While crypto is driven by speculation, these three alt-L1s are making cool real-life user applications:
First, Avalanche:
• Franklin Templeton launches tokenized money market fund BENJI on Avax
• New stablecoin @withAUSD minted $20M+ USD on the Avalanche. Agora AUSD is an open stablecoin model as "public good"
• California DMV using Avalanche to modernize vehicle title transfers, bringing crypto to the real world
Next, Gnosis:
• GnosisPay card lets Europeans use a self-custodial card with Monerium's EURe stablecoin. Users can cash out EURe to fiat EUR via Monerium.
• Gnosis 3.0 incubates more real world dApps and spins off dApps like CoWSwap, Gnosis Safe (multisig), and Gnosis Chain.
Learn more in me previous thread -> https://x.com/DefiIgnas/status/1818294985134862680
Finally, Ton:
• Honestly, the coolest feature is the eSIM card offering global internet via Telegram, paid with TON/USDT 😆
• Mini-apps attract new retail users but Ton has potential to be bring practical dapps for real-life applications.
- Those include VPNs, Overleap (paid messages on Telegram), dating and more.
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I could mention Ethereum and its Layer 2 like Base with Farcaster, as well as the growing adoption of stablecoin payments through smart wallets.
But what other ecosystems do you think provide interesting real-world use cases?
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