Santiment ProofofStake Blockchain Surpasses Decentraland as Cryptos Leading NFT Project for Development
A proof-of-stake blockchain has surpassed Decentraland, an Ethereum-based virtual reality platform, to become the top non-fungible token (NFT)-related crypto project in terms of development activity, as reported by the analytics platform Santiment.
According to Santiment, Flow, a layer-1 permissionless blockchain, recorded 190.77 notable GitHub events in the last 30 days, outpacing Decentraland’s 144.9 events. Metaplex, a decentralized NFT platform on Solana, ranked third with 23.07 GitHub events, while the blockchain gaming project Axie Infinity came in fourth with 17.97 events.
Santiment emphasizes that routine updates are not included in their count of GitHub events, and they use a “better methodology” to gather data. The firm believes that high development activity indicates strong developer confidence in the project and reduces the likelihood of an exit scam.
Decentraland recently slipped from the top spot on Santiment’s list of leading crypto gaming projects by development activity, falling behind MultiversX, a distributed proof-of-stake blockchain network with over 3,000 nodes.
At the time of writing, FLOW is trading at $0.735, down nearly 6% in the past 24 hours. The 84th-ranked crypto asset by market cap continues to show fluctuations in its price.
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