EU's New Crypto Regulations, Trending Dapps & Important Dates in Web3
gm Web3 explorers,?
Web3 takes the punches and evolves as it moves from bear market to bull market, and back again. Europe introduced MiCA to regulate crypto, providing a framework for Web3 companies to work with. At the same time, the United States yells at the sun like an old man. Old meme, Google it.?
At DappRadar, we keep building, and we’ve got some nice updates for you…
DappRadar Updates?
?? Dapps built on SKALE Network now listed on DappRadar. Dive into the Rankings?
?? Also check out the Rankings because we made it easier to access different charts with a menu on the left side.?
?? For our PRO members, we launched an overview of important dates in Web3
And we’re in the final stages of… ??
What happened in Web3
?? Binance is leaving The Netherlands
It could not find an agreement to get a Virtual Asset Service Provider (VASP) license. Dutch users need to move their assets from the exchange, and can no longer buy or trade.?
?? $6.2 million for Ringers NFT in auction
Dmitri Cherniak’s Ringers #879 auctioned through Sotheby’s for a total of $6.2 million. The generative artwork nicknamed The Goose, used to be part of the Three Arrows Capital collections (3AC) before it went bust in 2022.?
?? EU now has crypto regulatory framework
The EU’s new crypto framework MiCA has been accepted, and over the next 18 months they will fully implement it. This means more certainty and a framework to work with for European Web3 and crypto companies. (Cointelegraph)
?? Lens Protocol changes governance
Lens Protocol released a new governance model, featuring Lens Improvement Proposals (LIPs). Any developer, creator and user can participate in the decision making process of the platform’s future development. Wen LENS token? I guess soon. (Coindesk)
?? Sweat Economy reclaims idle $10 million?
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The Sweat Economy community has voted to move locked and dormant tokens to the DAO. A total of 2 billion SWEAT tokens remained unclaimed after the airdrop, and will now move to the community wallet. Total value? Around $10 million. That dapp attracted 456,000 unique wallets over the past week. (Sweat Economy)
?? Puma launches metaverse platform
Even though not their first effort, Puma launched a 3D metaverse experience, called Black Station. This is for Puma Pass NFT holders, but anybody can visit and explore. However, the experience will only be open until 23 June. (Puma)
?? Crypto bot borrows $200 million for $3 profit
A crypto bot specialized in arbitrage trading took a $200 million flash loan to eventually secure a $3.24 profit. Profit is profit. (Cointelegraph)
Trending dapps and Web3 data this week
??Fitness dapp Sweat Economy up 106%
Sweat Economy doubled its user count, reaching 456,010 unique active wallets in the past 7 days. The move-to-earn platform just had a governance vote, which contributes strongly to these numbers.?
?? CyberConnect up 187% and overtakes Galxe
Some social dapps fall, others rise up. While Galxe has seen its user base drop 30% to 174k connected wallets, CyberConnect saw a huge boost. They were up 187% and attracted 181,700 unique wallets.
?? Manifold grows after launch on Optimism
NFT marketplace Manifold increased its user base 153% over the past 7 days, as the platform expanded its ecosystem to Optimism.
??? Jump.Trade Marketplace up 296% on Polygon
As if NFT marketplaces don’t have enough competition yet, Jump.Trade is making moves on the Polygon blockchain. The marketplace increased its number of unique wallets 296% to more than 19k.
?? Autoglyphs and Nouns shine bright during red market
While most NFT collections have seen their trading activity and volume plummet, Nouns and Autoglyphs are among the few that have seen a boost. The onchain artworks of Autoglyphs added 52% to their volume, reaching $505,410, while the Nouns community doubled their volume to $286,020. OnChainMonkey also did well, adding 27% to their volume, reaching $454,000.?