The deWorld game, developed by PlayOnChain Labs and built on Ancient8 alongside Base. The Game, introduces a novel play-to-earn gaming experience centered around NFTs. It allows players to cultivate and develop their farms with NFTs representing various farm elements and assets, offering a unique approach to in-game progression. Currently, deWorld does not feature its own token, as the game is still in the testnet phase and lacks a formal governance structure or process. The project is self-funded, having been bootstrapped by PlayOnChain Labs, underscoring its independence and the team's commitment to its development.
Synthetix operates as a decentralized liquidity layer on Ethereum and Optimism, revolutionizing the trading of synthetic assets and perpetual futures without traditional order books. Its native token, SNX, is crucial for staking, governance, and earning a share of trading fees. The governance structure of Synthetix involves a collaborative model with community members, core contributors, and elected councils and committees, ensuring a fair and transparent decision-making process. Funding milestones include raising $250,000 in a Seed Round, $610,000 in a Pre-Sale, $23.42 million in a Private Sale, $5.3 million in a Public Sale, and $3.8 million in Partnership Incentives, along with $12 million in later funding rounds. Additionally, Synthetix's strategic collaboration with Optimism brought in an allocation of 9 million tokens, earmarked for distribution to its user base.
Backed Finance is a financial platform that bridges traditional assets like stocks and bonds to the blockchain by issuing tokenized representations of these assets as ERC-20 tokens. Each token is fully backed 1:1 by the corresponding real-world security, held by licensed custodians. The platform operates under a regulatory-compliant framework, ensuring legal enforceability and transparency.
