BCH growth is in smartBCH, projects that I follow very closely: MistSwap DEX, LAW, Reapers & GAC

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2 years ago

The growth of Bitcoin Cash is on the smartBCH side-chain, a DeFi blockchain based on the Ethereum virtual Machine (EVM) that has the ability to clone and innovate projects found on the Ethereum network, and beyond, by its design and creation, smartBCH has the ability to execute transactions much cheaper. This DeFi blockchain was launched in mid-2021, more specifically on July 30, 2021, and since then it has only grown.

Many projects established their work in SmartBCH, which despite being a new network, has gained more and more investors thanks to the action of certain projects that are creating mechanisms for investors in other chains to interact with the side-chain quickly and efficiently.

MistSwap DEX

MistSwap DEX has stood out at smartBCH because its developers are betting heavily on building a platform that in the near future will have the capacity to be the best known and also the most innovative, creating mechanisms so that the distance between other chains is increasingly reduced. For this, the team behind the trading platform created a bridge that will make it easier for more people to be onboard and invite investors to try to make their money profit on SmartBCH.

The bridge has the ability to convert to more than 20 currencies in SmartBCH's native currency, Bitcoin Cash, and also allows conversions out of the smartBCH from Bitcoin Cash to one of the currencies that the bridge supports.

It should be noted that Mistswap DEX, in addition to being a decentralized trading platform, also has a governance currency, the Mist, which works so that holders can make decisions on the platform according to proposals addressed exclusively to them. It was established in 2021 and since then it has been one of the platforms that stands out the most in smartBCH due to the vision of its developers, particularly Kasumi, which intends to create an image of a platform that prioritizes technological innovation combined with the ability to offer good and the best for anyone looking for a reliable DEX in the smartBCH ecosystem.

The bridge is not the only product outside the token that the Mistswap DEX team has launched, but a few days ago it introduced the world to the LNS, which is the Bitcoin Cash naming service running on smartBCH that allows users/investors to shorten the long wallet addresses and switch to using simple names to represent the address. It is a service that has been forked from the ENS that runs on Ethereum and has been able to guarantee that web 3 platforms can identify the address, allowing the shortened name as well as the image to appear in it.

The LNS is not only an smart address but also a non-fugible token that allows it to be traded on the parallel market, like Oasis. In its early days it sold over 3000 addresses, it also has a staking system where LNS tokens can be used to generate xLNS and use the value generated by selling the addresses to generate stake gains.

Definitely a product to Bookmark:

Telegram MistSwap DEX- https://t.me/mistswapofficial

Telegram LNS - https://t.me/LNS_DISCORD_BRIDGE

Web site - https://app.mistswap.fi/swap

bridge - https://app.mistswap.fi/bridge

Twitter - https://twitter.com/mistswapdex

Law Punks

Law Punks deserves to be on my list, the team behind the project is doing an excellent job at smartBCH and bringing their innovation to all those who follow the project. Law Punks turned into a very large and still developing nation, raising the bar for the NFT market when it granted its digital art a staking mechanism and the power to generate tokens by doing so.

Latest punks news article on medium.

It soon became a mainstay in the smartBCH community and never stopped, its non-fugible tokens can generate Law tokens, it created a marketplace where Law Punks can be sold and where they can also be upgraded, created a stablecoin to do the rebase of earnings and there are several plans, because the team behind it is always innovating and can at any time come up with something that will leave the community speechless!

Law Punks, a DeFi and NFT protocol, is a mandatory reference when it comes to smartBCH in the area of ​​NFTs and most importantly, they created an ecosystem with a minuscule investment compared to the other projects that are on the side-chain that are guided by promises while they should be following the steps by Lawpunks. If the project is under development and has strong foundations, why not follow suit? It doesn't cost anything.

Web site - https://blockng.money

Telegram - https://t.me/BlockNGGlobal

Telegram sale - https://t.me/LawPunksSale

Medium - https://medium.com/@blockng

Twitter - https://mobile.twitter.com/BlockngO

It is therefore necessary to emphasize that there are many projects at smartBCH that if I wanted to write about them I would certainly have to complete ten pages, however the ones listed here are the ones that I believe will be a benchmark in smartBCH in the future, mainly because the teams that The people behind them are visionaries and not only are they in the business for the money but they are in it because they believe in the potential of the side-chain. One of the clear examples is Mistwap Dex, which, in addition to the products mentioned above, is also working on a Lending project where users can borrow coins just by having collateral for the operation to take place, and the fees generated will be distributed by xMist stakers.

ReapersNFT

Reapers non-fugible tokens is a product launched on the market by the well-known Josh Ellithorpe who, in addition to being a fervent figure in the Bitcoin Cash community, also has projects on the Ethereum network (clementine NFT) and also had the hand of artist Chu, who took the entire your imagination to create the ReapersNFT. The project has only a few months of release and is on this list for obvious reasons, it is original art of extreme quality existing in smartBCH.

There are future plans for Reapers NFT that to follow better everyone should be connected to the official channels as the developers are always busy creating products that can attract people to the side-chain. One day reapers could become a GameFi for example, or even another product so it is necessary to bookmark Telegram as well as other social media.

Telegram - https://t.me/ReapersNFT

Web site - https://reapers.cash

Twitter - https://twitter.com/ReapersNFT

Gambling Apes Club

Gambling Apes Club is included in this list because it is a project that was a clone of Bored Ape and that put a sweetener that was created among them Apes with original shapes only found in smartBCH. The Gambling Apes Club was the first NFT project that only lasted mere minutes to complete minting. There are future plans for the project that, in addition to the stake, has also launched the marketplace, where holders and visitors can buy and sell GAC NFTs.

If you think that it stops there, you are wrong because there is also the creation of merchandise where each holder can order t-shirts, mugs, underwear, capuchins, sun hats and much more and stamp it with the digital art he holds. It is a product that I am particularly looking forward to after it will be shipped to everyone and will create awareness of the Gambling Apes Club NFT for anyone who sees her dressed up.

Its roadmap is out and for those who are interested in seeing what the team has been preparing, better access and notice how much has been developed so far. The Apes will generate Banana (token) that will later be used, who knows, to increase the level of the staked apes, pay for merchandise on the website and also, of course, to exchange for other currencies.

Telegram- https://t.me/apescash

Web site - https://apes.cash

Twitter - https://twitter.com/apes_cash

Summary,

I have already mentioned that there are several projects in smartBCH that can attract attention to anyone and they are all of great category when the developers are reputable people who truly fight for the development of smartBCH. Particularly I follow the projects mentioned above because I know the team behind them or I see something unusual in them in SmartBCH so that I follow them very closely.

It is always necessary to first do an exhaustive research when it comes to investments, as everything that involves monetary values ​​carries the risk of losing money. The smartBCH will still develop and attract several investments and devs for the side-chain, it has crazy growth potential and also attract those who are interested in DeFi but because the others were so expensive that they couldn't, now on the side-chain they can pay the execution fees because they are low.

Find me on noise.cash, and always DYOR.

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Comments

Thats why i don't believe first, I need to read more articles about this and I hope I will learn more About this content. These are all future trends now I can be mature soon.

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Don't worry take your time to learn and Always DYOR 😎

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