Full scan of 14 major application scenarios such as trading platform and Metaverse

At this time last year, PANews published a panoramic analysis of the NFT ecology, and took stock of the projects that dominated the market and had growth potential at that time. After a lapse of one year, qualitative changes have taken place in NFT transaction volume, user scale, and ecological applications. To this end, this article will be updated on the basis of "Panoramic Interpretation of the NFT Ecosystem, These Key Projects Should Not Be Missed", and let's take a look at the representative head projects in each NFT subdivision track?

Ethereum

infrastructure


Ethereum Ronin: Ronin is an Ethereum sidechain explicitly designed for the popular chain game Axie Infinity, and it is also an important infrastructure support for the game. Roni uses a PoA consensus model where blocks need to be approved by two-thirds of the validators who are responsible for writing and validating blocks, updating price oracles, and handling assets (ETH, ERC20 and ERC721) deposit and transfer process, etc. Currently, validators on the Ronin network include Ubisoft, Binance, Animoca Brands, Nonfungible, and Sparq, among others.

According to data from Defi Llama and Cryptoslam, as of March 10, Ronin’s total lock-up volume exceeded US$620 million, and total sales reached US$4.02 billion.

Immutable X: Immutable X is the first Ethereum Layer 2 platform that provides zero gas fees, instant transactions and scalability for games, applications, market transactions, and NFTs. Based on the ZK Rollup technology developed in cooperation with StarkWare, its core component is ZK -Rollup extension engine, Link and API. Not long ago, Immutable X partnered with GameStop to launch a $100 million joint fund to invest in NFT game projects. On March 7, Immutable X completed a $200 million financing led by Temasek at a valuation of $2.5 billion. Other institutions include Mirae Asset, ParaFi Capital, Declaration Partners, and Tencent Holdings.

Flow: Flow is the first blockchain network built by Dapper Labs to focus on consumer applications. The team has launched star projects such as Cryptokitties, NBATop Shot and ERC-721 protocol. Compared with other public chains, Flow has successfully attracted a large number of mainstream world users through cooperation with well-known IPs such as NFL, UFC, Warner Music, NBA and Ubisoft. For example, not long ago, the International Olympic Committee officially authorized the Bingdun Dun digital blind box to be sold on the nWayPlay on the Flow chain trading market. At the same time, the blessings of investment institutions such as a16z, Coinbase Ventures, Google Ventures, DCG, Reddit and Animoca Brands also allow Flow to maintain a strong market development force.

Today, 247 projects have been built on the Flow chain, covering collections, art, games, DeFi, metaverse, sports, wallets, and DAOs. Among them, the sales of NBA Top Shot exceeded 1 billion US dollars, and the transaction volume of other projects was much less.