CORE

Core DAO Second S-Prize Snapshot Imminent: Story So Far

by BSC News

July 15, 2023

chain

Core DAO's second S-Prize snapshot is approaching, recognizing top DeFi and GameFi projects building on the Core network for the second time.

Core DAO Announces Second S-Prize Snapshot 

Core DAO, the Layer1 blockchain protocol, is gearing up for its second S-Prize snapshot, following the success of its first snapshot taken on May 17th. The S-Prize is an initiative by Core DAO to recognize and reward the best Decentralized Finance (DeFi) and GameFi projects building on the Core network for the second time.

Recap of the First S-Prize Snapshot 

After the first snapshot, Core DAO organized the "21 days of Core event" to announce the top projects in its DeFi and GameFi ecosystem. With over 75 projects competing for recognition, the winners were finally unveiled, marking a significant milestone in Core's development.

In the DeFi category, three outstanding Decentralized Exchanges (DEX) emerged as winners: ArcherSwap, IcecreamSwap, and ShadowSwap. These DEX platforms have demonstrated exceptional performance and innovation within the Core network's DeFi ecosystem. Their recognition by Core DAO highlights their contribution to the growth and development of DeFi.

Moving to the GameFi category, the winners were OmiaVerse and Energy Crisis Game. These projects have successfully combined gaming and decentralized finance elements to create immersive and engaging user experiences. Their innovative approaches to GameFi have positioned them as industry leaders, and their recognition by Core DAO reinforces their status.

Additionally, Core DAO extended grants to several protocols that showcased exceptional features, even though they did not belong to the selected categories. YoungParrot, an NFT marketplace, Ignore Fud, a memecoin, and Core ID, a Web3 registrar for .core domains, were all acknowledged for their notable contributions and awarded grants. 

This demonstrates Core DAO's commitment to supporting promising projects across various domains within the blockchain space.

Insight on Core DAO’s Second S-Prize Snapshot 

With the success of the first S-Prize snapshot, excitement is building for the upcoming second snapshot, scheduled for next week starting from July 17th. The second snapshot aims to recognize and reward the most promising projects within the Core network, further fueling innovation and growth in the DeFi and GameFi sectors.

BSC News will closely monitor the progress of the event. As Core DAO prepares to reward another set of top-budding projects, the industry eagerly awaits the announcement of the winners. The S-Prize snapshots testify to Core DAO's commitment to fostering a vibrant and dynamic ecosystem where innovative projects can thrive and bring value to the community.

In conclusion, Core DAO's S-Prize initiative continues to spotlight outstanding projects in the DeFi and GameFi sectors. The first snapshot showcased exceptional talent within the Core network, while the second snapshot holds the promise of unveiling new and deserving winners.

As Core DAO pushes the boundaries of blockchain innovation, the S-Prize snapshots serve as a catalyst for further growth, collaboration, and recognition within the decentralized ecosystem.

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.

Where to find Core DAO:

Website | Docs | Twitter | Discord

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