In the past few days, Bitcoin and Ethereum have experienced some minor declines, influenced by Federal Reserve Chairman Powell's tough remarks about keeping financial conditions tight and interest rates high for a long time. According to Glassnode’s latest weekly newsletter, 97.5% of short-term Bitcoin holders are currently experiencing unrealized losses.

But from a long-term investor perspective, I fully believe that the crypto market is likely to see an infusion of new money in the coming months, and that in the near future (perhaps as soon as next year) we may have a Waves are good.

Therefore, at this stage, what we have to do is still to pay attention to and discover projects with potential. Today, we continue the topic of projects and share with you a few recent projects that we think are worthy of attention.

The first project is AllianceBlock (NXRA)

AllianceBlock is a DeFi protocol for real-world assets (RWA) with the vision of connecting the traditional financial world with the DeFi field.

Enterprises can use AllianceBlock to issue, manage, trade and provide liquidity for digital assets as well as tokenized real-world assets. Simply put, AllianceBlock can tokenize physical assets such as real estate, stocks or financial debt into digital tokens. At the same time, it will also provide comprehensive infrastructure and solutions for enterprises and financial institutions, including providing liquidity, asset management, trading and regulatory compliance in a decentralized environment.

The 2nd project is StrikeX (STRX)

StrikeX allows for the trading of tokenized real-world assets in a secure and compliant manner, with its primary focus being the tokenization of global stock markets.

Currently, the StrikeX ecosystem mainly consists of five core products, namely TradeStrike (trading platform), Stock Token Bridge (that is, a stock token bridge that can create tokenized assets fully supported by underlying real-world assets), StrikeX Wallet , TradeX (DEX platform), Xchain (customizable private proof of authority EVM compatible network).

The 3rd project is MicroVisionChain (SPACE)

MicroVisionChain (MVC for short) is a Bitcoin virtual machine. We can also directly understand it as a Bitcoin Layer2 network. MVC is a blockchain platform based on the UTXO model (Unspent Transaction Output, unspent transaction output) and PoW (Proof of Work, workload proof) consensus, aiming to provide Web3 applications with high performance, low fees and high Decentralized infrastructure.

The token of MVC is SPACE, which is distributed through Proof of Building (POB) to encourage users and community members to participate in the construction and governance of MVC.

The 4th project is Oraichain (ORAI)

Oraichain is an AI-powered oracle and blockchain ecosystem. At present, Oraichain's core products mainly include AI Oracles (artificial intelligence oracles), DEX, Oraichain data center, Oraichain artificial intelligence market, NFT, GameFi, etc.

Oraichain's native token is ORAI, which is an ERC20 token in Ethereum and a BEP-20 token in BSC. ORAI's purpose is primarily to power a decentralized oracle network, where validators stake tokens to participate in block creation and respond to data requests. In addition, ORAI holders can actively participate in platform governance through voting.

The 5th project is Bittensor (TAO)

Bittensor is an open source protocol focused on AI/ML that enables scalable, globally distributed, decentralized neural networks. The Bittensor model can also perform value transfer and data learning from other AI models, and there is no AI information island.

TAO is Bittensor's token. It has very similar token economics to BTC. The total supply is also 21,000,000. It has a huge network with Proof of Intelligence as the consensus, allowing machine learning and decentralized AI mining. mine. What’s more “interesting” is that TAO also has a halving cycle, but based on the current situation, it is estimated that TAO will not reach a full supply of 21 million until 2213.

Bittensor's first product name is Chattensor, which is an AI chat assistant robot.

The 6th project is Neutron (NTRN)

Neutron is a permissionless CosmWasm platform on which smart contract applications can be deployed without the need for whitelist verification through governance voting. By leveraging the security of the Cosmos Hub, Neutron will become the most secure CosmWasm platform in Cosmos.

For example, to provide security, Cosmos Hub will receive 25% of transaction fees + 25% of MEV revenue + 7% of NTRN supply from Neutron as an initial distribution.

NTRN is Neutron's token with a total supply of 1 billion, of which 54% is allocated to the Neutron DAO, 34% to the founding team and early supporters, and 12% to the community for airdrops.

The seventh project is Onomy Protocol (NOM)

Onomy Protocol is an interoperable Layer 1 ecosystem developed based on Cosmos and consists of four core products, including: ONET, ONEX, Onomy Access and ORES.

ONET is a Layer1 based on Cosmos, providing a two-way bridge for public chains inside and outside the Cosmos ecosystem, such as Near, Aurora, Avalanche, Polygon, etc.

ONEX is an order book-style decentralized DEX designed to replicate the traditional centralized exchange experience, solving the world's massive needs in an on-chain, decentralized and non-custodial way.

Onomy Access has the ability to stake NOM to mint stablecoin Denoms, which includes staking, governance, transferring assets, and even viewing your NFT collection from multiple blockchains. And, all this is done on a single wallet application.

Onomy Reserve (ORES) is a non-custodial multi-chain mobile wallet APP that uses NOM as collateral and Denoms can be used for foreign exchange trading, payments, remittances, lending and settlement.

The 8th project is Nexa (NEXA)

Nexa is also a UTXO-based blockchain that operates as opposed to the “account” model like Ethereum. It creates an EVM-like execution environment and claims to be able to process more than 10 billion transactions per day. Nexa aims to provide a decentralized platform suitable for P2B and B2B transactions to meet the needs of global users.

The 9th project is Canto (CANTO)

Canto is an EVM-compatible Layer1 blockchain purpose-built for DeFi and is part of the Cosmos (ATOM) ecosystem of interoperable chains and decentralized applications (Dapps). Canto is committed to providing users with free DeFi infrastructure services and aims to serve users as a Free Public Infrastructure.

Currently, Canto's core products mainly include three, namely Canto DEX, Canto Lending Market (CLM) and NOTE.

Canto DEX is an AMM DEX developed by the Canto team, which uses a constant sum formula for stablecoin pairs that require centralized liquidity and a constant product formula for assets that require unlimited liquidity.

CLM is a lending market forked from Compound v2, with governance in the hands of CANTO stakers. The LP tokens obtained by providing liquidity to Canto DEX can be deposited into CLM as collateral and lent out other assets. But the LP token itself cannot be lent.

NOTE is an over-collateralized “stablecoin” within the Canto ecosystem that can only be obtained by borrowing from CLM. NOTE prices co-integrate with the US dollar but are not pegged. NOTE mainly serves the Canto ecosystem as a stablecoin "soft-pegged" to the US dollar.

CANTO is Canto's native token, mainly used for network security, gas fees and governance, with a total supply of 1 billion. However, CANTO is designed for limited issuance, and its annual issuance will continue to decrease over time. The additional CANTO will be distributed to pledgers through staking rewards.

The 10th project is Taraxa (TARA)

Taraxa is an EVM-compatible smart contract platform based on t-Graph consensus utilizing blockDAG, designed to solve real-world problems through Web3.

The 11th project is Constellation (DAG)

Constellation is a truly decentralized, infinitely scalable DAG protocol. And it has led to the development of so-called Layer0 standards that facilitate communication, commerce and data collection across a wide range of networks.

The Constellation Layer0 standard is the backbone for HGTP-based blockchain applications, much like WordPress is for HTTP-based websites and businesses. The Constellation Network provides an optimal financial status channel and decentralized data market, which is said to be considerably more suitable for the data flow of individual and enterprise users.

Currently, the biggest competitor of Constellation (DAG) should be VeChain.

The 12th project is Combo (COMBO)

COMBO is a leading provider of extension solutions for Web3 game development. It is also the first game-centric optimistic rollup on the BNB chain.

Currently, COMBO is building an open source, decentralized, game-oriented Layer 2 accessible to everyone by utilizing the world's top game engines. Designed to maximize the potential of Web3 games by connecting game developers to the entire ecosystem in an efficient, cost-effective, and secure manner.

They also plan to provide an efficient hosting system while also serving as an incubator for blockchain game developers. Its goal is to form a global community of gamers through investment vehicles and distribution platforms, and create a user-friendly ICO structure that is conducive to the global success of blockchain games.

To achieve this goal, COMBO provides many tools and resources, including the Creator game engine that enables game creators to develop games without extensive programming experience.

COMBO tokens are native digital assets within the Combo ecosystem and are designed to incentivize and reward community participation and expansion. The total supply is constant at 100 million.

The 13th project is Nakamoto Games (NAKA)

Nakamoto Games is a play-to-earn gaming platform that provides a variety of interesting crypto games. Any developer can launch their own game works on the platform and earn revenue from it. Currently, Nakamoto Games is building a complete ecosystem for playing money-making games, not just a single game.

In addition, in addition to publishing various encrypted games themselves, they will also encourage third-party developers to add their games through SDK, in order to increase the number of games released on their platform and attract more players.

The 14th project is Aleph Zero (AZERO)

Aleph Zero is an interactive public chain based on Directed Acyclic Graph (DAG) with PoS consensus mechanism and Substrate framework, aiming to solve the problems of security, scalability and decentralization.

The Aleph Zero protocol is unique in that it is focused on the development of privacy-preserving distributed ledger technology that can provide solutions to current infrastructure shortcomings that exist in multiple industries such as healthcare, automotive, IoT, and more. The distinguishing features of Aleph Zero are its high speed, scalability, and enhanced privacy features. On the privacy side, Aleph Zero has created a privacy solution called Liminal that can be adapted to other chains.

The 15th project is LooksRare (LOOKS)

LooksRare is a community-centered NFT market and a token-incentivized NFT platform that returns platform profits to the community. That is to say, whether you are a creator, collector or trader, you are eligible to receive LOOKS tokens through this platform.

Currently, users have three main sources of income on the LooksRare platform:

One is to trade NFTs on LooksRare to obtain LOOKS tokens.

The second is to earn APY through staking. That is to say, LooksRare will redistribute the collected transaction fees to stakers as APY rewards.

The third is to obtain rewards by providing liquidity. For example, you can obtain rewards by providing liquidity on Uniswap through the LOOKS-ETH token pair.

Okay, the above is all the content shared through "Hua Li Huawai" today. Let’s summarize and review together at the end. This article is one of a series of articles analyzing Hua Li Huawai’s projects. It mainly introduces some recent projects that deserve attention, including NXRA, STRX, SPACE, ORAI, TAO, NTRN, NOM, and NEXA. , CANTO, TARA, DAG, COMBO, NAKA, AZERO and LOOKS.

I hope today’s sharing can be helpful to everyone. If you have any questions related to the blockchain field, you can leave a message or ask a question in the community, and we can discuss it together.

Special thanks for this article: critopaul, 0xTHades, Senka (cover design)

Disclaimer: The above content is only a personal perspective and analysis. It is only for science learning and communication among enthusiasts and does not constitute any investment advice. Investment is risky, please treat it rationally, increase risk awareness, and abide by the relevant laws and regulations of the country and region where you are located!