2023 Cryptocurrency Project Analysis Series: KUJI, DUBBZ, HILO, RVF, BANANA, HERA, ATOR, PAAL

话李话外 · 2023-10-24T08:21:36.000Z

After a long sleep, I woke up and found that many people were getting excited again. Those brothers who were trapped in the last bull market and are currently delivering food seem to have abandoned their electric cars and sat in front of their computers to tweet and shout: The cows will come back soon! For many people who have been suffering in the bear market, today is indeed an exciting day. In just a few minutes, Bitcoin rose to 32,000 US dollars, and then 33,000...34,000...35,000 US dollars, reaching a new price high since 18 months. . Moreover, the price of the perpetual contract in B’an almost exceeded $36,000. BTC appears to be emerging from the bear market as calls for a Bitcoin ETF grow. This morning, Brother Yu, a K-line expert in the group, also shared a picture of the key time points for the review of Bitcoin spot ETF applications. Judging from various time points, it seems that the hope of ETF is getting closer and closer.

After waking up from a nap, I found that many people were getting excited again. Those brothers who were trapped in the last bull market and are currently delivering food seemed to have thrown away their electric bikes and sat in front of their computers to tweet and shout: Come back soon, bull market!
For many people who have been suffering in the bear market, today is indeed an exciting day. Bitcoin rose to $32,000 in just a few minutes, and then $33,000...34,000...35,000, reaching a new high in 18 months. Moreover, the price of the perpetual contract in B-An almost broke through $36,000.
As the calls for Bitcoin ETFs grow louder, BTC seems to be emerging from the shadow of the bear market. This morning, the K-line expert Yu Ge in the group also shared a picture of the key time points for the application review of Bitcoin spot ETFs. Judging from the various time points, it seems that the hope of ETFs is getting closer and closer.
Once the Bitcoin spot ETF is approved, trillions of dollars of institutional funds may be invested in Bitcoin. But no matter how long it takes for the ETF to be passed, we can see from the extreme price performance last night that the market may be ready to welcome the spot ETF and start the next bull market!
But at this stage, there are still market risks. In short, don't go all in! While staying calm, we still need to keep learning and researching. Today, we will continue to sort out the first phase of projects for you, and then share several potential projects that are worth paying attention to in the near future.
The first project is Kujira (KUJI)
Kujira is a decentralized financial hub built on the Cosmos SDK and designed for protocols, developers, and users in the Web3 space, allowing seamless access to the entire Cosmos ecosystem.
At the same time, it can also meet the DeFi needs of users. Users can flexibly and easily transfer a range of crypto assets from Ethereum, Cosmos-based networks and other major blockchains through the official Kujira Bridge, and can realize smooth transactions of various crypto assets such as Ethereum, stablecoins and native KUJI.
Kujira also has its own stablecoin, USK, which is backed by a range of different collateral such as ATOM, wBTC, and wETH, with a total value locked currently exceeding $30 million.
(The above picture comes from Kujira’s official website)
The second project is Dubbz (DUBBZ)
Dubbz is a combination of GameFi and GambleFi, building a SaaS and esports platform that combines the excitement of esports with the transformative power of blockchain, providing a new approach to game monetization where users can monetize their skills and creations in the competitive gaming space.
Dubbz is also a platform that connects traditional games and Web3. They work with game developers to integrate dAPPs into traditional games and provide monetization and exposure for their products. Players are able to use their existing Dubbz balances in the game, eliminating the need for players to have separate tokens for each game.
Furthermore, holding a certain number of DUBBZ tokens will also provide access to 50% fee discounts on platform competitions, exclusive tournaments, early access features, and more.
(The above picture comes from Dubbz official website)
The third project is HILO (HILO)
HILO is a prediction platform that uses Binary Options (sensitive words, you can translate it yourself), through which users can bet on the rise or fall of token prices.
HILO also appears to be the first project in the space to allow users to go long and short on new, trending, and popular tokens. It is said that they will expand this model to include betting on various events other than token prices.
(The above picture comes from HILO official website)
The fourth project is RocketX (RVF)
RocketX is a hybrid aggregator of DEX and CEX, through which users can exchange or transfer crypto assets between more than 200 blockchains.
It is worth mentioning that the design of the platform is also relatively simple. They support (aggregate) up to 270 CEX and DEX, and more than 20,000 tokens through a single UI.
(The above picture comes from RocketX official Twitter)
The fifth item is Banana Gun (BANANA)
Banana Gun is a TG robot based on the ETH network. You can snipe, buy, sell or transfer tokens with simple commands. It is definitely a great trading tool for trading those newly listed garbage coins.
Banana Gun's main competitor is the well-known UNIBOT. We have published previous articles on the detailed usage of BANANA and the introduction of UNIBOT. If you are interested, you can refer to the historical articles of Hualihuawai.
Recently (October 13), Banana Gun released a new limit order function and will launch the BANANA BONUS reward program. As shown in the figure below.
(The above picture comes from Banana Gun official Twitter)
The sixth project is Hera Finance (HERA)
Hera is an AI-driven multi-chain DEX aggregator. Its biggest feature is the use of artificial intelligence to find the best exchange routes across blockchains (that is, it will distribute your transactions to multiple liquidity sources in the most optimized way), which will enable users to get the most out of transactions in any token pair.
Currently, the project is running on the Metis and ARB networks, and is said to be launched on the ETH network soon.
(The above picture comes from Hera official Twitter)
The seventh project is Ator Protocol (ATOR)
Ator is a project in the privacy field. The protocol uses a token reward mechanism to effectively incentivize the addition of more relay nodes, thereby improving the service performance and privacy protection capabilities of anonymous networks such as Tor.
Specifically, ATor rewards relay node operators who make useful contributions to the anonymous network by distributing ATOR tokens. For supported protocols (such as Tor, an anonymous tool), operators can register their own relay nodes to the Ator system by registering ETH addresses. After registration, these relay nodes can continue to provide services to the network as usual. After that, relay node operators can understand their contribution to the network by checking the decentralized contribution indicators published on Arweave (AR), and obtain the corresponding amount of ATOR reward tokens accordingly. ATOR itself is stored and distributed through the ETH blockchain, so the node operators who receive rewards can choose to withdraw ATOR to their own ETH wallets.
Simply put, ATOR is not just a token, it also enhances the performance of Tor, and with its on-chain incentives and novel technology, it should be a dark horse in the privacy track.
(The above picture comes from Ator’s official website)
The 8th project is PAAL AI (PAAL)
PAAL is an AI ecosystem that uses custom data sources and has chatbots based on artificial intelligence and ML (Machine Learning) technology, designed to simplify tasks that usually require human intelligence, such as natural language understanding, decision-making, and trading. If you understand it in plain language, you can think of it as a cryptocurrency version of ChatGPT.
Last week (October 18), PAAL AI announced that it had joined the NVIDIA Entrepreneurship Program. The NVIDIA program aims to help startups grow faster through innovative technologies and will accelerate the development of PAAL AI in many ways. This is also good news for PAAL AI, because NVIDIA will create new opportunities for PAAL to explore the mining market with its AI product suite, so that PAAL AI will be further expanded and gain more share in the AI ​​field.
At present, PAAL AI not only has a good product, but also has excellent marketing. If the AI ​​track explodes, this project will probably also rise.
(The above picture comes from PAAL AI official Twitter)
Special thanks to: CryptoNikyous, 0xTHades, Senka (cover design)
Note: The above content is only a personal point of view and analysis, and is only for the purpose of popularization and communication among crypto enthusiasts, and does not constitute any investment advice. The crypto market is an extremely high-risk area, please treat it rationally, improve risk prevention awareness, and abide by the relevant laws and regulations of the country and region where you are located!