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. APX Finance
APX is the leading decentralised exchange for crypto derivatives. It ranks first in derivatives TVL and volume on BNB Chain and also operates on major blockchains such as Arbitrum and Base. With a dual product offering of both order book and on-chain perpetuals, APX allows traders to capitalize on opportunities with up to 1001x leverage, zero slippage, and competitive fees. The platform stands out by providing liquidity providers (LPs) with high yield returns, leveraging majority-stablecoin ALP pools. Users can choose between V1’s order book perpetuals and V2’s on-chain perpetuals, enjoying tight spreads, minimal slippage, and reduced trading fees. Additionally, APX offers innovative perpetual contracts like TRUMPWINUSD, which is based on election prediction markets.
2. InceptionLRT
InceptionLRT is a cutting-edge restaking protocol in the DeFi ecosystem, designed to offer unmatched liquidity, speed, and security. Powered by the Flash Unstake mechanism and supported by node operators with Distributed Validator Technology (DVT), InceptionLRT addresses liquidity fragmentation, a common issue with isolated Liquid Restaking Tokens (LRTs). The protocol supports ETH native restaking and LST restaking with 12 different LSTs, and integrates seamlessly with multi-network restaking with EigenLayer, Symbiotic, and Nektar. InceptionLRT also enhances the omnichain experience with its xERC20 bridge, ensuring efficient cross-chain operations. With over 842+ ETH restaked and 1,500+ unique restakers, it delivers a cutting-edge restaking solution, with future plans of insurance on-chain against slashing. As a result, InceptionLRT is positioned as the next evolution in liquid restaking, driving the future of DeFi.
Neural Internet is an AI collective dedicated to pushing the boundaries of machine intelligence through distributed, decentralised solutions. Powered by Bittensor—a permissionless P2P digital commodity market—Neural Internet leverages a unique incentivized framework, $TAO, to create and participate in decentralised commodity markets (subnets). These subnets interact within a unified computing infrastructure, forming a self-sustaining supercomputer capable of continually advancing machine intelligence. Neural Internet operates as a validator on Bittensor, providing scalable and adaptable resources for AI development. Its mission is to challenge AI monopolies, ensuring that AI’s benefits are shared equitably across society. By constructing AI services through decentralised networks, Neural Internet aims to create a future where AI is a collaborative, accessible, and unbiased tool for collective empowerment.
4. Skies Verse
Skies Verse is the first Web3 post-apocalyptic tactical RPG with a fully player-driven economy and tokenomics. Set in a post-apocalyptic desert environment, players can mine resources, craft goods, manage businesses, and fight for control over key locations in a top-down RPG format. Skies Verse merges Web2 and Web3 GameFi technology, offering circular economies where players have full control over production and resource management. Developed by Galaxy4Games, the game leverages Unity 3D, Python, Immutable, and zkEVM to provide an immersive and strategic experience. Players explore locations, gather resources, and participate in an advanced crafting system, shaping the game’s economy while engaging in battles and resource competition.
5. Vorld
Vorld is an innovative Web3 platform dedicated to reshaping the gaming and entertainment landscape with a focus on delivering immersive experiences. Since its inception in 2021, Vorld has stood out by building transparently, refining its vision through rigorous testing and community collaboration. Vorld maintains a commitment to integrity, contributing to the ecosystem while proudly unveiling its journey in public forums and hacker houses. With a rich brand foundation, Vorld sets the stage for a wide array of promotional opportunities, including series, books, anime, toys, and board games. The Astrokidz collection, with its limited supply of 3,333, marks the genesis of the Vorld trilogy, offering game enthusiasts and collectors an exclusive entry into a narrative-driven universe. Additionally, Aquatica Odyssey, an expansive open-world adventure, enables users to explore and transform their virtual island into a base for ruling Aquatica, offering a unique fusion of game mechanics and an unparalleled gaming experience.
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 on X/Twitter and join our newsletter today to receive daily value-packed web3 intelligence reports, blending LLM systems with human intelligence. Free users enjoy a lite version, while paid subscribers get full access. Check it out for free.