Illuvium

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What Is Illuvium (ILV)?

## Τι είναι το Illuvium (ILV);

Το Illuvium είναι ένα παιχνίδι μάχης ανοιχτού κόσμου που έχει δημιουργηθεί στο Ethereum blockchain. Συχνά αναφερόμενο ως το πρώτο παιχνίδι AAA στο Ethereum, το Illuvium φαίνεται να παρέχει μια πηγή ψυχαγωγίας τόσο στους απλούς παίκτες όσο και στους σκληροπυρηνικούς οπαδούς της DeFi μέσω μιας σειράς λειτουργιών συλλογής και διαπραγμάτευσης.

Για να μάθετε περισσότερα σχετικά με αυτό το project, ρίξτε μια ματιά στις λεπτομέρειες σχετικά με το [Illuvium](https://coinmarketcap.com/alexandria/article/what-is-illuvium).

Ο κόσμος του Illuvium κατοικείται από πλάσματα γνωστά ως Illuvials, τα οποία μπορούν να αιχμαλωτιστούν από παίκτες που τους κερδίζουν στη μάχη και τα φροντίζουν μέχρι να ανακτήσουν την υγεία τους. Από εκεί και πέρα, γίνονται πιστά μέλη της συλλογής του παίκτη και μπορούν να χρησιμοποιηθούν όταν παλεύετε με άλλους στα πλαίσια του παιχνιδιού auto battler του Illuvium.

Το παιχνίδι είναι μια μίξη ανάμεσα σε ένα παιχνίδι εξερεύνησης ανοιχτού κόσμου και ένα παιχνίδι μάχης PVP. Οι παίκτες μπορούν να περάσουν τον χρόνο τους εξερευνώντας τις εκτάσεις του κόσμου του παιχνιδιού ή δημιουργώντας την ομάδα τους από ισχυρά θηρία.

Το Illuvium αναπτύσσεται από το 2020 και δημιουργοί του είναι μια παγκόσμια ομάδα από περισσότερα από 40 άτομα, συμπεριλαμβανομένων των συνιδρυτών, δηλαδή του γνωστού επιχειρηματία και εκ των πρώτων ανθρώπων που αγκάλιασαν τα κρυπτονομίσματα Kieran Warwick και του έμπειρου σχεδιαστή παιχνιδιών Aaron Warwick, που είναι αδέλφια. (Και που συμπτωματικά είναι και τα αδέλφια του Kain Warwick, συνιδρυτή της πλατφόρμας DeFi Synthetix).

Το διακριτικό ILV έχει πολλές χρήσεις στο οικοσύστημα Illuvium. Είναι το κύριο διακριτικό που χρησιμοποιείται για την ανταμοιβή των παικτών για τα επιτεύγματά τους στο παιχνίδι, δίνει δικαίωμα στους παίκτες για το μερίδιό τους στο Illuvium Vault και χρησιμοποιείται για τη συμμετοχή στη διακυβέρνηση του παιχνιδιού μέσω του αποκεντρωμένου αυτόνομου οργανισμού Illuvium (DAO).

### Πώς λειτουργεί το Illuvium;

Παρόλο που το Illuvium έχει στοιχεία που βασίζονται σε blockchain, μοιάζει περισσότερο με ένα κανονικό βιντεοπαιχνίδι. Είναι προσβάσιμο μέσω μιας εφαρμογής για υπολογιστές που μπορείτε να κατεβάσετε, αλλά διαθέτει επίσης μια σειρά υποστηρικτικών εφαρμογών DeFi που το περιβάλλουν - συμπεριλαμβανομένης της συγκομιδής απόδοσης και του αποκεντρωμένου ανταλλακτηρίου.

Οι παίκτες περιφέρονται στον χώρο του Illuvium παλεύοντας με τα Illuvials και άλλους παίκτες, συμμετέχοντας σε αναζητήσεις και καθημερινές προκλήσεις και λαμβάνοντας μέρος στην ιστορία του. Καθ 'όλη τη διάρκεια του ταξιδιού τους, συλλέγουν Illuvials, τα οποία έχουν μια σειρά από χαρακτηριστικά που τα διακρίνουν ως προς τη σπανιότητα, τη χρησιμότητα και το πόσο επιθυμητά είναι. Αυτά περιλαμβάνουν:

* Κατηγορίες: Empath, Fighter, Guardian, Rogue και Psion.
* Στοιχεία: Αέρας, Γη, Φωτιά, Φύση και Νερό.

Αν και η κατηγορία και το στοιχείο είναι τα πιο σημαντικά χαρακτηριστικά του, κάθε Illuvial έχει ένα μεγάλο αριθμό πρόσθετων χαρακτηριστικών που βοηθούν επίσης στον προσδιορισμό της δύναμής του στη μάχη, και μερικά από αυτά μπορεί να περιλαμβάνουν: ισχύς επίθεσης, ταχύτητα επίθεσης και αγριότητα. Τα Illuvials γίνονται πιο δυνατά με τη νίκη, μπορούν να ενισχυθούν με αντικείμενα εντός του παιχνιδιού και μπορούν να αναβαθμιστούν σε μια ειδική "ανερχόμενη" μορφή — η οποία επωφελείται από δύο συνάφειες ταυτόχρονα.

Κάθε Illuvial αντιπροσωπεύεται από ένα μοναδικό μη-ανταλλάξιμο διακριτικό (NFT) και μπορεί να διαπραγματεύεται ελεύθερα σε εξωτερικές πλατφόρμες ανταλλαγής και στο gas-free IlluviDEX (περισσότερα αργότερα). Μπορούν επίσης να συγχωνευθούν σε πιο ισχυρές μορφές και να εμφανιστούν σε κανονικές, ολογραφικές και σκοτεινές ολογραφικές παραλλαγές που είναι πολύ πιο σπάνιες.

Το παιχνίδι θα περιλαμβάνει μια ποικιλία ροών εσόδων, που προέρχονται κυρίως από αγορές αντικειμένων εντός παιχνιδιού, κατασκευή εξαρτημάτων, καλλυντικά και shard curing. Το 100% αυτών των εσόδων διανέμεται ως ανταμοιβή σε όσους στοιχηματίζουν τα διακριτικά ILV μέσω ενός συστήματος επαναγοράς ILV.

### Τι καθιστά το Illuvium μοναδικό;

Σε αντίθεση με τα περισσότερα παιχνίδια που λειτουργούν με blockchain, το Illuvium διαθέτει ένα πλήρως τρισδιάστατο περιβάλλον, με πάνω από 100 μοναδικά Illuvials διάσπαρτα σε διάφορες περιοχές του. Κάθε Illuvial έχει σχεδιαστεί από μια ομάδα καλλιτεχνών παγκόσμιας κλάσης, διασφαλίζοντας ότι απευθύνεται σε παίκτες που έχουν συνηθίσει σε εξαιρετικά παιχνίδια.

Πέρα από αυτό, διαθέτει πολλές δυνατότητες που το βοηθούν να ξεχωρίζει τόσο από άλλα παιχνίδια μέσω blockchain όσο και από άλλους τίτλους AAA. Αυτά περιλαμβάνουν:

* Ενσωμάτωση Layer-2: Παρόλο που το Illuvium έχει ασφάλεια από το Ethereum, είναι σχεδιασμένο σε Immutable X (IMX) — μια λύση layer-2 που έχει σχεδιαστεί για να διευκολύνει την κλιμάκωση εφαρμογών με λειτουργικότητα NFT. Αξιοποιώντας τις δυνατότητες του Immutable X, το Illuvium διασφαλίζει ότι οι παίκτες μπορούν να κόβουν και να ανταλλάσσουν τα NFT τους με μηδενικές χρεώσεις αερίου και πρακτικά άμεση οριστικοποίηση της συναλλαγής. Οι παίκτες διατηρούν πάντα την επιμέλεια των περιουσιακών τους στοιχείων κατά τη χρήση του IMX.
* Το IlluviDEX: Το Illuvium διαθέτει μια ενσωματωμένη αποκεντρωμένη πλατφόρμα ανταλλαγής (DEX) που ορθώς ονομάζεται IlluviDEX. Αυτό μπορεί να χρησιμοποιηθεί για την ανταλλαγή περιουσιακών στοιχείων Illuvium, συμπεριλαμβανομένων των Illuvial NFT. Αφαιρείται προμήθεια 5% από κάθε πώληση και διοχετεύεται στη δεξαμενή ανταμοιβών για τους παίκτες ILV.
* Συγκομιδή αποδόσεων: Συνολικά 3 εκατομμύρια ILV — που ισοδυναμούν με το 30% της μέγιστης προσφοράς (10 εκατομμύρια) — διατίθενται στο πρόγραμμα συγκομιδής αποδόσεων Illuvium. Αυτά θα διανεμηθούν σε διάστημα τριών ετών σε χρήστες που συνεισφέρουν ρευστότητα και μέσω διαφόρων προγραμμάτων ανταμοιβής συνεργατών.

### Τι είναι το sILV;

Το Illuvium διαθέτει ένα μοναδικό σύστημα συγκομιδής αποδόσεων, δεδομένου ότι όλες οι ανταμοιβές ILV που κερδίζονται μέσω της συγκομιδής αποδόσεων είναι κλειδωμένες για περίοδο ενός έτους προτού να είναι δυνατή η ανάληψη.

Ωστόσο, οι παίκτες έχουν την επιλογή να παραλείψουν το χρονόμετρο ξεκλειδώματος μετατρέποντας τις ανταμοιβές ILV σε δευτερεύον περιουσιακό στοιχείο μόνο εντός του παιχνιδιού, γνωστό ως sILV. Λαμβάνοντας τις ανταμοιβές τους ως sILV, οι χρήστες λαμβάνουν το αντίστοιχο ποσό USD των sILV και μπορούν να ξοδέψουν τις ανταμοιβές τους νωρίτερα για να αγοράσουν αντικείμενα εντός του παιχνιδιού.

Το SILV δεν μπορεί να αποσυρθεί από το παιχνίδι και δεν αντιστοιχεί σε περιουσιακό στοιχείο που βασίζεται σε blockchain.

### Πώς συγκρίνεται το Illuvium με το Axie Infinity;

Παρόλο που τόσο το Illuvium όσο και το Axie Infinity διαθέτουν συλλεκτικούς χαρακτήρες εντός του παιχνιδιού με τους οποίους μπορεί να υπάρξει μάχη, να γίνει ανταλλαγή ή αναβάθμιση, το φάσμα του κόσμου του παιχνιδιού που περιβάλλει αυτά τα πλάσματα είναι λίγο διαφορετικό.

Από τη μία πλευρά, το Illuvium είναι ένα τρισδιάστατο παιχνίδι ρόλων με ιστορία που ξεδιπλώνεται σταδιακά και τεράστιο, ανοιχτό, εξερευνήσιμο τοπίο, ενώ το Axie Infinity είναι ένα εξαιρετικά δημοφιλές, ιδιόμορφο δισδιάστατο παιχνίδι που διαθέτει αξιολάτρευτα πλάσματα, γνωστά ως Axies, που θυμίζουν Pokemon. Μπορείτε να εκτρέφετε, να κάνετε μάχες και να ανταλλάσσετε αυτά τα Axies. Προς το παρόν, δεν υπάρχει κάποια ιστορία γι' αυτά.

Τόσο το Illuvium όσο και το Axie Infinity διαθέτουν ένα ισχυρό παιχνιδοποιημένο στοιχείο DeFi, πράγμα που σημαίνει ότι μπορεί να διακυβεύεται ένα πραγματικό Ether (ETH) όταν παίζετε οποιοδήποτε από τα δύο — καθώς ορισμένα Illuvials και Axies θα μπορούσαν να αντιστοιχούν σε σημαντικά ποσά στην ανοιχτή αγορά.

Σε αντίθεση με το Axie Infinity, το οποίο χρησιμοποιεί μια τυχαία συλλογή περιουσιακών στοιχείων για την παραγωγή κάθε μεμονωμένου Axie, τα Illuvials του Illuvium είναι εντελώς μοναδικά. Κάθε ένα διαθέτει μοναδικά στοιχεία και εξοπλισμό για να διασφαλιστεί ότι είναι ξεχωριστό και φέρει χαρακτηριστικά που σχετίζονται με τις ιδιότητες και την περιοχή του.

Τα δύο παιχνίδια έχουν σαφώς κάποιες ομοιότητες, αλλά το Illuvium απευθύνεται κυρίως σε παραδοσιακούς παίκτες που ενδέχεται να έχουν ή να μην έχουν εμπειρία με κρυπτονομίσματα και NFT, ενώ το Axie Infinity θα προσελκύει κυρίως τους γνώστες των crypto.

Trust Wallet

MetaMask

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Rocket Pool

Frax Share

Pixels

0x Protocol

aelf

Livepeer

Mask Network

PAX Gold

Arkham

Loopring

Pancake Games

ether.fi Staked ETH

Medifakt

Dopex

I love puppies

Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security.

Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike.

Immutable

Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.

PYR  is the native utility token that is used for:

Fees for marketplace settlement

Staking in VulcanVerse land and other assets

Upgrading and sustaining game asset levels

Play-to-earn rewards

Access to our game developers and NFT dapp incubation program

Vulcan Forged Platforms and games include:

*VulcanVerse, a Grece-Roman fantasy metaverse made up of 10,000 plots of land

Anvil, a crypto-less and gas-free NFT engine for easy game and dApp onboarding

Vulcan Market, a gas free NFT marketplace for all Vulcan Forged games

Berserk, an NFT online TGG

Frenzy, a create-your-own tournament platform with PYR as it’s reward token.

Vulcan Forged (PYR)

Gala is a web3 ecosystem powered by a layer-1 blockchain (GalaChain) built to power the Gala entertainment ecosystem that originally included Gala Games, Gala Music and Gala Film. More recently however, GalaChain has opened its doors to external developers and projects from any applicable industry, providing open source developer resources to simplify the process.

On a mission to empower users and creators across multiple industries throughout the world, Gala’s goal is to become the first billion user blockchain in the world. Innovators can extend the benefits of web3 to their users and communities more easily than ever before by leveraging open source tools like the GalaChain SDK and Creator Portal.

By elevating their ideas to web3 through GalaChain, developers can create custom tokens, smart contracts, reward opportunities and node networks for their communities and projects. Assets built on GalaChain can also be bridged to other blockchains, such as Ethereum, Binance Smart Chain and more. Developers who wish to learn more about getting involved with GalaChain are welcome to reach out via GalaChain.com.

The core of GalaChain is powered by its DePIN (Decentralized Physical Infrastructure Network) of Founder’s Nodes, whose operators earn daily $GALA rewards for actively providing resources to the ecosystem and enjoy governance voting rights on certain core Gala decisions. In addition to the Founder’s Node network’s foundational workload, individual projects can also create Node networks on GalaChain with more specific workloads.

Gala.com
News.Gala.com
Games.Gala.com
Music.Gala.com
Film.Gala.com

Gala

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

SuperVerse

Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

The Sandbox

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.

Ultra

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.

To learn more about this project, check out our deep dive of Axie Infinity.

Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.

These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique.

Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie's stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace.

The Axie Infinity ecosystem also has its own unique governance token, known as Axie Infinity Shards (AXS). These are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

Axie Infinity

RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token.
During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.

Render

Seedify.fund(SFUND) Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain. Its ecosystem also includes an NFT launchpad for gaming and metaverse assets, along with the industry's first gaming-and-metaverse-asset-centric NFT marketplace, Seedify NFT Space.

Featuring an IGO launchpad with a tiered allocation mechanism, Seedify enables $SFUND holders to stake their tokens and earn staking rewards while gaining access to quality, procured blockchain gaming projects through private sales and initial game offerings. The launchpad's tier system consists of nine tiers. Tier 1 uses a lottery-based allocation process, while tier 2 to 9 participants enjoy guaranteed allocation.

Along with IGOs, stakers can also participate in initial NFT offerings (INOs) and initial metaverse offerings (IMOs) on Seedify's NFT Launchpad. Additionally, staking $SFUND, gives holders the opportunity to receive tokens from the projects that have been selected and supported by Seedify's incubation program.

Committed to bringing the opportunities offered through blockchain gaming and the play-to-earn model to billions around the globe, the Seedify team has established key relationships with numerous VCs and industry peers, to build an extensive support network for blockchain gaming and metaverse startups.

Interested game industry innovators submit their project proposal to the Seedify

Seedify acts as a launching pad for blockchain games and the disruptive play-to-earn gaming model. The gaming industry is gradually entering a new era — previously gamers may spend large sums of money on in-game items with no direct monetary benefits. However, they are now able to make money by earning in-game item non-fungible tokens (NFTs) and tokens, which is facilitated by the play-to-earn revolution.

Blockchain technology has not only opened up more opportunities for gamers and game developers, but it has also offered additional forms of benefits like transparency, ownership, incentive models and digital ownership through NFTs.

The team behind the Seedify project are pursuing a global goal: to acquaint gamers with the blockchain and increase the rate of technology adoption, attract a huge number of users, create more jobs and financial benefits.

Seedify.fund

Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms.

To learn more about this project, check out our deep dive of Arweave.

The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information.

The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.

Arweave

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.

Avalanche

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.

Decentraland (MANA) is a decentralized virtual world platform with software based on the Ethereum blockchain, where users create, test and monetize content. In short: users buy virtual plots of land as NFTs with MANA tokens on the Decentraland platform. Progress in the game depends only on players themselves, their efforts and their imagination.

The digital platform is completely owned by its users. Within the Decentraland metaverse, participants can explore the virtual world, purchase plots of land that can be monetized, create works of art, own non-fungible tokens (NFTs), and take part in a decentralized autonomous organization of the platform Decentraland DAO. Due to the DAO, the community influences the development vector of the project.

In addition, users have access to interactive applications, in-world payments and peer-to-peer communication. The 3D world resonates with many participants as Decentraland has many applications, both entertainment for gamers and business for investors.

Two types of tokens called MANA and LAND govern operations in Decentraland. They also allow users to interact with the platform.

MANA is the official currency of Decentraland. It’s an ERC-20 standard token that powers the Decentraland platform. With MANA, users can purchase plots of LAND, as well as pay for in-game items and services.

MANA gives its holders the right to vote in Decentraland DAO. MANA can be purchased on a cryptocurrency exchange or by selling collectibles on Decentraland Marketplace. The owner of tokens converts them to wrapped MANA, or wMANA, and then commits them to the DAO. One wMANA equals one vote. MANA can be exchanged for fiat currency and other digital assets.

As for LAND, it’s a non-fungible token (NFT) based on Ethereum (ETH). It is used to track ownership of land parcels aka digital real estate. Like MANA, LAND is part of the protocol and confers voting rights, but LAND does not need to be fixed in the DAO. One LAND is equal to two thousand votes.

Players choose what to do with their land. Owners store tokens in crypto wallets and buy necessities with MANA tokens on the Decentraland Marketplace. Moreover, on the marketplace, participants can manage or exchange LAND tokens (priced in MANA). Holders use the marketplace to transact or transfer in-game items. All transactions are conducted, regulated and registered via the Ethereum blockchain.

Decentraland combines an online gaming space and blockchain technology. All control over the rules is given to the players, and token holders vote on in-game and organizational policies. The original goal was to form a decentralized virtual reality, but in practice, Decentraland has turned into a massive NFT market.

A special role in Decentraland is assigned to NFTs, such as collectibles, virtual equipment and real estate (LAND). However, for new players who want to join the universe and seize NFTs, the entry barrier will be high.

The Decentraland protocol is built on three levels using Ethereum smart contracts. On the consensus layer, the ownership of LAND is tracked and managed. The land content layer displays the content of the Decentraland virtual world. Finally, on the real-time layer, participants interact with each other.

The platform was co-founded by two blockchain experts, Ari Meilich and Esteban Ordano, in 2015. Officially it was launched a year later and became available only in February 2020, gradually turning from a 2D experiment into a full-fledged 3D world.

To sum up, Decentraland is a decentralized game and a 3D virtual reality platform where players own lands and create limitlessly. Decentralized Autonomous Organization (DAO) software is at the core, and governance is in the hands of the community. Through the native token MANA, players participate in any proposals for managing and improving the ecosystem, the auction system, and the in-game policy.

Decentraland

Injective is a blockchain built for finance. It is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols and more.

Injective uniquely provides powerful core financial infrastructure primitives that applications can leverage, including a fully decentralized MEV-resistant on-chain orderbook. In addition, all forms of financial markets such as spot, perpetual, futures and options are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non EVM chains such as Solana.

Injective also provides a next-generation, highly interoperable smart contract platform based on CosmWasm, with advanced interchain capabilities. Injective is custom built with the Cosmos SDK and utilizes Tendermint-based Proof-of-Stake consensus mechanism, providing instant transaction finality with the ability to sustain lightning-fast performance (10,000+ TPS).

The Injective ecosystem includes 100+ projects and over 150,000 community members globally. Injective is backed by a group of prominent investors such as Binance, Pantera Capital, Jump Crypto and Mark Cuban.

Injective’s core exchange module provides state-of-the-art capabilities including an advanced on-chain order book and matching engine for spot, perpetual, futures and options markets, resistance to Miner-Extractable Value (MEV) through frequent batch auction order matching, and zero gas fees for users.

Injective natively uses IBC and is highly-interoperable with multiple layer 1s, including, but not limited to, Polygon and Solana (through an upcoming Wormhole integration). It is also uniquely built to be interoperable with Ethereum, through its own decentralized ERC-20 token bridge, making Injective the first network within the Cosmos ecosystem to natively support Ethereum assets.

Smart contracts are implemented on Injective through CosmWasm, allowing for multi-chain smart contract transactions to occur seamlessly. Injective, however, is the only blockchain that enables automatic smart contract execution. This capability serves as a powerful building block for developers to create novel use cases that would not be possible on any other chain.

The use cases intended for INJ include but are not limited to: protocol governance, dApp value capture, Proof-of-Stake (PoS) security, developer incentives and staking. Further details regarding each of these use cases can be found below:

Protocol Governance: The INJ token governs every single component of Injective, including chain upgrades. Since its mainnet launch, the Injective community has actively contributed to governance, with all proposals passing through a DAO governance vote. The comprehensive governance page is available here.

Protocol Fee Value Capture: 60% of all fees generated from dApps enter an on-chain buy-back-and-burn auction to maintain the deflationary nature of INJ. The burn auction page is available here.

Tendermint-based Proof-of-Stake (PoS) Security: INJ is used to secure the Injective blockchain using a proof-of-stake mechanism. Validators and delegators can both participate in staking.

Developer Incentives: 40% of fees generated by users on dApps built on Injective go directly towards incentivizing new developers building on Injective which brings an ever growing funnel of builders to Injective.

Injective

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.

The ecosystem is based on two main technologies: Lachesis protocol and Opera.

The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.

Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.

Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.

The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.

As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Fantom

Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.

The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.

To learn more about this project, check out our deep dive of Chainlink.

Ocean Protocol

Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in  use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel — essentially any complex digital system that relies on large-scale datasets.

Fetch.ai

SingularityNET is a blockchain-powered platform that allows anybody to easily "create, share, and monetize" AI services, thanks to its globally-accessible AI marketplace.

Through the SingularityNET marketplace, users can browse, test and purchase a huge variety of AI services using the platform’s native utility token — AGIX. Moreover, the marketplace represents an outlet AI developers can use to publish and sell their AI tools, and easily track their performance.

With the benefits of LLMs and generative AI are increasingly exciting, their limitations are also becoming increasingly apparent. The convergence of structured knowledge with neural networks is emerging as the key to overcoming their shortcomings.

Uniquely positioned at the heart of this convergence, SingularityNET will prioritize the integration of Knowledge Graphs (KGs) and comprehensive Neural Symbolic tools for LLMs, with the goal of empowering developers to create the next generation of AI systems on the SingularityNET Platform.

SingularityNET is strategically positioned to become the Knowledge Layer of the Internet, leading the evolution of the emerging AI landscape while also laying the foundations for the Artificial General Intelligence (AGI) of tomorrow.

The team behind SingularityNET pioneered the development of an AI known as Sophia, which is described as the "world's most expressive robot". SingularityNET’s goal is to enable Sophia to be able to fully understand human language, and continue developing “OpenCog” — an AI framework that is hoped to eventually achieve a state known as “advanced general intelligence,” i.e. human-level artificial intelligence (or beyond).

The platform was first announced in 2017 and completed an initial coin offering (ICO) in December the same year, raising $36 million in just one minute.