Decentralized applications run on peer to peer network of
computers and not on any single computer which means no single person or
computer can control these software programs. DApps are the modern way of writing
applications on the internet.
DApps has step by step process:
1. Whitepaper
Basically, white paper is a guide which helps users
understand the minute details. The very first step to build a DApp is to
publish a white paper with all the features and functionality. Publishing a
white paper will make the developers and users from the communities to reach
you with the feedback to improve the DApp.
With white paper, you also need a solid roadmap or plan in
front of the market. Do not forget to highlight the capabilities and your ideas
to build the trust among the community.
2. ICO (Initial coin Offering) Launch
Initial coin offering is the modern way of introducing your
coin to the public. This is the time when your token is sold in the market for
the first time. You need to announce and explain how you are ICO is going to
be. Find the interested communities and share if your DApp will have pre-mined
token or available after mining.
It is very important to be transparent in terms of your
launch and allocation of tokens. You should publish the distribution of budget
in terms of development, market and other essential aspects.
3. Development
So, you have released your white paper and ICOs now it is
time for development. Communities will be interested in knowing the progress of
the DApp. The best practice is to share weekly and monthly progress in
development within the communities.
The developer should focus on,
1.As we know that
DApp is decentralized in nature, the source code should be open.
2.The record should
be stored in blockchain platform
3.Updating about the development will put the faith of the
communities in your DApp and this will set up the base for the token in the
market.
4. Launch
It is advised to complete the product before the deadline to
meet the expectations of the users. Once your product is developed. While
launching the product make sure to release the detailed notes and maintenance
plan.
Keep updating your token time to time as mentioned in a
white paper to establish a clear vision among the community.
Future of DApps
The present time seems to be on the verge of
decentralization which is about to conquer the internet and applications.
Everything that can be decentralized will be decentralized
as per David A Johnson.
