Genesis | New Gaming and DeFi Tech

Welcome to Coinfeeds Genesis – your weekly journey into the dynamic and ever-evolving world of crypto. In this newsletter, we strive to be your trusted guide, providing clarity in the highly volatile and uncertain digital markets.

This week, we showcase 12 innovative projects, ranging from smaller startups to larger enterprises, all united in their pursuit of building with the latest technologies and captivating communities across diverse ecosystems and blockchain networks.

In the realm of blockchain gaming, we have seen continued evolution and expansion. Developers are building on existing foundations to introduce more sophisticated features, such as intricate play-to-earn models and advanced digital collectibles with in-game benefits. This trend signifies a deepening integration of blockchain technology, where games are not just offering token-based rewards but are evolving into complex ecosystems with richer player-driven economies and enhanced asset ownership models. It's a progression from initial blockchain gaming concepts towards more nuanced and immersive experiences, suggesting a maturation in how games are blending entertainment with digital asset interaction.

The DeFi sector is showcasing a continued advancement with the introduction of new networks and processes on top of traditional tech. While the core concept of decentralized finance isn't new, the sector is evolving with the inclusion of newer blockchain platforms, offering more diverse and efficient financial solutions. This includes innovative borrowing mechanisms, cross-chain interoperability enhancements, and sustainable yield-generation strategies. These developments indicate not just growth but a significant diversification within the DeFi space, as it moves to embrace broader capabilities and cater to a more extensive range of financial needs and blockchain environments. 

Here is a breakdown by sector:

Below is a selection of companies. To see some of our past issues, please go to

DeFi

Seamless is a decentralized lending and borrowing platform operating on the Base blockchain. It offers features like cross-chain token movement, undercollateralized borrowing, and integrated liquidity markets. The platform utilizes the $SEAM token for rewards and governance, allowing users to influence its future direction while participating in the DeFi ecosystem.

BitMask is a platform that enhances user interaction with the Bitcoin network through a browser extension. It offers a range of decentralized applications, including Bitcoin Finance and NFTs (UDAs), utilizing the RGB protocol. BitMask's extension ensures full financial sovereignty with its taproot-enabled Bitcoin and Lightning Network wallet. Key features include low-fee transactions on the Lightning Network, private and scalable RGB smart contracts, and Carbonado, a robust data storage format. The platform emphasizes user privacy and control, allowing the creation and trading of UDAs (Unique Digital Assets) on Bitcoin’s UTXO, with a focus on security and transparency.

Zero Protocol is a liquidity platform built on Polygon zkEVM that offers various avenues for generating yield. It prioritizes sustainability and longevity, providing substantial yield to veZERO holders. Zero has a grant program in collaboration with Polygon to support the growth of zkEVM DeFi. It has undergone security audits and offers options for managing liquidity through the ALM marketplace. The platform utilizes Uniswap V3's trading engine for concentrated liquidity, resulting in deeper pools and tighter spreads. Zero Protocol stands out from other DeFi projects with its unique features and partnerships.

Gaming

Influence is a space strategy MMO game that takes place in the Adalia system. Players embark on a journey to colonize asteroids, harness resources, and build a new civilization in the vast unknown of space. The game features 250,000 distinct, buildable asteroids, each with unique resources and bonuses. Players can participate in a player-driven economy, form alliances and corporations, and engage in epic PvP space battles. The game emphasizes strategic mastery and offers a variety of ships, buildings, and crewmates to customize gameplay. Influence is currently in limited release and offers exclusive access to upcoming release information, rewards, and early alpha testing.

ChronoForge is a multiplayer action RPG that combines traditional roguelike gameplay with strategic PvP and an evolving world map. Players team up online to embark on a hack and slash adventure through procedurally generated dungeons, facing ever-changing enemies and layouts. The game revolves around player-governed flying settlements that merge, upgrade, and can be destroyed based on collective decisions. In addition to gameplay, ChronoForge introduces digital collectibles that can be traded on the blockchain, allowing players to retain value for their in-game assets. However, traditional server-based accounts are also available for those who prefer not to engage with blockchain technology. The game aims to provide an ethical gaming experience and is partnered with a carbon-neutral layer for the Ethereum Blockchain. ChronoForge is developed by Minted Loot Studios in collaboration with Ammobox Studios.

Brilliantcrypto is a sustainable play-to-earn game that allows players to generate authentic gemstones and create real value. The game aims to bring the brilliance of gemstones into the digital world, where they can be used as a medium of exchange. Through gameplay, the value of these gemstones will be guaranteed by the millions of players participating, creating a "Proof of Gaming" system. The game takes place in a metaverse, where the value of digital data is crucial. While current NFT technology assures value for digital items with creators, Brilliantcrypto aims to provide value for gemstones, which have no creator. Players can excavate gemstones from mines and exchange them for tokens. The game features pickaxes and gemstones as NFTs, with the quality, carat weight, cutting style, and tone of the gemstones determining their value. The game is managed by artificial intelligence and incorporates history generation and fraud prevention through machine learning. Brilliantcrypto has a roadmap and partners, and is currently recruiting ambassadors.

Infrastructure

Daylight is a transaction engine that offers solutions for wallets, tools, and creators. It provides a platform for wallets and apps to drive more transactions and revenue by displaying recommended transactions to their users. For tools and creators, Daylight allows them to deliver their transactions to a wider audience by submitting their mints, claims, quests, and more. The Daylight API enables users to enrich their transactions by adding off-chain data. The platform also offers solutions for brands and creators to reach their community or collectors with relevant transactions. Overall, Daylight aims to make meaningful and relevant transactions easily accessible to users.

Lite.Space is a development portal that brings together developers and community members to accelerate ideas and development in the Litecoin ecosystem. They crowdfund Litecoin projects and aim to advance growth, research, contributors, partnerships, open-source development, decentralization, collaboration, knowledge, education, and community outreach. They are looking to support talented individuals and teams who share their commitment to decentralized open-source solutions and the future of Litecoin.

TLSNotary is a protocol that allows users to create cryptographic proofs of authenticity for any data on the web, including private information. It ensures data privacy by securely proving facts such as receiving private messages, money transfers, snapshots of webpages, blocked app usage, and account access. TLSNotary leverages the TLS protocol and secure multi-party computation to encrypt and authenticate requests to a webserver while preserving privacy. The protocol operates transparently to the webserver and can be outsourced to a Notary for verification and notarization of data. TLSNotary is an open-source project supported by the Ethereum Foundation.

Identity

The Praxis Steel Visa is an entry point to the Praxis Community, which aims to accelerate technological progress and solve the world's toughest problems. This visa will eventually become an official visa within the immigration framework of the host country. The specific features of the visa are still being negotiated, but potential benefits include permanent residency without restrictions, tax advantages, the ability to claim residency in Praxis, land ownership with freehold title, a path to citizenship in the host country, work authorization, simple business registration, and the inclusion of family members such as spouses, children, and parents.

Data

Ordinals Explorer is a platform that allows users to explore and discover rare ordinal inscriptions on Bitcoin. The platform provides access to the latest BRC-20 inscriptions. The platform also offers a BRC-20 API for easy access to the data. In addition, users can view all inscriptions, including the most recent ones. The platform currently shows inscriptions storing 14 GB of data and having collected a total of 2350 BTC in inscription fees.

Gambling

Coinduel is a platform that offers a better way to bet by connecting your wallet to chat. They have exciting features such as Dicing, Dice Duels, and Hot & Cold, which are coming soon. Coinduel also allows users to connect their wallets and provides a warning to double-check before sending ETH on the wrong chain.