More than 360 Ethereum-based Ventures Not Funded by the Ethereum Foundation or Consensys

More than 360 Ethereum-based Ventures Not Funded by the Ethereum Foundation or Consensys

A common argument against the Ethereum blockchain’s ability to thrive well into the future is that no leading global businesses are developing or even using the network for decentralized apps (dApps).

There are also taunts that the Ethereum Foundation or Consensys are supposed to support the creation of most dApps, and use cases on the network of the project. Such allegations, however, are clearly unfounded.

Following Bitcoin, there are several real-world dApps and companies that follow the network of the second-largest crypto project.

For the records, on 30 July 2015, Ethereum was introduced as a framework for decentralized applications, and is currently the leading platform for decentralized finance (DeFi), a term that has recently captured the crypto industry as popularized by MakerDao centered in Ethereum.

Nonetheless, beyond DeFi, data shared by internet privacy company Adam Cochran on Twitter, Duckduckgo, indicates that Ethereum is seeing more cases of real world use by megacorps than critics claim.

The world’s largest companies, including Adidas, Microsoft, Ibm, Uber, Amazon Morning Star, Ernst and Young, Accenture, Banco Santander, Credit Suisse, TD Ameritrade, Standard Chartered Bank, and recently launched decentralized solutions based on Ethereum by NBA player Spencer Dinwiddie

The data cited by Cochran is further reinforced by our recent reports that LinkedIn rated learning solidity as one of the best skills workers have looked for in 2020. Therefore, Ethereum outperformed rivals like Tron and EOS in the dApp rankings in 2019.