Coin #1 (Interoperable L1) .
first cryptocurrency doing big things in the l1 space is number 20 on coin market cap yet number one in many interoperability fans hearts coin, of course,
cosmos the internet of blockchains with the ticker atom the cosmos ecosystem is gaining steam and it is unique among l1 alternatives to eth it's architected as a constellation of l-ones that are natively interoperable this means horizontal scaling where each dap creates its own capacity and it means assets can move between chains I've been a fan of cosmos for several years ERIC Voorhees writes primarily because of two things smart developers I know love it when they try it and bit doesn't make the decentralization sacrifices that other proof-of-stake l1s make it's highly decentralized and decentralizing and the UX of actual transactions is beautiful so cosmos makes our list today if you're interested in interoperable l ones I'd say take a look at polka dot and take a look at cosmos
Coin #2 partners with Warner Music Group .
The next cryptocurrency project making big moves in this space plays to earn splinter lands with a huge partnership warner music group and splinterlands collaborating on play to earn games let's find out the details this is a big partnership
us-based record label warner music group and blockchain gaming company splinterlands have agreed to develop new blockchain games centered around warner music group musicians and their work this is according to a statement today the games will be played to earn arcade-style and designed for mobile devices if you're unfamiliar
What is Splinterland (P2E game)?
splinterlands is a fantasy digital card game built on the hive blockchain but users must transfer splinterland nfts to the wax blockchain for secondary sales of course as you know NFTs are unique cryptographic tokens that exist on a blockchain and signify one's ownership over a digital asset, in this case, in-game assets more about splinterlands it's been around since 2018 now has almost half a million daily players and 1.8 million registered users it was also the most popular blockchain game last month according to data from dap radar so Werner music group combining with splinter lands to make a play to earn based games chief digital officer and vice president of business development for warner music group said this about the massive partnership
I don't think we can underestimate how massive the opportunity around play to earn gaming is our partnership with splinterlands pulls focus on our artists and their music as we all work together to develop and maintain tokenized games as we build us will be unlocking new revenue streams for our artists while further solidifying fans participation in value created a huge win for warner music group huge win for the play to earn game splinter lands
The next coin making our list is the blue-chip Ethereum itself I'm bullish on alternative layer ones but let's not forget the king of layer ones Ethereum, especially with stuff like this
puma registers an ENS domain a dot eth and changes its Twitter to puma. eth the sports company added the ENS domain name to its growing collection of NFTs joining Nike and Adidas in the metaverse all on Ethereum Ethereum makes our list how can you not be bullish with so many different verticals that are contributing to the great tokenomics that is Ethereum sometimes nfts sometimes Defi total defi addresses are at 4.4 million up 203 percent from a year ago
Meld (Defi on Cardano) .
today if you like Ethereum if you like to defy maybe you'll like defi on Cardano want to put a cryptocurrency called meld on your radar it is Cardano based
the banking stack for defi meld is the
first, Defi non-custodial banking protocol you can securely lend and borrow both crypto and fiat currencies with ease and stake your
meld tokens APY for meld are sponsoring this section of the video meld is a top project on Cardano now let I tell you what you can do with meld let me tell you how you can do it with meld if you want to be at the forefront of define on Cardano, this is what you need to know
why choose meld well you would choose meld for cash loans to get an instant loan against your cryptocurrency holdings at a competitive APR or get a credit line and only pay interest on
what you use you can protect your crypto
holdings don't let today's small expenses erode your crypto investments leverage the value of your crypto don't sell borrow cash when you need it maybe you'd like this because it's built on
Cardano, the meld protocol is built on the Cardano blockchain a native generation blockchain delivering fast safe and cost-effective infrastructure for a new generation of defi perhaps you'd like it because it is decentralized and trustless a world-class defi protocol melds use smart contracts to ensure complete transparency and fairness for all parties it is borderless and democratic and stable yield yearnings abound
How does it work?
I like Cardano I I like defi I like what you're talking about how would I use this if I wanted to use this how does it work well to take out a loan you would use the meld app choose how much cash you'd like
to borrow add your crypto as collateral 2x the amount you'd like to borrow and lock it into a meld smart contract you get your cash once the smart contract is in place your loan is electronically transferred to your bank account
anywhere in the world to go further you can earn a yield on your crypto collateral is added to melds liquidity pool to generate yield and work for you for the entire life span of your loan you can pay back your loan you make monthly payments to pay back the interest and principal of your loan once the loan is paid off your collateral is released to you you earn all the time
regardless if you are borrowing lending
staking or holding you are always earning yield from crypto in your meld dap this is what the meld dap looks like very simple very easy to use and this is the staking section of the meld dap to go further there's a lot of quality information on their website I'm going to leave a link to this website so you can do your own research check out meld.
Meld NFTs.
below and even check out their budding NFT project be your own bank meet the bank managers are what their nft project is called and why it's cool is because it's not just a picture introducing the meld bank manager NFT collection anyone that has delegated to the meld ispo for even one epoch five days is eligible to mint a bank manager these NFTs are not just pretty pictures will earn you money and help you grow your wealth like any good bank manager should
Not financial, legal, or tax advice, just opinion I am not an expert! Do not guarantee a particular outcome I have no inside knowledge! you need to do your own research and make your own decisions! this is just education and entertainment thank you so much for supporting us for more news
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