Genesis | Specialized Chains
Genesis | Specialized Chains
Welcome to Coinfeeds Genesis — your weekly guide to trending early-stage startups from the dynamic world of blockchains and cryptocurrencies. In this newsletter, we seek to provide clarity and valuable data for navigating the public and private markets in this evolving space.
Here is the complete, newly published database featuring all of the Genesis companies scouted since the newsletter’s launch, including the associated data for a comprehensive overview of our latest findings:
Crypto Startups Intel
This week, we’re featuring 13 projects, ranging from smaller projects to more established startups, all united in their pursuit of building new technologies and communities across different ecosystems.
The common thread among these projects is their focus on creating specialized, efficient blockchain solutions. Aggregators are optimizing liquidity and trading across multiple platforms, while purpose-built Layer 2s are enhancing scalability and speed for specific use cases like DeFi, gaming, or privacy.
Developer tools are pushing the envelope with advanced features like zkVM, WASM, and cross-chain compatibility, making it easier to build and deploy decentralized applications with enhanced security and performance.
Here is a breakdown by sector:
Below is a selection of companies. To see some of our past issues, please go to:
DeFi
Spicenet - a hyper-fast L2 trading platform built as an app-rollup, designed for efficient and reliable trading experiences. It hosts the modular and extensible derivatives protocol, Dexterity, initially developed on Solana but now modified for Spicenet.
Mach - a DeFi platform offering instant, chain-agnostic swaps, allowing users and dApps to move assets across different blockchains quickly and cheaply. With a focus on speed and efficiency, Mach eliminates the need for liquidity pools, using an optimistic, intents-based framework and escrow system to match onchain demand with offchain supply.
Phoenix Hub - a DeFi platform built on Soroban within the Stellar ecosystem. It offers a range of DeFi services, starting with a DEX. Users can add liquidity to pools, swap tokens with ease, and track their assets efficiently.
Gas.zip - a fast, one-stop gas refuel bridge supporting over 200 blockchains. It enables users to bridge to multiple blockchains with a single inbound transaction, instantly settling across all selected chains. Gas.zip also supports 40+ LayerZero chains using the LayerZero v2 protocol.
Ranger Finance - the first perpetuals aggregator on Solana, offering deep aggregated liquidity from top DEXs like Drift and Jupiter. It features smart order routing for optimized execution and provides real-time data and analytics for informed trading decisions.
Developer Tools
OP_NET - a platform that enables developers to build and deploy smart contracts directly on the Bitcoin blockchain. Using AssemblyScript, which compiles to WebAssembly, OP_NET provides a flexible environment for creating decentralized applications.
DarkFi - an L1 focused on anonymous engineering, allowing developers to create privacy-first applications. It features zkVM and WASM runtime, enabling completely anonymous smart contracts. DarkFi's testnet includes demo applications like anonymous transfers, swaps, and DAOs.
Infrastructure
MegaETH - the first real-time blockchain, delivering over 100,000 TPS with sub-ms latency. It offers full EVM compatibility, enabling developers to build and deploy decentralized applications that are both fast and scalable.
GhostGraph - a smart contract indexing platform that allows developers to build indexers directly in Solidity, aligning with their smart contract language. It facilitates the definition of schemas with Solidity structs and enables the creation of event handlers and indexing logic.
Prediction Markets
Sweep.gg - a sweepstakes platform that allows users to make predictions on the performance of their favorite live streamers, such as predicting wins or kill counts. By placing predictions, users earn sweepstakes entries, increasing their chances of winning prizes.
Domain Names
D3 - an interoperable network that connects Web3 ecosystems to the traditional internet using the DNS infrastructure. They focus on creating new TLDs for Web3, such as the newly approved .APE domain backed by ApeCoin DAO.
Gaming
Geist - a curated blockchain platform designed for exclusive, high-quality crypto gaming experiences. Built on the Arbitrum stack, Geist combats issues like botting and high player churn by limiting rewards to invited members only, ensuring that real users benefit.
Decentralized Social
Ham - a decentralized platform that enhances social interactions by allowing users to tip and reward content on Warpcast using Ham tips, which are backed by the $TN100x social token. The platform also features "Floaties," which are emojis with real currency value that can be sent as comments.