律动BlockBeats|Nov 17, 2025 15:48
Renowned encrypted data platform DappRadar announces closure due to financial difficulties, RADAR token follow-up plan to be determined
BlockBeats News: On November 17th, the well-known encrypted data website DappRadar posted on social media, "Seven years later, it's time to say goodbye", announcing that the platform will be closed:
We have made the difficult decision to shut down the DappRadar platform. In the current environment, it is difficult to achieve financial sustainability by operating such a large-scale project. After exhausting all possibilities, we have to make this difficult choice.
At the beginning of 2018, this field was still in its infancy. Early decentralized applications were scarce, and explorers were few and far between. Many questions about the future of decentralized applications still need to be answered. Inspired by Cryptokitties, we created DappRadar with the aim of helping people explore and understand this new world.
We cross the bull bear cycle together. Proudly helping millions of users discover decentralized applications, conduct research, and continuously learn through our content. We have established partnerships with hundreds of blockchains, thousands of developers, and projects. Our data has been cited by journalists, appeared in research papers, and disseminated globally through various languages.
The blockchain field often appears chaotic, and our mission is to make it easier to understand and more trustworthy. When we turned around and left, we were convinced that we had stuck to the right direction, adhered to the bottom line of principles, and injected positive energy into the industry.
Recently, we will initiate the platform's closure work, including stopping tracking blockchain and decentralized application data, and gradually closing related services. Regarding DAO and RADAR token matters, further updates will be made through regular DAO channels. There are still important decisions to be made, and we look forward to community participation in discussions. The mission of helping people explore and understand decentralized applications should not stop here. The lighthouse that still needs to be explored in the Web3 field, and we look forward to someone taking over the torch and continuing to move forward
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