Nfts
Proof of Stake Blockchain Overtakes Decentraland to Become Crypto Development’s Leading NFT Project: Santiment
A proof-of-stake blockchain has overtaken Ethereum (ETH)virtual reality platform based on Decentraland (MANA) to become the top non-fungible token (NFT)-related crypto project in terms of development activity, according to analytics platform Santiment.
Feeling Remarks this flow (TO FLOW), a layer 1 permissionless blockchain, has recorded 190.77 notable GitHub events over the past 30 days, compared to 144.9 for Decentraland.
Metaplex (MPLX), decentralized NFT platform built on Solana (GROUND), ranked third with 23.07 GitHub events, and blockchain gaming project Axie Infinity (AXS) placed fourth with 17.97.
Source: Santiment/X
Santiment notes that it does not consider routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.”
The analytics company has already said This strong development activity centered on a crypto project indicates that developers believe in the protocol. Development activity also suggests that the project is less likely to be an exit scam.
Decentraland too recently fell from the top of Santiment’s list of the top crypto game projects by development activity, falling to second place behind MultiverseX (EGLD), a distributed blockchain network with proof of stake and decentralized via more than 3,000 nodes.
FLOW is trading at $0.735 at the time of writing. The crypto asset ranked 84th by market capitalization fell almost 6% in the last 24 hours.
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