BNB Chain focuses on the Bitcoin ecosystem, showcasing four potential "new shovel" projects
Currently, potential projects worth paying attention to in the BNB chain ecosystem.Author: Rhythm BlockBeats
Last night, Binance announced the launch of a new coin mining project, Sleepless AI (AI), with BNB briefly breaking through $300 and a 24-hour increase of 11.98%. Meanwhile, a number of projects in the BNB Chain ecosystem also experienced a broad market rally.
A few days ago, rumors circulated in the community that Binance's Web3 wallet would integrate with the inscription market, leading to a rebound in inscription prices. Currently, there is still no definitive news from the official sources, but market performance suggests that BNB Chain's efforts in the Bitcoin ecosystem are a trend worth noting.
At present, the entire Bitcoin sector is still in a period of new project explosion, and providing early project discovery for crypto users is one of the quickest ways to gain market increment. BakerySwap serves as a stepping stone for BNB Chain to explore the Bitcoin ecosystem, but facing such a highly focused Bitcoin ecosystem with an endless stream of new projects and protocols, BNB Chain will clearly not stop here, and Binance will not stop here either. BlockBeats has compiled other potential projects in the current BNB Chain ecosystem worth paying attention to, for readers' reference.
Dego Finance (DEGO)
On December 25, NFT + DeFi aggregator Dego Finance announced the completion of its BRC20 Launchpad BETA version testing. Following the announcement, its native token DEGO price broke through $4.2, with a 24-hour increase of 64.1%.
Yesterday, Dego Finance also launched the DEGO staking program, stating that the Launchpad rules will be released within the next 7 days.
DEGO staking days and early withdrawal rate correspondence table; Source: Dego Finance official documentation
LeverFi (LEVER)
On December 27, the decentralized leverage trading platform LeverFi announced the launch of its BRC20 Launchpad platform, LeverPro. Following the announcement, LeverFi's native token LEVER price surged to $0.0025, with a 24-hour increase of over 50%.
According to the official documentation, LeverPro plans to launch three projects in the near future, focusing on collateralized stablecoins, BRC20 asset lending, and AMM swap and liquidity mining protocol.
LeverFi's 2024 roadmap also mentions its commitment to advancing the BTC and BRC20 ecosystems, including the launch of the LVR token for trading as a BRC20 token and DeFi development (lending and AMM) within the BTC ecosystem.
Bitcoin Cats (1CAT)
The Bitcoin chain game project Bitcoin Cats is the first Launchpad project of BakerySwap. After this, every new launch project from BakerySwap can participate using BAKE and 1Cat, continuously empowering the value of Bitcoin Cats. As the third Launchpad project approaches, the price of 1CAT has surged again, with a 24-hour increase of 80.96%.
Related article: “IDO oversubscribed by $100 million, why is the Bitcoin chain game Bitcoin Cats so popular?”
On December 25, Bitcoin Cats announced the launch of the "1CAT Gold Shovel Plan," where participants can earn tokens from ecosystem partners by staking 1CAT tokens. The first cooperative project of this plan is BitLand. Users can stake 1CAT tokens on the official website to mine BLLB tokens. This activity will start this weekend and last for two months, with a total reward of 500 million BLLB, accounting for 5% of its total supply.
According to the official introduction, 1CAT is not only the main asset in the Bitcoin Cats game but will also serve as a "gold shovel" leading to a broader ecosystem, further integrating into the game mechanics of Bitcoin Cats to provide users with diversified rewards.
NFP rompt (NFP)
On December 20, Binance launched the 41st new coin mining project, NFP rompt (NFP). NFP rompt is an AI-driven user-generated content (UGC) platform for Web3 creators and is one of the incubation projects from Binance Labs' sixth season in June this year.
Yesterday, NFPrompt announced the launch of an AIGC inscription platform and trading market on the BNB Chain. By building infrastructure connecting AIGC and inscriptions, NFPrompt will become the first platform where users can easily mint and trade special inscriptions. NFPrompt will also provide a marketplace to facilitate the exchange of these inscriptions while maintaining fairness in distribution and trade.
Related article: “What are the features of Binance's latest Launchpool project NFPrompt?”
