Genesis | Canto Craze, and more Remilia Launches

Welcome to Coinfeed’s Genesis, your weekly guide to the dynamic and ever-evolving world of Crypto. In this newsletter, we aim to bring you the latest updates, developments, and notable companies that are shaping the future of the crypto space.

Each week, we dive into the realm of digital currencies and explore the groundbreaking projects, promising startups, and established players that are driving innovation in this rapidly changing landscape.

This week, we saw a variety of projects from Remilia Corp., the company behind the Milady NFT collection. Recently, they launched an accompanying token for their flagship NFT project as well as a variety of derivative NFT projects. This all comes after Elon Musk tweeted a meme featuring one of their NFTs which caused the ecosystem to explode in value. They have begun to release more information about their overall ecosystem roadmap and we are excited to see the new innovations surrounding them. 

The Canto Network, a new general purpose Layer 1 Blockchain we have recently featured on Genesis has seen rapid growth recently with the implementation of Contract Secured Revenue (CSR) which allows protocols and dApps to earn a share of the gas fees paid on their sites. This has helped incentivize new builders as well as existing services to migrate to the network. 

We explore these trends and others in this week's newsletter. We hope you can find value in these insights and help you to develop your own opinions and ideas about the future of this ever growing space.

This week, we have sourced 27 companies, here is a breakdown by sector: