How the infrastructure of blockchain projects is structured and what roles they play in the market

In order to better understand how the infrastructure of blockchain projects is structured and what roles they play in the market, we need to consider several key aspects. In this section, we will break down the projects by their functions, show their interconnections, and explain how they interact with each other and with the main blockchain network.

Main categories of infrastructure projects:

1. Oracles:

- ChainLink (LINK): Connecting smart contracts to external data.

- Band Protocol (BAND): Providing reliable data for smart contracts.

- API3 (API3): Connecting smart contracts to external data.

2. Smart contracts and dApps:

- Astar (ASTR): Creation and management of smart contracts and dApps.

- Clover Finance (CLV): Platform for developing smart contracts and dApps.

- AltLayer (ALT): Creation and management of smart contracts and dApps.

3. Cross-chain exchanges and interactions:

- Wormhole (W): Moving assets and data between blockchain networks.

- Axelar (AXL): Infrastructure for cross-chain exchanges.

- Radworks (RAD): Digital asset management with smart contract support.

4. Digital identity and data management:

- Civic (CVC): Digital identity management.

- Selfkey (KEY): Identity and digital identity management.

- Litentry (LIT): Digital identity management.

5. Internet of Things (IoT):

- IoTeX (IOTX): Bringing security and privacy to the IoT.

- VeChain (VET): Supply chain management using IoT.

6. Decentralized platforms for developers:

- Gitcoin (GTC): Funding open source projects.

- FIO Protocol (FIO): Simplifying interactions with cryptocurrencies.

- Dymension (DYM): Creation and management of digital assets and smart contracts.

7. Data monetization:

- Measurable Data Token (MDT): Monetization of user data.

- Ocean Protocol (OCEAN): Platform for data exchange and monetization.

- JasmyCoin (JASMY): Data management and monetization.

Interrelation of projects:

1. Blockchain network (for example, Ethereum):

- The main network on which smart contracts and dApps operate.

- Oracles such as ChainLink enable smart contracts to connect to external data.

2. Smart contracts and dApps:

- Projects such as Astar, Clover Finance and AltLayer create smart contracts and dApps on the blockchain network.

- Smart contracts use data provided by oracles to fulfill the terms of the contracts.

3. Cross-chain exchanges:

- Projects such as Wormhole and Axelar provide interoperability between different blockchain networks, allowing assets and data to be moved between them.

4. Data and identity management:

- Projects such as Civic and Selfkey are using blockchain to manage digital IDs and identities.

- These platforms ensure the security and privacy of user data.

5. IoT and supply chain management:

- IoTeX and VeChain provide security and traceability of data in IoT networks and supply chains.

6. Decentralized platforms for developers:

- Gitcoin and FIO Protocol provide tools and funding for developers to build new applications and improve the experience with cryptocurrencies.

7. Data monetization:

- MDT and Ocean Protocol allow users to share their data and be rewarded for it, creating new monetization opportunities.

Infrastructure map:

1. Basic blockchain (Ethereum, Binance Smart Chain, etc.):

- The main network on which all projects operate.

2. Smart contracts and dApps:

- Astar, Clover Finance, AltLayer, etc.

- Development and deployment of applications.

3. Oracles:

- ChainLink, Band Protocol, API3, etc.

- Providing data for smart contracts.

4. Cross-chain exchanges:

- Wormhole, Axelar, etc.

- Move assets and data between networks.

5. Data and identity management:

- Civic, Selfkey, Litentry, etc.

- Ensuring data security and confidentiality.

6. Internet of Things (IoT):

- IoTeX, VeChain, etc.

- Ensuring security and privacy for IoT.

7. Decentralized platforms for developers:

- Gitcoin, FIO Protocol, etc.

- Support for the development of new applications.

8. Data monetization:

- MDT, Ocean Protocol, JasmyCoin, etc.

- Creating opportunities for data monetization.

How it works:

- The underlying blockchain provides the infrastructure for executing smart contracts.

- Oracles connect smart contracts to external data.

- Cross-chain platforms allow interaction between different blockchains.

- Smart contracts and dApps use data and interact with users.

- Data and identity management ensures security and privacy.

- IoT platforms integrate devices into the blockchain.

- Decentralized platforms support developers.

- Data monetization platforms allow users to earn money from their data.

This diagram allows us to understand how different projects interact with each other and with the main blockchain network, creating an ecosystem that supports the development and use of decentralized technologies.