In 2017, several Ethereum-based decentralized application browsers gained significant popularity, primarily due to the rise of dapps like CryptoKitties. During its peak, CryptoKitties, the digital cartoon collectibles game,responsible for more than 20 percent of the entire Ethereum network’s daily transaction volume.
Difficult to replicate
CryptoKitties was a one-time success story of a decentralized application that was reached large-scale commercial success. It did so through some extensive mainstream media coverage triggered by a sudden increase in demand. It is extremely rare for an app on the Ethereum protocol to achieve the level of success that the CryptoKitties did.
Lessons from the past
To imagine the current structure of Ethereum’s decentralized application market, which one has to consider the mobile app era prior to the existence of Google Play Store and Apple App Store. At that time, the users had to download apps from websites directly from the distributors and developers. The process was highly inefficient and for apps to gain some popularity, a significant amount of capital had to be allocated to marketing.
Bringing together dapps and users
Coinbase CEO Brian Armstrong explained in a blog post that in the future, Ethereum-based browsers could increase the accessibility of decentralized applications and which is potentially introduce them to a larger user and consumer base.