What is DeFi Marketing?
Differing starkly from traditional apps, Decentralized Applications are software applications that are not controlled by a principal or central authority. Just like any other app, they have a user interface and a backend code that is supported by Smart Contracts rather than a centralized service.
They function independently or rather are decentralized so all data and records regarding the Dapp are stored on a public ledger. They are deterministic, as in they perform the coded function irrespective of external circumstances. Dapps can perform any function with the appropriate resources and since it functions on the Ethereum Blockchain, there is no possibility of bugs and hassles to the functioning of the network. Dapps also provide incentives such as tokens for its users.