Project Spotlight #38

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. aiSports

aiSports is the first Play-to-Earn (P2E) predictive sports gaming platform developed for the Flow Ecosystem, offering a unique way for users to engage with sports and earn rewards. Players create lineups, enter contests, and win prizes that can be used to buy NFTs, with winnings tallied and payouts awarded weekly. aiSports features a signature Free Entry model, allowing anyone who owns a moment to participate in contests, embodying the true essence of Play-to-Earn gaming.

2.  OpenSky Finance

OpenSky Finance is a hybrid NFT lending and borrowing protocol powered by Aave, offering both peer-to-pool instant loans and peer-to-peer bespoke loans, with the unique ability for borrowers to switch seamlessly between these two loan types in a single transaction. It introduces a discrete time-based liquidation (DTBL) mechanism that enhances borrower experience while minimizing the risk of bad debt by limiting potential liquidations to certain periods. Integrated with Aave, OpenSky allows lender deposits to flow directly into Aave’s secure smart contracts, enabling lenders to earn passive income from Aave while also gaining interest from instant loan borrowers with full capital efficiency. As the first NFT lending protocol combining peer-to-pool and peer-to-peer lending functions, OpenSky empowers lenders to use their Instant EARN pool deposit tokens (oTokens) for peer-to-peer loan offers, earning potentially higher returns if a bespoke loan is executed, while continuously earning from the Instant EARN pool if no bespoke loans are made.

3. Stakely

Stakely is a professional Staking-as-a-Service company based in Spain, specializing in Proof-of-Stake blockchains. Since its launch in 2020, Stakely has optimized its infrastructure, monitoring, and automation systems to deliver exceptional performance and security for over 40 blockchains. In addition to operating blockchain infrastructure, Stakely actively contributes to the blockchain ecosystem through open-source developments, free tools for developers and community members, and educational content. Leveraging advanced technology and deep industry expertise, Stakely is committed to making staking accessible and rewarding for all participants.

4. Ostium

The Ostium Protocol is an open-sourced, decentralised exchange built on Ethereum Layer 2 Arbitrum, providing transparent and non-custodial perpetual exposure to Real World Assets. Designed to enable fully on-chain trading, Ostium allows users to trade perpetuals on a wide range of assets, including Forex, Commodities, Indices, and blue-chip Cryptocurrencies. Users can also deposit stablecoins to supply liquidity to the protocol and actively contribute to its development by engaging in community discussions and providing product feedback through open forums.

5. Websea

Websea is a Web3.0 digital asset trading platform tailored for the global youth, offering a dual-account security system, intelligent copy-trading, and innovative services that make entering the Web3.0 world convenient, fast, and secure. The platform’s native token, WBS, is designed with Web3 attributes, allowing users to earn substantial rewards and value returns while participating in Websea’s integrated social, entertainment, and gaming ecosystem. Through its user-centric approach, Websea empowers young individuals to engage confidently in the evolving digital landscape.

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).