We tried to find some of the most innovative decentralized applications that offer its users unique solutions with a clear business need for the services. Some of these applications might not be live yet.
Although there are many online marketplaces today that offer convenience and speed, like eBay, they have fees and commissions that make it less profitable for users to trade. OpenBazaar is a free, open, and decentralized online marketplace. Users can set up their online stores and sell products. There is an option to pay with over 50 cryptocurrencies, so payments are smooth and fast as well. As the app is completely decentralized, there is no single database that stores the data, so there is no single point of failure.