Trending Dapps | Week #49
Your weekly update to discover new dapps in a variety of categories, including DeFi yield farms, NFT collections, and play-to-earn games. This week we check out some of the hottest play-to-earn and GameFi opportunities. DeFi across several blockchains and as always, a look at six exciting NFT drops making waves right now.
The blockchain is full of dapps that are under constant development. At DappRadar we track thousands of them across 20 different blockchains. Every week DappRadar dives into the ecosystem to uncover the dapps that are trending, upcoming, and interesting to discover. No matter whether it’s DeFi on Ethereum, an NFT collection on Wax, or yield farming on Binance Smart Chain, we got you covered.
DeFi & Yeild Farming
When we talk about DeFi, often we mention Uniswap, SushiSwap, and PancakeSwap. These big protocols exist on Ethereum, Binance Smart Chain, and Polygon. However, every blockchain offers DeFi opportunities, so we highlight some of the upcoming platforms on alternative blockchains.
- Jade protocol is a fork of the Ethereum DeFi dapp Olympus DAO on Binance Smart Chain
- JADE is backed by a supply of the stablecoin BUSD
- IDEX is a Hybrid Liquidity DEX on Polygon
- Trade against zero spread and deep liquidity
- IDEX is the governance token for exchange
- Kronos DAO is the first decentralized reserve currency protocol on Klaytn
- Each KRNO token is backed by a basket of assets
- Multi-chain Farming Deflationary Token
- Community-run BEP-20 token native to Binance Smart Chain
- Snowbank is a decentralized reserve currency that remains unbound by a peg
- Available on the Avalanche blockchain
- Gamified on-chain multi-asset options trading platform & prediction market
- Buy and settle options on multiple assets directly against a liquidity pool
Play-to-Earn Games
Games are fun, but blockchain-powered games add a whole new economical layer to the experience. Suddenly you can play a game and make money from it. Not all games have the same type of financial incentives, but every blockchain asset gains value when a community grows.
- PlayMining is a Play-to-Earn NFT game platform
- Play various free games
- Earn DEAPcoin (DEP)
- ForthBox is a Web3.0 GameFi aggregator
- Supporting all types of blockchain games
- Xpansion is a decentralized 4x strategy game set in the near future powered by NFTs
- BSC game with a Play-toEarn mechanic
- Players can earn SPW
- Space CraftX is a space NFT game with an economic model, interesting plot and possibility to exchange game tokens for cryptocurrency
- Decentralized GameFi meets NFT strategy game
- Originally created by JSWAP FINANCE and
- Available on OEC and BSC
Spotlight: WAX Blockchain
- Travel through time – Stake NFT’s & fight for survival
- Put it all on the line for the highest rewards
- Pick 2 Rally Drivers and 1 Car and enter into instant races on the WAX Blockchain
- Play to Earn, win races to increase your collection size
- Beast Garden is a monster tamer game on the WAX blockchain
- Fight your opponents in 3v3 battles. Select your beasts carefully to secure the win
NFT Collections & Lands
CryptoPunks and Art Blocks have become some of the most sought-after NFT collections out there. However, there are plenty of other projects that serve as great collectibles. Here we highlight six NFT projects that are interesting to explore, with the promise of more drops on the horizon. Did you know you can buy and sell NFTs on DappRadar? Just log in and start using our Portfolio Tracker!
- Mint Vials are used to redeem Clone X Avatars
- 1 Mint Vial = 1 Random Clone
- 10,000 NFT dreamers, explorers and mischief makers looking for new friends
- Home of 9600 pixel generated frogs on the Ethereum blockchain
- Utility & benefits only to swampverse holders
- An interoperable, dystopian pixel art metaverse giving utility to popular NFT projects
- NFTZine is an interactive and printable NFT Zine
- Each is a unique, generative NFT with it’s own individual traits and rarity
- EvoSnails are a fully on-chain open source NFT project
- Stake snails and upgrade snail traits
Top NFT Shards
Given that NFTs are selling for notable amounts of money the idea of fractionalization is popping up, giving smaller investors a chance to get involved. The technical process of fractionalization, or sharding as it is also known, is quite simple. Take an NFT, lock it into a vault, and receive tokens in return. These tokens then represent ownership over the NFT that has been locked away, and their value increase or decrease means value fluctuations for the NFT asset. Investors can then buy these tokens and own a shard of the NFT. To learn more check out our complete guide to fractionalized NFTs.
- The infamous Doge NFT has been sharded in 1.1 billion pieces
- Each DOG token is currently worth $0.0103
- Etherrock was one of the first Ethereum collectible NFTs
- Each PEBBLE is currently worth $0.00143
- A collection of 104, floor priced CryptoPunks
- Each FLOOR token is currently worth $0.0448
The above does not constitute investment advice. The information given here is purely for informational purposes only. Please exercise due diligence and do your research. The writer holds positions in ETH, BTC, NIOX, AGIX, MATIC, MANA, SAFEMOON, SDAO, CAKE, HEX, LINK, GRT, CRO, OMI, GO, SHIBA INU, AND OCEAN.
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