On June 23, the financing platform CoinList announced the 2022 summer seed projects, and 6 projects were finally shortlisted. Including Arrow Markets, an Avalanche-based Web3 options trading platform, Candy Shop, a Solana-based NFT market creation tool, Decent, a music creator platform, Loop Crypto, a Web3 automated trading tool, Mystiko.Network, a Web3 privacy infrastructure, and TeleportDAO, a cross-chain infrastructure.
secondary title
1.Arrow Markets
The name Arrow Markets was inspired by Nobel Prize-winning economist Kenneth Arrow's insight that options contracts could form the basis for financial asset prices, allowing a rich variety of derivatives to be constructed from simple options products and structured products.
two pool system
The dual pool system supports Arrow's option creation and settlement functions. The first pool holds the net premium (long-short) from options trades, as well as collateral from sellers. AMM sets a premium (price) for buying and selling, and the liabilities of the trading pool are dynamically hedged through the automatic hedging engine. The second pool is the insurance pool of the system. Insurance providers are compensated for the remainder of the transaction pool and transaction fees.
investor
The project is very early, and the investment institution is currently in the first round, and the second round will be ushered in later. Currently, Avalanche is well-known.
2.Candy Shop
Candy Shop is a JavaScript library that allows anyone to create an NFT marketplace on Solana in minutes.
Candy Shop provides an easy-to-integrate marketplace protocol and toolset with a full set of data endpoints and command APIs to help users provide a simple, seamless and efficient NFT marketplace experience.
Advantages of Candy Shop:
NFT on-chain transactions are powered by the Metaplex auction house program. Easy to integrate, create a fully functional marketplace in minutes. Have a high-performance NFT trading market without having to maintain your own backend.
A silky user experience that provides an easy and user-friendly experience for browsing, buying and selling NFTs. With lower fees for buyers, users save money when trading on your marketplace. Split the fee and earn 20% of the 1% transaction fee.
NFT listings will be featured on LIQNFT.com, giving your project greater visibility while still retaining control and ownership of your own marketplace.
Key highlights:
Based on the SOL market
Custom SPL token market
Multi-currency market (e.g. SOL + SPL tokens)
Multi-Favorites Market
Fully Customized Marketplace
auction [currently only on devnet]
Verified NFT Collectibles [Coming Soon]
Credit card payment [coming soon]
3.Decent
Decent is a music NFT platform, a royalty-backed NFT marketplace.
Artists face huge barriers to entry in the music industry. Decent's mission is to accelerate the growth of artists and help them get more value out of their careers. Just as streaming platforms democratized viewers, the goal is to democratize ownership and engagement with Decent.
How does Decent's royalty NFT work?
1. Artists commit to a percentage of future streaming royalties for a fixed period of time.
2. Artists issue NFT through Decent, fans can buy it, and support the artist's growth by providing early-stage funds.
3. Artist royalties are transparently accounted for on-chain in Decent's treasury.
4. The royalties will generate income in Decent's treasury during the commitment period. Royalty is more valuable on Decent.
5. By holding artist NFTs, fans can access closed communities and earn rewards within Decent.
6. NFT can be traded on the secondary market at any time. For some releases, Decent provides instant and guaranteed liquidity, so trading should be done on those release pages.
7. After the royalty commitment period ends, fans can exchange Decent for NFT.
8. Redeemed NFT holders will receive free NFT tokens for continued access to the artist community and early fans.
Why lock in royalties?
It enables NFTs to be traded on secondary markets at the fully weighted value of the royalties collected during the commitment period. Distributing royalties during this time erodes the fundamental value of each NFT. Minting of NFTs will take into account some expected royalties, and each transaction after the first distribution will receive less royalties. Trading is important because it's how fans realize the future value of their royalties. With Decent's NFTs, every transaction during this period should be worth more than the royalties that would have been distributed. Decent's unique system gives artists and fans the best chance to capture the maximum value in each NFT's lifetime.
4.Loop Crypto
Loop Crypto is a Web3 automation tool that makes it easier to automate repetitive transactions.
The Loop Crypto product suite includes on-chain smart contracts and off-chain tools, designed for web 3 companies, DAOs and investors. Loop Crypto believes in a decentralized, interoperable future and focuses on the automation of crypto transactions to accelerate future development. Loop Crypto allows users to spend less time on manual tasks and more time building web 3.
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Bring automation to your workflow
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Spend less time signing, more time building
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Unlock new customers and support web3 growth
Loop allows you to reach a new customer base that is web3 native and wants or must (eg DAO) to transact in crypto.
investor:
The project has completed a $4 million seed round of financing led by a16z, and other investors include a_capital, Alchemy Ventures, CoinList, Lauren Stephanian, Paul Veradittakit, Imran Khan, Alex Svanevik, etc.
The investors of this project are well-known and top-notch, which can also prove that the future blockchain development will be inseparable from the concept of web3
5.Mystiko.Network
Mystiko.Network is the Web3 privacy infrastructure that provides connectivity and confidentiality for all blockchain data, transactions and applications.
Mystiko.Network is not building a privacy coin, nor is it a coin mixer. Mystiko.Network is building the ultimate general web3 privacy infrastructure through PaaS (Privacy as a SDK).
for the blockchain. Any L1 and L2 can utilize Mystiko as a privacy layer to keep mainnet tx confidential in both single-chain swaps and cross-chain transfers.
for the bridge. Any bridge can utilize Mystiko to become a privacy bridge, enabling cross-chain transactions with complete financial privacy.
For the wallet. Any wallet can leverage Mystiko to enable private asset management and private transaction functionality.
For Dapps. Defi dapps like Dex can utilize Mystiko to become a private Dex. Crypto payment dapps can leverage Mystiko to privatize c2c and c2b payments by securing the receiver's earnings history on-chain.
Core functions
ZK of ZK: EVM is compatible with zk-rollup + zksnarks transactions. This zk design of zk guarantees scalability and privacy.
Highly compatible: Mystiko SDK is compatible and can be easily integrated into any L1, L2 blockchain, any cross-chain bridge, any wallet, any dapp, and anywhere financial privacy is required.
Low Transaction Fees: Mystiko.Network transaction gas fees are 50-90% lower than all major existing private transaction solutions.
The public chains currently supported by Mystiko.Network are: LayerZero. Celer. Polygon. Av
Alanche. ETH . BNBChain
6.TeleportDAO
TeleportDAO is an asset cross-chain protocol that allows users to transfer or exchange assets or data (Token, NFT, contract calls, etc.) from different chains.
TDT is its native token, which is a governance token used to motivate TeleportDAO participants and can also be pledged by users. To deploy the TeleportDAO smart contract, the target chain must be programmable, but it does not require whether the source chain is programmable. TeleportDAO does not rely on third parties. It uses Relay as its bridge, and all cross-chain data is verified through smart contracts.
Two Dapps are built in TeleportDAO, namely cross-chain transfer and cross-chain exchange. In cross-chain transfer, users can transfer their Tokens from the source chain to the target chain, and can also move assets from the target chain back to the source chain. The process is bidirectional. In cross-chain exchange, users can exchange their assets on the source chain for other assets on the target chain.
This project is currently very early, with very little news, and we can wait for the follow-up development.
