AI Decentralized Apps: The New Web3 Royalty, DeFi and Gaming Beware!

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Oh, what’s this? A new contender for the Web3 throne? AI decentralized apps (DApps) are making waves like a cheeky pirate ship ready to steal the crown from the reigning champions, Gaming and DeFi! According to the ever-watchful DappRadar, these AI-powered DApps are on the rise, like a rocket fueled by code and caffeine.

So, what’s the score? Well, Gaming and DeFi have been sitting pretty at 21% dominance in April, like smug kings on their thrones, judging by the percentage of unique active wallets. But, hold your horses, because AI has climbed up to a solid 16%, up from the humble 11% it recorded back in February. It’s like AI found the secret sauce and is now serving it up on a shiny silver platter!

“As user interest in artificial intelligence tools grows across industries, AI-powered DApps are steadily carving out their place in the decentralized ecosystem,” says DappRadar analyst, Sara Gherghelas. And if this trend keeps going, AI could soon challenge the dominance of DeFi and Gaming. Move over, guys, there’s a new sheriff in town!

Hold on, there’s more! AI DApp activity has surged by a jaw-dropping 26% to reach 3.8 million daily unique active wallets (dUAW), up from 2.6 million in February. Meanwhile, DeFi is on the decline with a 16% drop, hanging out at 4.8 million dUAW. Gaming’s not faring much better, also seeing a 10% dip. Oh, what a turn of events!

So, what’s the deal with the top AI DApps? Well, buckle up! The star of the show is LOL – yes, you read that right – an AI-powered mining system that encourages users to send voice recordings of their laughter to Telegram groups. It then calculates the number of LOL tokens based on the pitch and frequency of your laugh. Oh, how charming. Who knew laughing could be so profitable?

Coming in second is Dmail Network, an AI-powered decentralized messaging service. Not to be outdone, in third place is World.‎‎‎Fun, which allows users to deploy AI agents into massive multi-agent simulations. A bit of fun with a dash of AI, it seems!

“These top AI DApps aren’t just riding the hype train. They’re building utility. They’re here for the long haul,” Gherghelas adds. You’ve got to hand it to them; they’re not just here for the applause—they’ve got a game plan!

And here’s the scoop: back in December, crypto execs predicted that AI agents would transform Web3 in 2025. Early use cases included crypto staking and on-chain trading. But of course, there’s a catch. Some folks are a little worried about technical challenges, pesky regulations, and the looming specter of centralization. Always something, isn’t it?

Social DApps Make a Splash as Web3 Stands Firm

And wait for it… Social DApps are also riding the wave, with an 18% surge in activity, reaching 3.6 million dUAW. They’re like that quiet kid in class who suddenly gets popular. Social DApp market dominance grew to over 15% for the month. Who knew? Social networking in the decentralized world is hotter than ever!

Overall, Gherghelas points out that despite the tumult in the market (thanks, US tariffs), “Web3 is holding its ground.” In April, 23 million daily active wallets were recorded, just a smidge down from the 24 million in February. Looks like Web3 isn’t going anywhere anytime soon. Hold on to your hats, folks!

“April’s top performers underscore a key narrative: utility and narrative-driven hype, especially around memecoins and AI, are major drivers of user engagement,” Gherghelas says. Sounds like a recipe for success… or chaos. Either way, it’s one wild ride!

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2025-05-09 09:14