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The well-known crypto data platform DappRadar has announced its closure due to financial difficulties, with the future plan for the RADAR token still pending.

2025.11.17 23:48:24

November 17th. The renowned crypto data website DappRadar made a post on social media, stating "Seven years have passed, and it's time to bid farewell." It announced the closure of the platform: "We have reached a difficult decision to shut down the DappRadar platform. In the current context, operating a project of this magnitude has become increasingly difficult from a financial sustainability standpoint. After exploring all possible avenues, we had to make this tough decision. When we launched in 2018, the field was still in its nascent stage. There were few early decentralized applications, and explorers were scarce. Many questions about the future of decentralized applications remained unanswered. Inspired by Cryptokitties, we established DappRadar with the hope of assisting people in exploring and understanding this new world. We have experienced the ups and downs of the market cycle together. We are proud to have helped millions of users discover decentralized applications, conduct research, and continue to learn through our content. We have collaborated with hundreds of blockchain projects, thousands of developers, and teams. Our data has been referred to by journalists, appeared in research papers, and spread globally in various languages. The blockchain space is often in a state of chaos, and our mission was to make it more understandable and trustworthy. As we prepare to leave, we are confident that we have remained on the right path, adhered to our principles, and injected positive energy into the industry. In the coming days, we will begin the process of winding down the platform, including ceasing to track blockchain and decentralized application data and gradually shutting down related services. Regarding DAO and RADAR token matters, further updates will be communicated through regular DAO channels. There are still important decisions to be made, and we look forward to the participation of the community in discussions. The mission of helping people explore and understand decentralized applications should not end here. As a guiding light for the exploration that the Web3 space still requires, we hope that someone will take up the torch and continue moving forward."
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