Original author: TechFlow
At this time when the market is wavering and a little tired, Alliance is going to the market with its latest batch of incubated projects.
As the largest accelerator in the crypto world, Alliance has incubated projects that are currently well-known to the market, such as Tensor, Pendle, and Synthetix. The recently popular crypto consumer applications Fantasy.top and Pump.fun were both incubated by Alliance. Fantasy.top and Pump.fun are now among the top ten cryptocurrency protocols in terms of fees and revenue generated, surpassing a number of established L1s.
Last week, 12 crypto startups successfully "graduated" from the Alliance. Among them, projects in the currently popular RWA, AI, and DePIN tracks accounted for the majority. The selection of incubation members reflects the Alliance's close understanding of market hotspots and industry narratives.
In addition to controlling the current hot narratives, several projects in this issue focus on developing the crypto market in Asia, Africa and Latin America, reflecting the current trend of the crypto field expanding into third world countries.
Here are the 12 startups:
1. Villcaso
Product direction: US real estate tokenization
Project Twitter: https://twitter.com/Villcaso
Introduction:
Villcaso tokenizes U.S. real estate on-chain in a compliant manner. Now global users can participate in U.S. real estate investment by holding Villcaso's on-chain token $USH (U.S. Housing), solving the problems of policy compliance and high entry barriers faced by non-U.S. residents when investing in U.S. real estate.
2.GoBankless
Product direction: Cross-border cryptocurrency payments in Africa
Project Twitter: https://twitter.com/gobanklessapp
Introduction:
GoBankless builds a compliant stablecoin cross-border payment system for African SMEs. The project helps SMEs convert cash into stablecoins. Through on-chain cross-border payments, it helps African SMEs avoid Swift's 20% handling fee and long settlement time, solving the huge pain points of African SMEs. Currently, GoBankless has provided services to more than 400 express delivery companies and 49 bank branches in Africa.
3. Wasabi Protocol
Product direction: NFT and MEMECOIN derivatives trading
Project Twitter: https://twitter.com/wasabi_protocol
Introduction:
Wasabi Protocol is a Web3 long-tail asset derivatives exchange built on Blast Chain, providing users with leveraged trading of high-volatility assets (such as NFT, MEMECOIN), as well as NFT options, asset pledge, and fragmented NFT trading. It is also the first project to provide derivative trading for ERC 721s and ERC 404 asset protocols, while actively promoting the solution of liquidity problems of memecoin with cultural attributes. Within a few months of its launch, Wasabi attracted more than 30,000 users and the platform transaction volume exceeded US$200 million.
4. Lulubs
Product direction: Provide fiat currency exchange for Central America
Project Twitter: https://twitter.com/lulubitapp
Introduction:
The $70 billion Central American market is still dominated by P2P networks with high transaction fees and poor user experience in cryptocurrency transactions. To solve this pain point, Lulubit provides fiat-to-cryptocurrency exchange services for Central American users. Users can directly buy or sell cryptocurrencies using bank accounts and use debit cards to spend cryptocurrencies. In less than a year, Lulubit has attracted more than 18,000 users. The product currently serves residents of Panama and Guatemala and will soon expand to other parts of Central America.
5.ZwapX
Product direction: Tokenization of luxury watch transactions
Project Twitter: https://twitter.com/zwapxofficial
Introduction:
Traditional luxury watch trading platforms such as Chrono 24 and Montro have shortcomings such as imperfect watch authenticity identification technology, which has led to endless fraud incidents surrounding luxury watch transactions. In order to combat fraud, traditional platforms must rely on a deposit escrow system to solve this problem.
ZwapX solves this problem by hosting watches for customers instead of funds. After registering the watch information, users can send the watch to ZwapX's warehouse in Geneva. Professionals will check the authenticity and quality of the watch before it is put into storage. After confirmation, ZwapX will exchange the watch for the corresponding on-chain token. Users can choose to hold or freely trade the watch token. If the transaction is successful, the funds are immediately delivered to the seller, and the buyer can exchange the token for a physical watch at any time or use it as collateral in DeFi.
6.Fractal Payments
Product direction: stable currency cross-border payment
Project Twitter: https://twitter.com/FractalPayments
Introduction:
Fractal Payments is a global cross-border payment platform that supports stablecoin settlement, with transaction fees 3 times cheaper than Swift and settlement speed 6 times faster. Traditional cross-border payment solutions face high fees, slow processing times and complex usage barriers.
Fractal Payments is fully licensed in the EU and currently supports payments in over 60 countries. This allows businesses to price transactions in fiat currency while using on-chain stablecoins for fast and low-cost settlement.
Currently, Fractal Payments has been connected to applications such as Zerion and is widely used.
7.Code
Product direction: Artificial intelligence code generation platform
Project Twitter: https://twitter.com/CodigoPlatform
Introduction:
The availability of AI models depends largely on the quality of the model training data. However, it is difficult to obtain training data because the relevant fields are usually not well classified and the quality of the models varies. Currently, Codigo is committed to helping users easily obtain high-quality training data. The Codigo platform uses tokens as incentives to provide customers with high-quality data sets through data crowdsourcing and centralized review, while providing training services for segmented professional models for high-risk AI financial sectors. It is worth mentioning that Codigo's initial focus was on encrypted source code, which has abundant data and excellent quality. Their beta tool generated more than 4 million lines of code in just 6 months.
8.Accrue
Product direction: Cross-border payments in underdeveloped areas of Africa
Project Twitter: https://twitter.com/useaccrue
Introduction:
Accrue provides a virtual payment card creation service for users in Africa. On the Accrue platform, African users can top up virtual cards with USD stablecoins through various channels including banks and use USD stablecoins for transaction settlement. This method reduces cross-border settlement costs in Africa by nearly 10 times, and reduces settlement speed from 2 weeks to within 5 minutes. Currently, Accrue has been launched in 7 countries and regions and integrated into Opera, Africa's largest payment wallet application. Since its launch, Accrue has processed more than US$5 million in transactions.
9.Fig
Product direction: CeFi options tokenization
Project Twitter: https://twitter.com/FigPlatform
Introduction:
Fig focuses on the CeFi options market, which is much larger than the CeFi perpetual contract market. It tokenizes complex options to help users easily use options for on-chain investment portfolios and gain profits using complex hedging strategies.
Four months since the project went online, Fig's options trading volume has exceeded US$50 million, and the ecosystem TVL has exceeded US$10.2 million.
10.0 G
Product direction: AI on-chain data availability solutions
Project Twitter: https://twitter.com/0G_labs
Introduction:
0 G lbs is the first modular AI chain, which is building a programmable data availability solution to solve the large amount of data storage and throughput problems required for on-chain artificial intelligence operation, dividing data into two stages: publishing and storage. According to official introduction, this architecture is 50, 000 times faster than leading data availability solutions such as Celestia, while costing 100 times less.
11. Therefore
Product direction: Using DePIN devices to build Google maps on the chain
Project Twitter: https://twitter.com/dp_proto
Introduction:
Proto's DePIN network uses token incentives to provide the latest map drawing services for emerging economic and industrial regions through geographic data uploaded by users' mobile phones. Uploading geographic data through users' mobile phones can solve the problem of large map operators such as Google not updating information in a timely manner due to dense urban center construction and rapid changes in geographic information in developing countries such as Mumbai and Bangalore.
Within a few months of its launch, Proto has achieved 75% Google Maps coverage in Bengaluru, while also providing new coverage in areas that were not covered by Google Maps.
12. Dinar
Product direction: Tokenization of U.S. stock securities
Project Twitter: https://twitter.com/DinariGlobal
Introduction:
Dinari is a securities asset trading platform for Web3. Dinari uses smart contracts to tokenize securities called dShares, allowing users to trade traditional securities assets such as stocks, bonds, ETFs, etc. on the chain. Currently, Dinari only runs on Arbitrum and supports the use of stablecoins such as USDC, USDC.e and USDT to pay for transaction Gas, without the need to prepare native tokens such as ETH.
