Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Topic started by: bmw1 on June 26, 2021, 08:37:41 PM
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When we look at its history, on April 21 the value went up to $603 surrounding the interest in the Launchpad projects. This is the same time that the Launchpad project “FC Barcelona Fan Token” ended, where over 5 million BNB were committed with over 62 thousand participants.
Binance released Bridge V3 on April 25. The bridge is a project that aims to increase interoperability between different blockchains. It takes things one step further in broadening the Binance Bridge’s influence outside of the Binance Smart Chain and opens up a whole new cross-chain DeFi ecosystem for the entirety of the community.
However, alongside those projects, you have the Binance Launchpool, which lets BNB users use their tokens to farm new ones for free. There have been 18 projects thus far, with ATA, a decentralized service protocol that provides a privacy middleware layer for dApps being the latest one of them, with 27 more days left to farm it.
The previous project, TLM, a simulated economy where players compete with NFTs, ended on May 7.
Heading into the back half of 2020, the recent Launchpad projects should help lift BNB because it incentivizes BNB holders to fund the development of crypto start-ups, which will over time generate a lot more use-cases for the Binance exchange and attract new users, lifting the overall value even higher.