Tokens that received the most attention from the market in the past week
Over the past week, topping the list of the most searched tokens has been OP. This is a token issued by Optimism and airdropped for early users on June 1.
Second on the list is also a new token LUNA, released on May 28. This is a token of the Terra 2.0 blockchain.
Followed by dYdX, a token developed on the Starkware ecosystem. The remaining tokens are familiar like NEAR, CELO, LINK…
Notable events that took place in the past week:
– Launch and launch events: Galaxy project launches GAL Chain, Unbound launches in BNB Chain.
– Fundraising event: Binance Labs successfully called for an investment fund of 500 million USD
– Other events: Terra 2.0 launch, Mirror attack, Zigzag Labs launch…
Blockchain games receive a lot of attention
Topping the list is LoserChick, a fun game about chickens developed in the Polygon ecosystem. In the game, players can buy CHICK tokens to collect eggs (EGG tokens) and mint NFT LooserChick, before staking this NFT to get CHICK tokens back.
Next on the list are the familiar titles Decentraland, CryptoNFTEA and Axie Infinity. In particular, there are three new games on this list: Mobox, Jojo and Zed Run. These are all interesting, highly entertaining metaverse games.
Binance establishes 500 million USD investment fund
Recently, Binance Labs announced it successfully raised $500 million with funding from two investment firms DST Global, Breyer Capital, and several unnamed family offices and corporations. This is an investment fund established with the goal of helping developers bring Web3 to DeFi, NFT, Gaming, Metaverse, Social…
Since the beginning of 2022, Binance Labs has invested in a total of 27 projects. There are 5 projects about Web3: Automata, Tea, Stepn, GuildFi and MantaNetwork. Notably, the Stepn project with GMT tokens x410 times the ICO price.
With this newly established 500 million USD investment fund, it is expected that the number of Web3 projects invested by Binance will increase even more.
Prominent NFT projects on Solana
NFT is a unique token and cannot be replaced by other tokens. This can be a virtual asset or a digitalized version of a real-world asset that acts as proof of identity and ownership in the digital realm.
Leading the list of featured NFT projects on Solana last week was Stepn, the Move To Earn project with $167 million in transactions. Following Stepn is Degods with $162 million in transactions, which is considered the project with the largest community in Solana.
Third on the list is Shadowy Coder. Minted for 2.5 SOL in November 2021, each Shadowy Coder NFT is currently at a floor price of 160 SOL. The remaining NFT projects are mainly in the field of metaverse, web3… and are highly usable.
Overview of the Minterest project
Minterest is a decentralized lending protocol. Minterest has the world’s first buyback mechanism, a protocol that transfers 100% of the revenue generated to the community of active participants, and this is what sets Minterest apart from its peers. DeFi’s responsibility.
Highlights in the ecosystem week 22
Optimism Ecosystem: After upgrading EVM Equivalence in November 2021, the number of transactions made on Optimism has reached more than 10 million. Currently, Optimism has 125 projects and partners in its ecosystem, including Binance, Coinbase, Huobi, Chainlink, Coin98 Wallet. Recently, Optimism has launched OP tokens and airdrops for its users. It is expected that Optimism will have many similar airdrops for users in the future.
Avalanche ecosystem: Avalanche ecosystem is in a boom period with 478 projects and partners developed in just 20 months. Recently, Avalanche also partnered with Coinbase to allow the integration of Coinbase Wallet into Avalanche’s dApp. This allows Coinbase Wallet users (mostly in the US) to access Avalanche more easily.
Terra 2.0 Ecosystem: After UST lost its peg and LUNA price crashed, Terra developers decided to hard fork Terra to Terra 2.0. This is considered Terra’s new blockchain, this chain does not replace the current Terra but works in parallel. Old projects built on Terra will also be moved to the new chain. Although only launched on May 28, Terra 2.0 is already supported by 25 different projects including Edge, Valkyrie, Spectru
