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While crypto is driven by speculation

CN
Ignas | DeFi Research
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1 year ago
AI summarizes in 5 seconds.

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.

----

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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