12 Projects on the Ethereum (ETH) Blockchain in 2022
Vivian Kristjansson
Content Marketing
Ethereum has had an eventful few years; gas fees are the lowest they’ve been in 2 years, “The Merge” which will transition the blockchain from Proof-of-Work to Proof-of-Stake is approaching its horizon, and an increasing amount of Ethereum (ETH) DeFi projects have been popping up.
There is no denying that the popularity of NFTs and play-to-earn games (many of which leverage the Ethereum blockchain) has grown over the past couple of years. Additionally, certain DeFi protocols have also opened up the possibility of lending and borrowing to anyone with a crypto wallet.
The Ethereum ecosystem is full of various apps, projects and organizations, but here are 12 of the more noteworthy projects built on the Ethereum blockchain.
They include:
The Sandbox
The Sandbox is a community-driven metaverse built on the Ethereum blockchain. Creators can monetize assets and buy digital land as NFTs (non-fungible tokens). This is all possible with the game’s native token, SAND, which acts as a unique investment opportunity that bets on the future of the metaverse. Aside from buying crypto assets and NFTs, holders can participate in governance decisions and staking by using their SAND token holdings. You can now purchase Sandbox (SAND) on Netcoins.
Decentraland
The Sandbox isn’t the only metaverse project on the Ethereum blockchain. Decentraland is another popular project that enables users to play in a digital real estate ecosystem. Players can build, monetize, or trade goods in the form of NFTs with the native MANA token. NFTs include virtually anything in the game, including LAND (real estate) and avatars. Browse the Decentraland marketplace to see what’s currently available. You can now purchase Decentraland (MANA) on Netcoins.
Cyber Cosmos World
Cyber Cosmos World is a metaverse project based on the idea of promoting women’s empowerment. There are 10,000 cyber warrior avatar NFTs, each of which represents women in the tech industry. Whether it’s a city, forest, island, desert, or martial land, you get to build the world you want to live in on the Cyber Cosmos World. The project enables players to interact and have fun in a safe and friendly environment.
Gods Unchained
Gods Unchained is another Ethereum DeFi project that includes both a game and a trading marketplace. In this deck-building free NFT game, players collect, build, and sell cards. Players have true ownership of their in-game items, which should make Magic The Gathering fans feel right at home.
CryptoKitties
CryptoKitties is an Ethereum project with virtual cat NFTs that users can breed, collect, and manage. Fans of Pokemon or Tamagochi should love this game. CryptoKitties quickly gained popularity since its release in 2017. The project put Ethereum dApps on the map and allowed anyone with a crypto wallet like MetaMask and some Ethereum to participate. Even though it’s been a few years now, players are still trading crypto kitties in 2022.
NBA TopShot
Another great Ethereum DeFi project that we love is NBA TopShot. In a nutshell, NBA TopShot is an NFT marketplace highlighting “Moments” in NBA history. These Moments are video clips showcasing an athlete’s particular basketball skill set. In 2021, NBA TopShot was seen as one of the most influential projects in the basketball space, which created a buzz in both the crypto and NBA space.
CryptoPunks
CryptoPunks made its mark as the first successful ETH project in 2017. First given away for free, CryptoPunk NFTs are now among some of the top NFTs by price. There are 10,000 Punks that each carry unique attributes, creating scarcity within the ecosystem.
MakerDAO
MakerDAO makes our ETH DeFi projects list as a project that enables users to lend and borrow crypto by depositing ETH-based tokens into the protocol. Loans are processed with the native DAI stablecoin, and any interest earned needs to be repaid with MKR. MakerDAO, alongside its governance token MKR, is profoundly intertwined with DAI, making it a unique investment opportunity in the stablecoin and lending ecosystem.
1INCH
1INCH is a decentralized exchange (DEX) with a native token that carries the same name. When compared with other DEXs, 1INCH offers the best crypto rates by aggregating rates across multiple DEXs. Users love to transact without the need for any middle man or third party, which stays in line with the ethos of crypto.
Curve Finance
Curve Finance makes investing in Ethereum a breeze with its DEX. This automated market maker (AMM) platform maintains low fees and slippage specifically designed for stablecoins like USDT, USDC, DAI, BUSD, TUSD, and sUSD. Alternatively, to stablecoins pegged to the price of fiat currencies, we found Curve Finance to be one of the best ways to swap stablecoins pegged to the price of other cryptocurrencies like Bitcoin through WBTC, renBTC, and sBTC. As one of the ETH DeFi projects on our radar, it enables the swapping of over 17 different coins. You can now purchase Curve (CRV) on Netcoins.
Aave
When searching for DeFi projects on the Ethereum blockchain, you ought to try Aave. This open-source lending protocol allows lenders to contribute to liquidity pools and earn rewards without having to engage with third parties. This gives lenders the chance to earn low-risk passive income, which is very admirable in the crypto space. Borrowers can also place crypto assets up for collateral, creating less risk for lenders overall. The governance token in the Aave ecosystem is AAVE and gives token holders the ability to vote on key decisions which may change the protocol’s direction. You can now purchase Aave on Netcoins.
Uniswap
Uniswap is another decentralized exchange making a name for itself in the Ethereum ecosystem. Uniswap uses an automated liquidity protocol to enable the trading, creation, and listing of ERC-20 tokens. The platform also allows anyone to supply tokens to its liquidity pools in return for yield on their deposits, generating passive income for those who desire it. The native governance token is UNI, which holders can use to vote on key decision-making. You can now purchase uniswap on Netcoins.
Try These ETH Ethereum DeFi Projects for Size
As you can see, there is no shortage of Ethereum DeFi Projects to try. The 3 main categories we’ve seen are Art/Collectibles, Gaming, and DeFi, creating a bright future for Ethereum.
With so many projects on the Ethereum blockchain, it can be tough to keep up. As technology advances, it’s easy to get lost in the crypto shuffle.
To avoid getting lost in the constantly evolving crypto ecosystem, feel free to check out our blog on Netcoins, which carries everything you need to keep your head in the game.
Wondering how to buy ETH? Netcoins is a publicly-owned, fully regulated crypto trading platform based in Canada. Enjoy 0% funding fees and free cash withdrawals with e-Transfers, and live customer support service seven days a week.
Ethereum has had an eventful few years; gas fees are the lowest they’ve been in 2 years, “The Merge” which will transition the blockchain from Proof-of-Work to Proof-of-Stake is approaching its horizon, and an increasing amount of Ethereum (ETH) DeFi projects have been popping up.
There is no denying that the popularity of NFTs and play-to-earn games (many of which leverage the Ethereum blockchain) has grown over the past couple of years. Additionally, certain DeFi protocols have also opened up the possibility of lending and borrowing to anyone with a crypto wallet.
The Ethereum ecosystem is full of various apps, projects and organizations, but here are 12 of the more noteworthy projects built on the Ethereum blockchain.
They include:
The Sandbox
The Sandbox is a community-driven metaverse built on the Ethereum blockchain. Creators can monetize assets and buy digital land as NFTs (non-fungible tokens). This is all possible with the game’s native token, SAND, which acts as a unique investment opportunity that bets on the future of the metaverse. Aside from buying crypto assets and NFTs, holders can participate in governance decisions and staking by using their SAND token holdings. You can now purchase Sandbox (SAND) on Netcoins.
Decentraland
The Sandbox isn’t the only metaverse project on the Ethereum blockchain. Decentraland is another popular project that enables users to play in a digital real estate ecosystem. Players can build, monetize, or trade goods in the form of NFTs with the native MANA token. NFTs include virtually anything in the game, including LAND (real estate) and avatars. Browse the Decentraland marketplace to see what’s currently available. You can now purchase Decentraland (MANA) on Netcoins.
Cyber Cosmos World
Cyber Cosmos World is a metaverse project based on the idea of promoting women’s empowerment. There are 10,000 cyber warrior avatar NFTs, each of which represents women in the tech industry. Whether it’s a city, forest, island, desert, or martial land, you get to build the world you want to live in on the Cyber Cosmos World. The project enables players to interact and have fun in a safe and friendly environment.
Gods Unchained
Gods Unchained is another Ethereum DeFi project that includes both a game and a trading marketplace. In this deck-building free NFT game, players collect, build, and sell cards. Players have true ownership of their in-game items, which should make Magic The Gathering fans feel right at home.
CryptoKitties
CryptoKitties is an Ethereum project with virtual cat NFTs that users can breed, collect, and manage. Fans of Pokemon or Tamagochi should love this game. CryptoKitties quickly gained popularity since its release in 2017. The project put Ethereum dApps on the map and allowed anyone with a crypto wallet like MetaMask and some Ethereum to participate. Even though it’s been a few years now, players are still trading crypto kitties in 2022.
NBA TopShot
Another great Ethereum DeFi project that we love is NBA TopShot. In a nutshell, NBA TopShot is an NFT marketplace highlighting “Moments” in NBA history. These Moments are video clips showcasing an athlete’s particular basketball skill set. In 2021, NBA TopShot was seen as one of the most influential projects in the basketball space, which created a buzz in both the crypto and NBA space.
CryptoPunks
CryptoPunks made its mark as the first successful ETH project in 2017. First given away for free, CryptoPunk NFTs are now among some of the top NFTs by price. There are 10,000 Punks that each carry unique attributes, creating scarcity within the ecosystem.
MakerDAO
MakerDAO makes our ETH DeFi projects list as a project that enables users to lend and borrow crypto by depositing ETH-based tokens into the protocol. Loans are processed with the native DAI stablecoin, and any interest earned needs to be repaid with MKR. MakerDAO, alongside its governance token MKR, is profoundly intertwined with DAI, making it a unique investment opportunity in the stablecoin and lending ecosystem.
1INCH
1INCH is a decentralized exchange (DEX) with a native token that carries the same name. When compared with other DEXs, 1INCH offers the best crypto rates by aggregating rates across multiple DEXs. Users love to transact without the need for any middle man or third party, which stays in line with the ethos of crypto.
Curve Finance
Curve Finance makes investing in Ethereum a breeze with its DEX. This automated market maker (AMM) platform maintains low fees and slippage specifically designed for stablecoins like USDT, USDC, DAI, BUSD, TUSD, and sUSD. Alternatively, to stablecoins pegged to the price of fiat currencies, we found Curve Finance to be one of the best ways to swap stablecoins pegged to the price of other cryptocurrencies like Bitcoin through WBTC, renBTC, and sBTC. As one of the ETH DeFi projects on our radar, it enables the swapping of over 17 different coins. You can now purchase Curve (CRV) on Netcoins.
Aave
When searching for DeFi projects on the Ethereum blockchain, you ought to try Aave. This open-source lending protocol allows lenders to contribute to liquidity pools and earn rewards without having to engage with third parties. This gives lenders the chance to earn low-risk passive income, which is very admirable in the crypto space. Borrowers can also place crypto assets up for collateral, creating less risk for lenders overall. The governance token in the Aave ecosystem is AAVE and gives token holders the ability to vote on key decisions which may change the protocol’s direction. You can now purchase Aave on Netcoins.
Uniswap
Uniswap is another decentralized exchange making a name for itself in the Ethereum ecosystem. Uniswap uses an automated liquidity protocol to enable the trading, creation, and listing of ERC-20 tokens. The platform also allows anyone to supply tokens to its liquidity pools in return for yield on their deposits, generating passive income for those who desire it. The native governance token is UNI, which holders can use to vote on key decision-making. You can now purchase uniswap on Netcoins.
Try These ETH Ethereum DeFi Projects for Size
As you can see, there is no shortage of Ethereum DeFi Projects to try. The 3 main categories we’ve seen are Art/Collectibles, Gaming, and DeFi, creating a bright future for Ethereum.
With so many projects on the Ethereum blockchain, it can be tough to keep up. As technology advances, it’s easy to get lost in the crypto shuffle.
To avoid getting lost in the constantly evolving crypto ecosystem, feel free to check out our blog on Netcoins, which carries everything you need to keep your head in the game.
Wondering how to buy ETH? Netcoins is a publicly-owned, fully regulated crypto trading platform based in Canada. Enjoy 0% funding fees and free cash withdrawals with e-Transfers, and live customer support service seven days a week.