Project Spotlight #26
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. Chibi Clash
Chibi Clash is an innovative fantasy gaming universe that redefines the gaming experience by offering interconnected gameplay and transformative actions across multiple games. In Chibi Clash, every treasure and quest impacts the broader universe, unlocking new potentials and altering realities across the gaming landscape. The Chibi Clash universe includes Chibi Clash Kingdoms, a meta game centered around land ownership and powered by generative AI, where players accumulate Kingdom Points through strategic challenges. The universe also features Clash/Survivor, an action-packed web-based roguelike survival game integrated with the Kingdoms experience, allowing players to compete for rewards. Additionally, Clash/Hero, launching in the Google Play Store, is a mobile game targeting mainstream gamers that combines auto-battling with strategic item management in PvP combat. It introduces the revolutionary play-to-keep (P2K) mechanic, enabling players to forge in-game items into permanent NFTs, further enhancing the immersive and evolving Chibi Clash universe.
Davos Protocol is a Collateralized Debt Position (CDP) platform that enables users to lock up assets like Liquid Staking Tokens (LSTs), Liquid Restaking Tokens (LRTs), and other reward-bearing assets to borrow DUSD. The platform assigns specific Loan-To-Value (LTV) ratios based on the risk profile of each asset, with LSTs set at a 66% LTV to ensure DUSD is over-collateralized by 150%. This approach enhances ecosystem stability by adjusting over-collateralization according to asset risk. A unique feature of the Davos Protocol is its implementation of minting caps tailored to the risk factors of each collateral type, managing risk effectively by isolating assets into their own collateral pools with specific minting limits. This strategy minimizes systemic risk, bolsters liquidity, and ensures a secure borrowing experience.
3. Laso Finance
Laso Finance is a user-friendly platform offering a crypto prepaid card that allows users to spend stablecoins like DAI, USDC, and USDT with ease and without additional gas fees. The platform emphasizes simplicity and accessibility, requiring no personal information or credit checks for signup, and enabling instant issuance of the virtual card. Designed to be used wherever prepaid cards are accepted, Laso Finance ensures a seamless spending experience with peace of mind, backed by robust compliance measures. Additionally, the platform supports a variety of stablecoins and plans to expand its offerings, making it a versatile tool for digital asset management and everyday spending.
4. Panjea
Panjea is a blockchain-based content network designed to empower artists by providing a judgment-free platform where their creativity and the attention it garners are promoted and monetized. Utilizing a nodal framework, Panjea connects similar content across multiple media types and integrates an inbuilt economy that allows creators to earn 90% of net revenues. As a Web3 content network prioritizing creators, Panjea offers content creators the ability to shape, curate, and govern the network, voting on community rules and parameters. By mirroring the structure of the internet, Panjea facilitates collaboration, citations, royalty payments, and intellectual property protection, ensuring a sustainable and rewarding environment for creative expression.
5. Capverse
Capverse is a digital pet development and battle mobile game set in an interstellar civilization, where players can compete with pets called Sumers, summon new ones, and trade game assets in the market. Utilizing blockchain technology and NFTs, Capverse ensures that all in-game assets are privately owned by players, holding real value independent of the game platform. Committed to evolving the Play-to-Earn model into Play-and-Earn, Capverse offers a carefully designed and polished gaming experience, featuring a unique pet cultivation system, strategic battle mechanisms, and diverse gameplay. The game also emphasizes social interaction and team collaboration, enabling players to explore the Web3 game world together and create additional revenue opportunities through innovative "Play-to-Earn" and "Invite-to-Earn" mechanics.
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).