Original title: (Monad Madness Bangkok winners revealed, a quick look at 7 winning projects)

Original source: TechFlow

Yesterday, Monad Madness Bangkok, a startup roadshow competition jointly organized by Monad and Paradigm in Bangkok, announced the final list of winners. The seven winning projects are: RareBetSports, Kizzy, Sparkball, Dusted, Pulse, Mozi, and Jigsaw.

Take a look at the winning projects and see what great new ideas we've seen in this issue of Monad Madness.

First place: RareBetSports - On-chain sports culture, competitive entertainment platform

RareBetSports is a sports competition platform based on on-chain decentralized technology. The platform mainly provides core services such as Daily Fantasy Sports and traditional sports betting.

In terms of technical architecture, RareBetSports is deployed on Monad, which uses smart contracts to automatically verify the results of events and distribute rewards. The platform supports more than 10 sports including football and basketball, and users can use cryptocurrencies such as USDC to participate in investment.

The platform's unique feature, the RareLink system, allows users to select a combination of athletes to participate in the competition based on their own analysis. In the Daily Fantasy Sports (DFS) mode, users need to form a virtual team under budget constraints and obtain points and rewards based on the performance of the selected athletes in actual competitions.

Currently, RareBetSports is developed and operated by a 10-person team across 4 countries and 5 cities, and the project is in the early access application stage.

Second place: Kizzy - a social platform for mobile devices

Kizzy is a Web3 social competitive entertainment platform focused on mobile devices. Users can compete with creators and influencers from major social platforms in the application.

Core Innovation

Kizzy’s feature is that it combines social elements with competitive gameplay. The platform has designed a customized event system that supports multiple game types and is equipped with a real-time odds calculation engine and risk control system.

The market logic engine is responsible for handling market creation, management and dynamic odds adjustment, and ensures the stability of market operation through multi-dimensional data analysis. Users can quickly participate in various market activities through the mobile interface, and the system supports offline access and real-time notifications.

Technical Architecture

The Kizzy platform uses NextJS to build the front-end interface, and uses PWA technology to provide a mobile experience close to native applications. The back-end is developed based on NodeJS, using PostgreSQL and Prisma to process transaction data, and integrating non-relational databases to cope with high-concurrency scenarios.

Kizzy's technical highlight is its practical and fully vertically integrated architecture, which is deeply customized from the oracle to the market logic to the user interaction layer. It is particularly noteworthy that its self-developed oracle system is different from traditional competitive platforms that rely on third-party oracles such as Chainlink. Kizzy's solution can adapt to different types of gaming markets more flexibly.

Currently, Kizzy is in the product iteration stage. The team focuses on technology research and development and continues to optimize platform performance and user experience. On the premise of ensuring compliance, the platform has chosen Web3-friendly markets for business expansion.

3rd place: Sparkball - 4V4 sports fighting game

Sparkball is a 4v4 MOBA competitive game developed by Opti Games. The core innovation of the game is to combine ball sports with fighting elements. Players need to control the ball and fight against each other and score in the opponent's goal. The game adopts the MOBA team battle mode of (League of Legends) while incorporating sports competitive features similar to (Rocket League). The special thing about Sparkball is that it does not deliberately emphasize Web3 attributes, but focuses on creating a high-quality gaming experience.

In terms of development progress, Sparkball plans to start the Season Zero test on November 21, 2024, and the full version is expected to be launched in the second quarter of 2025. At the same time, Sparkball has recently introduced Chog (a monad animal) as a game character.

Sparkball has currently received a $2 million investment from L1D and CMS Holdings, and has established a strategic partnership with the Web3 game distribution platform MON Protocol.

Community Award: Dusted, Pulse, Mozi

1. Dusted, a tokenized social protocol on Monad

Dusted is a social platform developed based on Monad. Its core function is to create tokenized chat rooms through the CommunityFi mechanism. The platform uses smart contracts to implement community governance, and token holders can participate in rule-making, content review, and feature voting.

Dusted chose Monad as the underlying public chain, mainly considering its advantages in transaction processing speed and scalability. The project adopts a modular design, including core components such as token gating system, decentralized identity authentication (DID), and cross-chain bridging. At the same time, Dusted implements a two-layer structure at the governance level: DAO governance is adopted at the protocol level, responsible for major upgrade decisions and parameter adjustments; at the community level, token holders are given governance rights over their respective closed communities.

It is worth noting that the CommunityFi model proposed by the project quantifies community contributions through tokenization, transforming user behaviors that are difficult to measure in traditional social platforms into verifiable proof of value on the chain.

In terms of application scenarios, Dusted mainly targets three types of user groups:

1. Content creators can issue community tokens to build a tokenized fan economy

2. NFT projects can create exclusive communities based on proof of holding

3. Web3 projects can use this protocol to establish a decentralized governance community

The project is currently in the early list registration stage, and more information is pending official announcement.

2. Pulse, life data on-chain, health value realization

PULSE (Pulse No Limits) combines blockchain technology with wearable health devices. The core product of the project is the Pulse One wearable device. This hardware has the function of collecting physiological data, including monitoring of indicators such as heart rate, blood oxygen, and activity level. It is equipped with wireless charging, has a battery life of 5 days, and has a built-in digital wallet function.

PULSE adopts a three-layer design architecture of hardware, software, and on-chain technology. The hardware layer is responsible for data collection; the middle software layer uses digital twin technology to integrate wearable device data with electronic health records and provide AI analysis capabilities; the bottom layer is also built on Monad to handle data encryption storage and access rights management. Through decentralized on-chain technology, PULSE realizes the confirmation and controllable sharing of health data. Users have full ownership of the data and can decide whether to share the data with research institutions or medical institutions. Users who share data will receive token incentives to form a data value exchange mechanism.

Currently, PULSE has completed a seed round of financing of US$1.8 million, with investors including Lemniscap and Collab Currency. The project plans to launch its product in the first quarter of 2025 and start building a data sharing ecosystem.

PULSE's application scenarios include personal health management, medical research data collection, clinical data analysis, and decentralized medical database construction. The project uses blockchain technology to solve the problems of ownership disputes and sharing restrictions faced by traditional medical data, and provides new solutions for the collection, storage, sharing, and application of health data.

3. Mozi, DeFi that combines PvP with liquidity management

Mozi is an innovative DeFi project built on Monad. Mozi defines itself as the first PvPfi (Player vs Player Finance) project on Monad. Its core feature is to combine the financial mechanism of PvP with the LST mechanism for game battles and profit acquisition. The entire project architecture revolves around the Vault system, which is responsible for the safe management of users' LST assets, and can intelligently distinguish between Yield and income, and realize automatic reinvestment of income.

In terms of revenue management, Mozi has designed a Leverage Yield mechanism that allows users to temporarily call Yield to increase the available revenue in the game. This design not only ensures that users can get more opportunities to participate in the game, but also ensures the stability of the overall staking revenue through a strict risk control mechanism.

The game system is another highlight of Mozi. The project has developed a multiplayer game based on LST, which ensures the fairness of the game through on-chain randomness. The income obtained by players in the game is directly linked to their staking income, forming a virtuous incentive cycle.

Mozi uses an automated vault management system, ensures asset security through smart contracts, has a completely transparent revenue distribution mechanism, and a verifiable randomness system. These technical features together build a safe and reliable DeFi gaming platform.

Mozi's biggest innovation is the successful combination of LST in DeFi and gamification scenarios, allowing users to enjoy staking income while also earning extra income by participating in games. The design concept of the entire system has always been centered around lowering the user threshold and transforming complex DeFi operations into an intuitive gaming experience.

Cohort Choice Award: Jigsaw - DeFi Protocol Based on Liquid Collateral

Jigsaw is a DeFi protocol based on the concept of liquid collateral. Its main product is the stablecoin jUSD issued based on the CDP mechanism. The core innovation of the protocol lies in the dynamic collateral mechanism. Users can continue to manage their assets after depositing collateral, including transferring and allocating collateral between whitelisted protocols.

In terms of technical architecture, Jigsaw adopts a modular design to separate collateral management, stablecoin issuance, and revenue strategy. Smart contracts ensure the safe transfer of collateral between different protocols, while monitoring the collateral ratio in real time through oracles. The system has set up a multi-layer risk control mechanism, including safety measures such as minimum collateral ratio, liquidation trigger conditions, and emergency suspension. At the same time, Jigsaw introduced a collateral revenue distribution mechanism. The revenue generated by users will be automatically distributed according to the preset ratio, part of which will be used to maintain system stability and part of which will be returned to users, trying to strike a balance between user interests and protocol security.

summary

Judging from the details of this award, the new projects of Monad Ecosystem are centered around themes such as gaming + social networking. These projects that are "closer to users" also reflect the real needs of the current market. With the advent of the bull market, the hot money in the market is more aggressive, and some projects that can be invested in funds, time and energy in a simple and fast manner are needed to meet user sentiment. The Monad Ecosystem is also sensitive to this trend and controls market demand in a timely manner. As the market environment continues to evolve, we look forward to more interesting and creative projects in the next issue of Monad Madness.

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