{"id":301482,"date":"2021-07-17T10:21:00","date_gmt":"2021-07-17T07:21:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/a-decentralized-app-store-might-lead-crypto-toward-more-centralization\/"},"modified":"2021-07-17T10:21:00","modified_gmt":"2021-07-17T07:21:00","slug":"a-decentralized-app-store-might-lead-crypto-toward-more-centralization","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/a-decentralized-app-store-might-lead-crypto-toward-more-centralization\/","title":{"rendered":"# A decentralized app store might lead crypto toward more centralization"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a25992a5e813\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a25992a5e813\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/a-decentralized-app-store-might-lead-crypto-toward-more-centralization\/#The_8020_rule\" >The 80\/20 rule<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/a-decentralized-app-store-might-lead-crypto-toward-more-centralization\/#Building_the_Web_30_DApp_store\" >Building the Web 3.0 DApp store<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/a-decentralized-app-store-might-lead-crypto-toward-more-centralization\/#Whats_at_stake\" >What\u2019s at stake?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># A decentralized <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> store might lead crypto toward more centralization <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMTAwN2M0NzAtZWIyYi00NDBlLWIwNjctYmUzYTY0MzY5ZTZiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>The estimated <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.theverge.com\/2021\/1\/8\/22220873\/apple-2020-app-store-revenue-60-billion-dollars\">windfall<\/a> Apple got from its App Store in 2020 is $67 billion. That\u2019s up from $50 billion in 2019, a 28% increase. Even as the company has lowered its commissions for smaller developers, the App Store remains a major component of Apple\u2019s bottom-line profits. And it\u2019s not just Apple taking a cut of developer revenue: On Android, the world\u2019s most popular mobile operating system, the Google Play Store <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.businessofapps.com\/data\/app-revenues\/\">netted<\/a> $38.6 billion in 2020.<\/p>\n<p>That\u2019s over $105 billion in revenue from the top two app stores combined. It\u2019s no wonder that regulators in many countries are closely considering whether there is sufficient competition in the marketplace. So it should come as no surprise that Coinbase, America\u2019s most visible and well-known crypto exchange, also wants to be the on-ramp to the decentralized application economy. <\/p>\n<p>But what do we sacrifice when we replace one gatekeeper for another? Does it jeopardize the decentralized ethos and accessibility for all that\u2019s sacred to many crypto believers? These are important questions worthy of discussion as we build on our momentum and push further into the mainstream.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Decentralization vs. centralization: Where does the future lie? Experts answer<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_8020_rule\"><\/span>The 80\/20 rule<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vilfredo Pareto had it right with his 80\/20 rule: 80% of revenues comes from 20% of customers. However, in the case of Apple\u2019s App Store, it\u2019s more like the 95\/2 rule: 95% of revenue comes from the top 2% of apps.<\/p>\n<p>Let\u2019s assume that a decentralized application (DApp) store would reflect a similar reality, where the most successful apps generate the most revenue. That means any DApp store that managed to secure the most popular apps would have a huge advantage. The most well-funded platforms would spend lavishly to gain exclusivity and secure gatekeeper status. Then, anyone that wanted to access the top apps would need to go through that gatekeeper.<\/p>\n<p>The monopolistic elements of any app store are what make the economics so lucrative. If you own the rails, you own the profits \u2014 it\u2019s that simple.<\/p>\n<p>But the 80\/20 rule shouldn\u2019t extend to Web 3.0 economics. Rather than many profits for the few, it\u2019s many profits for many more, with users participating in the governance, growth, maintenance and daily operations of the ecosystems they favor. The ownership aspects of the Web 3.0 economy distribute rewards to ecosystem participants more evenly based on their contributions. It\u2019s a more balanced dynamic that proposes a new way to do business.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Is a new decentralized internet, or Web 3.0, possible?<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Building_the_Web_30_DApp_store\"><\/span>Building the Web 3.0 DApp store<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>What will it take to ensure truly decentralized distribution for DApps? We\u2019d need a DApp store that meets a few criteria:<\/p>\n<ul>\n<li>Governance \u2014 first and foremost, a DApp store would be run by the community. There would need to be a decentralized autonomous organization to vote on all governance issues, such as commissions, security, etc.<\/li>\n<li>Ownership \u2014 profits would be distributed to the community according to its governance structure. There would also need to be funds reserved for the organization to manage app verification, secure the system and maintain the community.<\/li>\n<li>Tokenomics \u2014 there\u2019s an opportunity to do some very interesting things around incentivizing developers to use the platform exclusively and do other key tasks like support the distribution infrastructure and other essential technologies.<\/li>\n<li>Interoperability \u2014 users should be able to move freely between different DApp stores, taking their apps (and their data) with them. There can be no one DApp store to rule them all.<\/li>\n<\/ul>\n<p><strong><em>Related: <\/em><\/strong><strong><em><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a> theory meets DeFi: Bouncing ideas around tokenomic design<\/em><\/strong><\/p>\n<p>Apps are the center of the digital economy, something that will continue as we progress toward Web 3.0. The on-ramps into decentralized finance, nonfungible tokens and other emerging digital assets require mobile access points that bridge the gap between those who have laptops and those who only access the internet via mobile devices.<\/p>\n<p>We\u2019re in the midst of the transition from Web 2.0 to Web 3.0. While gatekeepers remain in positions of strength, they will continue to pursue user growth alongside decentralized protocols looking for access points to new users.<\/p>\n<p>When we\u2019ve truly transitioned into Web 3.0, we\u2019ll likely see DApps that serve smaller niches than they do today. We\u2019ll see a vibrant ecosystem of DApps that are more focused and developed by compact teams.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>How NFTs, DeFi and Web 3.0 are intertwined<\/em><\/strong><\/p>\n<p>We\u2019ll also see apps deconstructed into component parts. For instance, a decentralized exchange will be deconstructed into several layers: the user-facing front-end, the aggregator back-end and the liquidity provider as infrastructure. It\u2019s akin to the \u201cmonolith to microservices\u201d evolution in the software cloud infrastructure space.<\/p>\n<p>Without true decentralization when it comes to apps, we\u2019ve simply replaced one gatekeeper for another. The key here is going to be the community\u2019s commitment to supporting a diverse array of app store gateways.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whats_at_stake\"><\/span>What\u2019s at stake?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The risk is that, on our inevitable journey into the mainstream, convenience and ease-of-use will trump decentralization. In fact, that\u2019s often why centralized gatekeepers emerge: they make things less complicated, which in turn makes things more accessible to the masses.<\/p>\n<p>As the crypto community works together to build a thriving digital asset economy that benefits the majority, we must all keep these tradeoffs in mind. We absolutely must make digital assets easy to understand and accessible while also pushing back on any arguments that centralizing power in the hands of the few is a worthy tradeoff on the fast track to the mainstream.<\/p>\n<p>We can \u2014 and should \u2014 push back to protect what makes our shared vision so powerful: a future that\u2019s accessible to all.<\/p>\n<p class=\"post-content__disclaimer\"><em>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/em><\/p>\n<p class=\"post-content__disclaimer\"><em>The views, thoughts and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<div>\n<div style=\"background: rgb(239, 239, 239); border: 1px solid rgb(204, 204, 204); padding: 10px;\"><strong>Diane Dai<\/strong> is the co-founder and chief marketing officer of DODO, a decentralized digital asset exchange based in Singapore. She is a pioneer in the Chinese DeFi community and has extensive experience in marketing, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> management and business development. Prior to founding DODO, she spent time at DDEX and CypherJump.<\/div>\n<\/div>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/a-decentralized-app-store-might-lead-crypto-toward-more-centralization\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# A decentralized app store might lead crypto toward more centralization &#8221; The estimated windfall Apple got from its App Store in 2020 is $67 billion. That\u2019s up from $50 billion in 2019, a 28% increase. Even as the company has lowered its commissions for smaller developers, the App Store remains a major component of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":301483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMTAwN2M0NzAtZWIyYi00NDBlLWIwNjctYmUzYTY0MzY5ZTZiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75571,74894,78168,74983,74877,93542,74355,5029,4965],"class_list":["post-301482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-applications","tag-blockchain","tag-dapps","tag-decentralization","tag-decentralized-exchange","tag-web3","tag-adoption","tag-apple","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/301482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=301482"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/301482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/301483"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=301482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=301482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=301482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}