Dogechain DC Project Spotlight

Another fruitful week has passed in the Dogechain Ecosystem. Transactions have nearly tripled since the last Project Spotlight, with more than 30 million on the counter at the moment of writing.

Without a doubt, September has been a month of growth. The chain has been increasing in usage and is now counting 230,000 unique wallets for an average of 1.7 million transactions a day.

All of this would have been impossible without the huge interest Dogechain has gathered from developers. With more than 150 projects building, and many of them already live, users are continuously getting access to additional use cases for their Dogecoin.

This week, we selected 4 of them to be featured on your Twitter spaces and showcase their projects, goals, and long-term vision of their role in the Dogechain ecosystem.

You can listen to the full spaces here:

https://odysee.com/@DogechainFamily:e/DC_SpotlightEp2:a

Otherwise, you can read this condensed version for the grand outlines of every featured project.

Qi DAO (Mai Finance)

Qi DAO is a non-custodial stable protocol for extracting value out of priced assets.

It uses $MAI, a collateral-backed stablecoin, allowing users to transfer value from over 20 chains on Dogechain.

The team’s goal is to allow you to keep your crypto and still be able to spend its value through:

  • Modular borrowing
  • Instant liquidity
  • 0% interest borrowing
  • Debt transferability

In other words, Mai Finance is a way for you to keep your crypto and still be able to spend its value. That means you’re able to borrow stablecoins without having to sell your crypto assets, and do so at 0% interest. To achieve this you can create a vault, deposit your crypto assets, and start borrowing stablecoins against your collateral’s value.

DOGIRA

Dogira is a multi-faceted GameFi project revolving around the multiple utilities of its $DOGIRA token.

It’s spearheaded by former Dogecoin developer Eoghan Hayes and provides token holders with exposure to a fledgling Blockchain Development Studio & DeFi Platform.

Currently, it provides some neat features like:

  • Dogira Finance is a unique non-inflationary staking platform, built using a forked base of PancakeSwap, and modified to include bespoke contracts and features.
  • NFT Kit, was fully developed in-house to simplify, streamline, and secure the process of NFT Creation for both developers, and artists.
  • Gooeys is, Dogira’s debut Play-to-Earn game, building directly on the advancements made with Dogira’s NFT Kit, alongside leveraging the reliable high speeds, and low transaction costs of the Polygon Network.
  • Humaniquarium, a casual gardening simulator that draws in elements of Animal Crossing, and Tamagotchi, on Android.

All in all, Dogira looks like it’s building a solid base for some GameFi goodness on Dogechain.

DOGEBY’S

Dogeby is a full-fledged NFT marketplace with filters for NFT themes, checking traits, listing, and trading.

It provides direct utility for your $DOGE, allowing you to mint, purchase, and trade supercool #NFTs created on #Dogechain.

The marketplace has its own launchpad, allowing creators to link third-party minting initiatives and list their collections.

On it you can:

  • Explore #NFT collections
  • View your existing NFTs and their traits
  • List your NFTs for sale and trade with frens
  • Check out launchpad collections
  • Create your own NFTs and upload them to Dogeby’s

Worth noting is that Dogeby’s is already up and running on Dogechain with its most essential features already activated.

ĐogeNameService

ĐogeNameService (ĐNS) allows users to use a readable .doge name instead of a long and hard-to-remember address. So, in the case where your address looks like a long string of hexadecimal numbers and letters, it will be compressed into an easily recognizable nickname like elon.doge.

So, you won’t need to copy and paste long addresses. Just use your ĐNS name to store all of your addresses and receive any cryptocurrency, token, or NFT.

Moreover, you can use avatars, URLs, and custom text fields to further differentiate yourself from the pack a

Another interesting point is that its tokenomics of the $DNS token brings additional value to #Dogechain. It achieves this by directing a share of the proceeds towards buyback-and-burning $DC and $wDOGE. The remaining part goes back to $ĐNS holders in a revenue-share fashion.

Wrapping up

In addition to these projects, we had our now-traditional “shitcoin showdown” at the end of the spaces. During this segment, a couple of interesting projects, such as DogeTools and RealDogePunks came forward. We are eager to hear more from these teams in the next iteration of our Project Spotlight.

Once again, always make due diligence when interacting with any of these projects. None of these projects are directly supported by the team and can present risks when used as an investing vehicle.

Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family!

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