Trending Dapps – Spotlight on Fantom, Top 6 Play-to-Earn Games & NFT Marketplaces on Tezos

Trending Dapps | Week #5 | 2022

Your weekly update to discover new dapps in a variety of categories, including DeFi yield farms on Fantom, NFT marketplaces on Tezos, and the top six play-to-earn games across all blockchains.

The blockchain is full of dapps that are under constant development. At DappRadar we track thousands of them across more than 20 different blockchains. Every week DappRadar dives into the ecosystem to uncover the dapps that are trending, upcoming, and interesting to discover. No matter whether it’s DeFi on Ethereum, an NFT collection on Wax, or yield farming on Binance Smart Chain, we got you covered.

DeFi & Yield Farming on Fantom

This week we shine a spotlight on the DeFi centric, recently integrated Fantom Network. With almost $9 billion in total value locked (TVL) the network accounts for around 5% of the total TVL in DeFi today. As such, it’s important to look at the most significant dapps in its ecosystem, reveal what they do, and if they display positive growth signals.

Play-to-Earn Games

Games are fun, but blockchain-powered games add a whole new economical layer to the experience. Suddenly you can play a game and make money from it. Not all games have the same type of financial incentives, but every blockchain asset gains value when a community grows. Here are the top six play-to-earn games this week.

NFT Marketplaces on Tezos

CryptoPunks and Bored Ape Yacht Club have become some of the most sought-after NFT collections out there. While these live on Ethereum, many other projects serve as great collectibles on different blockchains. Here we highlight three NFT marketplaces on the so-called environmentally friendly Tezos network that are interesting to explore with NFT drops on the horizon.

Did you know you can buy and sell NFTs on DappRadar? Just log in and start using our Portfolio Tracker!

Top NFT Shards

Given that NFTs are selling for notable amounts of money the idea of fractionalization is popping up, giving smaller investors a chance to get involved. The technical process of fractionalization, or sharding as it is also known, is quite simple. Take an NFT, lock it into a vault, and receive tokens in return. These tokens then represent ownership over the NFT that has been locked away, and their value increase or decrease means value fluctuations for the NFT asset. Investors can then buy these tokens and own a shard of the NFT. To learn more check out our complete guide to fractionalized NFTs.

The above does not constitute investment advice. The information given here is purely for informational purposes only. Please exercise due diligence and do your research. The writer holds positions in ETH, BTC, NIOX, AGIX, MATIC, MANA, SAFEMOON, SDAO, CAKE, HEX, LINK, GRT, CRO, OMI, GO, SHIBA INU, AND OCEAN.

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