The Binance Smart Chain NFT ecosystem covers five major areas: trading markets, games, collectibles, music, and cross-chain.
Original title: “Experience 37 Binance Smart Chain Ecological NFTs again, I just want to say it is really fragrant”
Written by: Huang Xuejiao
From Uniswap a pair of socks for $160,000, Twitter founders sold for $2.5 million for five words, to encryption artist Beeple’s NFT works for nearly 70 million U.S. dollars. Now, even Musk has begun to “bring goods” NFT.
Over the past few months, NFT has been breaking boundaries and becoming one of the most talked-about topics.
Maybe it’s flying too fast, and many people can’t help asking themselves, is this its true value supporting or is it already full of bubbles?
Odaily Planet Daily has also been tracking and observing the NFT track for a long time. We believe that at present, NFT has become a gameplay that many projects have rushed to introduce after liquid mining. More and more conventional DeFi projects have enhanced their playability through NFTization, which may not be as good as liquid mining. It is just needed, but it is indeed almost reaching the level of “one NFT per person” for the project, which reflects the higher acceptance of this gameplay by the entire market. Even so, more users do not directly hold NFTs, which also shows from the side that the market has not yet reached the white-hot stage.
Secondly, we still look at the fundamentals. The combination of many unique assets off-chain and well-known IPs and NFTs is logical. Both the Twitter NFT and the music NFT are attracting attention as the first cases, but there is still a long way to go to achieve real scale and popularization.
Therefore, the tokenization and financialization of NFT+ Everything has just begun, and the corresponding construction and the addition of new gameplay will continue to burst. This industry is far from the era of full prosperity.
In the face of the general trend, perhaps only trying it is the best choice. So what should we do? There are many methods and tutorials. Today, we focus on opportunities in new areas.
NFT started in Ethereum, and brought unprecedented stress tests to the entire network when it first broke out. Because of the limited performance of the underlying chain, the poor experience, including the early batch of chain games, also gave opportunities for latecomers.
In 2018, EOS and other old star public chains were once known for the development of “spinach”, but they were finally washed away by the tide of DeFi and gradually faded out.
In 2021, where are the new opportunities?
We have seen at least two: One is NFT and the exclusive public chain Flow for chain games, which will bring us a fully customized bottom layer and interaction, but it is still in the early stage of ecological development, and the infrastructure has yet to be completed. We will Stay tuned; the other is the new generation of public chains represented by Binance Smart Chain, which has been popular among developers recently. Because of its better compatibility, high efficiency and low cost, and top-tier support such as Binance, it has attracted For very competitive players, many well-known game studios and digital entertainment big IPs have announced their entry into the Binance Smart Chain. For example, Antler Interactive, the development team behind the recent hot My Neighbor Alice, holds world-renowned athletes and clubs. Animoca Brands and Chiliz, which issue copyrights, and Realy, a trendy play brand that cooperates with IP such as Star Wars, Adidas, Nike, and so on.
In order to help everyone find opportunities in a new ecosystem like Binance Smart Chain, Odaily Planet Daily vomits blood to sort out the most comprehensive NFT ecological map on Binance Smart Chain, covering everything from entry to creation, auction, trading platform, and then to chain games. , Music, fashion products, collections, a total of 37 items. After sorting out, it is found that the NFT on the Binance Smart Chain is not simply copying the ether, but a systematic, relatively complete and a series of very competitive NFT products; in addition, compared with other ecosystems, ordinary users and artists participate The threshold is lower.
Below, we will give an in-depth introduction to 11 representative projects in the five major areas of the trading market, games, collectibles, music, and cross-chain.
Trading market: Bounce, Bakery, Dego
Bounce
Bounce (BOT) is a decentralized auction platform that supports multiple chains. Ethereum and Binance Smart Chain are currently online. The main functions include the first issuance of tokens, NFT transactions and OTC transactions, like the familiar decentralized asset bridge BoringDAO (BOR), hashrate coin BTCST and NFT game My Neighbor Alice have all been auctioned on it. Up to now, the transaction volume of ETH participating in the auction has reached 259 ETH (currently valued at US$466,000), and the transaction volume of BNB bidding has not been counted on the website.
In addition to the adoption of some projects, Bounce.finance also has the support of some well-known crypto practitioners. For example, its list of governance participants (also currency holders) includes Calvin Liu, chief strategy officer of Compound, Stani Kulechov, founder of Aave, and founder of Synthetix Kain Warwick, Nikita Ovchinnik of 1inch and others.
According to Bounce’s official blog, the platform supports artists and investors to auction/bid NFTs here, and supports artists to create personalized stores and receive users’ private customization. The platform will levy a 1.5% transaction fee for all trading businesses and promise to use this part of the revenue to repurchase and destroy Bounce’s BOT.
Bounce NFT Point-2-Point section
Compared with the ordinary NFT trading platform, Bounce is very powerful. It not only supports simple transactions, but also supports powerful functions such as auctions and P2P customized markets. It also creatively supports audio and video NFTs to meet the diverse needs of users.
Users who want to participate in NFT auctions need to pay attention to Bounce official updates and find the entrance in Bounce Auction House.
Bakery
Bakery (BAKE) is the first batch of projects to be launched on Binance Smart Chain. It has won the first phase of “Binance Smart Chain Ecological Acceleration Fund of USD 100 Million” and “Binance USD 10 Million Liquidity Support”.
Bakery’s two main businesses are Swap and NFT Supermarket, and it also supports many NFT+DeFi gameplay, such as pledged NFT to mine tokens, and pledged tokens to mine NFT.
NFT Supermarket is currently upgraded to the V2 version, which supports more functions, such as voting for your favorite NFT.
Currently, the platform mainly has three categories of NFTs in the form of PNG/JPG/GIF in 9 series:
1. Digital artwork: Including Binance Smart Chain Artist Series (allowing users to cast NFTs by themselves), Seascape (described below), Binance NFT (Binance themed NFT) and BTC themed NFT.
2. The Meme contest that is co-branded with other projects: 1inch & BAKE, BAKE & Banana, and a pair of fairy CPs-Musk & Doge’s Meme.
Come and feel the magic of the fairy CP
3. NFT of other games: Including Bakery Combos which was launched by Bakery some time ago (supporting users to mortgage BAKE generation, which is similar to adding staking income. Now you can sell this “feature package” to others), Battle Pets (cats Incubation, development and economic NFT chain games), Weapons and Pet Eggs.
As mentioned above, the Binance Smart Chain Artist Series is a section that allows users to mint NFT by themselves. Therefore, if you are an artist, you can cast your original pictures/moving pictures into NFT and sell them.
It only takes three steps:
1. Fill in the work introduction, including the work name, artist’s name, personal social page and work introduction.
2. Upload works. The format supports PNG/JPG/GIF, the recommended ratio is 3:4, and the size should be less than 10M.
Third, check the statement to indicate that the uploaded work is original, otherwise it can be deleted at any time once found.
Finally, connect to the wallet and pay 0.03BNB (approximately US$7.5) to declare the production completed. The platform also warns against uploading sensitive/prohibited content.
Bakery NFT supermarket currently has 40,663 NFT artworks that have been minted, with approximately 140,000 transactions and a transaction volume of 27 million US dollars. It is reported that BakerySwap will launch the music NFT section in the near future, and will invite music creators to cast and auction music and videos.
Dego
Dego (DEGO) is an NFT+DeFi platform that was launched at the same time as Rarible. The latter completed a cold start through liquid mining. Dego’s gameplay is more “social”, and it has also added a community fission and airdrop blind box model that has received a lot of attention.
So far, Dego has begun to shift from an application product to an application platform.
As mentioned in its official blog, the platform has two major functions. One is that creators/users can get a full set of NFT services here, including NFT issuance, auctions and transactions. The second major function is that Dego Finance is building a universal NFT protocol and cross-chain as a second-tier infrastructure for developers/creators and users on Binance Smart Chain, Ethereum and Polkadot. service.
Let’s talk about its gameplay first. Unlike many NFT platforms that dig some nice NFT representations (such as cats in crypto cats), the representations on Dego are mining hammers of different levels, which look almost the same. Not for viewing, but to increase mining efficiency. It is a “cold financial game”.
80% of the tokens on the platform are used for mining rewards. During the pool opening period, users can deposit tokens accepted by the platform into the mining pool to earn rewards. Different grades of GEGO can add mining efficiency.
The picture below shows the selling prices of different grades of GEGO.
In addition to buying directly on the market, users can also pledge DEGO to cast GEGO. In addition to its own DeFi gameplay, Dego also has other NFT platform functions, such as NFT transactions, auctions, and viewing the NFT transaction rankings on the platform.
Currently, 12 other NFT platform tokens have been launched on DEGO, including PancakeSwap, Seascape, etc.
The platform also has a setting called the System Tax dividend system, which provides continuous incentives for currency holders, which is quite special.
Every time a user trades DEGO, the platform will charge 2% as a handling fee, of which 1% will be directly destroyed, and the remaining 1% will be transferred to the dividend pool (80% will be allocated to the user; 20% will be allocated to the team).
In addition, when users bid for DEGO, the platform will get 10% of the spread income, 80% of which will be used as the auction system income, and 95% of the auction system’s total income will be injected into the dividend pool.
If we say that before, DEGO is a product that is good at playing the token economy. By the first quarter of this year, it has already begun its journey to become the underlying platform.
According to the roadmap, by Q2 2021, DEGO is expected to achieve a series of important milestones such as NFT loans, launching the DEGOCHAIN ​​testnet, conducting cross-chain development, and testing Dwitch (swap) functions.
Games: Animoca, Seascape, Cocos, Alice
In addition to the Dapper Labs team that developed CryptoKitties, NBA TOP Shot, and Flow public chain, the game studio Animoca Brands may be the second hidden predator in the chain travel circle.
Let’s first look at its record. Its products include TheSandbox, Crazy Kings, and Crazy Defense Heroe, F1DeltaTime and MotoGP. Two tokens have been issued, SAND and REVV. There will also be an LMT cooperating with Binance Smart Chain to be released soon.
According to the announcement, on March 11, Lympo, a subsidiary of Animoca Brands, which owns the intellectual property rights of world-renowned athletes and clubs, announced that it will launch the token LMT and related NFTs on the Binance Smart Chain.
LYM was released on Ethereum in 2018. The move to Binance Smart Chain this time focuses on the platform’s good trading experience and a relatively complete ecosystem.
It is understood that the Lympo NFT ecosystem will be carried out in two phases.
First of all, in the digital collection stage, the platform will issue various NFTs around world-renowned athletes, clubs, influencers, and enthusiasts, ranging from more common cards to ultra-rare cards.
Next is content development. At that time, the platform will launch LMT as the main functional token and game currency to achieve “combination of play and earn”. Players will be able to use their collection cards to create and upgrade their sports hero characters, then form a team, play against other players and win the game, and get rewards of real value.
According to the official announcement, new LMT tokens will be issued on March 19. The only way to obtain LMT tokens is to use the existing LYM tokens for exchange. The specific exchange rate will be announced soon. At that time, its holders will have the opportunity to obtain NFTs in various equity pools. More detailed information about the ecosystem and the LMT token will be provided in an upcoming white paper.
Seascape
The Seascape (CWS) team has been deeply involved in the blockchain game track for many years, and the core members are all from top traditional game development companies at home and abroad.
In 2019, the team launched version 1.0 of the large-scale war strategy chain game “BLOCKLORDS”. In February of this year, Seascape released the first game “Profit Circus” on Ethereum and Binance Smart Chain simultaneously, and it went online less than a month. , The number of players exceeds 10,000, the number of transactions exceeds 50,000, the total lock-up value (TVL) in the game exceeds 10 million U.S. dollars, and the number of minted NFTs exceeds 15,000.
Seascape is committed to combining NFT and DeFi gameplay to continue to bring exquisite products to players, but also to serve game developers, provide SDK kit support, help development and subsequent game release and market promotion. Currently, the team has developed a number of games on its own, and has launched the common token CWS on the platform.
According to Seascape COO Nicky Li, the team will also release a variety of DeFi games in the short term, including Yield Farming mini games, NFT lottery, mining and development games, etc., to help users “play while earning” on Seascape easily and fun. . In the future, the platform will launch products at the rate of a new game every month. Some are self-developed by Seascape Studio, such as BLOCKLORDS 3D, and more are jointly developed and distributed by traditional game developers, including VR, open-world action, and simulation business games.
The NFT in the old game can also be “reused” in the new game. As the only universal token in the platform, CWS will also form a stronger economic cycle.
The officially listed investors include 8 industry institutions including Binance.
Cocos-BCX
Cocos-BCX (COCOS) is a chain game veteran who has experienced a round of bulls and bears. Although it has been controversial due to the volatility of the token plummet, deflation, etc., it does not prevent it from relying on industry accumulation. In this NFT and chain games, The popular era has re-emerged.
Recently, a person familiar with the matter said that Cocos-BCX may launch NFT concept games on Layer 2 and Binance Smart Chain.
According to public information, some of the members of the Cocos-BCX team came from the Cocos engine, one of the world’s three largest game engines, which is also the origin of its token name. Previously, it had received investment from institutions including 500 Startups, NGC, Binance Labs, etc.
In the past two years, Cocos-BCX initiated and maintained a non-homogeneous digital asset standard BCX-NHAS-1808 and a blacksmith shop (supporting NFT casting, decomposition, etc.), and has issued more than 1.2 million NFT tickets for events such as ChinaJoy Plus.
It is understood that Cocos-BCX, which is logged into Binance Smart Chain, will launch a new NFT+DeFi+ new gameplay method at the end of March, which will help multi-domain assets flow and interoperate through blind boxes, mining, and airdrops.
My Neighbor Alice
Before landing on the secondary market to “surpass” everyone, My Neighbor Alice (ALICE) has shown very good fundamentals.
It has an excellent game studio background. Based on the team’s experience in researching new technologies and releasing many successful games, My Neighbor Alice has the same expectant experience as many excellent games.
Judging from the concept video of the game, My Neighbor Alice’s game setting is that animals and humans coexist peacefully in a place located in the Lummelunda Islands. After logging in, players can get a piece of land and become Alice’s neighbor. Then, they can get rewards by completing daily leisure activities (such as fishing, insect catching and beekeeping, etc.), and then freely design and decorate this land (decorative elements include vegetation, buildings, etc.) , Furniture, livestock, etc.). You can also communicate and meet friends directly on the island and in the world chat room.
The player who is building a fence
On the whole, My Neighbor Alice can compete with Dongsen in terms of game settings, style and sound effects.
On this basis, My Neighbor Alice has added asset tokenization gameplay, including issuing platform general token ALICE, issuing limited edition props NFT, and deriving DeFi lock-up, pledge mining and other gameplay methods.
Compared with ordinary games, players can convert their creations into revenue, “and your creations can live forever under the hands of others.” I think this may be the noblest kind of “humanitarian” for many game fans.
My Neighbor Alice has launched a trial version of the game on Steam (similar to the concept of a testnet in the blockchain, the game data will be cleared when it is officially launched), and it will be officially launched in the middle of this year, and the blockchain version is also Binance Smart Chain will be launched.
At present, My Neighbor Alice has begun to sell some NFTs, and its token ALICE has also been listed on the Binance Exchange.
Collection: Realy
Realy
Realy is a platform that focuses on consumer life and is very close to us. Its slogan is “REALY Recognize Real”, which is positioned as a global trend item identification and trading platform.
The role of NFT in it is to record historical information, realize the synchronization of information from production to circulation on the chain, and realize more efficient transactions, just like you may just buy cotton futures to make a spread and not really want to get it. The emergence of physical objects and tokenization will allow goods to remain in the warehouse of the platform, but the NFT of goods has changed hands several times.
In terms of specific operation methods, Realy has cooperated with the SITH STORE capsule series of “Star Wars”, Adidas, Nike Limited Edition, CLOT, Jordan and other brands in the first phase, and cooperated with the brand at the beginning of the product launch to generate a specific product for each product. The NFC chip is hung on the trendy product, and the chip contains the encrypted information of the blockchain. Once it is torn (use or replace the product), it will be declared invalid.
After the user purchases the product, he can check whether it is genuine or not in a specific way; if he does not want to use the product, he can transfer and sell the NFT on the REALY APP. If the user who buys the NFT does not want to exchange it, he can put it in the REAL escrow warehouse for safekeeping.
Realy Casting NFT product page
Currently, the categories covered on Realy include sneakers, fashion brands, fashion games, art, etc.
Music: Rocki
Rocki
From Dogecoin to Bitcoin to NFT, Tesla CEO Elon Musk has experienced interesting things in the currency circle.
However, this first NFT work that impressed Musk was not a digital painting or a certain IP collection that everyone often sees, but a NFT of a song.
Indeed, music is a carrier that everyone needs and can understand. If the +NFT gameplay is suitable, it is fully expected to replicate the road to NBA TOP Shot explosion.
There is such a music + NFT platform on Binance Smart Chain, Rocki (ROCKI). Let’s take a look at how it is done?
Rocki previously issued two types of NFTs based on Ethereum, and recently announced that it will migrate to the Binance Smart Chain. The two NFTs and their functions are:
ERC721 NFT: The anchor is the music ownership and music royalty income of the distributor (artist), which can be traded. For artists, the release of the NFT can directly bring them a certain amount of upfront income, and fans can also become investors in the song. As the song is widely praised, the funds invested by investors will begin to pay off.
ERC1155 type NFT: This type of NFT can be understood as a batch trading version of ERC721. This type of NFT on Rocki anchors exclusive or limited-release songs. For example, if a song is released with 100 NFTs, then there are only 100 people at most Can buy and listen to it, like a limited-release record. Of course, this NFT can also be traded.
In November last year, Guy J, an artist from Malta on the ROCKI platform, released an exclusive song “COTTON EYES” on ROCKI. This song signed an ERC721 contract to bounce 50% of the future royalties. The .finance auction was finally sold at 40 Ethereum.
Jeren took the NFT of the song and enjoyed 50% of the copyright income of the song
Currently the platform has issued token ROCKI.
Cross-chain: pNetwork, Arkane Network
pNetwork
pNetwork (PNT) is a cross-chain project. In January of this year, it announced a cooperation with Binance Smart Chain and released the BSC-Ethereum cross-chain bridge to support the transfer of assets between the two chains. In addition to normal tokens, pNetwork also includes the transfer of NFT tokens. Can provide support.
As of March this year, pNetwork has released 28 bridges connecting 7 different blockchain protocols, including the interoperability of mainstream chains such as Bitcoin, Ethereum, Dogecoin, EOS and Litecoin.
After the launch of pTokens’ cross-chain solution, the team plans to upgrade the network, introduce verification nodes to achieve complete decentralization, and establish a public pNetwork without permission. At the same time, there will be pNetwork DAO and governance token PNT.
Arkane Network
Arkane Network is positioned as a SaaS platform that can support game tokenization, support multi-chain, NFT token creation, transaction and wallet construction.
Currently, the Beta version of the NFT market Arkane Market has been released on the second layer of the Ethereum Matic network, and it has supported 20 DApps such as OpenSea and The Sandbox, including various products such as chain games and prediction markets.
Taking its cooperation with 0xGames as an example, Arkane can provide 0xGames with the following services: Allow 0xGames players to start games without downloading any additional software, such as wallets, DApps, and support various terminals (PC, mobile, host) And use social logins such as Google, Twitter and Facebook, and support the exchange of legal currency and cryptocurrency.
For Binance Smart Chain, through investment and integration of Arkane, it is convenient to call Arkane’s SDK and Dev tools to improve its own NFT market infrastructure.
Interestingly, in order to celebrate the cooperation between the two, Arkane also released a special Christmas food at Christmas-the NFT of the Gingerbread Man. As a result, 3,800 applications for casting were obtained within a week. It is said that the activity on the Binance smart chain surprised Arkane.
Write at the end
After reading so much, let’s summarize the commonalities of these NFT projects: Compared with the previous generation of Ethereum-style chain games, the playability has been greatly improved; after the +DeFi gameplay, the financial attributes are stronger; and it is generalized to the fields of fashion, music, etc. And with the addition of big IP, it will be able to bring greater leverage and an experience worth looking forward to.
As a cutting-edge NFT ecosystem, Binance Smart Chain is also worth learning from doing some things right.
It is a high-performance platform compatible with Ethereum, similar to Ethereum’s Layer 2. Compared with a brand new chain, Binance Smart Chain has certain inherent advantages in positioning, and the platform can complete the construction of multiple cross-chain bridges and asset migration in the shortest time, so that Ethereum players can quickly Seamless migration is achieved by an ambitious public chain through acquired efforts. The third very important convenience is Binance’s support for projects from users, funds and ecology, which is enough to attract many new projects later.
Seascape COO Nicky Li once personally stated that the same game, less than a week after it was launched on the Binance Smart Chain, had more than 6,000 players, more than 15,000 transactions, and a total in-game lock-up value (TVL) of more than 300 Ten thousand U.S. dollars, as many as 6000 NFTs were minted. In contrast, the Ethereum version reached the same lock-up scale, which took about two weeks, and no more than 500 NFTs were minted in the game.
As an independent and strong ecological climate, Binance Smart Chain is calling for more creative developers to continue to fill the puzzle of the empire.
The same is true not only for developers in various fields, but also for various types of artists. In the post-epidemic era, people have become more and more online from spiritual life to real life, and the virtual world on the cloud like “Player One” is no longer far away. Digital works, copyrights, and trading parties are still uncomfortable. We should like cool guy Musk, pay attention to NFT, embrace changes, and make some changes in form to meet the new revolution in digital life and aesthetics in the post-epidemic era.
