications 7 1.4. Dapp Market Capacity 8 2. Opportunity 9 2.1. Problems for Users 9 2.2. Problems for Dapp Developers 10 2.3. Problems for Blockchains 10 3. Dapp.com 10 3.1. Overview 3.2. Master Plan 3.2.1. Phase 1: Expand the Dapp Ecosystem and Community 3.2.2. Phase 2: The Underlying Layer 3.3. Dapp.com Store (Phase 1) 3.3.1. Dapp.com Ranking 3.3.2. Content Platform 3.3.3. Open Data Service 3.3.4. Implementation 3.4. Dapp.com Wallet (Phase 1) 3.4.1. Dapp.com Wallet Features 3.4.2. Implementation 3.5. Dapp.com SDK (Phase 1) 3.5.1. Implementation 3.6. Dapp Network (Phase 2) 3.6.1 Implementation 4. Ecosystem 27 4.1. Ecosystem Map and Participants 27 4.2. Partnerships 28 5. Token Economy 29 5.1. Introduction 29 5.2. Token Usage 29 5.3. Token Implementation 29 6. Structure 30 6.1. Corporation Structure 30 6.2. Governance 30 6.3. Exchanges 31 7. Business Operation 31 7.1. Business Model 31 8. Timeline 32 3 8.1. Development Roadmap 32 9. Token Generation Event 33 9.1. Token Sale Information 33 9.2. Fund Allocation: Use of Proceeds of Token Sale 35 9.3. Distribution Schedule 35 10. Team 36 10.1. Team 36 10.2. Advisors 37 11. Disclaimer 38 4 1. Introduction and Vision 1.1. Dapp.com’s Vision Within the next five years, dapps will be widely applied in traditional apps. This prediction is bold but not unfeasible. Blockchain adoption is accelerating at pace, and public awareness increasing. Factor in the misuse of big data and personal data breaches, and we have a world that is ready for technology that puts users in control. The possibilities that dapps offer to change the world we live in are endless and exciting. http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com http://Dapp.com Within the context of this massive shift, http://Dapp.comDapp.com http://Dapp.com http://Dapp.com aims to be the go-to destination for dapps. We provide http://Dapp.com http://Dapp.com http://Dapp.com inspiration, tools and trusted information for developers and users who want to explore the potential of blockchain and decentralized technology. We are creating an entire ecosystem which removes the obstacles to dapp adoption and encourages dapp awareness, usage and development. We will empower developers to realize their vision via our dapp store, software development kits and cross-chain network. Users will be able to discover, analyze and use dapps in the easiest way. Dapp.com is where the blockchain comes alive. 1.2. What Are Dapps and Why Are They Important? Traditional applications (apps) are powered by a central service, whereas decentralized applications (dapps) use smart contracts to put their core logic and data https://idex.market/on the blockchain or distributed network. Why should the world take interest in dapps? There are several important benefits: • Apps, including their underlying open source technology and data, are not controlled by anyone. They cannot be shut down at the whim of their creator or a controlling body. • The data/transaction cannot be erased once it is generated. • Operations are completely transparent and recorded on the public ledger. These advantages have inspired the creation of a large number and a variety of decentralized applications. From token creation to Gods Unchained (currently the largest decentralized game), the potential of dapps is being unleashed - and people’s understanding of this technology is evolving with it. 1.3. Use Cases of Decentralized Applications Revolutionary dapps like these show users the practical potential of decentralized technology beyond cryptocurrencies. Decentralized Exchange (DEX) https://idex.market/ https://idex.market/ https://idex.market/ https://idex.market/ IDEXhttps://idex.market/ is a real-time, high-throughput, semi-decentralized exchange based on Ethereum smart contracts. IDEX https://idex.market/ consists of smart contracts, trading engines and trading arbitrators. The trading engine and trading arbitrators ensure that transactions can be matched quickly. The user’s private key must be used to authorize all transactions. Smart contracts guarantee the security of both the user's property and the transaction process itself. Crypto Collectibles https://www.cryptokitties.co/ https://www.cryptokitties.co/ https:// www.cryptokitties.co/ https://www.cryptokitties.co/ https:// www.cryptokitties.co/ https://www.cryptokitties.co/ https:// www.cryptokitties.co/ https://www.cryptokitties.co/ https:// CryptoKittieswww.cryptokitties.co/ https://www.cryptokitties.co/ https:// are digital, collectible cats that are built on the Ethereum blockchain. They can be bought and sold www.cryptokitties.co/ https://www.cryptokitties.co/ using Ether and bred to create new cats. Each kitty owns its own unique immutable genes and visual appearance. CryptoKitties is a practical use case for digital scarcity and digital collectibles. It pioneered the use of ERC-721, a protocol which is the standard for transactions and ownership of non-fungible assets on the 5 blockchain. In this case, the transparency and proof of data ownership on the blockchain ensured each kitty’s ownership and scarcity. Decentralized Social Media https://steemit.com https://steemit.com https://steemit.com https://steemit.com https://steemit.com https://steemit.com https://steemit.com https://steemit.com https://steemit.comSteemit https://steemit.com is an incentivized, blockchain-based social media platform. It combines traditional social media with a https://steemit.com https://steemit.com community that rewards contributors of valuable content with crypto currencies.