Cellula, a blockchain gaming platform, has become a prominent player in the decentralized finance (DeFi) scene by generating $179 million in 24-hour revenue, surpassing other protocols such as Tether, Solana, and Raydium. Cellula employs a unique virtual Proof-of-Work (vPoW) consensus mechanism that allows users to create and manage virtual on-chain entities called BitLife. The platform recently introduced a programmable incentive layer and has secured partnerships with LBank Exchange and BNB Chain. Cellula's user base has also seen significant growth, with over 1 million BitLife entities minted. However, the platform may face challenges related to complexity, scalability, and sustaining its economic model.
- Content Editor ( crypto.news )
- 2024-11-22
Cellula generated $179m in revenue; is it the next big web3 gaming platform?