Binance Smart Chain or known as BNB chain which stands for “build and build” is a blockchain by Binance, which is one of the leading crypto platforms in the world. The platform has a native token which is called Binance Coin. The blockchain is one of the fastest in the ecosystem with lower gas fees as compared to others. The blockchain allows developers to build decentralized projects on the chain with multi-functionality features. It has also opened the way for the decentralized finance world offering services including decentralized exchanges, NFT marketplaces, lending, staking, and metaverse solutions to name a few. Realizing the potential and scalability, developers started building projects on top of the BNB chain.
Here are the top 5 projects on the BNB Chain:
PancakeSwap is the leading decentralized exchange built on the BNB blockchain. It uses an automated market maker (AMM) that allows two tokens to be exchanged on the Binance Smart Chain. Apart from allowing trading, the platform supports pooling and farming that allows a user to earn interest on their holding. It is fast, cheap, and allows anyone to participate on the network. According to the platform, PancakeSwap has the most users of any decentralized platform, ever. And those users are now entrusting the platform with over $3.5 billion in funds.
Era7 is the second most popular project being built over the BNB Chain. Game of Truth is a metaverse-style game, developed on the Binance Smart Chain. It is an NFT-based card-trading game in which players can combine the cards in their own card library in different ways to ensure that their deck is as strong as possible. The native token to be used on the platform is the ERA token which can be bought on PancakeSwap.
MOBOX is a GameFi community-driven platform that rewards users for their engagement and entertainment. The platform has its own native token known as MBOX Dao Token. The BOX token has no pre-mine, no seed round, and no offering round. MBOX token is FAIR LAUNCH. According to the official website of MOBOX, MOBOX is committed to becoming the next epoch-making decentralized/community/developer-friendly GameFi platform.
Biswap claims to be the most progressive decentralized exchange platform being built over the BNB chain. The platform allows its users to trade, farm, pool, and exchange tokens to earn interest on their crypto holdings. The platform has the lowest fee which is 0.1% on trade in the Defi space. The platform also has a trade reimbursement feature where up to 70% of the trading fee shall be returned in the form of BSW tokens, which are the platform's native tokens.
SecondLive is BNB native Play to earn game. The platform calls itself to operate at the junction of Metaverse and Virtual Reality. SecondLive aims to create a Web3 open Metaverse that serves 1 billion people. On the platform, users dress up their own characters with the editor and set them as their avatars. Users can also transport to the lobby, games, concerts, workshops, and other spaces. Anyone who owns a third-party digital asset can trade assets through the SecondLive market.
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