Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’ – Bitcoin News

GherghelasDespite the overall crypto market performance, technology adoption saw a significant upswing. “In July, Polygon and Nothing company announced a partnership to build a Web3-native smartphone, while Disney, Ticketmaster, Mastercard, and Starbucks became the latest leading brands to announce the integration of NFTs as part of their Web3 strategy,” Dappradar’s Q3 report further notes.

“Defi as a whole showed signs of recovery with a 2.9% growth in TVL [total value locked] from Q2,” Dappradar’s study notes. “Ethereum remains the most dominant chain with its dominance increasing to 69% with $48 billion, a 3.17% growth from Q2.”

the bear market didn't slow down or stop BitDAO from working to achieve its goal in building a sustainable and decentralized economy, by supporting developers and funding their projects

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