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. Quartz
Quartz is a self-custody DeFi debit card designed for web3 natives, enabling faster, cheaper, and safer crypto conversions. Powered by Solana, Quartz allows users to spend their crypto in the real world anywhere Mastercard is accepted while keeping funds on-chain and under their control at all times.
2. Last Network
Last Network is a revenue-generating blockchain that reinvests cash flow back to its users, incentivizing growth. It features a twin-chain protocol design comprising a high-throughput, low-fee EVM L2 backed by a decentralised L1 Utility Chain. This innovative design secures cashflow-enabled assets and generates chain-owned revenue from various expanding sources, providing robust infrastructure services and fostering user engagement.
STYLE Protocol aims to enhance monetization and utilization of Virtual Assets across any game, metaverse, or virtual world through NFT-sublicensing mechanisms. The protocol facilitates true interoperability of Virtual Assets and NFTs, enabling their use across various digital environments. STYLE Protocol envisions becoming the leading multiverse-backbone, maximizing the utility and value of smart Digital Assets and Virtual Goods.
Qitmeer Network is a high-performance public blockchain based on the revolutionary MeerDAG consensus protocol. It aims to provide secure, reliable services for distributed applications and the financial ecosystem, fostering decentralised networks and societal openness. Operating on a Layer1 + Layer2 architecture, Qitmeer utilizes the BlockDAG consensus protocol as its "engine", enabling rapid execution of smart contracts and interconnecting the entire blockchain ecosystem via a cross-chain container layer. This integration offers an efficient scaling solution, addressing the blockchain impossible triangle problem by striking a perfect balance among security, decentralisation, high performance, and scalability.
Fyde Treasury Protocol introduces auto-rebalanced and liquidity-optimized "Liquid Vaults" managed by AI to the crypto space. These vaults help users lock in gains, earn yield, and maintain liquidity, thereby growing their crypto holdings with reduced volatility. The first vault, accessible through various tokens, aims to deliver broad crypto performance with lower downside risks. Depositors receive $TRSY tokens, representing their share of the vault, which is auto-rebalanced and AI-managed. Fyde’s governance token, $FYDE, enhances yields and ensures deep liquidity for $TRSY, enabling users to compound their growth efficiently.
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).
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.
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