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. Chihuahua

Chihuahua is a sustainable and eco-friendly Proof-of-Stake (PoS) blockchain that leverages the Inter-Blockchain Communication Protocol (IBC) for seamless interaction with other chains. Built on the Cosmos-SDK, Chihuahua offers a unique blend of decentralised technology and memecoin culture. By staking the native $HUAHUA token, users can earn rewards, participate in governance, and access the Community Pool containing over 14 billion $HUAHUA (valued at more than $2 million). Designed as Cosmos' memecoin 2.0, Chihuahua fosters a fun and inclusive environment for developers, gamers, and blockchain enthusiasts to engage in a vibrant and playful decentralised network.

2. DotSwap

DotSwap is a one-stop DeFi solution for all BTC assets, offering seamless minting and swapping of BTC assets, including Runes, BRC20, ARC20, and CAT20 tokens. With a low trading fee of just 0.6%, DotSwap ensures users enjoy swift and cost-effective transactions. Built to swap BRC20 tokens natively on Bitcoin (BTC) Layer 1, DotSwap utilizes PSBTs (Partially Signed Bitcoin Transactions) to reduce network fees and improve transaction speed. The platform enhances liquidity through its AMM model, allowing users to contribute BTC and BRC20 tokens to liquidity pools, earning rewards in the form of trading fees and $DSWP, the governance token. With secure multi-sig storage for funds and access to a wide range of BRC20 tokens, DotSwap offers a robust, secure, and reliable trading environment. Additionally, it provides real-time data visualization, including TVLs, pool sizes, and price charts, elevating the BRC20 trading experience.

3. Hatchyverse

Hatchyverse is the first decentralised intellectual property (IP) ecosystem that empowers creativity and collaboration within its community. It enables users to generate, share, and benefit from resources while contributing to the growth of the brand. Under the Hatchyverse IP, different products are created for various markets, including Hatchy Pocket, a high-fidelity, exclusive digital monster collectible series proven by NFT technology, and Hatchy Masters, an avatar system that revolves around the Hatchyverse, allowing users to create personalized personas. The platform fosters a positive feedback economy, where increased community engagement directly enhances value for all participants. Hatchyverse aims to democratize brand ownership and incentivize product development through a collaborative and transparent ecosystem.

4. Planq

Planq is a cutting-edge Ethereum-compatible layer-1 blockchain network built on the Cosmos SDK, designed with a vision to empower a global community through a mobile-first, decentralised, and permissionless ecosystem. Focused on making financial freedom transparent and accessible to all, Planq offers a seamless user experience where transaction fees are paid using the native token, $PLQ. For Web3 developers, Planq provides several compelling reasons to build on its platform: full EVM compatibility for effortless integration of Solidity and EVM tools, strategic partnerships like the one with Leap Wallet for easy dApp on-ramps, and access to the interoperable Cosmos ecosystem via the IBC-Bridge. Developers can also leverage wrapped versions of top global cryptocurrencies, compatibility with 30+ leading wallets, and advanced Ethereum developer tools, ensuring a versatile and robust environment for building decentralised applications.

5. Scoreplay

ScorePlay is a decentralised sports prediction marketplace that empowers users to take control of their bets through real-time, dynamic odds and blockchain technology. Unlike traditional betting platforms, ScorePlay eliminates intermediaries and fees, offering users the ability to create their own predictions or join others. Powered by DeFi, the platform leverages smart contracts, bonding curves, and liquidity pools to provide a transparent and fair betting experience, ensuring that all transactions are secure and immutable. By integrating blockchain and decentralisation, ScorePlay offers a more engaging, trustworthy, and user-driven alternative to traditional sports betting, appealing to both DeFi enthusiasts and sports fans alike.

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 sign up for our platform today to access daily Web3 intelligence.