Genesis | Starknet Projects and New Derivatives
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 42 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 lead-up to an imminent airdrop, we have seen an increase in projects being built on Starknet and utilizing the network's impressive scaling technology. These initiatives, leveraging the cutting-edge capabilities of the technology, are reshaping a variety of different sectors including decentralized exchanges as well as NFTs. By harnessing StarkNet's scalability and efficiency, these projects have found innovative solutions to long-standing challenges such as gas fees and transaction speed. As anticipation for the airdrop builds, these ventures symbolize the evolving potential of Starknet and its ability to drive groundbreaking changes in the realm of digital assets and trading platforms.
A trend is emerging in DeFi, marked by the rise of innovative on-chain derivatives. These derivatives, inspired by pairs trading strategies, enable users to create products based on the performance relationship between different assets. Offering market-neutral hedging and multi-asset speculation opportunities, these derivatives reflect the dynamic evolution of DeFi, unveiling fresh avenues for decentralized financial strategies.
Here is a breakdown by sector: