BSCs Most Valuable Builder III has revealed its monthly stars as $1.5million is distributed in BUIDL rewards.
Stars Align for BSCs MVB III
An array of projects on Binance’s Most Valuable Builder (MVB) III have distinguished themselves, exemplifying their ability to remain relevant and effective and follow in the footsteps of previous winners.
This August, 17 projects were highlighted in a Binance announcement as deserving of significant recognition for their ‘innovation, activity, user base and performance.’
Each month we’ll announce up to 20 Monthly Stars, reaching a maximum of up to 60 Monthly Stars in the MVBIII. At the end of the MVBIII, we will announce the final top 10 winning projects picked from the Monthly Stars. Please note that only projects that won Monthly Star are eligible to reach the final top 10 of MVBIII – the announcement from Binance continued.
There is no doubt that the MVB initiative has had a huge impact upon Binance Smart Chain becoming the most-used blockchain globally.
Who are the Winners?
The following projects have been earmarked for their outstanding contribution and progress. The short descriptions are afforded to them by the team at Binance:
Projects working toward constructing and innovating in the decentralized finance (DeFi) sphere:
BabySwap – BabySwap is AMM+NFT decentralized exchange for newborn projects on Binance Smart Chain, providing a more friendly trading experience and better project support.
Deri – Deri brings the DeFi way of trading derivatives by providing access to everlasting options and perpetual futures in a decentralized environment.
Impossible Finance – Impossible Finance is a multi-chain incubator, launchpad, and swap platform which offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences.
PowerPool – PowerPool is a DAO manager of non-custodial structured investments offering a family of thematic pooled investment tokens with hedging options for retail clients.
Qubit – Qubit is a decentralized lending and borrowing platform developed by the team behind PancakeBunny.
Tranchess – Tranchess is a yield-enhancing asset tracker with varied risk-return solutions, which is inspired by tranche funds.
Projects working toward the construction of prospective blockchain games and bringing together the worlds of DeFi and gaming:
BinaryX – BinaryX team is building a Play to Earn metaverse game CyberDragon that combines the elements of Gaming, NFTs, and DeFi within its gameplay, marketplace, and auction.
Dragonary – Dragonary is a Free-to-Play game built on BSC that allows players to train, gear up, and mount their dragons in battles in the PVP arena.
Moonpot – This win-win savings game rewards everyone who takes part in its savings products where you can win attractive rewards.
Plant vs Undead – Plants vs Undead is a multiplayer tower defense game where your in-game items represent real assets in NFTs.
Infrastructure, wallets, and tooling
These projects have been touted for making interactions with BSC seamless, quicker, and indeed more effective. This section sees the inclusion of particularly impressive APIs, tooling, wallets, and more.
Venly – Previously known as Arkane Network, Venly offers Wallet & NFT products that seamlessly integrate with blockchain projects.
Biconomy – Biconomy is a next-gen multichain relayer protocol building Plug & Play APIs to simplify the web3 experience.
Hot Cross – Hot Cross aims to be a toolbox for EVM networks by building a multi-chain tool suite created for both blockchain teams and their communities
Suterusu – Suterusu and their product Suter Shield provide a trustless and universal layer-2 solution to protect your transaction privacy.
Torus – Torus with its wallet product make digital ownership and identity human-centric and accessible to everyone
A particularly competitive category that has seen innovation from all quarters in recent months, these are platforms and products that focus on NFT and Metaverse:
Dvision Network – The new reality on the blockchain. Dvision Network brings you a metaverse experience where you can create, trade, and play.
Project Galaxy – Project Galaxy is building a permissionless infrastructure that powers on-chain credentials with plug-and-play NFT modules.
MVB III in Numbers
Over 150 first-time participants have been registered throughout the six categories. Nearly 200 projects that have taken part in previous iterations of MVB are back again. Each participating project contributed to an average growth of around 70% across several metrics. And the final, staggering number is that of 3,656 BNB program rewards issued in August, which equates to around $1.5 million.
The progress has been astounding all-round, not just regarding specific projects but also the impact they have had on Binance Smart Chain as a whole. We look forward to seeing the bright future of these projects.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.