The year 2021 will go down in history as a watershed point for cryptocurrencies and blockchain technology. In the middle of the epidemic, institutional interest in the crypto ecosystem has increased at an unprecedented rate. Furthermore, 2021 will be remembered as the year that hundreds of ambitious initiatives went online in order to put blockchain use cases into the popular consciousness.
As we approach the end of the year, there is a lengthy list of blockchain initiatives that have not only decreased the entrance barriers to crypto but have also challenged established business structures. Today, though, we’ll look at three award-winning blockchain initiatives from 2021 that have transformed the expanding cryptoverse in their distinct ways.
Bybit is the most transparent cryptocurrency exchange
At the annual Crypto Expo Dubai (CED) Awards 2021, Bybit, one of the fastest-growing crypto derivatives trading exchanges, was named “Most Transparent Exchange.” More than 8,000 professionals, influencers, and thought leaders from the crypto and blockchain ecosystems attended the event. The CED committee selected Bybit for the prize based on its track record of excellent performance, customer feedback, scalability, and financials.
Since its inception in 2018, Bybit has been committed to providing a fair, transparent, and cost-effective trading ecosystem for retail traders, institutional investors, and venture capital organizations. The platform surpassed notable competitors like OKex and FTX US to become the most quickly expanding exchange in 2021.
By 2021, Bybit’s active user base had nearly doubled to 2.5 million members from more than 200 countries. Furthermore, the platform has made a number of improvements and enhancements to its goods and services, all of which align with its customer-centric philosophy.
The Inclusive Fintech 50: 2021 Cohort is won by DeFi Platform Gluwa
The 2021 Inclusive Fintech 50 competition winner is Gluwa, a leading global financial services platform. The Inclusive Fintech 50 is an annual event in which 50 global fintech startups, particularly those focused on socioeconomic issues, are chosen from a field of over 400 competitors.
Gluwa blends DeFi with unique investment opportunities to provide a borderless financial environment for the world’s underbanked and unbanked populations. Through its Creditcoin blockchain, the platform has played an important role in introducing crypto to the public and providing thousands of customers with access to permissionless banking.
The Equitable Fintech 50 committee, sponsored by Visa, Accion, IFC, Jersey Overseas Aid & Comic Relief, and the MetLife Foundation, uncovers and exploits early-stage fintech innovations to foster a more inclusive global financial environment. Gluwa won 2021 by outperforming all four assessment criteria, including innovation, scalability, traction, and inclusion.
Splinterlands has been nominated for the 2021 Blockchain Developer of the Year Award
NFT gaming has emerged as one of the blockchain ecosystem’s most popular new enterprises. Despite the market being saturated with hundreds of games, Splinterlands, a play-to-earn card game, has made a name for itself in this competitive atmosphere. The number of active Splinterlands players has surpassed 670,000 in the last 30 days, thanks to its classic-style gameplay combined with blockchain’s transparency, security, and tokenization capabilities.
Splinterlands has already been nominated for the 2021 Blockchain Game Developer of the Year award, which is given out every year to recognize the top game developers in the blockchain gaming industry today, as well as the projects they’re working on.
Splinterlands has been the most popular blockchain game for the past four months in a row. They recently sold out of the pre-sale of the most recent card release, Chaos Legion. The site provides a diverse selection of games, including rated matches, tournaments, and missions, allowing gamers to earn money regularly.
