Project Spotlight #20

In our “Project Spotlight” series, we showcase new projects that are making an impact in the web3 community. This series will help you stay informed about upcoming projects and companies shaping the future of decentralised technologies. Remember to check out and follow their progress as they contribute to the evolving web3 landscape.

1. Qorra

Qorra is committed to enhancing the credibility and security of blockchain projects through its Rug Proof Certification. This certification is a comprehensive assurance of trust, security, and integrity, going beyond standard audits. It includes thorough security audits, detailed background checks, and insurance-backed protection to safeguard investors and projects alike. Qorra addresses the prevalent issues of scams, rug pulls, and breaches in the blockchain space, providing a robust solution that promotes investor confidence and the broader adoption of tokenized assets.

2. HypeLab

HypeLab is a Web3 ad network leveraging on-chain data to deliver personalized and relevant content to users. For advertisers, HypeLab provides a more effective alternative to traditional web3 marketing strategies like airdrops and social media, enabling targeted audience reach, accurate attribution, and measurable return on ad spend (ROAS). For publishers, HypeLab offers a solution to monetize their platforms without diverting focus from their core product development. This approach supports the growth and scalability of the web3 ecosystem.

3. OVEX

OVEX is a digital asset exchange and OTC trading desk based in Cape Town, South Africa, known for providing deep liquidity in African cryptocurrency markets. The company aims to establish a fair, secure, and transparent service, fostering a competitive and liquid cryptocurrency market in South Africa and beyond. OVEX emphasizes innovation and is dedicated to accelerating the adoption of cryptocurrencies. Recognized as one of Africa’s deepest liquidity venues, OVEX is a key player in the region’s crypto ecosystem.

4. Qualoo Network

Qualoo Network is pioneering a blockchain-based, Decentralised Physical Network (DEPIN) focused on enhancing global online quality of experience and e-service delivery. Founded by telecom experts, it addresses global internet service challenges by leveraging a network of public nodes, both physical and mobile, to provide transparency, accountability, and reduced operational costs. Users earn passive rewards through the QXT token, promoting a shared economy. Qualoo also offers value-added services like customer experience enhancement, data analytics, and network audits, aimed at improving the telecom and ICT industries.

5 DegenHive

DegenHive is a DeFi-powered social network designed to revolutionize creator engagement through dynamic NFTs, represented by on-chain digital identities known as HiveProfiles. It offers AI developers a platform to monetize their AI art via upgradable NFTs, with creators gaining access by winning a weekly auction. Creators can link AI models to NFTs, fostering interactive content creation and enhancing AI models through community data contributions. This setup boosts monetization and creates a sustainable economic model with protocol-owned liquidity, driving long-term growth and value.

The projects featured in our “Project Spotlight” series bring innovative solutions to the web3 landscape. Their ability to innovate can significantly impact the growth and evolution of the web3 industry. Do remember to follow us onX/Twitterandsubscribe to our weekly newsletter(we have an amazing >35% open rate).

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