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. Archax
Archax is the first digital securities exchange regulated by the FCA in London, targeting institutional investors. It offers brokerage, custody, and crypto services too, bridging the blockchain and traditional investment worlds. Founded by experts in traditional capital markets, Archax leverages its deep understanding of blockchain and tokenization. Its infrastructure is robust, and scalable, and integrates seamlessly into institutional trading workflows, providing a transparent environment for digital asset trading.
2. Parallax
Parallax offers a seamless solution for international payments, catering to freelancers, remote workers, and global professionals. It provides near-instant transactions with low fees and competitive exchange rates, starting with USD virtual accounts for users outside the U.S. Parallax enables easy conversion to local currencies and is expanding its range of financial products globally. The platform is designed to be 2x faster and 3x cheaper than traditional methods, leveraging modern technology to deliver cost-efficient and rapid payment solutions.
3. LogX
LogX is the premier Perpetual DEX on Layer 2 networks, boasting over $16B in trading volume and 160k traders within a year. Backed by investors like Sequoia Capital and Coinbase Ventures, it features a user-friendly interface and rapid order matching on proprietary infrastructure. Operating on 15+ networks, LogX offers two products: LogX Pro for experienced traders, and LogX OG, with an AMM-based DAMN pool for new traders. Its low-cost, high-liquidity model, AI trading bots, and strong composability make LogX a standout in decentralised trading.
Interchain Info (ICI) is a comprehensive Web3 wiki and content aggregation hub designed for open community contributions. It serves as a central resource for users and developers to explore, understand, and engage with various Web3 tools and projects. Offering both free and paid services, ICI distinguishes itself as a grassroots, privately funded venture without VC backing, ensuring a user-focused, unbiased platform. This approach allows ICI to maintain neutrality and prioritize the end-user experience in delivering accurate and accessible Web3 information.
5. Swapsicle
Swapsicle is an innovative decentralised exchange (DEX) platform, primarily deployed on Telos EVM and Mantle, offering a secure, fast, and scalable trading environment. It features a unique dual token economy with Swapsicle v2’s SLUSH and ICE tokens, enhancing user flexibility and rewards. SLUSH tokens form the core of the platform, while ICE tokens are used for farming rewards and community incentives. The platform also introduces Ice Cream Zombie NFTs, providing benefits like reduced defrosting times, exclusive staking mechanisms, and profit airdrops, underscoring its community-centric focus.
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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