Innovation never stops. BNB Chain is constantly committed to finding and supporting the most promising innovators in the ecosystem, expanding boundaries, and helping users from all walks of life seamlessly enter the web3 world. Therefore, in this process, every month's "BNB Chain Star" project is selected from the best.
In this article, we will introduce you to 8 innovative projects on BNB Chain. These include innovative trading tools, exciting blockchain games, a disruptive music NFT platform, and powerful Web3 data and domain name services. Let's take a look at the charm of these projects!
Wam: A social gaming platform where you can earn money while playing
Project Star WAM stood out and was shortlisted for the 2021/2022 Mobile Game Best Innovation Award for two consecutive years.
The project has topped the Romanian App Store rankings several times, surpassing companies such as TikTok, Disney, Netflix, etc.
The roadmap describes WAM’s unique incentive mechanism: in addition to P2E (play to earn), WAM also has multiple mechanisms such as own2earn (treating the game itself as an NFT asset), develop2earn (publishing games on WAM and getting rewards), promote2earn (promoting events and games to get rewards), and stream2earn (using special technology to help streaming media get incentives).
WAM has been actively involved in the development of various fields. WAM has established several important partners: the first division Romanian football team - U CLUJ, the All-Star Game (annual basketball competition with the participation of the best players in the world), Sports Festival (the largest multi-sport event in Romania), UNTOLD (one of the largest music festivals), and Digital Crusade (the largest eSports tournament in Romania).
The team consists of 36 members and is currently growing, having attracted more than 30 business partners. Since the Beta release in February 2021, it has more than 5 million players and has more than 570,000 registered users. This will not be surprising when you see their 45 games (and counting) and unique tournament mode.
Since the launch of Play to Earn in April this year, the community has exceeded 240,000 users and has generated more than 850,000 in-app transactions. It can be seen that the project is accelerating.
Tangled: A social discovery app
The next Binance Star project, Tangled, is an active social discovery app where you can meet people with similar interests and hobbies as you do. Every minute spent with friends in Tangled is worth it.
The Tangled mobile app was officially launched on August 25. Such a Web3 platform application provides users with an interesting experience, with a silky background and access to its Web3 real-time chat, where they can start interacting with other users in the industry.
Featuring a variety of color schemes and adorable monsters (aka Juicyfurs), these creative Tangled watches add a creative and fun twist to your NFT collection. The social network is designed to reward users who take the time to interact and will provide a fun alternative to other social platforms that have become a mainstay of our lives.
Rareboard: NFT Market Aggregator
Rareboard is an NFT market aggregator built for BNB Chain. As part of the Most Valuable Developer Program (MVB), the platform exceeded 29,000 BNB in historical trading volume and 4,500 in minting volume in its first month of operation, hosting more than 100 collectibles. This is because they aggregated more than 10 different NFT markets on the BNB Chain network.
Building on its latest “Buy Protection” and “Bid Protection” features, the project has also been hard at work developing new features to keep the community running safely. Rareboard users can now safely bid on and purchase dynamic NFTs from marketplace partners, as Rareboard’s code does not allow sellers to remove accessories or other items of value from the NFT before the transaction is completed.
The team will soon add a collection of NFT trends to Rareboard’s homepage so users can see the entire ecosystem at a glance. Rareboard’s data engineers have completed the backend of this work, and they look forward to providing accurate and reliable data to all NFT collectors, researchers, and analysts.
The MVB program has also entered into on-boarding talks with a number of venture capital firms, hoping to participate in the project’s private placement later this year.
ApolloX: The First CEX-DEX Hybrid Cryptocurrency Exchange
ApolloX is the next project star of BNB Chain. ApolloX has made considerable progress on its DEX engine. The team outlined its vision to bring a world-class perpetual futures trading experience to users together with DEX partners.
The project has achieved 200K total active addresses last month, which is a commendable milestone. In addition, in terms of community management, ApolloX passed the first vote of the DAO and created a series of incentive mechanisms for DAO participants.
ApolloX’s major updates in the past month are as follows:
1. Launch the "DEX Engine" SDK to allow other projects to build their own future DEX, Apollox will provide support
2. Recruited 7 DEX partners, including PancakeSwap, ApeSwap, etc., and more than 10 are in preparation
3. Launch a smart contract for daily repurchase of APX to benefit users who participate in DAO investment
NodeReal: Infrastructure service provider
NodeReal is a one-stop blockchain infrastructure service provider that embraces the rapidly developing blockchain era and empowers developers through its mission of "making your Web3 a reality". The team supports the BNB Chain ecosystem through:
MegaNode: Fastest RPC/Archive and API services, including enhanced APIs. See the performance report for more information:
https://blog.nodereal.io/en/blockchain-API-service-quality-the-three-metrics-that-matter/
Semita: Enterprise-level customizable application chain solution, Galaxy project and Cube (Netmarble) project will be its first 2 demonstration cases
Developer Community Growth: NodeReal fully supports BNBChain in Blockchain education, talent development, hackathons and conferences.
Gomu: An infrastructure project that makes Web3 open to everyone
The latest project, Star Gomu, has already begun to make an impact in the industry through its powerful API offerings. The project ensures that creators and developers can leverage its services to launch Web3 experiences on BNB Chain in a more seamless manner, producing the same effective results.
Instead of setting up your own nodes and infrastructure, you can now use the Gomu NFT API to integrate web elements into existing and new products, including NFT marketplaces, crypto wallets, NFT collection sites, and more! This shortens setup and launch time, allowing your team to get to market faster.
The project’s upcoming roadmap includes new data sources and marketplace support, as well as additional widgets and tools to help accelerate and enrich the development experience for Web3 developers and builders.
Gomu is an open project that will benefit the entire ecosystem and allow users to follow the latest innovations from the project stars.
Element: A community-driven aggregation marketplace
Element is the first community-driven aggregation market designed to save users time and money. The project is committed to providing users with the best liquidity, lowest transaction costs, and most efficient trading capabilities.
The Element team aims to keep up with hot market and industry trends, continuously launch new products, and upgrade and optimize existing features to bring the best experience to users. The company is currently listed on multiple markets, supporting Element, OpenSea, LooksREE, X2Y2, and other trading markets.
Through a sophisticated ranking system that is easy to access and supports multi-dimensional queries, the project also adds features such as whale tracking, actual sales and order volume, striving to keep users informed of the latest information at all times.
pStake: Multi-chain Liquidity Staking Protocol
pStake recently launched a liquidity staking product on BNB Chain and was selected as the monthly star in August.
The project is a multi-chain liquidity staking protocol that releases the liquidity of POS assets by issuing fixed equity tokens to users' margin assets, allowing them to earn DeFi returns on top of deposit rewards. pSTAKE's liquidity staking protocol is currently available on 3 chains, namely Cosmos, Ethereum, and Persistence.
Liquid staking support for BNB is now live after its contracts were extensively audited. Additionally, pSTAKE is developing liquid staking solutions for other premium assets in the industry.
PStake is the flagship product built by the Persistence team. They were one of the first projects to adopt Proof of Stake and have built their system on the Cosmos ecosystem since 2019 (the BNB Beacon Chain is also built using the Cosmos SDK). They participated in the first ever PoS incentivized testnet (Game of Stakes), the launch of the Cosmos Hub, and the initial testnet for inter-blockchain communication (Game of Zones).
pSTAKE is committed to continuously bringing liquidity staking innovation to the PoS chain and DeFi ecosystem. pSTAKE is leading the way and has already begun to lead. The increase in pSTAKE adoption proves investors' demand for additional returns on DeFi.
The team’s longer-term vision is to make liquidity-staking stkASSETs the default asset in the staking economic system and become a one-stop service for users to invest and find DeFi opportunities in the top ecosystem. With more plans in the works, Persistence and pSTAKE will have a significant impact on DeFi in 2022 and beyond.
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