5 New Projects with a launch Underway
Today I'm gonna share five upcoming projects that will be launched in the near future that has the potential to be the next moonshots, obviously do your own research and get a 2nd opinion from someone, all of these aren't 100% vetted projects by me. Whatever is gonna be the launch exchanges and actual dates remain to be unknown for most of these as of right now.
Our first token is called WAXE, which is Ethereum ported token representing 1000 WAXP tokens, so don't get these confused.. there is also WAXG which can be seen as an investment but out of the two new ethereum based tokens I would say WAXE > WAXG at the moment.
WAXE — a new Ethereum ERC20 utility token. A WAX Token holder wanting to participate in the WAX tokenomics will burn his/her WAXP tokens to receive WAXE (using the Ethereum bridge) and then deposit WAXE and ETH into WAXE-ETH Liquidity Pool.
For the full breakdown of this token please head to their medium article or watch part of the video to get the full just of this https://medium.com/wax-io/coming-to-wax-a-new-wax-tokenomic-model-cd0616a069e9
Next on the list, we have a DeFi project that is going to be a cross-chain released project this includes chains such as ethereum, polkadot, kusama, darwinia, and even Cardano in the future. We are expected to see the release of this service Q1 of 2021 on Kusama and Polkadot preceded by Ethereum in this December likely, but we might see that release window getting stretched. They have already released a bunch of NFT's on Ethereum which are quite cool and the community seems large for the time being.
- Versatile - Use any chat app to make escrow for Crypto assets
- Innovative - Features Trustless Swapping and recurring payments
- Interoperable - Works across different chains
- Transparent - Activity happens on the chain
The Bondly Native Substrate Blockchain is designed to support the lowest cost transfer for assets, which may give it a good edge over the other competitors in the space.
MoonBeam Network (https://moonbeam.network)
Then we have another Polkadot project called MoonBeam network with their native token called Glimmer (GLMR) which serves utility token to pay for smart contract executions, transactions fees, while also being used for staking and governance.
As a decentralized smart contract platform, Moonbeam requires a utility token to function. Our token, Glimmer (GLMR), is central to the design of the network and can’t be removed without sacrificing security and essential functionality.
Moonbeam is much more than just an EVM implementation: it’s a highly specialized Layer 1.5 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.
No release date has been given so far for the Glimmer Token.
Next up we have a new oracle token under ethereum that is utilizing zero knowledge proofs to make private smart contract transactions. allowing the oracle data flow without being shown to competitors which may allow forms of privacy for people who are worried about their intellectual property being stolen.
Zoracles was designed to provide confidential data to smart contracts. We have developed our oracle solution by randomizing the sources of
information and cryptographically constructing proving schemes and verifications for private data delivery.
Our approach can address the oracle problem of accessing off-chain data for smart contracts while providing a high degree of security using abstract proofs. Most decentralized oracle networks haven’t developed zero-knowledge proofs or any data privacy. Their focus has been creating adapters or
cryptoeconomic incentives for staked validators.
You can read more about tokenomics here regarding Zora 2.0 and their plans https://zoracles.medium.com/zora-2-0-upgradeable-token-401c651b96cc
Mina Protocol (https://minaprotocol.com)
Our last project on the list is actually not a token, but its own blockchain. Which seems to be worlds lightest blockchain only 22Kb making it super accessible for phone users for instance.
Other protocols are so heavy they require intermediaries to run nodes, recreating the same old power dynamics. But Mina is light, so anyone can connect peer-to-peer and sync and verify the chain in seconds. Built on a consistent-sized cryptographic proof, the blockchain will stay accessible — even as it scales to millions of users.
The project was previously known as Coda Protocol, I'm not sure why they rebranded but the new name is good tho. They also recently got 10.9$ Million dollar funding from Asia based investor groups https://minaprotocol.com/announcements/o-1-labs-raises-usd10-9-million-in-strategic-investment-round-to-accelerate which is a bullish signal.
Obviously, it's super risky and hard to start a new blockchain out of the blue and making it competitive. Currently we don't know the exact release date for this project.
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