Project Spotlight #31

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. Envelop

Envelop is a multi-chain programmable asset protocol and NFT oracle that enhances crypto assets with advanced functionality. By tokenizing assets, Envelop offers features such as economic customization, on-chain royalties, rental mechanisms, and time, value, or event-based locks, while also providing devaluation protection and an antifraud system. The protocol wraps collateral—whether fungible (ERC-20 tokens or native coins) or non-fungible (ERC-721, ERC-1155) tokens—distributing royalties and adding value from transactions to the wrapped collateral. Envelop’s oracle tracks NFT and wNFT transactions, filtering out spam and determining the value of NFTs based on transaction data, ensuring a secure and efficient ecosystem for digital assets.

2. Laniakea

Laniakea is an innovative MMORPG that seamlessly bridges the quality of Web2 gaming with the autonomy of Web3 technology. It offers a vast universe where players can explore, interact, and compete while enjoying true ownership of in-game assets through blockchain and NFTs. With a development team of over 55 seasoned professionals from EA, Blizzard, Tencent, and Riot Games, Laniakea addresses the common issue of prolonged GameFi development timelines, ensuring a fully featured beta with PvE, PvP, and GvG battles by the end of 2024. Laniakea is set to launch a web-based Explorer Edition alongside Monad testnet luanch, meanwhile players can join Laniakea Community for community activites that might grant you chances to test out Laniakea Beta version ahead of anyone else and become an OG member. Laniakea redefines the gaming landscape by combining immersive gameplay with the freedom and security of Web3, setting a new standard in the Web3 gaming space.

3. Bonuz

Bonuz is a pioneering ecosystem that redefines user engagement by merging the power of Web3 with a fully non-custodial approach, ensuring complete ownership and limitless possibilities for users. At the heart of Bonuz is the Bonuz Mobile App, a social smart wallet that combines social media with on-chain identity, transforming engagement into a gamified real-world experience. Often referred to as a Super App, Bonuz offers all standard wallet features—such as sending, receiving, swapping, bridging, and staking—with unprecedented simplicity, thanks to account abstraction technology that streamlines actions to a single tap. Focused on simplicity, interoperability, and exceptional user experiences, Bonuz aims to reshape the future economy by offering innovative ways for users, creators, communities, and brands to interact, engage, and create value beyond traditional monetization.

4. SkyTrade

SkyTrade is a unique platform that enables air right to be monetized. Air rights are the legal right to use and control the space above buildings and land.
Air rights are essential for urban development and transport. They can be actively traded, transferred, and leveraged through SkyTrade, supporting vertical construction, preserving unobstructed views, and facilitating low-altitude drone operations. Investors can buy, sell, or rent air rights, enhancing their investment portfolios while ensuring clear drone corridors. SkyTrade helps users to take control of their low-altitude airspaces by providing seamless tools to register, manage, and govern access, transforming air rights into a valuable and tradable asset.

5. Harmonix Finance

Harmonix Finance is a sophisticated platform that brings hedge fund strategies on-chain to generate high yields for investors. Leveraging the latest decentralised finance (DeFi) technologies, Harmonix provides a secure and transparent environment for both seasoned traders and newcomers to invest with confidence. With a mission to democratize the financial landscape, Harmonix aims to make high-level investment opportunities accessible to a broader audience, empowering investors with greater financial freedom and the potential for significant returns.

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).