Awaken Beauty Podcast

What are dapps?You’re probably familiar with applications (apps), the programs you use to stay organized, order food, play games, book a ride, do your work, avoid doing your work, and quite literally a million other things.Now, there are also crypto apps, known as decentralized apps, or “dapps” for short. A dapp is simply an app that runs on a blockchain.On the surface, many dapps will look and feel just like the apps you already use every day. But under the hood, you’ll find the innovations and decentralized benefits of blockchain technology.Dapps are where you go to give purpose and utility to your crypto. You can invest, trade, buy, play, and explore Web3. What can I do with dapps?A lot, and more every day! Once you’ve got a self-custody wallet, you can start to explore all the different ways to engage with dapps:Swap: Exchange your tokens for other cryptocurrencies or fiat.Lend/Borrow: Take out crypto loans or lend your crypto as a way to earn.Pay: Facilitate remittance, business, and peer-to-peer payment