Today, I’ll share more Alpha with you.
With decentralization becoming an increasingly popular concept, new innovative blockchain-based projects are coming out regularly and they offer exciting opportunities.
In this post, we’ll cover 5 fresh projects I’ve extensively researched and I’m keeping my eye on as they’re likely launching their tokens by the end of this year.
1. Root Protocol
Root protocol aims to bridge the gap between the traditional web and the decentralized web by developing and incubating new DeFi protocols.
DeFi is fragmented and hard to use, and Root wants to render its user experience simpler, faster, and safer to onboard users that would otherwise never venture into the world of DeFi.
By building an ecosystem of novel and easy-to-use DeFi protocols called Stems, Root earns revenue and shares it with holders. So far, two Stems have been developed: Torus and Cordyceps.
Root captures value from key protocols across multiple blockchains by establishing a Governance Layer called Orchard on top of them, and is thus focusing on sustainable and diversified revenue streams.
$ROOT is the core token of the Root Protocol ecosystem. It can be staked for $veROOT to vote on Root governance proposals and earn rewards in the form of ROOT.
$ROOT TGE (Token Generation Event) is scheduled for July 26th. The total supply of the ROOT token is capped at 110 million with 12,6 million circulating supply at launch.
The initial price of the ROOT token will be 13 cents with a 1.17 million initial market cap. The tokens will be vested for 9–24 months, depending on the category.
Find out more about ROOT tokenomics and emissions on their Twitter. You can also follow the project on Twitter.
2. Lingo
Lingo is the first startup that leverages blockchain technology and real estate assets to reward its community with vacations.
Lingo leverages blockchain technology to acquire and accumulate real estate. By being backed by physical assets, Lingo offers a lower level of risk compared to other DeFi options. Furthermore, real estate not only preserves its intrinsic value but also serves as a hedge against inflation and market volatility.
Whenever Lingo is traded, the transaction fees are invested in real estate. Real estate yields are used to buy back LINGO tokens every month. These tokens are airdropped to the community in the form of “miles”, which can be redeemed at over 1 million hotels worldwide.
Lingo has a large team of experts and advisors with extensive real estate market experience.
Investing in the LINGO token is currently open to early investors. There will be a public presale in Q3 and a public launch in Q4 of 2023.
Follow the project on Twitter for up-to-date info.
3. Fusionist
Contrary to popular belief, Web 3 gaming is not dead.
Fusionist is a next-gen gaming platform that is creating a scalable multi-gaming ecosystem built on Unity, offering high-quality AAA gameplay.
While most Web 3 games and metaverse platforms are far behind traditional games in terms of game quality, Fusionist stands out.
The project wants to raise the quality benchmark of web3 games by leveraging the team’s extensive gaming experience.
The team behind it consists of gaming industry veterans from Tencent Games, Electronic Arts, and Moonton Games. They bring 16 years of combined experience in developing PC and mobile games using the most advanced game development methodologies and technologies.
Fusionist has raised 6.6 million in a Seed round led by #Binance Labs and FunPlus #Games and is also the only Web 3 game on Steam, the largest gaming distribution platform.
The games will initially be launched on the BNB Chain before expanding to other Layer-1 networks.
Fusionist launched its mainnet called Endurance on Jan 30, 2023. $ACE is the native token of Endurance and will be airdropped to early users by the end of 2023. Learn more on the Fusionist’s Medium account.
The project already has over 700k followers on Twitter.
4. Spin-Fi
Spin-Fi is a decentralized trading platform built on the NEAR Protocol, with expansion to Polygon’s ZK-EVM underway.
Spin wants to offer DeFi users a CEX-competitive user experience with no compromise on security, speed, transparency, and trading costs.
It offers spot trading with low fees, instant trade execution speed, and deep liquidity; instant swaps; perpetual futures with up to 10x leverage; and Automated Investment Products (AIPs) that offer users one-button risk/reward optimized strategies with a simple user flow.
Spin has recently reached $1 million in TVL.
The SPIN token was set to launch in July but this has been postponed. It will have a maximum supply of 1 billion tokens with an initial circulating supply of 48,5 million and an initial market cap of $2,425,000.
SPIN will be used as a governance token and to pay out rewards to investors, traders, and liquidity providers.
Follow the project on Twitter to stay up-to-date.
5. Narwhal Finance
Finally, Narwhal Finance is a decentralized perpetual trading platform on BNB Chain and Arbitrum.
The platform wants to offer bottomless liquidity and minimal slippage to let users trade a wide range of leverages and pairs (Crypto, Forex, Stocks, and Indices) without KYC, geographic restrictions, or high exchange fees.
Narwhal Finance also focuses on decentralized social trading with copy-trading strategies.
The protocol uses USDT as collateral when opening trades, NLP as the liquidity token, and NAR as the protocol’s governance and utility token.
The project recently raised $1M in a seed round led by #AnimocaBrands .
The team successfully launched mainnet deposits for the NLP token and the NAR token should be launched in the coming months.
Stay up-to-date on their Twitter account.
Zooming Out
In this article, I covered 5 emerging crypto projects I’m actively following as I find them highly promising based on my research.
From gaming, real-world assets, DAOs, and decentralized exchanges, the above projects cater to various interests.
Remember to conduct your research, stay updated on announcements, and seize the opportunities that these projects present.
I am not affiliated with any of these projects. I simply find them promising based on my research criteria.
Disclaimer: This content is for educational purposes only and should not be considered as financial or any other advice. Always do your own due diligence before investing your hard-earned money.
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