By Keone Hon ⨀

Compiled by: TechFlow

PART 1

The TowneSquarexyz team has greatly accelerated the onboarding of applications in the Monad ecosystem through Dapp abstraction technology. The video they showed clearly compares the onboarding process with and without Townesquare, and the results are very different. In addition to their clear vision, I also appreciate the thoughtfulness and fighting spirit of this team.

LEVR_bet is bringing leveraged sports betting to life. Leveraged sports betting allows users to bet with up to 5x leverage; this leverage comes from the odds being monitored in real time, and positions are liquidated if the odds drop too far. Real-time risk management (and the possibility of liquidation) increases the appeal and engagement of this model.

chippedsocial has launched a push-on nail polish with an NFC chip. They are playing in a huge market worth $1 billion per year and have managed to attract a lot of attention (3 million impressions) in a field that rarely considers female consumers. I like the expansion potential of this product because it involves decentralized identity, network creation and biohacking, while establishing a foothold in a highly viral and profitable niche market.

Hyperplex_xyz is developing a more capital efficient and versatile AMM where users can earn higher yields by lending their assets to other protocols through opportunities discovered by the system. Their presentation is concise and powerful, successfully communicating the value to the end user.

particleink is building a virtual world through AR technology, creating rich interactive and gamified experiences between us and the inhabitants of this world. The diverse game modes and beautiful visual effects immerse users in it. I like this open gameplay, and there are many unique innovations in user acquisition and function expansion.

DrakeExchange is developing a one-click perpetual contract DEX that combines a hybrid order book and AMM model to challenge the monopoly of CEX. The team quickly launched new features such as order expiration, margin collateral swaps, and stablecoins for funding rate arbitrage to create a feature-rich and smooth trading interface.

AccountableData is developing tools to improve the security of bilateral lending and custody with proof of reserves and precise tracking of collateral and liability. The team leverages the latest technology (currently TEE, plans to add ZKP) to securely monitor assets across different exchanges and counterparties. I appreciate their efforts (36 custom adapters have been developed) and the strong fit between the founders and the market, CEO Wojtek previously launched the credit department at Maven 11 and issued $1 billion in loans during the last bull run.

CadenceProtocol (Symphony) is building a one-click cross-chain perpetual contract aggregator. Users submit orders on one chain, and the orders are split into multiple sub-orders, which are executed by solvers on different exchanges or chains. Symphony provides users with AA wallets on each chain to ensure that users have full control over their positions on each chain, while the aggregation tool allows users to manage positions individually or as a whole. I appreciate the team's thoughtful consideration of user experience.

Ammalgam is developing a decentralized lending exchange (DLEX) that combines an AMM and a lending protocol. In addition to optimizing LP returns through lending opportunities, Ammalgam also provides innovative payment structures through pre-set strategies. I appreciate the team's ability to use mathematics to build practical payment models.

Plato2Earn is building a gamified dining experience that benefits diners, restaurants, and network participants. Diners are rewarded for patronizing local businesses; businesses gain access to user and purchase data; and Plato’s loyal users can stake on the success of restaurants. I like the unique perspective of this project and that Plato is entering a large market while having effective on-the-ground promotion in the community.

InfPools provides leveraged trading without liquidation risk, using a UniV3-style liquidity provider (LP) model that allows LPs to sell the right to exchange assets at a fixed price. The model allows borrowers to support their leveraged positions by paying a funding rate, eliminating liquidation risk. I appreciate the team's clear vision and focus on execution over the past two years.

rethinkablexyz (IntroLink) helps crypto users to significantly increase business development (BD) by creating and providing introductions. I like the team’s rapid development, they launched their Telegram app in a few weeks, and I am optimistic about its multiple potentials in the BD and recruitment fields.

Stay tuned for part 2!