New EOS Projects That Have The Community Excited
Ever since EOS successfully launched its MainNet on June 3, its community made a lot of progress. Numerous dApps and new projects were started, and both the developers and other users are more than excited about them.
Because of that, it might be interesting to review some of the projects that have the community most excited, which is what we will do here today.
New EOS projects
Eva is a project based on EOS network that came as one of the new competitors to apps that revolve around ride-sharing. Its team stated that the project's mission is to create new and decentralized technologies for the mobility in urban areas. To do this, Eva is offering a platform that connects drivers and passengers, all the while promoting collaboration and cooperation.
One article posted on Everipedia says that Eva is offering 85% profitability that is going to the drivers themselves. Additionally, the app is expected to arrive before the year ends. At first, it will be available in Saguenay and Quebec, Canada. Soon, however, a large expansion is expected, and Eva might reach numerous cities in the next few years.
2) Stablecoin For EOS
A new project called EOS Dollar (EDR) represents a stablecoin for EOS that was proposed a while ago by one of the podcasters. The stablecoin would be run through a smart contract, with interest. Basically, EOS holders would send their coins to the smart contract and would receive EDR in exchange.
Stablecoins have been a topic of many discussions recently, and a lot of people still aren't quite sure how they should feel about them. Originally, there was only Tether, but in a short time, dozens of new projects emerged. Some of them include BitUSD, Stable USD, MakerDAO, Basecoin, and now, possibly EOS Dollar. Stablecoins will also have an entire conference in a couple of months when the discussions will continue.
Ever since the concept of decentralization became known to a larger number of people, they quickly turned to this alternative, and have developed a negative attitude towards centralized social media platforms. They were especially displeased by the decision of platforms like Facebook, Twitter, and alike, to stop running crypto ads.
While the social media giants had a good run that already exceeded 10 years for a lot of them, a lot of users now demand things to change. This is why they have been extremely vocal about the development of decentralized social media platforms, and EOS developers responded with a concept of DecenTwitter.
The concept is pretty simple to understand – mostly because it is exactly what it sounds like. The community wants a decentralized Twitter, and so the project to make one was announced. The platform currently looks very simple, but using it still requires at least some understanding of how coding works, which is a problem for all those who have no experience in this field. However, given time, the platform might develop and become more user-friendly, which might lead to a mass abandonment of the original Twitter. This is still far away in the future, though, if it ever comes to pass at all, but there is always a chance.
A lot of people with any connection to the crypto world have probably heard of Bitfinex, the oldest crypto exchange that is still around today. Well, what you probably did not know is that Bitfinex has started its own project called EOSFinex. It is supposed to e the first high-performance exchange that is completely decentralized, and it will be an offshoot of the main exchange.
Naturally, due to its connection to EOS, it will be run on EOS.io. Bitfinex elaborated on reasons for the new exchange's creation, stating that their goal was always to research the limits of new technologies and make the best of them. Now that EOS.IO has emerged, with thousands upon thousands of TPS', minimal confirmation times and fees, Bitfinex sees it as a natural extension to their business.
EOSFinex is also expected to be a method of solving the issue regarding numerous requests for new tokens within the exchange.
This is yet another exchange based on EOS that is being created, and its developer is a Korean team that has announced its launch to arrive in the second half of this year. The project is still very secretive, and not much is known about it. What is known, comes from its website and Medium posts, but those mostly include generic descriptions that do not reveal much.
Generally, the same things are expected as those that we already discussed regarding EOSFinex. It would seem that these kind of projects are fairly common currently, which is proof of how desperately needed decentralized exchanges really are.
6) bitShares 2.0 / Steemit 2.0
EOS's creator, Dan Larimer, has stated recently that he is nearing completion of the other two projects that he has been working on for a while now. Those include bitShares and Steemit. Both projects are expected to return on EOS new platform, but apart from that, not much is known regarding them.
As usual, the lack of information has led to a lot of speculation, and some believe that the projects' names will not actually be bitShares 2.0 and Steemit 2.0. Additionally, many are convinced that the projects will have enhanced transparency through various features like civic keys, biometrics, community verification, oracles, and alike.