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. inSure DeFi
inSure DeFi is a community-driven crypto asset insurance ecosystem that allows users to insure their crypto portfolios by purchasing SURE tokens with fiat or other cryptocurrencies. The platform distributes the risk of crypto ownership across a liquidity pool, with insurance premiums dynamically priced using Chainlink’s technology. The capital required to back these risks is determined by the market pricing of SURE tokens and the community’s demand for portfolio insurance. Claims are processed through the decentralised inSure DAO, where community voters help identify and reject fraudulent claims, ensuring only legitimate claims are fulfilled.
2. BitDegree
BitDegree is dedicated to making Web3 and cryptocurrency education accessible and understandable for everyone, helping millions of users easily discover and learn about cryptocurrencies, price charts, top exchanges, and wallets all in one place. With its innovative Web3 exam and Missions, BitDegree takes a major leap in Web3 education, integrating gamification and incentivization to engage learners. The Missions feature a range of tasks, unique challenges, and an in-platform point system—Bits and Degrees—alongside rewards from BitDegree and its industry-leading partners, creating a dynamic and rewarding educational experience.
3. Avalon Labs
Avalon Labs is a leading marketplace for CeDeFi and BTC LSDFi lending, revolutionizing the Bitcoin ecosystem by unlocking trillions of dollars in BTC through its innovative CeDeFi lending platform. BTC holders benefit from the lowest fixed borrowing rates and flexible repayment options. Deployed across multiple networks, including Arbitrum, BNB Chain, Bitlayer, CoreDAO, Ethereum, and Merlin, Avalon Labs aims to be the premier lending platform within the BTC ecosystem. It features two core components: a decentralised lending protocol with an isolation pool mechanism for BTC LSDFi and a CeDeFi lending protocol that bridges DeFi with institutional CeFi liquidity providers.
4. Demex
Decentralised Mercantile Exchange, or Demex, is a comprehensive cross-chain platform built to be the only decentralised exchange (DEX) you’ll need, supporting spot, perpetuals, and futures markets, along with a cross-chain money market. Running on the Carbon blockchain, which is specifically designed for DeFi and trading with up to 10,000 transactions per second (TPS) using Tendermint consensus, Demex offers a fully decentralised, MEV-resistant, and fair trading environment. Its unique features include deep liquidity through combined order books and automated market makers (AMMs) backed by liquidity pools, nitro-fast trades with 1.8-second block times for rapid finality, and true fairness by treating all trades within a block equally. Demex enables true openness, allowing any token to be listed and any market to be created permissionlessly from IBC, EVM, and non-EVM chains. It serves as a one-stop shop for sophisticated financial instruments, allowing users to manage all trading activities from a single platform.
5. Normal
Normal is a Chicago-based cryptocurrency trading platform designed to provide an ETF-like experience while revolutionizing the blockchain marketplace. Since its inception three years ago, Normal has helped over 100 investors from seven countries diversify $200,000 into a broad range of cryptocurrencies, saving them more than $5,000 in trading fees. Normal maintains investor ownership of assets, allowing users to self-custody and access over 200 different coins. This approach enhances security by enabling investors to move their assets into a wallet or ownership structure tailored to their needs and allows 24/7 trading beyond standard market hours. Additionally, Normal offers opportunities for earning passive income through crypto lending and staking, with plans to launch interest-earning features soon. The platform’s unique structure and global reach set it apart by providing access without the hefty legal costs typical of institutional offerings.
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).