A decentralized application, or dApp, is a type of software application that runs on a decentralized network of computers, often using blockchain technology. Unlike traditional apps, dApps are not controlled by a single central entity and are typically open source. They use smart contracts to facilitate transactions and interactions without the need for intermediaries. DApps can be used for a wide range of purposes, from cryptocurrencies and finance to gaming, social networks, and more, all while benefiting from the security and transparency of blockchain technology.
Planq is 👇
- Mobile first 📲
- EVM compatible 🖥️
- IBC enabled ⚛️
- Fast and cheap 💸
- Listed on CEX 🏦
- Getting ready for a bunch of #Dapps, both native and
independent teams. 🗂️
- cosmos ecosystem participant ⚛️
- Working on revamping website and roadmap
Quoted from the Planq Foundation Twitter account on 10/23/2023, Planq is currently preparing its own Dapps and is still in the process of 50% to 100%. Wait for a big update from Planq
In addition, Planq entered the top 2 of the Cosmos Daily ecosystem with an increase of 11.3% in the last 24 hours. right under the official XPLA ecosystem This quote was posted on 10/27/23
The Planq Foundation also has an increase in its PLQ/USDC Liquidity pool from an initial $10k addition currently reaching $15k. Planq is the first token to be paired with USDC on osmosiszone
Please remember that this article is only for information and education. Do your own research if you are interested in the Planq Foundation project