## Τι είναι το MOBOX;

Το MOBOX είναι μια ολοκληρωμένη πλατφόρμα παιχνιδιών web3 που ενσωματώνει περιεχόμενο που δημιουργείται από τους χρήστες, αποκεντρωμένη διακυβέρνηση και έναν εικονικό κόσμο γνωστό ως MOMOverse. Μέσα σε αυτό το οικοσύστημα, οι παίκτες μπορούν να αλληλεπιδρούν μεταξύ τους, να ανταγωνίζονται για εδάφη σε ένα παιχνίδι που ονομάζεται MOLand, και να συμμετέχουν σε μια ποικιλία άλλων διαδραστικών δραστηριοτήτων. Η πλατφόρμα είναι σχεδιασμένη για να ανταμείβει τους παίκτες, τους προγραμματιστές και τους συλλέκτες για τη συμμετοχή και τις συνεισφορές τους, προωθώντας ένα περιβάλλον με κίνητρο την κοινότητα.

Στον πυρήνα του MOBOX βρίσκεται το νόμισμα χρησιμότητας MBOX, το οποίο εκτελεί πολλαπλές λειτουργίες εντός του οικοσυστήματος. Λειτουργεί ως νόμισμα εντός παιχνιδιού, επιτρέποντας στους χρήστες να κάνουν αγορές, να αποκτούν επιπλέον χαρακτήρες και να συμμετέχουν σε λαχειοφόρους αγορές. Το MBOX διαδραματίζει επίσης κρίσιμο ρόλο στη διακυβέρνηση της πλατφόρμας, επιτρέποντας στους κατόχους των νομισμάτων να υποβάλλουν προτάσεις και να ψηφίζουν για τη μελλοντική κατεύθυνση της πλατφόρμας. Επιπλέον, το MBOX χρησιμοποιείται για την εξόρυξη ρευστότητας, όπου οι χρήστε

### Πώς εξασφαλίζεται το MOBOX;

Η MOBOX δίνει προτεραιότητα στην ασφάλεια της πλατφόρμας και των χρηστών της μέσω μιας πολυδιάστατης προσέγγισης. Αναγνωρίζοντας τη σημασία της προστασίας της πλατφόρμας παιχνιδιών και του δημιουργού metaverse, η MOBOX έχει υλοποιήσει μια σειρά από προηγμένα μέτρα ασφαλείας. Αυτά περιλαμβάνουν την ανάπτυξη τεχνολογίας επιτήρησης τελευταίας γενιάς, ολοκληρωμένα συστήματα συναγερμού και ασφαλή κωδικοποιημένη είσοδο για την αποτροπή της μη εξουσιοδοτημένης πρόσβασης. Τέτοια φυσικά μέτρα ασφαλείας συμπληρώνονται από ψηφιακές προστασίες για να διασφαλιστεί η ακεραιότητα και η εμπιστευτικότητα των δεδομένων.

Εκτός από τα φυσικά και ψηφιακά πρωτόκολλα ασφαλείας, η MOBOX ασχολείται με προληπτικές νομικές συμβουλές. Αυτό διασφαλίζει ότι όλες οι πρακτικές ασφαλείας όχι μόνο πληρούν αλλά υπερβαίνουν τα τρέχοντα κανονιστικά πρότυπα, παρέχοντας μια επιπλέον στρώση προστασίας έναντι πιθανών νομικών και ασφαλιστικών προκλήσεων. Η δέσμευση της πλατφόρμας στην ασφάλεια επεκτείνεται σε αυστηρές πρακτικές προστασίας δεδομένων, προστατεύοντας τις πληροφορίες των χρηστών και τα δεδομένα συναλλαγών από παραβιάσεις και μη εξουσιοδοτημένη πρόσβαση

### Πώς θα χρησιμοποιηθεί το MOBOX;

Το MOBOX (MBOX) λειτουργεί ως ένα πολυδιάστατο utility token εντός του GameFi οικοσυστήματός του, γνωστού ως MOMOverse. Αυτό το ψηφιακό περιουσιακό στοιχείο είναι ουσιώδες για τις λειτουργίες της πλατφόρμας, προσφέροντας στους χρήστες μια ποικιλία χρήσεων που ενισχύουν τις παιχνιδιάρικες και οικονομικές τους εμπειρίες.

Ως νόμισμα εντός παιχνιδιού, το MBOX είναι κρίσιμο για τη διευκόλυνση διαφόρων συναλλαγών και δραστηριοτήτων εντός της πλατφόρμας. Οι παίκτες μπορούν να χρησιμοποιήσουν το MBOX για να αποκτήσουν επιπλέον χαρακτήρες, να συμμετέχουν στον τροχό της λοταρίας και να λαμβάνουν κίνητρα για τη συμμετοχή τους σε μάχες Παίκτη εναντίον Παίκτη (PvP). Αυτή η χρησιμότητα ενισχύει την παιχνιδιάρικη εμπειρία παρέχοντας ένα μέσο για τους χρήστες να έχουν πρόσβαση σε αποκλειστικό περιεχόμενο και επιβραβεύσεις.

Επιπλέον, το MBOX διαδραματίζει σημαντικό ρόλο στη διακυβέρνηση της πλατφόρμας MOBOX. Οι κάτοχοι των token έχουν την ευκαιρία να υποβάλλουν προτάσεις και να ψηφίζουν σε σημαντικές αποφάσεις σχετικά με την ανάπτυξη και την κατεύθυνση της πλατφόρμας. Αυτή η δυνατότητα ενδυναμώνει την κοινότητα, επιτρέποντάς της να έχει λόγο στο μέλλον της πλατφόρμας.

Η εξόρυξη ρευστότη

### Ποια κύρια γεγονότα έχουν συμβεί για το MOBOX;

Η MOBOX έχει σημαδέψει την παρουσία της στον κόσμο των κρυπτονομισμάτων και των παιχνιδιών μέσα από μια σειρά σημαντικών γεγονότων που έχουν διαμορφώσει την πορεία της. Ένα από τα καθοριστικά στιγμιότυπα για τη MOBOX περιλαμβάνει τη στρατηγική καύση των νομισμάτων $MBOX. Αυτή η ενέργεια είναι μέρος ενός ευρύτερου μηχανισμού που σχεδιάστηκε για να ρυθμίσει την προσφορά του νομίσματος, επηρεάζοντας πιθανώς την αξία του και εξασφαλίζοντας ένα βιώσιμο οικοσύστημα για τους χρήστες και τους επενδυτές. Η διαδικασία καύσης χρησιμοποιεί το 80% των τελών πλατφόρμας για να αγοράσει αυτόματα και να καταστρέψει νομίσματα, επιδεικνύοντας τη δέσμευση της MOBOX στη διατήρηση μιας ισορροπημένης οικονομίας νομισμάτων.

Ένα άλλο κλειδί γεγονός στο χρονοδιάγραμμα της MOBOX είναι η συμμετοχή σε περιορισμένα γεγονότα φάρμας MOMO. Αυτά τα γεγονότα προσφέρουν στους χρήστες την ευκαιρία να αλληλεπιδράσουν με την πλατφόρμα με μοναδικούς τρόπους, ενισχύοντας το αίσθημα κοινότητας και ανταμείβοντας την ενεργή συμμετοχή. Μέσω αυτών των γεγονότων φάρμας, οι χρήστες μπορούν να στοιχηματίσουν τα περιουσιακά τους στοιχεία και να συμμετέχουν σε δραστηριότητες που αποφέρουν ανταμοι



MOBOX

Top 10 BNB Chain Projects in 2022

What Is MOBOX (MBOX)?

CoinMarketCap MOBOX Legendary NFT Sells for $60,000

# MOBOX
Is a gaming platform & metaverse creator that combines automated optimized DeFi yield farming and gaming NFTs to create a GameFi metaverse — the MOMOverse , is a cross platform metaverse that can be enjoyed on all devices no matter where you are. Whether it is creating content or enjoying others’ creations, the MOMOverse rewards players, developers, and collectors for their engagement and enjoyment.


## What is MOBOX (MBOX)?

MBOX is the native utility token that is used for:

**In-game currency:** The MBOX token facilitates in-game purchases such as acquiring additional characters, lottery wheel, and incentives for in-game activity such as rewards for Player-versus-Player (PvP) battles.

**Governance:** MBOX token holders will be able to submit and vote on proposals to influence the platform's development and direction.

**Liquidity mining:** Users can stake in various liquidity pools on the platform or stake MOMO NFTs to earn staking rewards paid in MBOX tokens.

**NFT mystery boxes:** Users can stake MBOX tokens (veMBOX) for a chance to obtain unique MOMO NFT Mystery Boxes.


MOBOX MOMO NFTs: 

* Minted through the unlocking blind boxes (Mystery Boxes) 
* Staked in a Smart Contract to mint MBOX tokens. 
* Can be traded on the MOBOX NFT Marketplace. 
* Used across all the **games** on the MOBOX platform.
* Tiered according to rarity.


## How Many MBOX Coins Are There in Circulation?

MOBOX platform had a fair launch (no pre-seed, no pre-sale, no pre-TVL) launched on April 06, 2021 with a total supply of 1 billion tokens.  51% of tokens are minted by the community, 21% for community contributors, 8% for strategic partners, and 20% kept for the team.  The MBOX token is released over 5 years, with 400 million being released the first year and diminishing after each subsequent year.  80% of platform fees are used to burn MBOX tokens using a unique smart contract that is triggered to auto buyback and burn.


### Who Are the Founders of MOBOX Protocol?

The founders of MOBOX have been in the Dapp space since 2018.  With a wealth of experience in coding smart contracts, the team has handled over $4 billion across their Dapps.   

With an international team, MOBOX has created communities across the globe.  Their previous Dapp was successfully the first ever gaming Dapp featured on Binance Launchpad.


### Where Can I Buy MBOX tokens?

MBOX tokens can be bought on Binance: https://www.binance.com/en/price/mobox
Or
MBOX tokens can be bought on Pancake Swap : https://exchange.pancakeswap.finance/#/swap
Or
Through their integration of Pancake Swap right on their website: https://mobox.io/#/iframe/momo

New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.




Binance

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MOBOX is a cross platform gaming metaverse that combines automated optimized DeFi yield farming & gaming NFTs to create a GameFi #metaverse known as #MOMOverse

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My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. The game bills itself as a place where “players can buy and own virtual islands, collect and build exciting items while also making new friends.” Each player has their own avatar representing them in the game, which they can modify as they please. Players can buy virtual real estate from Alice, the game’s eponymous central figure, or the internal marketplace. All purchased land is represented as an NFT.

My Neighbor Alice aims to introduce blockchain to millions of players and targets a diverse gaming community within the traditional gaming market. Although the game is blockchain-based and integrates DeFi features, it does not require prior knowledge of cryptocurrency and blockchain. My Neighbor Alice takes inspiration from several popular sources. For instance, daily in-game tasks and social aspects are inspired by Animal Crossing, whereas Minecraft serves as a role model for building mechanics. The artwork was inspired by the Swedish children’s book Pettson and Findus.

MyNeighborAlice

Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).

Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.

To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments have been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and future plans include NFT interoperability.

Alien Worlds

Automata Network

Coin98 is a decentralized finance (DeFi) solution that allows users access to cross-chain swaps, staking and yield farming.

To learn more about this project, check out our deep dive of Coin98.

Coin98 aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission through a full suite of products, including Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).

Coin98 Wallet: Allows users to store, send, receive, manage crypto assets and connect to numerous dApps on multiple blockchains. It supports over 40 blockchains such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc on both mobile (iOS & android) and Chrome extension versions.

Coin98 Exchange: A multi-chain liquidity aggregator that supports assets across a variety of blockchains, including but not limited to Ethereum, Binance Smart Chain, Solana, Avalanche and Polygon.

Space Gate: A cross-chain bridge that enables swapping and transferring values across multiple networks.

The C98 token is the native utility token of the Coin98 platform and will be used to pay services fees, as staking incentives, for governance, and unique membership rights.

In the Coin98 roadmap, there are plans to develop a launchpad, a lending and borrowing platform, a megafarm, a derivatives market and an NFT marketplace.

In July 2021, Coin98 was a Binance Launchpad project.

Coin98

Mines of Dalarnia (DAR) is an action-adventure game with a blockchain real-estate market. MoD is based on a simple and simultaneously captivating gameplay, where users can mine and combine in-game items, then utilize them to upgrade their characters (skills and equipment), thereby increasing their rank in the game. Players can go in search of rare artifacts / relics / minerals, complete quests, team up with other players to defeat monsters and unlock rewards.

Mines of Dalarnia

RACA

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

Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on Binance Smart Chain (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and vows to be committed to innovation in DeFi through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery.

Biswap’s core products include the standard DEX functions like an AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad. In its roadmap, Biswap targets the following:

Listing on major crypto exchanges

Improvements of its NFT marketplace

Cross-chain support

Limit orders

Lending & Borrowing

A personal user dashboard

A swap referral program

Furthermore, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. Partners can expect a 90% fee reimbursement, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.

Biswap

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.

To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Services such as WAX Cloud Wallet, SSO and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. WAX’s blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.

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

Bloktopia is a decentralized metaverse backed by and built on Polygon. In Bloktopia, a decentralized virtual reality skyscraper made up of 21 levels (as recognition to 21 million Bitcoin) acts as a central hub for users to have access to crypto information and immersive content in one place. The so-called Bloktopias can educate themselves in the basics or more advanced crypto learnings, earn revenue by owning virtual real estate, play games, build networks and more. Moreover, advertisers and sponsors can monetize the platform’s userbase through a dedicated NFT mechanism. By providing a VR experience for the crypto community, users can engage in an immersive environment according to Bloktopia’s four core pillars: learn, earn, play and create.

Bloktopia

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

Yield Guild Games (YGG) is the world’s first and biggest web3 gaming guild where players can find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming.

As a network of gaming guilds focused on web3 games, YGG is committed to providing opportunities for its members to achieve success in web3 gaming through questing initiatives such as Superquests and the Guild Advancement Program (GAP). These enable members to build their on-chain identity through its achievement-based reputation system.

From its roots in the Philippines to its global network of regional guilds and partnerships with over 80 blockchain games and infrastructure projects, YGG caters to an ever-expanding community of gamers and blockchain enthusiasts.

Yield Guild Games

Chromia is a modular, relational blockchain platform that aims to make it easy for people to build decentralized applications (DApps). It was founded by ChromaWay, a company that has been working on blockchain solutions since 2014 for various sectors such as finance, real estate, gaming and public services. ChromaWay is also known for creating colored coins, which are user-defined assets on a blockchain that can represent anything from currencies to stocks to collectibles.

Chromia’s vision is to enable a new generation of DApps that can scale beyond what is currently possible and address real-world problems in various domains such as gaming, social media, finance, healthcare, education, governance, and more.

Some examples of DApps on Chromia include: My Neighbor Alice (ALICE), a multiplayer blockchain game; LAC PropertyChain, a land registry system; Green Assets Wallet, a platform for green bond verification; Hedget (HGET),  a decentralized options protocol; Corite (CO), a music streaming service; Chain of Alliance (COA), a strategy game; Vault12, a digital asset custody solution; Domenation, a blockchain gaming project.

Chromia

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.

REEF is the native token that is used for:

Fees for processing transactions and storing data.

Running validator nodes by staking REEF tokens.

Nominating which validator nodes should be part of the network.

Reef is backed by multiple leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.

Reef Chain development tools include:

Remix and EVM integrated development environments for uploading and deploying smart contracts.

Reefscan blockchain explorer to assist with deploying validators, bonding and nominating validators, debugging contracts, and understanding network performance.

Reef command line tools that allow developers deploy applications from local environments.

Reef wallet for accessing and interacting with the blockchain

Reef

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

SushiSwap

Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange. It provides an array of products, such as:

An exchange to swap tokens

A yield farm to earn rewards

Syrup pools to stake CAKE tokens

Ethereum liquid staking (wBETH) and simple staking

Pancake Protectors game

v3 position manager (new feature)

A prediction market

Initial Farm Offering (IFO) token launches

A bridge to bridge CAKE to Ethereum and Aptos

A lottery

An NFT marketplace

Pancakeswap innovates quickly and ships new products regularly. In April 2023, PancakeSwap voted to transition to a deflationary token model called "Ultrasound CAKE." The protocol passed a proposal called CAKE Tokenomics v2.5 to create a structure combining real yield (no supply impact) and reduced token emissions. Over 102% of minted CAKE is burned weekly. This is intended to provide a multi-year runway for emissions and incentivize locking up CAKE, making the token more valuable long-term.

PancakeSwap has an anonymous team of “Chefs,” working in the PancakeSwap “Kitchen.” The platform is open-source and has been audited by multiple reputable blockchain security firms like Peckshield and Slowmist.

Although the bear market has impacted TVL and trading volume for the protocol, PancakeSwap still boasts an annualized revenue of $27 million, with 42% of CAKE is staked:

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

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

The PMM pricing mechanism, which mimics human trading, utilizes oracles to gather highly accurate market prices for assets. It then provides enough liquidity close to these prices in order to stabilize the portfolios of liquidity providers (LP), lower price slippage and negate impermanent loss by allowing arbitrage trading as reward.

DODO also caters for new crypto projects with a free ICO listing through its Initial DODO Offering (IDO) which requires issuers to only deposit their own tokens.

DODO’s smart contract operates as an ERC20 token on the Ethereum network.