M6 LABS RESEARCH ???? Exploring the StarkNet Ecosystem

M6 LABS RESEARCH ?? ??

Exploring the StarkNet Ecosystem

Some call it our savior, while others say it’s #NGMI. Here’s a curated list of notable projects in the StarkNet ecosystem.

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These days, the crypto community has a split opinion about the future of?StarkNet. Some call it our savior, while others say it’s #NGMI. Here’s a curated list of notable projects in the StarkNet ecosystem.

StarkNet is a permissionless decentralized ZK-Rollup. It operates as an L2 network on Ethereum, enabling any dApp to achieve unlimited computational scaling without compromising Ethereum’s composability and security.

As with any ecosystem, we need to begin the story by highlighting the unique benefits that separate it from competitors.?

Developers can use StarkNet Contracts to deploy any business logic quickly.

StarkNet and its developer tools are built by various teams and individuals developing diverse STARK-based solutions for the blockchain industry. Eli Ben-Sasson and Uri Kolodny founded the company.

A trusted place to store your valuable digital assets is crucial for any ecosystem to flourish.?

Wallets

Currently, there are only two major wallets in the StarkNet ecosystem:

• Argent X?- a simple and secure mobile crypto wallet. It is open-source and built on zkSync, a ZKP-based Layer 2 rollup solution for Ethereum.
• Braavos?-?created to make a self-custodial wallet that is easy and reassuring to use while not compromising on the enormous benefits of decentralization and self-custody of assets.

More wallets are expected to join the ecosystem.

Bridges

The fees for bridging to StarkNet will vary depending on the network you are transferring assets from. For example, suppose you are bridging from Ethereum. In that case, you will pay slightly higher fees of around $20-$30 because transactions on the mainnet are generally more expensive due to higher demand for blockspace.

On the other hand, if you are bridging from other Layer 2s like Polygon, Arbitrum, Optimism, and Metis - the transaction should not exceed $10.

Qasr?and?Kubri?are bridges under development in the testnet phase to bring cash flow to StarkNet.

DAO infrastructure

• Snapshot X?- a voting framework built on StarkNet. It will allow any DAO to run their governance on-chain on Layer 2 and execute transactions on Ethereum.
• Zorro Protocol?- a fast way for people to prove that they're unique users so they can obtain democratic DAO voting rights and other benefits.
• Bibliotheca DAO?- a pioneering Web 3 game studio building eternal games on StarkNet.

Gaming/NFTs

• Dope Wars?- a fully decentralized, community-driven, gaming metaverse project inspired by hip-hop culture.?
• Influence?- a space strategy MMO game with true player ownership, set in a realistic asteroid belt, all built on Ethereum.
• Realms?- the first module in an infinitely expanding player-owned game world.
• Eykar?-?a decentralized strategy game.
• Bitmapbox?- a 2D block-building game and protocol.??
• Phi Φ?- build your own web3 world with your wallet activities.
• The Ninth?- a crypto-native and on-chain metagame.
• Mint Square?– enables NFT trading with cheaper transactions and faster confirmation time, while being fully secured by the Ethereum consensus.
• NFTflow?– a platform for creating liquid markets for illiquid NFTs.
• Briq?– an NFT crafting and composability system based on fundamental elements called briqs.

Other projects in the StarkNet ecosystem

• Fuji DAO?- First and only yield aggregator project.
• ZkX?– Project on Derivatives on StarkNet.?
• Astraly?– Launchpad project on StarkNet.?
• iBetYou?– Project on betting on StarkNet.

Projects launching soon on StarkNet

• Nostra Finance?- the liquidity layer of StarkNet.
• StarkDefi?- aims to facilitate and simplify the onboarding process for the “next-generation user” in the blockchain space with a hub that accommodates a variety of DeFi solutions.
• zkGraph?- a social graph with limitless possibilities.
• Kandra?- a new DeFi protocol on StarkNet.?
• Zohal?- next-generation AMM coming soon to Starknet.
• CryptoSwap?- Decentralized Exchange on zkSync and StarkNet.

StarkNet is still in the early stages of the ecosystem, where the most basic DeFi applications are just beginning to be developed and not yet launched – the most exciting DEXs are in the testnet stage.

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