BNB

Digital ID Provider Lifeform Explodes to 3rd on List of Most-Used BNB Chain Dapps

by BSCN

March 6, 2023

Lifeform attracts nearly 200,000 users in the past week, under just PancakeSwap and Hooked Protocol.

New Dapp on the BNB Block

Lifeform, a visual digital ID solutions provider supported by Binance Labs, has skyrocketed up the ranks of Decentralized Applications (dApps) on BNB Chain. Attracting nearly 200,000 Unique Active Wallets (UAWs) in the past week, Lifeform snagged third place on DappRadar’s list of BNB dApps.

Lifeform allows users to create hyper-realistic human avatars (and cartoon counterparts) that are saved as cross-chain Non-Fungible Tokens (NFTs) that store decentralized identification information.

The avatar editor tool is powered by Unreal Engine 5 but has a simple user interface.

More than 1.5 million of the cartoon versions of the avatars have been created in the Lifeform ecosystem.

While competition for users is fierce from the top-two-ranked dApps on BNB, PancakeSwap and Hooked, Lifeform could potentially show even more growth, with more than 78,000 UAWs engaging with the protocol in the past day.

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What is BNB Chain:

Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.