In our "Project Spotlight" series, we highlight new projects making significant strides in the web3 community. This series keeps you updated on innovative projects and companies that are shaping the future of decentralised technologies. Be sure to check out and follow their progress as they contribute to the ever-evolving web3 landscape.
1. Lobster
Lobster is a non-custodial decentralised finance (DeFi) protocol that aggregates various underlying services, such as lending and liquidity-providing platforms, into one streamlined interface. Its primary goal is to offer global DeFi strategies that are fully automated and accessible through a single deposit, minimizing risk while optimizing profitability for investors. By integrating with multiple DeFi platforms, Lobster simplifies the process of generating returns on crypto assets, allowing users—whether retail or institutional—to benefit from professional, automated yield strategies without requiring extensive expertise or time commitment. Represented by the blue lobster, the protocol symbolizes sustainability, abundance, and prosperity.
2. ICPEx
ICPEx is a full-chain decentralized exchange powered by the Proactive Market Maker (PMM) algorithm, designed to become a decentralized financial hub serving the Web3 ecosystem. Fully deployed on the Internet Computer (ICP), ICPEx provides efficient on-chain liquidity for Web3 asset trading, enabling users to seamlessly issue and trade digital assets, including homogenized tokens and NFTs, with just one click. By utilizing the PMM algorithm, ICPEx simplifies asset aggregation for liquidity providers and market makers, ensuring strong liquidity across the platform. Additionally, ICPEx’s efficient routing algorithm compares prices across the network, offering users the best possible trading benefits.
3. Valinity
Vailinity is a DeFi protocol and ERC20 token built on the Ethereum blockchain, designed to eliminate pump-and-dump schemes and rugpulls while offering a revolutionary alternative to traditional staking systems. Its innovative Reverse Staking mechanism, powered by the Tri-Treasury system, allows users to receive immediate staking rewards rather than waiting over time. This smart contract-driven system generates Ethereum for every VY token and ensures balanced tokenomics for the entire Vailinity ecosystem. Unlike many DeFi protocols, Vailinity benefits the entire community, providing users with fractionalized ownership of the ecosystem simply by holding VY tokens, which continue to yield ETH as users interact with the platform.
4. Breadchain
Breadchain is a cooperative network of decentralised projects focused on building solidarity-based tools for a post-capitalist Web3 future. Its mission is to advance a progressive vision of blockchain technology that fosters cooperation and mutual support. Breadchain's key innovation, the Crowdstaking Application on Gnosis Chain, allows users to stake xDAI and receive BREAD tokens in return. The staked funds generate interest (sDAI), which is used to support collective projects within the Breadchain ecosystem, with allocation determined by monthly votes from BREAD token holders. This system promotes financial sustainability and community-driven decision-making while empowering cooperatives like the Crypto Commons Association, Labor DAO, and Symbiota Coop. Breadchain envisions creating a community currency and credit union model that redirects resources toward building a post-capitalist political economy.
Happy Hoomens is a blockchain gaming NFT project designed to bridge the gap between Web2 and Web3 gaming communities and charities through fun, educational initiatives. A portion of NFT sales will be donated to partner charities, alongside buybacks of the project’s token, TRTS, which will also be contributed to various non-profit organizations. The TRTS token will be used as an educational tool to engage and reward both charities and the community, focusing on a learn-to-earn and play-to-earn model. With future developments planned to expand its utility, the token aims to provide meaningful value to the Algorand ecosystem while supporting charitable causes.
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 on X/Twitter and join our newsletter today to receive daily value-packed web3 intelligence reports, blending LLM systems with human intelligence. Free users enjoy a lite version, while paid subscribers get full access. Check it out for free.