Solana is mainly known for being scalable and having a vibrant ecosystem – not so much for being decentralized. A Centralized Token Distribution Solana has the reputation of being centralized. This reputation likely stems from the high token allocation to VCs and insiders when the chain first launched. Comparatively, Ethereum had over three times fewer coins distributed to[Read more…]
Category Archives: Solana Projects
28
Jul
Jul
Tiny Colony’s Minimum Viable Product (MVP) starts with a tutorial to get you familiar with the game. A Test Build Select members of the community of Tiny Colony, a PlayAndEarn construction and resource management game built on Solana, got access to the Minimum Viable Product (MVP) of the game. The team is at the latter part of[Read more…]
28
Jul
Jul
Friktion remains one of Solana’s most significant options protocols, reaching $2 billion in traded volume this quarter. Earnings Season Friktion, a DeFi portfolio manager on Solana, had a solid second quarter. Here is a summary of Messari’s critical insights from Q2: The protocol launched two new Volt strategies in Q2 (Volt #03 and #04) and just announced the launch of Volt #05. [Read more…]
27
Jul
Jul
Metacrafters uses a Learn-To-Earn model to develop and onboard future developers and artists in Web3. Learn-To-Earn Metacrafters provides a gamified learning platform to create a network of learners interested in building in the Web3 space. The platform’s goal is to introduce, onboard, and produce 1,000,000 developers in Web3 to meet a growing demand within the industry.[Read more…]
22
Jul
Jul
More than 12,000 people have signed up for fantasy football, with other sports on tap, including soccer and basketball. Secure Funds, Instant Payouts, Zero Fees Phantasia Sports offers a season-long fantasy football platform that users can join for free or sign up for an amount of their choice. “Phantasia is the first of its kind platform[Read more…]
14
Jul
Jul
STEPN combines Social-Fi and Game-Fi elements in a Web3 lifestyle application, where you can earn the in-game tokens by walking, jogging or running outdoors. Leading the Move-to-Earn Sector The GameFi sector is poised to lead the next wave of crypto adoption, and in addition to the play-to-earn model, there is also the move-to-earn (M2E) model. STEPN, one of the[Read more…]
08
Jul
Jul
Jupiter celebrates DeFi and NFT projects on Solana with weekly prizes. Weekly Prizes, Starting with $GMT Jupiter Aggregator, the primary liquidity aggregator and swap infrastructure for Solana ($SOL), has launched a trading competition and weekly giveaway for projects on the blockchain. Hubble Protocol will also award weekly prizes for trades on $USDH pairs with each featured token[Read more…]
02
Jul
Jul
One of Solana’s biggest decentralized lenders, Solend, evaded a margin call of $107 million last week. The Defi community has stepped in to prevent what may have resulted in Solana’s decline in price. Seeking the Whale While traditional finance looks at Decentralized Finance (DeFi) with some skepticism, its open nature just avoided a multimillion-dollar liquidation. Solend, Solana’s[Read more…]
01
Jul
Jul
To encourage the mass adoption of cryptocurrency and stimulate the use of cryptocurrency for everyday payments, JustMoney has released a cryptocurrency payment gateway, which has four options to make it easier for businesses and individuals to accept payments with cryptocurrencies: Checkout for e-commerce platforms – online vendors may extend their e-commerce platform (Woocommerce, Shopify, Magento)[Read more…]
29
Jun
Jun
Chainlink Price up by 5% Robinhood took to its Twitter to announce the listing. In the meantime, Chainlink’s price jumped by around 5%. LINK price is trading at $7.01, at the press time. Token’s 24 hour trading volume has surged by around 50% to stand at $605 million. Chainlink is the 22nd largest cryptocurrency with[Read more…]
